The management of CAMAC is gratified to learn that all remaining passengers, flight crew and its corporate aircraft have been released by officials in the Democratic Republic of Congo. The release was not based on an admission of guilt by anyone associated with this incident and the Congolese government filed no charges of wrongdoing. CAMAC had no...
Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels....
Former President Bill Clinton said the United States should enforce a no-fly zone over Libya to allow a fair fight between insurgents and troops loyal to Libyan leader Muammar Gaddafi. The international community has been debating whether to impose a no-fly zone as Gaddafi’s warplanes carry out air strikes unhindered by insurgent anti-aircraft...
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor announced that, Atwood Oceanics Pacific Limited a wholly-owned subsidiary of Atwood Oceanics, Inc. (the “Company”), on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd (“DSME”) to construct...
Voyager Petroleum Inc. an emerging leader in eco–friendly processing, oil distribution and specialty recycling programs targeting the automotive service center industry, today announced an agreement creating a controlling-interest in a Joint Venture Operation with an international trading firm for the purpose of exporting Used Motor Oil and other...
El Maniel International Inc. announces today that its gold trading subsidiary, EMLL Mining Limited has received its Gold Buyer’s License as issued by the Precious Minerals Marketing Company Limited (PMMC). PMMC is responsible for the purchase and marketing of the precious minerals with head offices located in the Diamond House building in Accra...
BP Plc and Russia’s state-controlled Rosneft (ROSN.MM) agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies. BP (BP – News), recovering from its Gulf of Mexico oil spill disaster, will swap 5...
General Exploration Partners (“GEP” or the “Company”) and its partner announced today an update on the Atrush-1 exploration well in Kurdistan. The well was spudded on October 5, 2010 and is setting 9 5/8″ intermediate pipe after logging the Jurassic section to the top of Kurrachine at depth of approximately 2,230 meters....
PBF Energy Company LLC today announced that its subsidiary, PBF Holding Company LLC, has completed its purchase of the Paulsboro Refining Company in Paulsboro, New Jersey from Valero Energy Corporation. The acquired assets include an 180,000 barrel per day refinery, and an associated natural gas pipeline. The purchase price is $340 million, subject...
Solar Power, Inc. has completed its first sale to a prominent German solar integrator of its photovoltaic solar modules for use in the integrator’s Germany-based installation projects. An initial supply of SPI’s 200-watt panels was shipped to the integrator at the end of December 2008. The transaction follows IEC certification in early December...