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Random News from Tambang.Org

Unitil Corporation Rings NYSE Opening Bell

Unitil Corporation announced that its common stock, no par value began trading on the New York Stock Exchange, Thursday, August 21, 2008. Unitil Corporation Common Stock will continue to trade under its current symbol “UTL.”
“Ringing The Opening Bell(SM) at the NYSE opens a new era for our Company,” said Robert G. Schoenberger, Chairman and [...]

PPL Completes Sale of Remaining Hydroelectric Assets in Maine to River Restoration Trust

PPL Corporation announced Friday that it has completed the sale of its remaining three hydroelectric generating facilities in Maine to the Penobscot River Restoration Trust for approximately $24 million.
This sale culminates an agreement reached in 2004 by PPL and a coalition of environmental groups and governmental agencies to facilitate the removal or bypassing [...]

Jobs, the lagging indicator once more?

The U.S. labor market is finally improving, just when many of the other economic indicators are wavering.
Jobs are considered a lagging indicator. They typically recover many months after the economy comes out of a recession, and this cycle was no exception. So will troubles in Japan, Libya and elsewhere push up U.S. unemployment later this [...]

SSTP Eliminates Need for Fossil Fuels for Production of Electricity

Sustainable Power Corp. outlines the important facts underlying SSTP’s vision and solution to solving the problem of utilizing fossil fuels for production of electricity and the benefits of employing SSTP’s revolutionary technology of converting solid municipal waste to natural gas which is used to power electric-producing generators.
Every living citizen produces approximately 4.6 pounds of solid [...]

Sierra Club Asks Federal Court to Cut Off Power to Holland, Michigan Community

The San Francisco-based Sierra Club has filed a complaint in U.S. District Court asking for a court-ordered shutdown of the community-owned electrical generating plant in Holland, Michigan.
The complaint, filed against the City of Holland and the Holland Board of Public Works on December 15, alleges that normal maintenance and repair work done at the James [...]

Philadelphia University and MAG Establish New Composites Institute to Develop Textile-Based Composites for Industrial Applications

Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors.
The new research institute will be funded in part by $1.1 million from MAG, whose chairman and chief executive officer is Dr. [...]

Conduit Capital to Build $127 Million Power Plant in Jamaica

Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced that it will build a $127 million power plant in West Kingston, Jamaica. The thermal power plant, which will initially run on oil but can also be fitted to run on [...]

VIASPACE Signs New Deal to Distribute Fuel Cell Test Stations

VIASPACE Inc., a company that transforms proven space and defense technologies from NASA and the Department of Defense into hardware and software solutions, announced today that it has entered into an agreement with WonATech of Korea for VIASPACE to sell and distribute WonATech’s fuel cell test stations outside Korea.
Fuel Cell test stations that can test [...]

Magnum Hunter Resources to Acquire Appalachian Basin Focused NGAS Resources for $98 Million

Magnum Hunter Resources Corporation and (AMEX:MHR-PC – News) (“Magnum Hunter”, or the “Company”) announced today that it has entered into a definitive agreement to acquire Appalachian Basin focused NGAS Resources, Inc. (NASDAQ:NGAS – News) for approximately $98 million (USD) in common stock and assumed liabilities. Magnum Hunter has agreed to acquire NGAS for $0.55 per [...]

AAA Energy Looks to Cash in on China’s External Trade of $2,174 Billion

AAA Energy Inc. hereby provides its shareholders a corporate update on its current and intended business activities for the coming 12 months.
Company management is undertaking a review of its current portfolio of China-based mineral resource prospects with a view to streamlining its current business activities in that sector given the turmoil and volatility surrounding the [...]