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Random News from Tambang.Org

TETRA Technologies, Inc. to Present at Pritchard Capital Energize 2011 Conference

TETRA Technologies, Inc. announced today that it will participate in the Pritchard Capital Energize 2011 Conference to be held in San Francisco, California. Stuart M. Brightman, TETRA’s President and Chief Executive Officer, and Joseph M. Abell, TETRA’s Sr. Vice President and Chief Financial Officer, are scheduled to present at the conference on Wednesday, January 5, [...]

Synthesis Energy Systems Executes Joint Venture Agreement with YIMA Coal Group to Advance Coal Gasification Project in Henan Province, China

Synthesis Energy Systems, Inc., a global industrial gasification company, announced that it has entered into the primary joint venture agreement with YIMA Coal Croup (“YIMA”), a large Chinese integrated coal company, for the development of a coal gasification plant (the “Plant”) which will feed downstream process for the production of transportation fuels and chemicals intermediates [...]

Deep Down Announces 96% Increase in Revenues

Deep Down, Inc. announced unaudited results on August 15, 2008, for the three months and six months ended June 30, 2008, on Form 10-Q filed with the U.S. Securities and Exchange Commission.
Deep Down generated revenue of $14.2 million for the six months ended June 30, 2008 compared to $7.2 million for the same period last [...]

Solar EnerTech Acquires Stake in 21-Century Silicon; Secures Future Silicon Supply

Solar EnerTech Corp. announced that the Company has entered into an equity purchase agreement in which it acquired two million shares of common stock of 21-Century Silicon, Inc., a polysilicon manufacturer based in Dallas, Texas (”21-Century Silicon”) for $1 million cash. The two million shares acquired by the Company constitute approximately 7.8% of 21-Century Silicon’s [...]

Cano Announces Completion of the Sale of Pantwist, LLC

Cano Petroleum, Inc. announced that on October 1, 2008 it completed the previously announced sale of its subsidiary, Pantwist, LLC, to Legacy Reserves Operating L.P. for $42.7 million. Net proceeds to Cano, after expenses and other customary adjustments, were $41.7 million. Net proceeds were used to pay off all the senior debt of Cano. Cano’s [...]

SunPower BioDiesel Chooses Greenline’s Waterless Biodiesel Platform to Produce Renewable Fuel

Greenline Industries, provider of clean-tech energy platforms, announced today that SunPower BioDiesel of Cumberland, Wis. has chosen Greenline’s waterless biodiesel platform. Greenline’s biodiesel platform allows SunPower to produce biodiesel on a smaller scale, supplying local distributors in a 200 mile radius. Benefits to the community include engineering and manufacturing jobs, a new market for oil [...]

Quadrem to Provide eTendering Technology and Services for SKEC’s USD $2 Billion Gas Train Project

South Korean-based SK Engineering and Construction (SKEC) is using Quadrem solutions to manage sourcing and procurement communications with an international community of 5,000 suppliers. Approximately 300 to 400 tenders are expected to be issued by SKEC to support a gas train project it’s undertaking in the Middle East for a national petroleum company.
“We chose [...]

Rising Heating Oil Costs Result in Record Savings with Wood Pellets

As homes heating with oil are facing record-level heating bills, consumers heating with wood pellets are suddenly realizing record savings.
This January, Popular Mechanics introduced “the high tech, carbon-neutral alternative fuel of the future” – wood. Providing environmental and economic benefits, and a level of convenience unmatched by traditional wood stoves, over a million US homes [...]

Environmental Power Announces Offering of Convertible Notes to Fund Renewable Energy Projects

Environmental Power Corporation announced the offering of its 13% Convertible Notes due January 1, 2014. Proceeds from the sale of the notes will be used to fund the construction and operation of the renewable energy projects being developed by Environmental Power’s subsidiary, Microgy, Inc., and its affiliates.
The notes will be offered at par, bearing interest [...]

Oil climbs above $92, anticipates economic growth

Oil climbed above $92 on Monday to its highest since October 2008, spurred on by expectations economic recovery will boost energy demand and as market bulls set their sights on $100 a barrel.
U.S. crude was 86 cents higher at $92.24 a barrel by 1438 GMT, off a session high of $92.39.
It settled at $91.38 on [...]