U.S. stocks were set for a higher open on Monday as merger activity and solid earnings, including Exxon Mobil, overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East. Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which would create the second largest...
Russia, the world’s top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbor. So far, Russia’s 50,000-km oil pipeline network has been concentrated in West Siberia and run toward Europe. With the commissioning of the Eastern Siberia...
AMR Research released a study that found that China is the region that contributes the most risk to global supply chains. The survey, which asked 130 global companies to measure the levels of risk they face in their global supply chains, also found that volatile fuel, energy, and commodity prices are the top risk factors. Survey respondents overwhelmingly...
SunPower Corporation, a Silicon Valley-based manufacturer of high-efficiency solar cells, solar panels and solar systems, today announced it has signed a customer contract with Italian solar plant integrator Ecoware, S.p.A. Under the terms of the agreement, SunPower will provide Ecoware with at least 130 megawatts of its high-efficiency solar panels...
Thermal Energy International Inc. announce the following senior management appointments: Peter Bennett, Sales and Marketing Director, GEM Ltd. Peter Bennett joins the Company as Sales and Marketing Director, GEM Ltd. Mr. Bennett is responsible for the overall leadership and management of UK and European sales, marketing and business development activities....
Sunovia Energy Technologies, Inc. announced that former U.S. Under Secretary of Commerce Kenneth I. Juster has agreed to serve as a senior advisor on the company’s advisory board. Under Secretary Juster will provide strategic counseling and assistance on a range of issues relating to public policy and international commerce. Sunovia, an early-stage...
Ultralife Corporation will be presenting at the Western New York Investors Conference in Buffalo, New York on November 5. Ultralife management is scheduled to give a presentation at 2:45 PM Eastern Time. A live webcast of the presentation will be available in the Investor Relations section of the company’s website, http://investor.ulbi.com. Ultralife...
EuroGas, Inc. announced that the Supreme Court of the Slovak Republic, which had previously reinstated Rozmin’s talc mining concession at Gemerska Poloma in the Slovak Republic, recently ordered an immediate halt to an appeal made by the Slovak Mining Authority at Spisska Nova Vesa,(the appellant) a unit of the Ministry of Economy of the Slovak...
SemGroup, L.P. announced its plans to evaluate offers to sell its wholly-owned subsidiary, SemLogistics Milford Haven Limited, which operates the largest independent fuel storage facility in the United Kingdom. Located in Milford Haven on the west coast of Wales, the facility provides 8.5 million barrels of commercially active storage capacity and serves...
Hydrogenics Corporation, today announced it has received orders from customers in Asia, Eastern Europe and South America with an aggregate value of $6.8 million. The HySTAT hydrogen generation systems will be used to deliver high purity hydrogen onsite for metallurgical processing, glass manufacturing and generator cooling. These orders are anticipated...