Chevron Welcomes Shell to the Wheatstone Project

Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project.... 

MACSEA Offers New Marine Solution for Measuring Hull Paint Performance

Ship owners, ship operators, and ship managers realize that hull fouling causes drag-related speed loss and increased fuel consumption when more power is delivered in order to maintain ship schedules. Hull fouling is also a topic of growing environmental concern and international regulation as it relates to green house gas emissions and the carriage... 

Juhl Wind, Inc. Reports Results for the Twelve-Month Period Ended December 31, 2010

Juhl Wind, Inc. the Leader in Community Wind Power, today announced its results for the year ended December 31, 2010. “We are very pleased to report our results for the 2010 fiscal year,” stated Dan Juhl, Chairman and CEO of Juhl Wind, Inc. “By adding the bulk of construction on three major wind farms and one of our smaller wind... 

New Gold Announces Approval of El Morro Environmental Impact Assessment

New Gold Inc. announces that authorities in Chile have approved an Environmental Impact Assessment (“EIA”) for the El Morro project in northern Chile. New Gold is a 30 percent joint venture partner in the project, with Goldcorp Inc. (“Goldcorp”), the project developer, holding 70 percent. The granting of the EIA facilitates commencement... 

GEMCO Awarded Contract for Over 8MW of Ontario microFIT Installations Across Ontario

Editors note: There is a photo associated with this release. Glenbarra Energy Management Corp is currently installing up to 800 ground mounted microFIT Photovoltaic Solar Systems across Southern Ontario. GEMCO has been engaged by Fovere Glenbarra Energy Fund IV (the “Fund”) of Toronto as General Contractor. The Fund has acquired the rights... 

Houston Wire & Cable Company Reports Results for the Fourth Quarter and Year Ended December 31, 2010

Houston Wire & Cable Company announced operating results for the fourth quarter and fiscal year ended December 31, 2010. Selected highlights for the quarter: * Record sales of $93.5 million * Gross margin up 110 basis points over the fourth quarter of 2009 * Revenues increased 47.3% over the fourth quarter of 2009 * Net income up... 

Moody’s Confirms Nexen’s Investment Grade Credit Rating

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund... 

W2 Modifies the SunFilter 1 Reactor to Operate 300% More Efficiently on New Algae Strain

W2 Energy, Inc., a clean energy company is pleased to announce that as of March 1, it has converted the SunFilter 1 algae reactor to use Euglena Gracilis, a more efficient strain of algae. The Euglena Gracilis strain of algae grows in fresh water rather than saltwater, and can sequester 40% of the carbon dioxide dissolved in the water. The previously... 

Frost and Sullivan: South Korean Industrial APCE Market to Earn $221 Million by 2016

As most industries, such as power plants and steel mills, in South Korea have already installed air pollution control equipment (APCE), the growth of the market is expected to be limited between 2 and 3 percent for the next five years until 2016. New analysis from Frost & Sullivan (http://www.environmental.frost.com), Industrial Air Pollution Controls... 

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes...