A U.S. nuclear plant in Alabama similar in design to the earthquake-hit Fukushima facility in Japan has multiple defenses to prevent and tackle the same kind of emergency, its operator said. Safety features at the Browns Ferry plant in northern Alabama are so superior to those at Japan’s Fukushima Daiichi plant that even in the event of massive...
Solar Universe, a solar installation and finance company, today announced it has appointed Steven L. Yeffa chief financial officer. Yeffa will oversee the company’s corporate finance and accounting activities, and help grow its newly launched solar leasing program. Yeffa is a seasoned finance executive who brings 30 years of experience in financial...
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...
Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from...
Crosstex Energy, L.P. and Crosstex Energy, Inc. (NASDAQ:XTXI – News) (the Corporation) will host an analyst conference on Thursday, March 31, 2011, from 8:00 a.m. – noon Central time in Dallas. The meeting will be broadcast live via conference call or webcast for those unable to attend. Crosstex’s senior management team, led by President and...
CLEAResult, a national energy optimization firm headquartered in Austin, Texas, today announced a significant capital investment from General Catalyst, a venture capital and private equity firm based in Cambridge, Mass. CLEAResult, which ranked 144th on Inc. Magazine’s list of the 500 fastest growing companies in 2010, designs and implements...
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders...
Endeavour International Corporation today announces that it will participate in the 2011 Oil and Services Conference® hosted by EnerCom Incorporated on Wednesday, February 23, 2011 in San Francisco, California. J. Michael Kirksey, executive vice president and chief financial officer, is scheduled to speak on the company’s business strategies...
Hanwei Energy Services Corp. announced today that it will hold a conference call to discuss its fiscal 2011 third quarter financial results for the period ended December 31, 2010. Mr. Graham Kwan, Executive Vice President and Mr. Rick Huang, Chief Financial Officer of Hanwei will host the call. Date: Wednesday, February 9, 2011 Time: 11:00 a.m., Eastern...
Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the...