Progress Energy Sending Crews, Contractors to Assist in Ike Restoration

Progress Energy is sending more than 800 company and contract workers from the Carolinas and Florida to Texas to assist utilities there with expected damage and power outages from Hurricane Ike. The company’s deployment of 385 employees and 437 contract personnel is larger than deployments made in support of utilities in Louisiana and Texas after... 

CONSOL Energy Announces Share Repurchase Plan

The CONSOL Energy Inc. Board of Directors, at its regularly scheduled meeting, has authorized a share repurchase program of up to $500 million of the company’s common stock during a 24 month period beginning September 9, 2008. The repurchases will be made from time to time, and will be based on a number of factors, including: the company’s... 

StealthGas Inc. Announces Agreement to Construct Four New 156,000 Deadweight Suezmax Tankers

StealthGas Inc., a ship owning company serving primarily the liquified petroleum gas (LPG) sector of the international shipping industry, announced today that it has ordered two new 156,000 deadweight Suezmax crude Oil Tankers with an option to order two additional such vessels. Delivery of the first vessel is expected in May-July 2011 and delivery... 

Nexant Launches New Dusseldorf Office to Serve European Chemical and Energy Clients

Nexant, a leading provider of consulting services and technology solutions to the global chemical and energy industries, announced today that it has opened a new European office in Düsseldorf, Germany. “The German chemical industry is a major force in global chemicals,” said Dr. Andrew Spiers, Nexant senior vice president responsible for global... 

PSE Move to New London HQ Signifies Aggressive Business Expansion

Process Systems Enterprise (PSE), providers of the world-leading gPROMS advanced process modelling (APM) software and related services and winner of the prestigious Royal Academy of Engineering’s 2007 MacRobert Award for Engineering Innovation, today announced its move to a significantly expanded new head office in Hammersmith, London. gPROMS software... 

Green Car Service Econation Launches Global Reservation System

After successfully launching operations in January, Econation unveils the first global reservation service available to book “green” limousine service anytime, anywhere. In response to the request of their Fortune 500 and entertainment industry clientele, Econation created a trusted worldwide network of limousine companies that have made the decision... 

New Jersey Resources Ranks in the Top 10 of the Fortnightly Best Energy Companies

New Jersey Resources (NJR) has been recognized as one of the top 10 best energy companies in the annual Fortnightly 40, published by Public Utilities Fortnightly magazine. The list, in its fourth year of publication, ranks the 40 best U.S. investor-owned utilities and other companies active in the electric power and natural gas industries based on their... 

Progress Energy Receives National Economic Development Award

Site Selection magazine has named Progress Energy one of North America’s Top Utilities for Economic Development for the sixth time in the last seven years. The magazine’s September 2008 issue selected Progress Energy as one of 10 winning utilities based on its success in helping to generate 7,405 new jobs and more than $766 million in capital... 

Progress Energy Responding to Outages from Hanna

A strong Tropical Storm Hanna came ashore at 3:20 a.m., bringing high winds and heavy rains to much of Progress Energy Carolinas’ service area, and the company has deployed hundreds of company and contract workers to restore service as quickly and safely as possible. As of 8 a.m., about 55,000 customers were without power. Most of those customers... 

Progress Energy Crews Heading East to Assist in Storm Restoration

Progress Energy crews from Western North Carolina are headed to coastal areas today to assist in restoring service from the expected effects of Tropical Storm/Hurricane Hanna. The storm is expected to make landfall near the N.C./S.C. border between 2 and 4 a.m. Saturday. Company line & service crews, as well as contract line and tree crews and...