Lightbridge Corporation the leading innovator of advanced nuclear fuel designs and provider of nuclear energy consulting services to commercial and governmental organizations, today filed an 8-K to disclose new information on its proprietary all-metal fuel technology. The disclosure outlines more detailed safety benefits of the Company’s all-metal...
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...
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor announced that, Atwood Oceanics Pacific Limited a wholly-owned subsidiary of Atwood Oceanics, Inc. (the “Company”), on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd (“DSME”) to construct...
This afternoon, Pacific Gas and Electric Company (PG&E) issued the following statement from President Chris Johns on the National Transportation Safety Board’s (NTSB) most recent report in its investigation into the September 9, 2010, natural gas pipeline accident in San Bruno, California: “While additional work still lies ahead to reach...
Esterel Technologies, the leading worldwide provider of critical system and software development solutions, today announced that TÜV SÜD Rail GmbH has certified the latest version of its SCADE Display® KCG® Code Generator to safety integrity level (SIL) 3/4 under EN 50128 and SIL 3 under IEC 61508. TÜV SÜD is a leading global testing and inspection...
Pacific Gas and Electric Company (PG&E) today responded to the release by the National Transportation Safety Board (NTSB) of its second interim report on the tragic San Bruno pipeline rupture on September 9, 2010. The report documents NTSB’s progress on its meticulous investigation but draws no definitive conclusions as to the cause of the...
Colonial Pipeline today celebrated 10 million hours of employees working without a lost work-time injury. The safety milestone represents more than seven years of employees working safely. In congratulating employees, Colonial CEO Tim Felt reminded that working safely is a job that starts fresh every day. “We are rightfully proud of this accomplishment,...
GE Oil & Gas’ PII Pipeline Solutions group has helped National Grid USA complete a challenging inspection of a decades-old natural gas pipeline running under the busy streets of New York City, showcasing the heightened efforts of operators to evaluate the condition of pipelines located in high-population areas around the country. National...
GeoFields, Inc., a global leader in data management solutions for the pipeline industry, today announced full ArcGIS Pipeline Data Model (APDM) support across the entire product suite. Pipeline operators can now leverage the power of GeoFields complete suite of applications while maintaining their pipeline data in version 4.0 of the model. The APDM...
Tenaska Solar, LLC announced an equity investment in Soltage, LLC to expand the development and use of solar-generated electricity. Soltage, a privately-held full service renewable energy company, is based in Jersey City, N.J. The company develops, finances, installs, owns and operates solar electricity generating stations which provide electricity...