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,...
Mascoma Corporation announced several management reconfigurations, as the company moves into its commercial development phase. Mascoma has developed proprietary technology, called Consolidated Bioprocessing (CBP), which enables the production of sustainable, low carbon cellulosic ethanol. This technology has been proven in Mascoma’s Rome, New York...
Teekay LNG Partners L.P. announced that it has priced its follow-on public offering of 4,000,000 common units, which represent limited partner interests, at $17.60 per unit. Teekay LNG has granted the underwriters a 30-day option to purchase up to an additional 600,000 units to cover over-allotments, if any. The Partnership expects to use the proceeds...
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...
Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (”PV”) product manufacturers, today announced that one of its wholly-owned subsidiaries has entered into a credit agreement for a three-year loan facility with a fund managed by Asia Debt Management Hong Kong Limited (”ADM...
Cano Petroleum announced that it recently settled the pending lawsuit with Southwestern Public Service Company d/b/a Xcel Energy, Inc. related to wildfires that occurred in the Texas Panhandle in March 2006. While the terms of the settlement were not disclosed, the result will be the dismissal of this case, which previously was set for trial on February...
Evolution Solar Corp. was selected by Atlantic Energy Solutions Inc. of Saratoga Springs, New York, to serve as a partner to pursue the development of a 5 megawatt Solar Plant in southern Florida. The $400,000,000.00 plant will be funded by a private Florida developer and will be built, operated, and maintained by the partnership. “We are past...
Emerging green energy holding company HydroGenetics, Inc. announced that it had completed the acquisition of Buffalo Biodiesel, Inc. Headquartered in Northern New York, Buffalo Biodiesel is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the contract, Buffalo Biodiesel becomes...
Emerging green energy holding company HydroGenetics, Inc. announced today the execution of a Binding Letter of Intent to acquire Buffalo Biodiesel, Inc.. Headquartered in Northern New York, Buffalo Biodiesel, Inc. is a leading producer, collector and renderer of yellow grease and its ultimate fuel property, biodiesel. Under the terms of the LOI, Buffalo...
Green Energy Resources, Inc. has signed a European supply contract for $21 million. The order is effective immediately. Orders for the fourth quarter 2008, the 1st quarter 2009 and all of 2009 will meet or exceed the company’s target objectives. Reduced international shipping freight rates, lower fuel costs and a relatively strong euro-dollar...