Renew Energy Resources, Inc. announced that it has formed a wholly owned subsidiary, Legacy Bio-Fuels, to pursue opportunities for a vertically integrated waste vegetable oil facility in the Northeast. The Company’s business plan has been to identify opportunities by which the Company can facilitate Bio-Diesel production by integrating the financial...
Westinghouse Electric Company today announced sponsorship of a grant for Middle and High Schools focusing on science, technology or mathematics through a proposed hands-on project with students. Administered through the company’s speaker’s bureau, N-Vision, the grant is designed to encourage both teachers and students to think of a creative...
Proserv Offshore LLC announced that Twachtman Snyder & Byrd (TSB) has changed its name to Proserv Decommissioning Contractors & Engineers Inc. and Proserv Abandonment Services, and Circle Technical Services has changed to Proserv Marine and Subsea Technology. All three represent business units within the Abandonment & Decommissioning...
Ultra signed on this date a purchase agreement to acquire Texaco-branded fuels marketing business in Brazil from Chevron Corporation. With this acquisition, Ipiranga reaches nationwide coverage. Ipiranga’s and Texaco’s operations will create a network of more than 5 thousand service stations and will have 23% market share in Brazil. - Brazil...
Catalyst Energy Group, the premier energy retailer to the multi-family industry and BluTrend, a leading provider of utility theft solutions for multi-family owners, today announced an exclusive multi-state agreement to offer BluTrend’s flagship CSASecure® product to multi-family customers served by Catalyst Energy Group subsidiaries nationwide. CSASecure®...
FuelQuest, Inc., the leading on-demand software and services company for the global downstream energy industry, announced today that Knife River Corporation has chosen FuelQuest’s Fuel Management Services to provide centralized control and management of its fuel procurement. As the eighth largest aggregates producer in the U.S., Knife River operates...
Zongshen PEM Power Systems Inc., announced that it has reached an amending agreement (the “Amendment”) with its major shareholder, Zongshen Industrial Group (“ZIG”) to amend the Master Support Agreement (“MSA”) which was signed and announced in January 2008. The Amendment grants ZPP the exclusive global rights to...
Dresser-Rand Group Inc., a global supplier of rotating equipment to the oil, gas, petrochemical, and process industries, announced today that its affiliates have entered into two acquisition agreements. Each is consistent with the company’s strategy of acquiring products, services, and technologies that offer access to new markets or enhance current...
Interline Resources Corporation announced that is has reached agreement to delay interest payments for financing on its NorthCut Refinery. A spokesman for Interline Resources stated, “Discussions with Private Capital Group (PCG), the constructing lending source for the NorthCut Refinery, has led to a joint agreement to delay the payment of accrued...
Verticent, Inc., a vertically centric developer of enterprise software solutions for metal service centers and metal fabricators, announced today that Commercial Fluid Power will implement the Verticent ERP solution at each of its six plants. Commercial Fluid Power, with headquarters in Dover, OH is a leading steel tubing service center and steel machining...