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Commerce Energy Recognizes Advisor on Bridge Financing

Commerce Energy Group, Inc., a leading U.S. electricity and natural gas marketing company, today announced that Jesup & Lamont’s San Francisco investment banking division acted as the advisor and placement agent in connection with the bridge financing announced August 21, 2008.
“Jesup & Lamont played a critical role in helping us secure our bridge financing,” said [...]

Senior Banking Executive Named to PPL Corporation Board

PPL Corporation announced Monday (12/20) that Steven G. Elliott, who has nearly four decades of auditing and banking experience, has been named to the company’s board of directors, effective Jan. 1, 2011.
Elliott currently serves as senior vice chairman of BNY Mellon. During his extensive career with that company, he served as chief financial officer, led [...]

China New Energy to Acquire Remaining Interest in Qinhuangdao Chensheng Gas Co., Ltd.

China New Energy Group Company, a leading energy project developer specializing in the development of natural gas distribution networks, and distribution of natural gas in China, today announced that it has entered into an agreement to acquire 51% of Qinhuangdao Chensheng Gas Co., Ltd. (“Chensheng Gas”), a leading natural gas project operator in Nandaihe, northeast [...]

Egon Zehnder International Names Steven Goodman to Head US Industrial Practice’s Energy and CleanTech Segment

Steven Goodman has assumed leadership of the Egon Zehnder International US Industrial Practice Group’s Energy and CleanTech segment in which he has been a member since he joined the firm in 2006.
“Goodman’s deep industry knowledge and the unique skill sets needed by its leadership will help our clients to select and promote the right people [...]

PureSpectrum, Inc. Files Patent Application for Universal Lighting Control Device

PureSpectrum, Inc. has continued to strengthen and expand its intellectual property portfolio by filing a patent application with the U.S. Patent and Trademark Office for a two-wire dimming device that is addressable and scalable for virtually any form of artificial lighting.
For the past six months, PureSpectrum has used its fully scalable, two-wire dimming device to [...]

FMC Technologies Awarded $45 Million Contract for StatoilHydros Heidrun North Project

FMC Technologies, Inc. announced that it has been awarded a contract from StatoilHydro for the manufacture and supply of additional subsea equipment for its Heidrun North project, located in the Norwegian Sea. This contract, valued at approximately $45 million in revenue, is a call-off from a previously announced frame agreement signed in 2007 with FMC [...]

NuStar Energy L.P. and NuStar GP Holdings, LLC Expect Highest Quarterly Earnings in the History of Both Companies

NuStar Energy L.P. announced that the partnership expects to report record earnings applicable to limited partners for the third quarter of 2008 of at least $2.25 per unit, primarily as a result of exceptionally strong asphalt margins. NuStar GP Holdings, LLC also announced today that the company expects to report record earnings of at [...]

Fiber Composites Responds to Louisiana Pacific (LP) Product Advisory

This past week, Louisiana Pacific® (LP) notified Fiber Composites, LLC of its intent to publish a Potential Safety Hazard for decking, railing and accessories manufactured by LP at its Meridian Idaho manufacturing plant. Formal release of this notification occurred August 7, 2008 and included instructions for customers who purchased these products to contact LP for [...]

CityView to Acquire Crude Oil Refinery for Installation in West Africa

CityView Corporation Limited advises that it is in the process of completing the asset purchase agreement for the acquisition of a crude oil refinery.
It has been decided that CityView will acquire the oil refinery in its own name, rather than through Pensador Resources Inc.
The asset purchase agreement for the acquisition of the oil refinery will [...]

Hanwei signs definitive agreement to acquire CNPC’s interest in Harvest

Hanwei Energy Services Corp. announced today that it has signed a binding agreement with Daqing Changyuan Investment Co. Ltd., an indirect subsidiary of China National Petroleum Corp. (CNPC), the parent company of PetroChina Co., Ltd., to acquire the remaining 8.925 percent equity interest in Daqing Harvest Longwall High Pressure Pipe Co. Ltd. (“Harvest”) for [...]