Energees Investments and Regal Petroleum Announce Increased Recommended Partial Cash Offer

Not for Release, Publication or Distribution in, Into or From Any Jurisdiction Where to do so Would Constitute a Violation of the Relevant Laws of Such Jurisdiction – Following the announcement on 10 December 2010 of a recommended cash offer for Regal, Energees Investments (the principal holding company of the Smart Holding Group)... 

Reportlinker Adds Global LNG Market Trends, Outlook and Business Prospects to 2015

Reportlinker.com announces that a new market research report is available in its catalogue: Global LNG Market Trends, Outlook and Business Prospects to 2015 http://www.reportlinker.com/p0366585/Global-LNG-Market-Trends-Outlook-and-Business-Prospects-to-2015.html Report Description Global LNG industry is in a state of flux. The industry is poised to... 

Oil climbs above $92, anticipates economic growth

Oil climbed above $92 on Monday to its highest since October 2008, spurred on by expectations economic recovery will boost energy demand and as market bulls set their sights on $100 a barrel. U.S. crude was 86 cents higher at $92.24 a barrel by 1438 GMT, off a session high of $92.39. It settled at $91.38 on Friday, marking an annual gain of around 15... 

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... 

PPL Completes Sale of Remaining Hydroelectric Assets in Maine to River Restoration Trust

PPL Corporation announced Friday that it has completed the sale of its remaining three hydroelectric generating facilities in Maine to the Penobscot River Restoration Trust for approximately $24 million. This sale culminates an agreement reached in 2004 by PPL and a coalition of environmental groups and governmental agencies to facilitate the removal... 

Endeavour Announces Successful Appraisal of the Rochelle Discovery in United Kingdom

Endeavour International Corporation announced a successful up-dip appraisal of the Rochelle undeveloped discovery in Block 15/27 of the UK North Sea. Endeavour holds a 55.6 percent interest in the well and is operator for the block. Nexen Petroleum U.K. Limited is a joint venture participant and holds 44.4 percent interest. The Rochelle 15/27-11 appraisal... 

Petroplus Announces an Incident at its Ingolstadt Refinery

Petroplus Holdings AG announced that an incident occurred at its Ingolstadt refinery. At approximately 23:15 Central European Time (CET) yesterday, a fire occurred at a reflux pump associated with the crude oil unit. Refinery and local emergency response teams responded to the incident and the fire was immediately brought under control and extinguished... 

EnPro Industries Acquires Sealing Technology Company

EnPro Industries announced the acquisition of Northern Gaskets and Mouldings Limited (NGM), a distributor of sealing products and a manufacturer of gaskets located in Batley, UK. NGM will operate as part of Garlock (Great Britain) Limited. The acquisition was completed for cash. Terms were not disclosed. NGM serves a variety of industries in the United... 

Westinghouse Announces New Organization and Management Team to Pursue UK Nuclear Business

Westinghouse Electric Company announced formation of Westinghouse Electric Company UK, a Preston-based organization that will consolidate efforts to pursue commercial nuclear power business throughout the United Kingdom. The Company also announced that David Bonser will serve as the organization’s chairman and that Mike Tynan will serve as Vice... 

URS-Led Team to Manage Sellafield UK Nuclear Complex

URS Corporation announced that an international team led by the company’s Washington Division has entered into a contractual arrangement with the UK Nuclear Decommissioning Authority (NDA) to become the new Parent Body Organization (PBO) responsible for the management and operations of the Sellafield sites in North West England. The consortium will...