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Random News from Tambang.Org

Conduit Capital Completes Sale of Natural Gas Compression Facility and Pipeline in Mexico for $89.2 Million

Conduit Capital Partners LLC, a private equity investment firm focused on infrastructure investment and development in Latin America and the Caribbean, announced today that it has completed the sale of the Libramiento natural gas compression facility and an associated 65km natural gas pipeline to InterGen. The total value of the transaction, which was originally announced [...]

United Refining Company Increases Bank Credit Facility to $130 Million

United Refining Company (United), a leading regional refiner and marketer of petroleum products announces completion of an amendment to its secured revolving credit facility (the facility) led by PNC Bank, N.A., Agent Bank. The amendment increases the facility commitment from $100,000,000 to $130,000,000 effective November 21, 2008. The facility expires on November 27, 2011, and [...]

PG&E Statement on First Day of NTSB Hearings

Pacific Gas and Electric Company today issued the following statement by Chris Johns, President of PG&E, at the conclusion of the first day of National Transportation Safety Board (NTSB) hearings:
“We appreciate the opportunity to participate in today’s hearings and applaud the NTSB for its diligent effort to examine critical pipeline safety issues that are important [...]

Appalachian Energy Inks Largest Contract in Its History

The fastest growing alternative energy provider in the Southeast has signed the largest contract in its seven-year history. Appalachian Energy is partnering with Jim Barkley Toyota to provide a turnkey solar energy system that will be the largest photovoltaic (PV) installation in Western North Carolina.
“It was a business decision that made good financial sense based [...]

First Star Resources welcomes Mr. William Majcher to the Board

First Star Resources Inc. wishes to announce a new addition to the board of directors as part of its on going business plan to continue to expand and enhance its International representation.
Effective immediately, the board of First Star Resources has been arranged as follows:
Mr. Robert Gardner as Chairman and CFO,
Mr. John Campbell, President [...]

World Energy Offices Reopen After 10 Days Without Power

It took more than Hurricane Ike to “shut in” World Energy. The energy industry’s widely read and respected publisher continued operations during the storm and immediately afterward. First on the agenda was completing production of its World Energy Monthly Review – with a cover story criticizing U.S. media hype over hurricanes.
Though its Houston headquarters endured [...]

Military Licensee Advent Power Systems Delivers Final License Fee to Cyclone Power

Cyclone Power Technologies announced that Advent Power Systems has made its final base payment to Cyclone under its Technology License Agreement. The timely delivery of this license fee secures for Advent the continuing rights to pursue power and motive applications for the Cyclone Engine with the U.S., European and Israeli military establishments, as well as [...]

Sweco to Examine Stockholm’s Future Energy Supply

Sweco has been chosen to perform a system analysis of the entire Stockholm region’s future energy supply. The goal is to develop proposals that are favourable from both an energy and climate perspective.
Sweco will formulate a number of clearly defined courses of action and strategies that will enable the Stockholm region to minimise its energy [...]

NATEF Receives Record Donation From Amprobe

The National Automotive Technicians Education Foundation today announced a significant donation of digital multimeters from Amprobe in Everett, Wash.
“Due to the outstanding generosity of Amprobe, we are able to provide several Amprobe DM7C Digital Multimeters for use in every NATEF program nationwide,” said Bill Kersten, NATEF President. “This corporate donation of electrical testing equipment, with [...]

Enhanced Oil Resources Inc. Provides 2011 Activity Update

Enhanced Oil Resources Inc. is pleased to provide the following update regarding the Company’s proposed activity for 2011.
The Company had previously announced on December 22nd 2010 that it had completed a $25 Million bank credit facility with Regions Bank. The credit facility capped a year where the Company produced four straight quarters of positive [...]