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Random News from Tambang.Org

Pacific Energy Resources Appoints New Chief Financial Officer

Pacific Energy Resources Ltd. is pleased to announce the appointment of Gerry Tywoniuk to the position of Senior Vice President of Finance and effective August 15, 2008, Chief Financial Officer (“CFO”). He will work closely with the Company’s current CFO, Jerett Creed, over the next few weeks to ensure an orderly transition. Mr. Tywoniuk will [...]

Rentech Successfully Produces Ultra Clean Synthetic Fuels at Colorado Facility

Rentech, Inc. announced that the Company has successfully produced synthetic fuels at its Product Demonstration Unit (PDU) in Commerce City, Colorado.
Rentech’s PDU is the only synthetic fuels facility in the United States today producing transportation fuels. The facility is designed to produce approximately 420 gallons per day of synthetic jet and diesel fuels and demonstrates [...]

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 [...]

PAA Natural Gas Storage Announces Agreement to Acquire Southern Pines Storage Facility

PAA Natural Gas Storage today announced that it has entered into a definitive agreement to acquire SG Resources Mississippi, LLC, (“SG Resources”). The primary asset of SG Resources is the Southern Pines Energy Center natural gas storage facility (“Southern Pines”). Total consideration is approximately $750 million. Subject to regulatory approval, the transaction is expected to [...]

Dresser-Rand Announces Plan to Acquire Grupo Guascor S.L. (“GG”)

Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes the assumption of approximately euro [...]

Nexterra Receives Order from Johnson Controls for a Multi-million Dollar Biomass Gasification System at the U.S. Department of Energy’s Oak Ridge National Laboratory

Nexterra Energy Corp. announced that it has received an order from Johnson Controls Inc. for a multi-million dollar biomass gasification system at the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL) located in Oak Ridge, Tennessee.
The Nexterra biomass gasification system is the cornerstone of an $89 million contract for Johnson Controls to undertake a [...]

Alfa Laval Wins SEK 70 Million Power Order from the Middle East

Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for crude oil treatment at Rabigh gas turbine power plant in Saudi Arabia. The order value is about SEK 70 million and delivery is scheduled for 2009.
“During the last month we have won two large power orders [...]

TRC Named Engineering Consultant in $3 Million Substation Design Project

TRC Companies, Inc., a recognized leader in engineering, consulting and construction management that provides integrated services to the environmental, energy, infrastructure, and real estate markets, today announced that it has been awarded a $3 million contract to serve as the engineering consultant on the Keene Road Substation Project for the Bangor Hydro-Electric Company (Bangor Hydro).
“Bangor [...]

BP Announces Full Commercial Operation of Wind Farm in Texas

BP Wind Energy announced full commercial operation of phase I of the Sherbino Wind Farm in Pecos County, west Texas. The first 150 megawatts (MW) of the project, which has a potential capacity of 750 MW, has been built through a 50-50 joint venture agreement with Padoma Wind Power LLC, a wholly owned subsidiary of [...]

Green Energy Live Targets $154 Billion U.S. Livestock Industry for Sustainable Biomass-to-Energy Technology Development

Green Energy Live Inc. is focused on developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation’s $154 billion livestock industry. Green Energy Live is utilizing proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable America’s 1.2 million livestock farmers and ranchers to convert their animal [...]