The management of CAMAC is gratified to learn that all remaining passengers, flight crew and its corporate aircraft have been released by officials in the Democratic Republic of Congo. The release was not based on an admission of guilt by anyone associated with this incident and the Congolese government filed no charges of wrongdoing. CAMAC had no...
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...
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...
Vitol today announced that, in partnership with Helios Investment Partners, it has agreed to purchase the majority of Shell’s shareholding in most of their downstream businesses in Africa for a total consideration of some $1 billion. Under the agreements, two new joint venture companies will assure continued availability of Shell fuels and lubricants...
Cornerstone Environmental Group, LLC announced that it provided engineering design and compliance services for the Newton County Renewable Energy Business Park LFG Direct-Use Project, located in Brook, Indiana, one of six projects recently recognized by the U.S. Environmental Protection Agency as part of the Landfill Methane Outreach Program (LMOP)...
If a recent national poll is any indication, home energy improvements stand to take a big hit in the coming year. The survey released last week by the Shelton Group, indicates federal energy saving incentives and rebates were the primary motivating factor behind Americans decisions to make energy efficiency changes to their homes. This news comes just...
Alcoa’s was among a select group of thought leaders featured in the inaugural edition of Insider Knowledge Report, a compilation of lessons learned from corporate environmental, sustainability and energy decision-makers. The report was published by Environmental Leader, the on-line source for energy and environmental business news. Alcoa’s approach...
Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders...
Green Envirotech Holdings a leading plastics recovery, separation, cleaning, and recycling company, announced today it has retained the services of Strategic Tactical Asset Trading LLC (“S.T.A.T.”), a provider of comprehensive investor relations services to the micro and small cap community. “With the fast growing recycling segment...
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)...