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Random News from Tambang.Org

New Head of Business Development and Marketing will Spearhead Ricardo’s Diversification into New Markets

Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, is accelerating its drive into new business sectors with the appointment of John Moloney as vice president of business development and marketing. Moloney, who has 22 years of business development, strategic planning, [...]

PennFuture Launches Campaign to Give Pennsylvania’s Families and Businesses Powerful Tools to Save on Electricity Bills

Today, Citizens for Pennsylvania’s Future (PennFuture), joined by business leaders, people of faith, elected officials and representatives of the more than 50 organizations in Pennsylvania supporting strong energy savings legislation, launched a new statewide campaign, “How do you spell relief? HB 2200,” challenging all members of the Pennsylvania Senate to pledge to pass HB 2200 [...]

Gas leak at Texas oil refinery prompts evacuation

No injuries were reported due to a gas leak at a Texas City, Texas, refinery that forced the evacuation of nearby homes on Saturday, a city official said.
Production at Marathon Petroleum Corp’s 76,000-barrel-per-day capacity Texas City oil refinery, located about 50 miles south of Houston, was unaffected by the leak, said Marathon spokesman Robert Calmus.
Residents [...]

Wall Street ends higher, buoyed by drop in oil

Wall Street rebounded Thursday, rising sharply as oil prices fell and investors took advantage of bargains in financial stocks after two straight days of heavy declines. The Dow Jones industrial index rose 82.97, or 0.72 percent, to close at 11,615.93.
A pullback in crude prices helped reassure stock traders who are concerned that rising oil and [...]

NV Energy Purchase of Bighorn Generating Facility Completed

NV Energy announced the completion of the acquisition of the 598-megawatt Bighorn Generating Facility from a subsidiary of Reliant Energy, Inc. The purchase by Nevada Power Company, d/b/a NV Energy, amounted to approximately $510 million, including inventory and other closing costs and adjustments.
NV Energy, a wholly owned subsidiary of Sierra Pacific Resources (NYSE:SRP), had announced [...]

Solarfun Announces Completion of at-the-Market Equity Offering with Net Proceeds of US$71.9 Million

Solarfun Power Holdings Co., Ltd., an established vertically-integrated manufacturer of silicon ingots and photovoltaic (“PV”) cells and modules in China, today announced the completion of its equity offering pursuant to the sales agency agreement with Morgan Stanley & Co. Incorporated dated July 17, 2008. Upon the completion of the offering at the market close on [...]

LAI Wins Manufacturing Contracts for Land-Based Gas Turbine Components

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers has announced it has secured contract awards for manufacturing land-based gas turbine machinery.
LAI uses proprietary milling technology to process more than 1,000 of the static gas turbine components used in power generating plants for a leading original equipment manufacturer.
“LAI has proven [...]

China Prosperous Clean Energy Corporation Completes Construction of First Stage of Shijiazhuang Project

China Prosperous Clean Energy Corporation, a retailer and wholesaler of compressed natural gas and liquefied petroleum gas through its subsidiaries based in China, today announced that the Company has completed the first stage of construction for natural gas distribution network for residential usage in Shijiazhuang Yuanshi County. This project has now entered the second stage [...]

Mullen Group Ltd. Expands Fluid Hauling Capabilities

Mullen Group Ltd. announced today a number of transactions that will expand its fluid handling and hauling capabilities in northern Alberta and northeastern British Columbia.
“Acquiring businesses leveraged to fluid hauling and the production services segment of the oil and gas industry has been a strategic focus of the Mullen Group for several years. New [...]

Atlas Copco to Supply Worlds First Floating LNG Plant

Atlas Copco has won a multi-million USD contract to supply six turboexpander compressors for a new type of application related to liquefied natural gas (LNG). The customer, Norway-based KANFA Aragon A.S., part of the Sevan Marine Group, will use the equipment for the world’s first floating natural gas liquefaction plant.
Installed aboard a so-called M-flex storage [...]