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Random News from Tambang.Org

Southern Pacific Completes Engineering Study and Commences Formal Consultation for Its First SAGD Project

Southern Pacific Resource Corp. announce that it has completed an engineering Design Basis Memorandum (DBM) and cost estimate for its first in-situ steam assisted gravity drainage (SAGD) project. The DBM defines the important project design conditions, production forecasts, facility specifications and process flow. Also included within the DBM is a project execution plan including contracting [...]

Alternative Energy Partners (AEGY) Obtains $8M Funding

Alternative Energy Partners,a provider of comprehensive alternative energy solutions, announces that it has received a commitment for $8M in funding. The funding was arranged by Alternative Energy Partners’ (“AEGY”) parent company, Healthcare of Today, Inc., and will be used for working capital and acquisitions. Per the terms of the financing agreement, there will be no [...]

Market slips on bank worries, lackluster jobs data

Stocks fell on Friday after a court ruling in a key foreclosure case prompted investors to pull out of bank stocks, adding to weakness after a lackluster jobs report.
Even with the decline, however, the S&P 500 and Dow recorded their sixth straight week of advances. The market has proved resilient despite expectations that stocks were [...]

IDGC to Extend Oil & Gas Acquisition Efforts into the Permian Basin

IDGLOBAL Corp announce to shareholders that the Board of Directors has decided to fully focus their immediate oil & gas M&A targets to within the prolific Permian Basin. These targets will include both producing projects as well as drilling prospects. The Permian Basin entails approximately 250 by 300 square miles covering portions of South Eastern [...]

Detectent Changes the Game in Energy Efficiency

Industry pioneer in the application of advanced Customer Intelligence Solutions for utilities, Detectent, Inc. announces the launch of their Energy Efficiency Solution, which delivers new techniques to maximize the potential of utilities’ energy efficiency programs.
The Energy Efficiency Solution delivers program managers the tools and services they need to radically change the way programs are delivered [...]

Petra Petroleum Inc.: Grant of Options

Petra Petroleum Inc. eports that it has granted a total of 340,000 stock options at the exercise price of $0.33 each to its directors, officers and employees. The stock options are granted pursuant to the Company’s Stock Option Plan.
The Company continues to assess new properties and opportunities with an overall goal of growing the Company.

GDF SUEZ Energy North America Affiliate Completes Acquisition of FirstLight Power Enterprises, Inc.

GDF SUEZ Energy North America announced the acquisition of FirstLight Power Enterprises, Inc. (FirstLight) from Energy Capital Partners is now complete. FirstLight owns and operates a unique portfolio of 15 power generation plants — primarily pumped storage and traditional hydro facilities. It also has a state-of-the-art natural gas peaking power plant in construction. Together, these [...]

Flint Hills Resources to Acquire Two Iowa Ethanol Plants

Flint Hills Resources announced plans today to acquire ethanol plants in Iowa Falls and Fairbank, Iowa. Flint Hills Resources signed an agreement yesterday to purchase the plants from Hawkeye Renewables.
The deal is expected to close early in the first quarter of 2011. The purchase price will not be disclosed.
“We’re very pleased to add the Fairbank [...]

Renew Energy Resources, Inc. to Partner with The Doe Fund to Produce Bio-Diesel in New York City

Renew Energy Resources, Inc. and The Doe Fund, Inc. are pleased to announce that they have partnered in Legacy Oil, a Renew Subsidiary, to bring a comprehensive Bio-Diesel conversion solution to New York City. Legacy will capitalize on Renew’s expertise in the Bio-Diesel industry and TDF’s ability to collect and deliver waste cooking oil and [...]

Gushan Environmental Energy Limited Announces Granting of Share Options

Gushan Environmental Energy Limited, China’s largest producer of biodiesel as measured by annual production capacity, announces that the Board of Directors has granted share options to 27 individuals, including officers, employees and one director of the Company totaling 1,276,000 ordinary shares (638,000 American Depositary Shares) at an exercise price of USD5.30 per ordinary share (as [...]