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Random News from Tambang.Org

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across attractive [...]

Springboard Biodiesel Announces Patent-Pending Biodiesel Processing Acceleration Technology

Springboard Biodiesel, announced today that it has developed patent-pending biodiesel processing acceleration technology that doubles the capacity of its BioPro biodiesel processors. Springboard Biodiesel’s processing line will now comfortably serve users with an even broader range of processing needs — up to 36,000 gallons annually — while providing compelling economic returns.
Using patent-pending fluid separation technology, [...]

Leaders Discuss Trade Policy, Energy and the Economy at Americas Conference

The second day of the Americas Conference presented by The Miami Herald, the State of Florida and Florida International University (FIU) continued with discussions by area leaders including Florida governor, Charlie Crist; Haitian president, René Préval; Vice-president of Argentina, Julio Cobos; and Vice-president of Panama, Samuel Lewis Navarro.
Florida governor Charlie Crist kicked off the last [...]

Zongshen PEM Power Systems Inc. Announces Amendment to Master Support Agreement with Zongshen Industrial Group

Zongshen PEM Power Systems Inc., announced that it has reached an amending agreement (the “Amendment”) with its major shareholder, Zongshen Industrial Group (“ZIG”) to amend the Master Support Agreement (“MSA”) which was signed and announced in January 2008.
The Amendment grants ZPP the exclusive global rights to the production and sale of low emission gas motorbikes [...]

Reliant Enters Into Definitive Agreement Related to Previously Announced Commitment With First Reserve

Reliant Energy announced that it has entered into a definitive agreement with an affiliate of First Reserve Corporation related to Reliant’s previously announced commitment for the issuance of $350 million of Reliant convertible preferred stock to First Reserve.
The company noted that the definitive agreement is based on the terms outlined in the commitment letter of [...]

Petro One Calls Meeting to Ratify Shareholder Protection Rights Plan

Petro One Energy Corp. announced that the Board of Directors had approved the adoption of a shareholder protection rights plan (the “Plan”), also known as a “poison pill”.
The fundamental objectives of the Plan are to provide adequate time for the Board of Directors and shareholders to assess the merits of any unsolicited take-over bid, to [...]

Petroflow Energy Ltd. Receives Toronto Stock Exchange Conditional Listing Approval

Petroflow Energy Ltd. is pleased to announce that the company’s common shares have been conditionally approved for listing on the Toronto Stock Exchange (TSX), subject to Petroflow fulfilling certain requirements. It is expected that Petroflow will be able to satisfy the requirements within the coming weeks and that the common shares will begin trading on [...]

CMS Energy’s Utility Unit, Consumers Energy, Declares Quarterly Dividends on Preferred Stock

The Board of Directors of Consumers Energy, the principal subsidiary of CMS Energy, has declared regular quarterly dividends on both series of the utility’s preferred stock.
The following dividends are payable April 1, 2011 to shareholders of record March 4, 2011: $1.04 per share on the $4.16 stock (NYSE:CMS_pa – News), and [...]

Voyager Petroleum Acquires Scrap USA, LLC

Voyager Petroleum Inc. , an emerging leader in eco–friendly processing and oil distribution today announced the execution of a definitive agreement formalizing the acquisition of Scrap USA, LLC. The effectiveness of this acquisition is subject to satisfaction of standard terms, none of which is expected to impede effectiveness. As part of the terms of this [...]

U.S. Senator Kohl to Visit Orion Energy Systems

U.S. Senator Herb Kohl today will tour the Manitowoc manufacturing facility of Orion Energy Systems Inc., a leading power technology enterprise that designs, manufactures and implements energy management systems, consisting primarily of high-performance, energy-efficient lighting systems, controls and direct renewable products for commercial and industrial customers.
Recently, Orion announced it will expand its Manitowoc factory, creating [...]