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Magnum Hunter Resources Announces Acquisition of $40 Million in Marcellus Shale Properties

Magnum Hunter Resources Corporation announced today that its wholly-owned subsidiary, Triad Hunter, LLC (“Triad Hunter”), has executed a definitive agreement to acquire oil and gas properties and leasehold mineral interests located in Wetzel and Lewis Counties, West Virginia (the “Marcellus Assets”). The Seller of the asset portfolio is PostRock Energy Corporation (NASDAQ:PSTR – News), based [...]

AES Announces Extension of $500 Million Stock Repurchase Program

The AES Corporation today announced that it has extended its stock repurchase program of up to $500 million, which was introduced on July 7, 2010 and was set to expire on December 31, 2010. This amount includes those shares that have been acquired since the stock repurchase program began.
Under this authorization, the Company may repurchase [...]

Rotary Corporation, the World’s Largest Supplier of Outdoor Power Equipment Replacement Parts, Enters into the G-OIL(TM) Business with Green Earth Technologies

Green Earth Technologies, a leading green consumer goods manufacturer, has entered into an agreement with Rotary Corporation, the global leader in outdoor power equipment replacement parts, to offer G-OIL™ 2-Cycle Green Engine Oil for their customers. The 2-Cycle G-OIL™ is a “Green Solution” made with American-Grown Base Oils and meets the ASTM Standard of ultimate [...]

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 [...]

Massey Energy Announces Pricing and Receipt of Requisite Consents in Tender Offer and Consent Solicitation for 6.625% Senior Notes Due 2010

Massey Energy Company announced the determination of the total consideration offered pursuant to its previously announced cash tender offer and consent solicitation for any and all of its 6.625% senior notes due 2010 (the “6.625% Notes”). Massey also announced today that holders of approximately $311.5 million aggregate principal amount of the outstanding $335 million aggregate [...]

Suntech Signs Second Polysilicon Supply Agreement with DC Chemical

Suntech Power Holdings Co., Ltd., one of the world’s leading manufacturers of photovoltaic (PV) cells and modules, today announced that it has signed a definitive seven-year polysilicon supply agreement with DC Chemical Co. Ltd., a leading multinational chemicals producer headquartered in Seoul, South Korea. Under the terms of the agreement, DC Chemical will supply Suntech [...]

Synthesis Energy Systems Enters Into License Agreement with ExxonMobil for Up to 15 Methanol-to-Gasoline (MTG) Technology Licenses

Synthesis Energy Systems, Inc., a global industrial gasification company, today announced that it has entered into an agreement with ExxonMobil Research and Engineering Company (“EMRE”) that provides SES the option to execute up to 15 Methanol-to-Gasoline (“MTG”) technology licenses at U-GAS® coal gasification plants globally.
The commercially proven MTG technology incorporates improvements since the technology was [...]

Conduit Capital to Build $127 Million Power Plant in Jamaica

Conduit Capital Partners LLC, a private equity investment firm focused on energy infrastructure investment and development in Latin America and the Caribbean, today announced that it will build a $127 million power plant in West Kingston, Jamaica. The thermal power plant, which will initially run on oil but can also be fitted to run on [...]

GSMA Launches Renewable Energy Push For Mobile Networks

The GSMA launched the Green Power for Mobile programme with the goal of helping the mobile industry use renewable energy sources, such as solar, wind, or sustainable biofuels(1), to power 118,000 new and existing off-grid base stations in developing countries by 2012. Achieving that target would save up to 2.5 billion litres of diesel per [...]

Eagle Star Minerals Announces Exercise of Warrants

Foundations of a Great Communicator In the news release issued earlier today the title should have read “Eagle Star Minerals Announces Exercise of Warrants” instead of “Eagle Star Minerals Extends Accelerated Expiry Date of $0.20 Warrants”. The remainder of the contents in the news release is unchanged.
Further to its news release dated December 21, 2010 [...]