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Random News from Tambang.Org

Agreement With Leading CO2 Capture Technology Firm, HTC Purenergy, Puts Doosan Babcock and the UK at Forefront of Carbon Capture Technology

Doosan Babcock jointly with Doosan Heavy Industries of Korea have announced a Global Technology Licensing Agreement with a leading Canadian CO2 management technology company, HTC Purenergy Inc. (“HTC”). In conjunction with the Licensing Agreement, Doosan Babcock and Doosan Heavy Industries will subscribe to a Private Placement for an approximate 15% equity share ownership in HTC [...]

Pioneering’s Safe-T-element(R) Recognized by United States Air Force as a Solution That Meets the U.S. Military’s Fire Safety Code Requirements

Pioneering Technology Inc. of Mississauga, Ontario announced that the United States Air Force (“USAF”) has reviewed the suitability of the Safe-T-element technology for commercial Air Force Base (“AFB”) applications and has determined that the product is now acceptable as an alternative means of compliance with their UFC 3-600-01 military code requirement for a range fire [...]

Atlantic Power Announces New Currency Hedges

Atlantic Power Corporation announced that it has extended through 2013 its forward purchases of Canadian dollars in amounts sufficient to make the current level of monthly distributions on its Income Participating Securities (“IPS”).
“We are very pleased to have extended our strategy of mitigating currency risk for another two years through 2013,” commented Barry Welch, Atlantic [...]

Enhanced Oil Resources Inc. Announces New US $25 Million Bank Credit Facility with Regions Bank.

Enhanced Oil Resources Inc. today announced that two of its wholly-owned U.S. subsidiaries have executed a reducing revolving Credit Facility with Regions Bank, Houston, Texas providing for up to US $25,000,000 in development financing for its oil and gas properties located in New Mexico. The new Credit Facility provides an initial borrowing base of [...]

Total E&P Canada Acquires 94% of Synenco Energy

Synenco Energy Inc. (Synenco) announced that Total E&P Canada Ltd. (Total Canada), a wholly-owned subsidiary of Total S.A., has taken up approximately 94% of the issued and outstanding common class “A” voting shares (the Common Shares) of Synenco pursuant to Total Canada’s offer and take-over bid circular dated May 13, 2008, as amended.
Approximately 49.6 million [...]

Sterling Chemicals Announces Signing of Acetic Acid Contract Extension With BP

STERLING CHEMICALS, INC. has announced they and BP Amoco Chemical Company have entered into an amended, long-term Acetic Acid Production Agreement that will be effective retroactively as of January 1, 2008.
The amended agreement contains the following key provisions:
— the term is extended from July 31, 2016 until [...]

W2 Modifies the SunFilter 1 Reactor to Operate 300% More Efficiently on New Algae Strain

W2 Energy, Inc., a clean energy company is pleased to announce that as of March 1, it has converted the SunFilter 1 algae reactor to use Euglena Gracilis, a more efficient strain of algae.
The Euglena Gracilis strain of algae grows in fresh water rather than saltwater, and can sequester 40% of the carbon dioxide dissolved [...]

Energy Efficiency and Lighting Conference Announced as Part of Premier Farnell’s $100,000 USD Live EDGE Green Design Competition

Premier Farnell plc, the leading multi-channel, high service distributor and its companies (Farnell, Newark, Premier Electronics, Farnell-Newark CPC, and MCM), announced the Live EDGE competition will be hosting a series of technical learning and networking events held in a virtual global community, the Live EDGE EcoSphere. Registration and the event schedule are now available for [...]

Major Public Transit Agencies in San Diego, Las Vegas and Phoenix Significantly Expand Bus Fleets Powered by Compressed Natural Gas (CNG)

Public transit agencies in San Diego, CA, Las Vegas, NV and Phoenix, AZ have undertaken major expansions of their compressed natural gas (CNG)-powered bus fleets. Clean Energy Fuels Corp. (Nasdaq:CLNE) currently contracts for CNG fueling services with the San Diego Metropolitan Transit System, the Phoenix Regional Public Transportation Authority (RPTA) and the Regional Transportation Commission [...]

Vanner Selects Maxwell Technologies Ultracapacitor Modules for Retrofit Cold Starting System for Chicago Transit Buses

Vanner Inc., a manufacturer of electrical power conversion products, has selected Maxwell Technologies’ BOOSTCAP® ultracapacitor modules to provide burst power for a retrofit diesel engine starter system that Vanner has won a contract to install in Chicago transit buses.
David Schramm, Maxwell’s president and chief executive officer, said that Vanner is purchasing 460 16-volt BMOD0500 modules [...]