Honeywell announced that it has won an $11 million contract to provide process control hardware and software to Nuon’s Magnum plant, a 1300 megawatt combined-cycle (3 units) power station under construction in Eemshaven, the Netherlands. The contract win follows the completion of an engineering and design study initiated by Honeywell in 2007.
The Nuon Magnum plant, [...]
US Farms, Inc. discussed today what impact the recently announced recession in the US by the National Bureau of Economic Research will have on its Farming and Nursery businesses going forward into 2009.
Yan K. Skwara, CEO of US Farms, Inc., stated, “Worldwide market volatility has certainly affected financing in our business as a publicly traded [...]
Northern Offshore, Ltd. announced that its subsidiary, Northern Offshore U.K. Ltd., was awarded a contract with Ithaca Energy (UK) Limited (“Ithaca”), a subsidiary of the Canadian independent oil and gas company Ithaca Energy Inc., for the jackup Energy Enhancer. The one well tie back and completion program in the Jacky Field, Inner Moray Firth, [...]
Smith International, Inc. and W-H Energy Services, Inc. announced today that they have received notification from the Federal Trade Commission granting early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to Smith’s previously announced exchange offer to acquire all of the outstanding shares of W-H, and the subsequent [...]
Sinoenergy Corporation, a manufacturer of compressed natural gas (CNG) vehicle and gas station equipment and a designer, developer and operator of retail CNG filling stations in the People’s Republic of China, today announced that it has signed a share exchange agreement with China New Energy Development Investment Co., Ltd (China New Energy) to exchange part [...]
Allegheny Energy, Inc. announced today that its Trans-Allegheny Interstate Line Company (TrAILCo) subsidiary filed a motion with the Pennsylvania Public Utility Commission to defer any decision on a portion of its proposed transmission line project, the Trans-Allegheny Interstate Line.
The request will allow the company to pursue a more collaborative process to explore whether there are [...]
ALTER ENERGY GROUP AG announces the the signing of the Binding Letter of Intent (LOI) to construct and own 5 new hydro electric power stations in Ivano-Frankovsk, Carpathian region, Ukraine.
The Ivano-Frnakovsk projects are a 40 MW, 20 MW and 15 MW cascade (consisting of three 5 MW mini hydro) power plants. Under terms of the [...]
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 [...]
Eastern Kentucky University will be reducing its carbon impact and its energy bill even more than it anticipated last spring when the school announced plans to team with Siemens Building Technologies, Inc., and embark on a comprehensive program designed to boost the energy efficiency of facilities campus wide.
After Siemens completed its energy audit of EKU [...]
Mike McGowan, head of hydrogen solutions for Linde North America, has been named chairman of the National Hydrogen Association (NHA), the world’s largest hydrogen technology trade association.
Linde North America is a member of The Linde Group, one of the world’s largest producers and suppliers of hydrogen. NHA’s 110-plus members include automakers, hydrogen suppliers, energy producers, [...]