Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund...
The global financial turmoil of the past few months has interrupted the outstanding growth pattern of the Russian Generator Set market, making the future hard to predict. The question now is, “Are we experiencing a hiccup or is this stall going to define this market in the future?” Certainly, the trend until this summer has been strong market...
Broadwind Energy, Inc., a leading producer of components, logistics and service for the wind power industry, today announced it has retained Lambert, Edwards & Associates, Inc. (LE&A) to manage its investor relations activities. Naperville, Ill. – based Broadwind Energy said LE&A will help the Company communicate its emerging growth...
Brodeur Partners today launched its Clean Technology practice to help emerging and established companies attract public support for environmentally friendly technologies and sustainable “green” business initiatives. Brodeur Partners’ new practice draws on 23 years of experience in business and consumer technology and the firm’s...
The Shaw Group Inc. announced today that the Maintenance Division of its Power Group has expanded its existing contract with Entergy Nuclear Operations, Inc., a subsidiary of Entergy Corporation, to provide nuclear maintenance services at the 798-megawatt Entergy Palisades nuclear power plant near South Haven, Mich. With the addition of the Entergy...
With gas prices at $3.70 per gallon and attention from Beijing to Belgium focused on carbon emissions, light electric vehicles (EVs) – from mass-market hybrids like the Toyota Prius to pure electric vehicles like the Tesla Roadster – are a hot topic with the auto and finance industries alike. Earlier this month, lithium-ion (Li-ion) battery manufacturer...
China Holdings, Inc., a global diversified asset holdings company and its subsidiaries, headquartered in the U.S., engaged in multiple China-focused business activities including energy, clean energy, resources, utilities, and finance, today announced the Company, and its controlled subsidiary: China Power, Inc. have executed a three(3) year development,...
The high cost of oil is causing many people to panic about winter heating bills as homeowners brace for higher prices than last year. According to estimates by the Department of Energy, households using heating oil will pay an average $4.34 a gallon, or $2,644 for the heating season, up more than 30 percent from last winter and up 150 percent since...
Natural Resource Group, LLC (NRG) recently opened the doors to its newest office located in Las Vegas, Nevada. NRG has been providing environmental and public affairs consulting to the energy industry since 1992. This expansion marks the completion of an 8 year plan to establish regional offices throughout the United States. NRG’s locations now include...
Soil Safe, Inc., a leading environmental services company providing soil processing and remediation solutions to clients in the infrastructure, commercial, and industrial construction markets, today announced that it has partnered with and received a strategic investment from Lake Capital, a private equity firm that invests exclusively in service-based...