Magnetek, Inc. today reported the results of its 2011 fiscal second quarter ended January 2, 2011. Second Quarter Results In its second quarter of fiscal 2011, Magnetek recorded revenue of $26.1 million, a 36% increase from the second quarter of fiscal 2010 and a 5% sequential increase from the first quarter of fiscal 2011. The increase in sales from...
RANGE RESOURCES CORPORATION announced today that its proved reserves as of December 31, 2010 increased 42% to 4.4 Tcfe. From all sources, Range replaced 931% of production in 2010 with 840% reserve replacement occurring through the drill bit and positive performance revisions. Finding and development costs from all sources, including acquisitions,...
TransCanada Corporation today announced its Bison Pipeline became operational on Friday, January 14. The 303-mile (487-kilometre), 30-inch-diameter interstate pipeline has an initial capacity of 407 million cubic feet a day, all of which is currently under long-term contract. With additional compression, the pipeline is expandable to 1 billion cubic...
Research and Markets has announced the addition of the “Indian Oil & Gas Sector Analysis” report to their offering. India is gaining strategic importance globally owing to impressive growth pattern and market attractiveness. The country is the worlds fifth-biggest energy consumer and continues to grow rapidly. With increasing demand...
A $25,000 donation from Texas entrepreneur Randy Hill and his company, APT Advanced Trailer and Equipment LP, to the University of Idaho has funded research focused on converting woody biomass to energy. The gift has allowed the university to install a pilot-scale pyrolysis unit at its steam plant. Pyrolysis is a type of incineration that uses almost...
ZBB Energy Corporation, the leading developer of intelligent, renewable energy power platforms, announced today that their ZESS 500 has been deemed a fully operational and validated success. It is installed at CSIRO’s Energy Centre in Newcastle, Australia, as part of the Advanced Electricity Storage Technologies (AEST) program. This marks the...
Thanks to an investment by the Government of Canada, up to $77.75 million over seven years will support the production of ethanol in Saskatchewan, sustain job creation and help stimulate the economy. Ray Boughen, Member of Parliament for Palliser, on behalf of the Honourable Lisa Raitt, Canada’s Minister of Natural Resources, today announced that...
As political pressure mounts to delay California’s ambitious global warming policies, a new report from University of California researchers examines the economic impacts of putting the Governor’s climate program on hold. Energy Prices and California’s Economic Security, a project sponsored by Next 10, a nonpartisan, nonprofit organization,...
Suntech Power Holdings Co., Ltd. the world’s largest manufacturer of crystalline silicon photovoltaic (PV) modules, announced today that it will supply Sunergic SA, one of Switzerland’s leading solar system integrators, with the solar panels for a 1MW solar system for Services Industriels de Geneve (SIG), a Swiss utility. The SIG 1MW solar...
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 —...