U.S. Leads Ranking of Top 25 Countries for Global Biofuels Production Capacity

The U.S. concluded 2010 as the top renewable ethanol producing country, according to the Global Biofuels Outlook to 2020, recently released from Hart Energy Consulting’s Global Biofuels Center (GBC). With more than 51 billion liters (13.47 billion gallons) of ethanol production capacity in operation, the U.S. is by far the leader, with South America’s... 

John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders... 

Universal Lubricants Expands to Meet Growing Demand for Cleaner, Greener Re-Refined Oil

One of the country’s oldest lubricant manufacturing and distribution companies, Wichita’s Universal Lubricants (UL) established in 1929, is poised for double-digit growth for the foreseeable future thanks to a technologically advanced and highly capable re-refinery, and efficiencies gained through its environmentally-friendly closed-loop... 

Global MobileTech Announces DTC Eligibility

Global MobileTech, Inc. a diversified renewable energy, mobile VoIP communications and advertising company, today announced that the Company has been granted eligibility status by the Depository Trust Company (DTC). DTC provides clearance, settlement, and information services for equities, corporate and municipal bonds, unit investment trusts, and... 

Hanwei Announces Third Quarter Fiscal 2011 Financial Results Conference Call Notification

Hanwei Energy Services Corp. announced today that it will hold a conference call to discuss its fiscal 2011 third quarter financial results for the period ended December 31, 2010. Mr. Graham Kwan, Executive Vice President and Mr. Rick Huang, Chief Financial Officer of Hanwei will host the call. Date: Wednesday, February 9, 2011 Time: 11:00 a.m., Eastern... 

PJM Moves Toward Pay-for-Performance Pricing

Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the... 

FreeWave Technologies Chosen by OG&E for its Smart Grid Project

FreeWave Technologies manufacturer of the most reliable, high-performance spread spectrum and licensed radio solutions for mission critical data transmission, today announced it has been selected by OG&E for its comprehensive smart grid deployment. As part of this project, OG&E will utilize FreeWave’s FGR2-PE wireless radio solution for... 

Tendril Teams with Whirlpool Corporation to Usher in New Era of Smart Appliances

Tendril, a leading energy platform company, and Whirlpool Corporation , the world’s leading appliance maker, unveiled a relationship that sets the stage for the rollout of smart home appliances in the U.S. The Tendril platform has the capability to support millions of smart appliances in homes across America. Tendril will provide the back-end... 

Environmental Quality Management, Inc. and Beacon Energy Holdings, Inc. Enter Into Definitive Merger Agreement

Environmental Quality Management, Inc. a Cincinnati, OH-based leading provider of environmental services, and Beacon Energy Holdings, Inc. – OTC: BCOE.PK (“Beacon”), a Cleburne, TX-based leading producer of biodiesel fuel, announced today that they have entered into a definitive merger agreement. In accordance with the merger agreement, at... 

Global Oil and Gas Upstream M&A 2010 Review

Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume...