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Exelon Announces $1.5 Billion Share Buyback; Revises Full Year 2008 Earnings Guidance

September 4th, 2008

Exelon Corporation announced that its board of directors has approved a share repurchase program for up to $1.5 billion of its outstanding common stock. Exelon expects to complete the share repurchase program within the next six months.
“We have an increasingly strong cash flow profile and balance sheet, which allow us to pursue new growth opportunities [...]

GE Capital Solutions Fleet Services Processed More Than $5.7 Million in Customer Rebates for Hybrid and Alternative Fuel Vehicles

December 1st, 2008

GE Capital Solutions Fleet Services has processed more than $5.7 million in rebates for its customers that lease hybrid or alternative fuel motor vehicles since implementing a rebate program. The rebate program is designed for customers that make significant investments in new technology to improve their environmental performance.
Since the Energy Tax Incentives Act of 2005 [...]

Met-Pro Corporation’s Systems Business Unit Receives Equipment Orders Totaling Approximately $1.2 Million

October 23rd, 2008

Raymond J. De Hont, Chairman and Chief Executive Officer of Met-Pro Corporation (NYSE: MPR), announced today that the Company’s Systems business unit has received approximately $1.2 million in orders to design and fabricate thermal oxidizer systems. These orders, one from a Fortune 500 company in the Southwest United States and the other from a landfill [...]

Babcock & Brown Commences Construction of Majestic Wind Farm in Texas Panhandle

September 15th, 2008

Babcock & Brown, a leader in wind energy development, operation and maintenance, today announced the closing of financing and commencement of construction of its 79.5 megawatt (MW) Majestic Wind Farm near Panhandle, Texas, northeast of Amarillo. The project is expected to finish construction and reach full commercial operation before the end of 2008.
Babcock & Brown [...]

Gainesville Regional Utilities Gives Away VendingMiser® Smart Technology

December 9th, 2008

USA Technologies Inc. reported that Gainesville Regional Utilities in Florida was giving their customers free VendingMiser devices. This is part of the Utilities’’ objective to become a national leader in energy efficiency by targeting vending machines with the help of its EnergyMiser® smart technology.
Gainesville, one of 57 energy utilities supporting the USA Technologies EnergyMiser rebate [...]

Zeus Conference to Explore Reducing Capital Costs and Increasing Flexibility With Advanced Gasification Technologies

August 27th, 2008

Emerging gasification technologies could rapidly advance gasification deployment in the next five to ten years and are being used in advanced, modular systems that significantly reduce capital and plant-operating costs. Prefabricated-gasification systems are easily built and transported to the site.
Pending CO2 laws have also created an opportunity for advanced-gasification technologies to be fully developed by [...]

Premium Petroleum Corp.: Continues to Seek up to $5,000,000 in Financing to Tie-in Existing Wells and to Fund Additional Drilling

October 30th, 2008

Premium Petroleum Corp. continues to pursue financing alternatives. Debt, equity, and joint venture options are being reviewed.
The financing proceeds will be used to: equip and tie-in our Viking gas well (9-22); (approximately 1100 yards to the tie-in point), to test, complete, equip, and tie-in our Upper Grand Rapids Flowing Oil Sands well (14-15); to expand [...]

Vietnam: Energy sector focuses on risk management

August 17th, 2008

A conference designed to raise awareness in the energy sector of ways to minimise the negative impacts of global oil price fluctuations took place in Ha Noi on Thursday.
“Risk management during oil price volatility in Viet Nam” was jointly organised by BIDV Insurance Co (BIC) and Ginga Viet Nam Holdings, who have already signed a [...]

China New Energy to Acquire Remaining Interest in Qinhuangdao Chensheng Gas Co., Ltd.

January 7th, 2009

China New Energy Group Company, a leading energy project developer specializing in the development of natural gas distribution networks, and distribution of natural gas in China, today announced that it has entered into an agreement to acquire 51% of Qinhuangdao Chensheng Gas Co., Ltd. (“Chensheng Gas”), a leading natural gas project operator in Nandaihe, northeast [...]

Air Liquide Innovation and Technology at the Service of CERN for the LHC

October 20th, 2008

The largest and most complex scientific instrument ever built will be officially inaugurated at CERN, European Centre for Nuclear Research, on October 21, 2008 by government representatives from the CERN member states, and many other dignitaries. On September 10th, the Large Hadron Collider (LHC) was successfully started, emitted its first beam of protons and is [...]