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Political Talk About Tire Pressure Serves as Important Reminder to Motorists

Recent political talk about tire pressure serves as an important reminder to motorists about the fuel saving benefits of properly inflated tires. The U.S. Department of Energy (DOE) estimates that as much as 1.2 billion gallons of fuel is wasted in the United States each year due to under-inflated tires. Additionally, nitrogen inflated tires maintain [...]

New Challenges and Opportunities in Vehicle-to-Grid Power

Research and Markets has announced the addition of the “Vehicle-to-Grid Power: Challenges and Opportunities” report to their offering.
The 1st Edition of Vehicle-to-Grid Power: Challenges and Opportunities is a 38-page report which seeks to pull together information on the current status of V2G power into a comprehensive overview to provide a high level understanding of the [...]

Cavico Applies Raise Climber and Reaming Technologies with Robbins 61R

Cavico Corp., a leading infrastructure development company in Vietnam, today announced that the Company’s subsidiary Cavico Bridge and Underground Construction purchased Robbins 61R, a state-of-the-art piece of equipment used in hydropower projects, for $1.1 million.
The Robbins 61R is manufactured by Robbins of USA. It is considered to be one of the most updated pieces of [...]

PG&E Statement on First Day of NTSB Hearings

Pacific Gas and Electric Company today issued the following statement by Chris Johns, President of PG&E, at the conclusion of the first day of National Transportation Safety Board (NTSB) hearings:
“We appreciate the opportunity to participate in today’s hearings and applaud the NTSB for its diligent effort to examine critical pipeline safety issues that are important [...]

Stake of Swiss AVELAR Energy Group in Falcon Oil & Gas reaches 16%

The Swiss energy and gas company AVELAR Energy Group announced today that its stake in Falcon Oil & Gas Ltd. has reached 16.11%. Igor Akhmerov, CEO of AVELAR, commented: “We have fundamental belief that the management team of Falcon, together with Exxon and MOL, will bring the company to successful exploration results. Our investment in [...]

Dresser-Rand Agrees to Acquire Arrow Industries, Inc. and Completes Acquisition of Assets of Enginuity LLC

Dresser-Rand Group Inc., a global supplier of rotating equipment to the oil, gas, petrochemical, and process industries, announced today that its affiliates have entered into two acquisition agreements. Each is consistent with the company’s strategy of acquiring products, services, and technologies that offer access to new markets or enhance current market positions, and each will [...]

Hagens Berman LLP Continues to Investigate Hercules Offshore Inc. After SEC Probe Announcement

Hagens Berman LLP, an investor-rights law firm, is continuing to investigate Hercules Offshore to determine if the company violated securities laws. The investigation began after the announcement of a Securities and Exchange Commission (SEC) and Department of Justice investigation of certain of the company’s activities.
Hagens Berman partner Reed R. Kathrein is continuing to lead the [...]

Airtricity Deploys Wholesale Operations Management Solution for the Single Electricity Market

Ventyx®, the world’s largest private software provider to the energy and utility industry, today announced completion of an extensive MarketManager® implementation for Airtricity Holdings Ltd., a world-leading renewable energy company, to support operation in the new All-Island Single Electricity Market (SEM). The SEM, which went live on 1st November 2007, is the wholesale electricity market [...]

Humboldt Capital Corporation increases its interest in Trafina Energy Ltd.

Humboldt Capital Corporation advises that it has acquired 149,500 common shares of Trafina Energy Ltd. through the facilities of the TSX Venture Exchange. As a result, Humboldt has increased its holdings to 457,500 common shares, 7.9% of the outstanding shares of Trafina. Humboldt together with its major shareholder, Robert W. Lamond, own and control an [...]

Cano Petroleum Announces Recently Settled Lawsuit

Cano Petroleum announced that it recently settled the pending lawsuit with Southwestern Public Service Company d/b/a Xcel Energy, Inc. related to wildfires that occurred in the Texas Panhandle in March 2006. While the terms of the settlement were not disclosed, the result will be the dismissal of this case, which previously was set for trial [...]