Equal Energy is pleased to announce that it has entered into an agreement with a syndicate of underwriters (the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, subject to regulatory approval, $45,000,000 aggregate principal amount of convertible unsecured junior subordinated debentures (the “Debentures”) at a price of $1,000 [...]
Chiyoda Corporation, Japan’s leading engineering and construction firm, has been awarded a contract by Tokuyama Corporation for the Front-End Engineering Design (FEED) of a polycrystalline silicon plant in Malaysia. The FEED work is scheduled to be completed in the first half of 2009.
1. Client: Tokuyama Corporation
2. Contract Details: FEED work for a [...]
AMR Research released a study that found that China is the region that contributes the most risk to global supply chains. The survey, which asked 130 global companies to measure the levels of risk they face in their global supply chains, also found that volatile fuel, energy, and commodity prices are the top risk factors.
Survey [...]
Hydrogen Energy International LLC and Eastman Chemical Company announced they have signed a definitive agreement for Eastman to license to HEI its proprietary Reduced Sulfur Start-Up Technology. This patented technology allows for the operational startup of gasification reactors using a sulfur-free fuel to mitigate a source of sulfur emission during startup events.
Jonathan Briggs, regional director [...]
Dassault Systèmes (DS), a world leader in 3D and Product Lifecycle Management (PLM) solutions, today announced the availability of CZone for Abaqus, from the DS SIMULIA brand, for simulating crushing of composite materials.
CZone for Abaqus, a new add-on product for Abaqus FEA software, enables engineers to accelerate the design and evaluation of energy-absorbing composite components [...]
The Ethiopian Electric Power Corporation (EEPCo) signed a €210 million ($285 million) deal with French wind turbine maker Vergnet today for 120 1-megawatt wind turbines. This is a huge project for the developing country, potentially representing 15 percent of EEPCo’s present capacity. Delivery of the turbines is scheduled to start next year with construction to [...]
You don’t have to pull the plug on holiday celebrations to conserve energy and save money this holiday season. Through its Holiday Cents program, TXU Energy will educate consumers statewide on ways to cook efficiently, decorate sensibly and keep the cold air out during the winter holiday season.
“TXU Energy is committed to educating consumers on [...]
Surging oil prices are deepening a split inside the Federal Reserve, blurring the likely direction of U.S. monetary policy and making next week’s policy meeting all the more contentious.
The sharp rise in energy costs, precipitated by a wave of pro-democracy uprisings across the Arab world, could affect the economy in different ways, by retarding growth, [...]
Argus Media is pleased to welcome the launch of two new Argus swaps on ICE’s over-the-counter marketplace. From today, the energy industry will be able to trade and clear Argus Northwest European Gasoline Swaps and Argus Northwest European Gasoline Swap vs Brent First Line Swaps on ICE’s platform. Argus gasoline prices are the main price [...]
OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced the completion of Phase 1 of a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Idaho National Laboratory (INL).
OriginOil has been working with INL [...]