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Avista Corp. Names Mark Thies Sr. V.P. and CFO as Part of Its Strategic Succession Planning

Avista Corp. announced that Mark Thies will join the company as senior vice president and chief financial officer (CFO) in September 2008. Previously, the CFO position was held by Malyn Malquist, Avista Corp. executive vice president. Malquist will remain as executive vice president through the transition, and he will continue to play an active part [...]

NDR Energy Group Announces Record Sales of $31.58 Million for the Period Ending September 30

NDR Energy Group LLC, a natural and alternative energy company, and subsidiary of Universal Bioenergy Inc. a publicly traded company, reported record sales of $31,558,161 for the nine month period ending September 30, 2010.
NDR Energy generated these strong sales in natural gas, in spite of the current weak economy. The sales also reflect a growing [...]

Wescorp Successfully Completes Nitrogen Testing on Water Remediation Unit

Wescorp Energy Inc., an oil and gas technology solutions provider, is pleased to announce that Nitrogen Testing on its 2,000 barrel per day commercial water remediation test unit has been successfully completed. Wescorp’s water remediation units use a patented technology that provides safe, effective and economical separation of oil and solids from produced water. The [...]

Global Earth Energy, Inc. Announces Plans to Export Biodiesel Fuel to Europe

Global Earth Energy, Inc. anticipates the opportunity to export the biodiesel produced at their chemical plant in Leland, NC. Due to the increase in taxes on biodiesel in Germany, there has been a decrease in the production of the alternative energy fuel. With the decline of sales and production overseas, there is an excess amount [...]

Reliant Energy, Merrill Lynch Agree to Extension

On September 29, Reliant Energy announced that it had entered into a letter agreement with Merrill Lynch to take steps to end the credit-enhanced retail structure with Merrill Lynch. The letter agreement also waived compliance with the minimum adjusted EBITDA covenant in the $300 million retail working capital facility with Merrill Lynch through October 31. [...]

Reece Energy announces joint venture with Anterra Energy

Reece Energy Exploration Corp. announce that it has entered into a Joint Venture with Anterra Energy Inc. with the signing of three separate agreements. Under the terms of the initial Joint Venture Reece will invest $3.0 million, primarily in the drilling, completion, fracture stimulation and equipping of horizontal wells on Anterra’s lands at Frontier in [...]

Forensic Expert Discovers Elaborate Forgery of Plaintiffs’ Signatures Authorizing 2003

Chevron Corporation today submitted expert analysis from a leading forensic specialist demonstrating that many of the signatures on the document purporting to authorize the lawsuit against Chevron in Lago Agrio, Ecuador, were forged. According to Chevron’s filing, this newly uncovered evidence of forgery and fraud makes clear that the lawsuit has been tainted with corruption [...]

Alfa Laval Wins SEK 70 Million Power Order from the Middle East

Alfa Laval, a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for crude oil treatment at Rabigh gas turbine power plant in Saudi Arabia. The order value is about SEK 70 million and delivery is scheduled for 2009.
“During the last month we have won two large power orders [...]

Ricardo Creates New Strategic Business Group to Focus on Hybrid Vehicle Development

Ricardo, Inc., a leading independent provider of technology, product innovation and engineering solutions to the world’s automotive, military, transport and new energy industries, today announced the formation of a dedicated global strategic business group to focus the company’s state-of-the-art resources in technology, facilities and engineering skills on hybrid and electric vehicle development.
The new organization, to [...]

Largest Ground-Mounted Solar Power Tracking System East of Mississippi River Being Built at Merck & Co., Inc. Headquarters

By the end of 2008, the world headquarters of Merck & Co., Inc. in Whitehouse Station, N.J., will have the largest ground-mounted solar power tracking system in the eastern half of the United States. A 1.6-megawatt SunPower solar tracking power system, comprising approximately 7,000 solar panels, will cover seven acres of Merck’s 1,000-acre site.
Through a [...]