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Random News from Tambang.Org

PostRock Announces Agreement to Sell Certain Appalachian Assets

PostRock Energy Corporation today announced that it has entered into a definitive agreement with Magnum Hunter Resources Corporation (NYSE Amex:MHR) (“MHR”) to sell certain assets in Wetzel and Lewis Counties, West Virginia for aggregate consideration of $39.75 million. The consideration for the sale will consist of 50% cash and 50% MHR common stock. PostRock will [...]

Axia Capital Partners, LP Announces Sale of Hydroid, LLC

Axia Capital Partners, LP, announced today that it has completed the sale of the assets and business of Hydroid, LLC to Kongsberg Maritime, AS, a division of Kongsberg Gruppen, for approximately $80 million and an earn-out based on Hydroid’s 2008 and 2009 operating performance.
Hydroid is a manufacturer and supplier of Autonomous Underwater Vehicles (AUV) for [...]

Hyperdynamics’ Louisiana Production Remains Steady

Hyperdynamics Corporation announced that its July domestic production for Louisiana was 5,077 barrels sold. This represents the third straight month that gross production surpassed the 5,000 barrel mark. The company also reported it received an average price of $135 per barrel. Production has held steady for the last three months in the face of record [...]

SARS Corp. Announces Sale of LPG Monitoring System to Chinese Public Utility and Business Collaboration with DFSoft Co. Ltd. of China

SARS Corp., a provider of technologies dedicated to the satellite-based management of fixed and mobile assets, announced it had recently delivered the first of three LPG/Refined Fuel “Tank Farm” monitoring systems to a major Chinese customer, ENN Group, one of the largest city gas service providers in China. The deployment of these systems is a [...]

Yingli Green Energy Subsidiary Signs Five-Year US$50 Million Credit Facility Agreement with DEG and FMO

Yingli Green Energy Holding Company Limited, one of the world’s leading vertically integrated photovoltaic (“PV”) product manufacturers, today announced that Baoding Tianwei Yingli New Energy Resources Co., Ltd (“Tianwei Yingli”), the Company’s principal operating subsidiary, has entered into a five-year credit facility agreement with DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH (“DEG”) and the Netherlands [...]

UWIG Announces Scholarship, Meeting Attendance Assistance Program

The Utility Wind Integration Group (UWIG) announced today that it will establish a scholarship program for students working toward careers in the electric power and wind industries, as well as provide financial assistance to students interested in attending UWIG events.
The UWIG Board of Directors voted August 20 to implement a policy that UWIG will support [...]

Petroflow Energy Ltd. Receives Toronto Stock Exchange Conditional Listing Approval

Petroflow Energy Ltd. is pleased to announce that the company’s common shares have been conditionally approved for listing on the Toronto Stock Exchange (TSX), subject to Petroflow fulfilling certain requirements. It is expected that Petroflow will be able to satisfy the requirements within the coming weeks and that the common shares will begin trading on [...]

Casa Energia Expo-2008

Casa Energia Expo, the important event dedicated to homes that produce and save energy, will be held once again at the Datchforum of Assago, Milano, from 7 to 9 November, and will have on show materials, technologies, products and services for a new way of living able to combine comfort, wellbeing and environmental sustainability.
With 6, [...]

LAI Wins Manufacturing Contracts for Land-Based Gas Turbine Components

LAI International, Inc., strategic supplier of precision components and sub-assemblies for original equipment manufacturers has announced it has secured contract awards for manufacturing land-based gas turbine machinery.
LAI uses proprietary milling technology to process more than 1,000 of the static gas turbine components used in power generating plants for a leading original equipment manufacturer.
“LAI has proven [...]

Emergency Stabilization Act Includes Incentives for Rentech and Other Alternative Energy Producers

Rentech, Inc. announced that the Company believes the enactment of the Emergency Stabilization Act is a positive step toward creating financial stability in the marketplace. The inclusion of several tax provisions in the Act will greatly benefit Rentech’s efforts in domestic alternative fuels production.
Rentech has a commercial pipeline of both biomass and fossil based projects [...]