Hybrid Construction Method Raises Private High School Campus Up From Ashes

When the school’s gymnasium burned to the ground, Fryeburg Academy needed a plan for reconstruction that could get done quickly, but not break the bank. The private school in western Maine also had to insist on quality. After all, they need to compete to attract a certain percentage of their students each year. “We had an immediate obligation... 

Bird River Resources Reports Progress on New Well

Bird River Resources Inc. is pleased to announce that the drilling portion of a new horizontal oil well at 11-26-1-28W by Atikwa Resources has been successfully completed. The operator is now waiting for a fracing unit which is expected before month end. The well was drilled into the Spearfish formation and is light sweet crude. The well is located... 

Blast rocks Enterprise natgas plant in Texas

One worker was unaccounted for after explosions rocked a natural gas liquids storage complex on Tuesday in Mont Belvieu, Texas, according to the plant’s owner, which also said the main facilities were not damaged. Firefighters contained the massive fire, visible 35 miles to the west in Houston, and there were no reported injuries, Chambers County... 

Gas Supply To Israel Interrupted Due To EGAS’s Mandatory Shut Down Procedure And Is Expected To Resume Within a Week

Ampal-American Israel Corporation, a holding company in the business of acquiring and managing interests in various businesses, announced today that it has been advised by East Mediterranean Gas Co.(“EMG”), in which Ampal has a 12.5% interest, that contrary to some media reports, EMG’s gas pipeline from El-Arish, Egypt to Ashkelon,... 

Energees Investments and Regal Petroleum Announce Increased Recommended Partial Cash Offer

Not for Release, Publication or Distribution in, Into or From Any Jurisdiction Where to do so Would Constitute a Violation of the Relevant Laws of Such Jurisdiction – Following the announcement on 10 December 2010 of a recommended cash offer for Regal, Energees Investments (the principal holding company of the Smart Holding Group)... 

S&P 500 eyes best week in nine

Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks. Signs of improvement in the economy and strong corporate earnings have propelled stock prices but tapering volume, meager gains and declining numbers of... 

PJM Moves Toward Pay-for-Performance Pricing

Beacon Power Corporation a leading provider of fast-response energy storage systems and services to support a more stable, reliable and efficient electricity grid, announced that the PJM Interconnection recently began the formal process to implement pay-for-performance regulation pricing in its geographic area, the largest electricity market in the... 

Alpha Natural Resources and Massey Energy Agree to $8.5 Billion Combination

Alpha Natural Resources, Inc. and Massey Energy Company announced today that they signed a definitive agreement under which Alpha will acquire all outstanding shares of Massey common stock, subject to customary closing conditions including stockholder approval of both companies. Under the terms of the agreement, Massey stockholders will receive, at... 

ZBB Energy Corporation Closes Additional $2 Million Financing

ZBB Energy Corporation today announced that it has closed a $2 million tranche with Socius Capital. In connection with the tranche, Socius (1) purchased for cash $2 million of Series A preferred stock and (2) purchased for a secured promissory note $2.7 million of shares of common stock priced at $1.41 per share. In addition, the Company reported that... 

Fitch Rates Buckeye Power Series 2010 Environ Improv Revs ‘A’; Downgrades Outstanding

Fitch Ratings has assigned an ‘A’ rating to the following Buckeye Power, Inc.(Buckeye) bonds: –$75.0 million Ohio Air Quality Development Authority (OH) environmental improvement revenue bonds, series 2010. The series 2010 bonds were issued during the week of Dec. 17, 2010. Proceeds of the bonds will be used to finance certain air...