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Random News from Tambang.Org

SouthGobi Energy Resources Reaches 2008 Target Coal Production of One Million Tonnes Ahead of Schedule and Below Budget at Its Ovoot Tolgoi Coal Mine in Southern Mongolia

Peter Meredith, Chief Executive Officer of SouthGobi Energy Resources Ltd., and Gene Wusaty, Chief Operating Officer, Coal Division, announced today that the Ovoot Tolgoi mine in southern Mongolia has produced its first 1,000,000 tonnes of coal ahead of schedule and below budget.
“We are very pleased to announce this coal production milestone at Ovoot Tolgoi,” Mr. [...]

Atlantic Power Announces New Currency Hedges

Atlantic Power Corporation announced that it has extended through 2013 its forward purchases of Canadian dollars in amounts sufficient to make the current level of monthly distributions on its Income Participating Securities (“IPS”).
“We are very pleased to have extended our strategy of mitigating currency risk for another two years through 2013,” commented Barry Welch, Atlantic [...]

IPS Wins Multi-Million Dollar Contract to Upgrade Taiwan Power Company’s Kuosheng Nuclear Plant

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has signed a multi-million dollar deal with state-owned Taiwan Power Company (TPC) to provide critical upgrades to the Kuosheng Nuclear Power Plant (NPP) in northern Taiwan.
Under the terms of the contract, IPS will replace and upgrade obsolete analog-based recirculation water [...]

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 [...]

Solargy Systems Inc. Begins $120 Million West African Energy Project

Solargy Systems Inc. announced it has hired Cinergex Solutions Ltd, a Canadian provider of Waste to Energy (WTE) technology and equipment, to begin work on a $120 million energy facility that will be operated by Solargy Systems. The facility will generate over $100 million in revenue and open the door for additional facilities, using the [...]

Another NY School District Signs with Atlantic Energy Solutions for Energy Savings

Atlantic Energy Solutions, Inc. announcing that another Upstate New York Public School District is ready to begin its energy efficiency project. The school district has approved a guaranteed savings agreement with Atlantic Energy Solutions. The project scope, which has already been designed and in route to the State Education Department (SED) for review, calls for [...]

Whiting Petroleum Corporation Elects James T. Brown President and COO

Whiting Petroleum Corporation today announced that its Board of Directors elected James T. Brown President and Chief Operating Officer of Whiting Petroleum Corporation, effective January 1, 2011. Mr. Brown joined Whiting Petroleum Corporation in May 1993 as a consulting engineer, became Operations Manager in 1999, was elected Vice President of Operations in 2000 and [...]

@Masdar Expands Social Media Efforts to Enable Global Conversation During #WFES2011

Masdar, Abu Dhabi’s multi-faceted initiative advancing the development and deployment of renewable energy and clean technologies, today announced it is significantly boosting its online social media efforts to facilitate and enhance worldwide dialogue, discussion and collaboration about the issues emerging from the fourth annual World Future Energy Summit (WFES) in Abu Dhabi. WFES 2011 [...]

Global Ent. Acquisition Corp. Announces Name Change, Major Transition of Its Business Into Hydrogen Technology

Global Entertainment Acquisition Corporation announced today that is has changed its name to HydroGenetics, Inc. with the Florida Division of Corporations and filed the name change with FINRA. The company will continue to operate its entertainment business but significantly transition into the development of alternative energy solutions, including the development of a hydrogen reactor [...]

Integrated Solutions Required to Meet Energy Challenge, ExxonMobil Says in New Outlook for Energy: A View to 2030

An integrated series of solutions will be required to manage increases in global energy demand and greenhouse gas emissions that will result from population growth and economic expansion, Exxon Mobil Corporation said, releasing the corporation’s Outlook for Energy: A View to 2030.
“The world needs to meet the ever-growing need for reliable and affordable energy while [...]