Fuel Systems Solutions, Inc. Enters Into Agreement to Acquire Alternative Fuel Systems (2004) Inc.

Fuel Systems Solutions, Inc. through its wholly owned subsidiary IMPCO Technologies, Inc. and Alternative Fuel Systems announced that they have entered into a support agreement pursuant to which IMPCO has agreed to offer to acquire, directly or indirectly, all of the outstanding common shares of AFS for Cdn.$0.50 in cash per share (the “Offer”).... 

Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

Cyclone Power Technologies Successfully Completes R&D Project for Raytheon Company

Cyclone Power Technologies Inc. has successfully completed a third phase of performance tests of its heat-regenerative external combustion engine for Raytheon Integrated Defense Systems (IDS), a business of Raytheon Company. The tests verified by Raytheon demonstrated that Cyclone’s prototype, water-cooled “Stingray” engine achieved thermal efficiencies... 

John Wood Group PLC (‘Wood Group’, the ‘Group’) Announces Disposal of Well Support Division for $2.8 Billion

Wood Group, the international energy services company, today announces it has entered into a conditional agreement to sell its Well Support Division to GE for cash consideration of $2.8 billion (the “Disposal”). Following the Disposal, the Board of Directors intends that Wood Group will return cash of not less than $1.7 billion to shareholders... 

Northern Offshore Appoints New Senior Vice President

Northern Offshore, Ltd. announced today that Mr. Gary L. Bauer has joined the company as Senior Vice President, Operations. Gary W. Casswell, Northern Offshore’s president and CEO, said “Gary is a welcome addition to Northern Offshore, and we are very pleased to have him join our team. His extensive experience with operations and international... 

Philadelphia University and MAG Establish New Composites Institute to Develop Textile-Based Composites for Industrial Applications

Philadelphia University and MAG are establishing the Philadelphia University MAG Composites Institute for research and development of new textile-based composites that could have wide application in industry, including the aerospace, automotive and energy sectors. The new research institute will be funded in part by $1.1 million from MAG, whose chairman... 

STWA Set to Begin Preliminary Testing of AOT(TM) in January 2011

STWA, Inc. , an innovative technology company focused on improving the efficiency of large-scale energy transportation networks and reducing fuel consumption and emissions in diesel fleets, announced today that it is set to begin preliminary testing for AOT™ at the U.S. Department of Energy’s RMOTC (U.S. DOE) testing facility in Casper, Wyoming,... 

NGAS Resources Announces Definitive Agreement to be Acquired by Magnum Hunter Resources

NGAS Resources, Inc. a leader in horizontal drilling and completion technology in the southern Appalachian Basin, today announced a definitive agreement with Magnum Hunter Resources Corporation (NYSE Amex:MHR), providing for NGAS Resources to be acquired by Magnum Hunter in an all-stock transaction. NGAS Resources is a British Columbia corporation,... 

Green Energy Live Targets $154 Billion U.S. Livestock Industry for Sustainable Biomass-to-Energy Technology Development

Green Energy Live Inc. is focused on developing sustainable biomass-to-energy conversion technology to meet a critical need for the nation’s $154 billion livestock industry. Green Energy Live is utilizing proprietary gasification technology for the development of highly innovative, on-site manure-to-electricity conversion systems to enable America’s... 

Energy Recovery, Inc. PX Devices to Be Implemented at Southern Seawater Desalination Plant in Australia

Energy Recovery, Inc., a leader in the design and development of energy recovery devices for desalination, today announced that its PX Pressure Exchanger™ (PX™) devices will be implemented at the Southern Seawater Desalination Plant (SSDP) in Western Australia. To be constructed by the Southern Seawater Alliance (SSWA) — a joint venture between...