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Random News from Tambang.Org

Freedom Financial Holdings Announces Joint Venture Agreement and LOI to Launch Heavy-Oil Conversion Technology

Freedom Financial Holdings, Inc. CEO Brian Kistler announced today that the Company has entered into a Letter of Intent with an Oil Technology company to form a Joint Venture to launch a new Heavy-oil conversion technology and begin production on reserves within Southwest Missouri.
Brian Kistler, the Company’s Chairman and Chief Executive Officer, commented, “The opportunity [...]

Research and Markets: The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies

Research and Markets has announced the addition of the “The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and Companies” report to their offering.
The Future of India Oil and Gas Storage Market to 2015- Trends, Drivers, Capex and Capacity Outlook of Storage Terminals and [...]

Budget Waste Goes Green While Continuing to Improve Bottom Line

As previously announced, Budget Waste has changed its fleet over to Bio-Diesel fuel, resulting in Cost Savings for the company, as well as being environmentally friendly.
Management has made this change as part of the company’s ongoing commitment to be more environmentally friendly. Additionally, management anticipates future cost savings from this change to be 5%. Over [...]

Moody’s Confirms Nexen’s Investment Grade Credit Rating

Earlier today, Moody’s Investors Service announced the completion of their credit review and confirmed Nexen’s Baa3 rating with a negative outlook. We expect to retain this rating and remove the negative outlook by reducing our debt to levels commensurate with the rating by late this year or early 2012, and retaining sufficient cash to fund [...]

Verenium Commends the EPA Decision to Maintain the Renewable Fuels Standard

Verenium Corporation, a pioneer in the development of next-generation cellulosic ethanol and high-performance specialty enzymes, today applauded the Environmental Protection Agency for its decision to uphold the enhanced Renewable Fuel Standard enacted into law in December 2007. In its decision, EPA rejected a petition to waive 50% of the requirement to purchase and blend corn [...]

Ultrapetrol (Bahamas) Limited Closes Offering of $80 Million 7.25% Convertible Senior Notes Due 2017

Ultrapetrol Limited announced today the closing of its offering of $80 million aggregate principal amount of convertible senior notes due 2017 (the “notes”), which consists of the previously announced $70 million aggregate principal amount of notes and the full exercise of the initial purchasers’ overallotment of $10 million. The notes will be offered and sold [...]

Milagro Announces James G. Ivey as New President and CEO

The Board of Directors of Milagro Exploration is pleased to announce the appointment of James G. Ivey as its new President and Chief Executive Officer effective January 1, 2011. Mr. Ivey also was named to Milagro’s Board of Directors. Mr. Ivey has served as Milagro’s Executive Vice President & Chief Financial Officer since December [...]

The A2B Electric Bike Offers Urban Freedom for People Who Want to Get Out of Their Cars

Ultra Motor today announced the availability of its new A2BTM electric bike. Developed and manufactured by an international team of expert designers and engineers, the A2B is a state-of-the-art electric bike built specifically for urban transport across the American city landscape.
Increasing challenges are making urban transportation more costly and time-consuming: the Texas Transportation Institute [...]

American Standard Energy Corporation Announces Robert J. Thompson as Board Chairman

The Board of Directors of American Standard Energy Corp. is pleased to announce the appointment of Robert Thompson to the Board and his election to serve as its Chairman. Mr. Thompson shall also chair the Compensation, Audit, and Nominating & Corporate Governance Committees.
Mr. Thompson brings to American Standard Energy Corp. a wealth of experience in [...]

Ampal-American Israel Corporation Announces the Successful Completion of the Offers in Israel to Purchase All Outstanding Shares and Convertible Debentures of Gadot Chemical Tankers and Terminals Ltd.

Ampal-American Israel Corporation announced that Merhav-Ampal Energy Ltd., a wholly owned subsidiary of Ampal, successfully completed the tender offers in Israel to purchase all outstanding shares of common stock and convertible debentures of Gadot Chemical Tankers and Terminals Ltd. , and now holds all of the outstanding Shares of Gadot (99.99% on a fully [...]