Hercules Offshore, Inc. Signs Purchase Agreement to Acquire Assets of Seahawk Drilling

Hercules Offshore, Inc. announced today that it has entered into an Asset Purchase Agreement with Seahawk Drilling, Inc. (Nasdaq:HAWK – News) and its affiliates (collectively “Seahawk”) to purchase 20 jackup rigs and related assets from Seahawk for approximately 22.3 million shares of Hercules Offshore common stock and cash consideration... 

AEP Schedules Live Webcast of Quarterly Earnings Call

American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EST Friday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. The... 

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... 

Duncan Energy Partners Increases Cash Distribution Rate and Announces Schedule K-1 Availability

Duncan Energy Partners L.P. today announced that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.455 per common unit, or $1.82 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record at the close of... 

Enterprise Announces 26th Consecutive Quarterly Distribution Rate Increase

Enterprise Products Partners L.P. announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution rate paid to partners to $0.59 per common unit, or $2.36 per unit on an annualized basis. The quarterly distribution will be paid on Monday, February 7, 2011, to unitholders of record as of the... 

TuV SuD Certifies Esterel Technologies’ SCADE Display 6.2 KCG Code Generator to SIL 3/4 under EN 50128 and SIL 3 under IEC 61508 Standards

Esterel Technologies, the leading worldwide provider of critical system and software development solutions, today announced that TÜV SÜD Rail GmbH has certified the latest version of its SCADE Display® KCG® Code Generator to safety integrity level (SIL) 3/4 under EN 50128 and SIL 3 under IEC 61508. TÜV SÜD is a leading global testing and inspection... 

LGG Challenges Businesses to Make Carbon Emissions a Thing of the Past

The creators of software that automatically purchases carbon credits to offset a computers emissions have extended a challenge to businesses to play a major part in cutting carbon emissions worldwide. The Zero Carbon Computing Challenge (ZCCC), launched by the creators of the Little Green Genie, are encouraging businesses to spread the word about zero... 

Comverge Announces Multi-Year Demand Management Program with Progress Energy Carolinas

Comverge, Inc. announced that it has entered into an agreement with Progress Energy Carolinas (PEC) to provide demand response hardware, software, software hosting services and project support in connection with PEC’s new EnergyWise(TM) residential demand response and energy efficiency program. The exclusive agreement has an initial term of five... 

Carbon Sciences Draws Interest From Oil Refineries at Istanbul CO2 Conference

Carbon Sciences Inc., the developer of a breakthrough technology to transform carbon dioxide (CO2) emissions into gasoline and other fuels, announced that representatives of oil refineries expressed a high level of interest in the company’s technology at the ACI Downstream CO2 & Energy Efficiency Forum held December 3-5 in Istanbul, Turkey. Derek... 

UCN Signs Agreement With Natural Gas Energy Company

UCN, Inc., the market leader in on-demand contact center software, has signed an agreement for inContact® Echo® with a rapidly-growing energy services company. The new customer has hundreds of agents at multiple contact center sites. Previously the company tracked customer satisfaction levels by having the agent ask direct questions during the call....