Chevron Corporation today announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. George Kirkland, vice chairman, Chevron Corporation, said, “Chevron is pleased to welcome another participant into the Wheatstone Project....
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”)....
Two important announcements involving renewable energy made on the opening day of U.S. President Barack Obama’s official visit to Brazil, both directly relevant to Brazil’s successful sugarcane ethanol industry, are encouraging signs that Brazil and the U.S. are on a path to achieve free, unobstructed trade for clean, renewable biofuels....
Solar Universe, a solar installation and finance company, today announced it has appointed Steven L. Yeffa chief financial officer. Yeffa will oversee the company’s corporate finance and accounting activities, and help grow its newly launched solar leasing program. Yeffa is a seasoned finance executive who brings 30 years of experience in financial...
Dresser-Rand Group Inc., a global supplier of high-speed rotating equipment and service solutions, announced today that it has signed a Share Purchase Agreement (“SPA”) to acquire Grupo Guascor S.L. (“GG”) for an enterprise value of euro 500 million ($690 million) in a cash and stock transaction. The enterprise value includes...
Estrakon, Inc., will officially launch its new Krystal Frame edge-lit LED product line at GlobalShop 2011 — at the Sands Expo and Convention Center in Las Vegas next month, Booth # 656. Krystal Frame features open-edge, glowing displays that are lightweight, thin, energy-efficient and elegant. “The non-animated Krystal Frame expands the...
Although solar heating can dramatically slash home utility bills and has tremendous environmental benefits, converting to solar is often too cost-prohibitive for many home owners. A group of homeowners in Mt. Pleasant, a suburb outside of Washington D.C., have realized though that there is strength, and more importantly, savings, in numbers. Seventy-five...
FreeWave Technologies manufacturer of the most reliable, high-performance spread spectrum and licensed radio solutions for mission critical data transmission, today announced it has been selected by OG&E for its comprehensive smart grid deployment. As part of this project, OG&E will utilize FreeWave’s FGR2-PE wireless radio solution for...
ATWOOD OCEANICS, INC., a Houston-based international drilling contractor announced that, Atwood Oceanics Pacific Limited a wholly-owned subsidiary of Atwood Oceanics, Inc. (the “Company”), on January 28, 2011 executed a turnkey construction contract with Daewoo Shipbuilding and Marine Engineering Co., Ltd (“DSME”) to construct...
W2 Energy, Inc. is pleased to announce that 2010 was a great year with many significant achievements, and 2011 promises to be another successful year. 2010 Highlights W2 Energy designed, built and filed patents for the SteamRay Rotary Engine, the SunFilter Algae Reactor and the NT Plasmatron Low Temperature Gasifier. W2 Energy completed the purchase...