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Axia Capital Partners, LP Announces Sale of Hydroid, LLC

Axia Capital Partners, LP, announced today that it has completed the sale of the assets and business of Hydroid, LLC to Kongsberg Maritime, AS, a division of Kongsberg Gruppen, for approximately $80 million and an earn-out based on Hydroid’s 2008 and 2009 operating performance.
Hydroid is a manufacturer and supplier of Autonomous Underwater Vehicles (AUV) for [...]

Ecopetrol S.A. Clarifies Information Concerning New Suit Filed by Llanos Oil Exploration

Ecopetrol S.A. informs that on January 19 it was notified of a new lawsuit filed against it in The Hague (Netherlands) by Llanos Oil Exploration Ltd. as a consequence of the termination of the Guatapuri partnership contract on July 23, 2003.
(Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO )
In regards to this process and other legal actions related to the [...]

Profile Technologies, Inc. Awarded Contract for EMW-C(TM) Inspection Services

Profile Technologies, Inc. announce that it has been awarded a contract with Pacific Gas & Electric Company (PG&E) to provide cased pipeline integrity assessments at eight road crossings in Northern California using the EMW-C™. This contract marks a return for the Company to provide these services to PG&E as a follow-up to a recent contract [...]

Amiworld Plans to Increase Diesel and Biodiesel Production by 300%

Amiworld Inc., an international energy company engaged in the production and distribution of diversified fuel products and services with a focus on emerging global economies, today announced a strategic plan to increase both diesel and biodiesel production by at least 300% at the Company’s South American facility. The strategic plan further validates the Company’s aggressive [...]

Intrepid Begins Selling Gas From Biogas Plant #2

Intrepid Technology and Resources, Inc., a renewable biogas alternate energy and soil amendment company, reached another critical milestone by its first delivery of pipeline quality gas from the WestPoint biogas plant to its Landview Fertilizer customer. Deliveries began the week of 11 August 2008 and are continuing on a regular basis.
“Having successfully demonstrated our ability [...]

Aggreko Supplies Power to Beijing Olympics Opening Ceremony

Aggreko, the global leader in temporary power and temperature control, today played a crucial role in supporting the Opening Ceremony of the 2008 Olympic Games in Beijing.
Aggreko was responsible for the supply of power to both the National Stadium and the International Broadcast Center, which was responsible for transmitting the ceremony to an estimated 4 [...]

Market Leader To Showcase Energy Conserving Devices at Abu Dhabi Event

Germany’s Techem Energy Services, an International leader in wireless metering technology, announced that they will be showcasing their range of energy conserving solutions to the Middle East region at Working Buildings Middle East, which is scheduled to take place at the Abu Dhabi National Exhibition Centre on 17th and 18th November 2008.
“We are pleased that [...]

NuCoastal Power Announces a Strategic Investment by ArcLight Capital

In July 2008, an affiliated fund of ArcLight Capital Partners, LLC completed an initial investment in NuCoastal Power Holdings, LLC located in Houston, Texas. The new company will be re-named ReNu Power LLC.
Founded in 2005, NuCoastal Power is a power generation company whose strategy has been to acquire and re-develop a portfolio of five [...]

Gulf Ethanol Completes Phase 1 Design

Gulf Ethanol Corporation has now completed the Phase 1 design enhancements to its cellulosic pre-processing unit. The unit is now back at the company’s R&D facility ready for product testing to begin again this week. The cellulosic feedstock pre-processing unit is designed to process rough feed stocks into tiny particles. This increases yield and [...]

NuStar Energy L.P. and NuStar GP Holdings, LLC Expect Highest Quarterly Earnings in the History of Both Companies

NuStar Energy L.P. announced that the partnership expects to report record earnings applicable to limited partners for the third quarter of 2008 of at least $2.25 per unit, primarily as a result of exceptionally strong asphalt margins. NuStar GP Holdings, LLC also announced today that the company expects to report record earnings of at [...]