Chapman Freeborn named Air Charter Provider of the Year in Africa

Monday, Feb 28, 2011
Global aircraft charter specialist Chapman Freeborn has landed the prestigious Air Charter Provider of the Year accolade at the Air Cargo Africa 2011 awards in Nairobi, Kenya.

LOTOS Petrobaltic signs up to AGR again with £1 million excavation deal

AGR Drilling Services has signed a £1m (NOK9.3m) contract to supply its excavation technology and expertise – hot on the heels of a £9m deal for the company.

EMG’s Gas supply to Israel to resume no later than March 4th, 2011

Ampal-American Israel Corporation (“the Company”) (Nasdaq: AMPL), a holding company in the business of acquiring and managing interests in various businesses, announced today that it was advised by East Mediterranean Gas Co. (”EMG”), that the gas supply to EMG, and therefore to EMG’s Israeli Clients, is expected to resume no later than March 4th, 2011. […]

Bankers Petroleum implements 2012 oil hedging contracts

Bankers Petroleum Ltd. (the “Company”) announced today the purchase of put contracts representing 4,000 barrels of oil per day at US$80 per barrel of Dated Brent for the period January 1, 2012 to December 31, 2012. This volume represents approximately 20% of the Company’s forecasted 2012 average production in Albania. The hedge is strictly financial and does not take into account […]

M-I SWACO introduces new console for Accurate Choke Control

M-I SWACO announced today the release of the LOW PRESSURE AUTOCHOKE CONSOLE* (LPAC*) unit, a precision-built choke console that provides accurate and economical control of the AUTOCHOKE* unit during managed pressure drilling (MPD), underbalanced drilling (UBD) and other low surface pressure operations.

PTTEP Joins Statoil as Partner in Canadian Oil Sands

Statoil (OSE: STL, NYSE: STO) has agreed to sell a 40% interest in its oil sands project in Alberta, Canada (Kai Kos Dehseh) to PTT Exploration and Production (PTTEP) of Thailand.

SunEdison awarded additional 31 MW (AC) of solar projects by the Ontario Power Authority

SunEdison, a leading worldwide solar energy services provider and a subsidiary of MEMC Electronic Materials, Inc. (NYSE: WFR), has been awarded 31 Megawatts (MW) AC of solar photovoltaic (PV) projects by The Ontario Power Authority (OPA) as part of the province’s landmark Feed-in Tariff (FIT*) program. This recent announcement adds to the 28 MW of ground-mount […]

B&W awarded renewable energy contract in Finland

The Babcock & Wilcox Company’s (B&W) (NYSE:BWC) Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a $35 million contract with Finland-based EkoKem OY to supply key equipment for a 36 megawatt waste-to-energy, combined heat and power plant in Riihimäki, Finland.

Mitsubishi Electric and Shanghai Electric Enter joint venture agreement on energy saving business in China

Mitsubishi Electric Corporation (TOKYO:6503) today announced that on 23 February 2011, its wholly-owned subsidiaries Mitsubishi Electric Automation (China) Limited and Mitsubishi Electric (China) Co., Ltd. entered into a joint venture agreement with Shanghai Electric Environmental Protection Investment Co., Ltd., a wholly-owned subsidiary of Shanghai Electric Group Company Limited.

Gamesa fulfills guidance for 2010

Gamesa attained its targets for 2010, ending the year with a net cash position of 210 million euro, after generating 472 million euro in net free cash flow during the year.