science / Energy
Ex-Enron executive free of charges after rulingA former Enron Corp. executive is free of criminal charges related to financial fraud at the one-time energy giant after an appeals court ruled he should be acquitted of all counts he faced.
Topix.net Wednesday, October 21, 2009Xandex Solar Signs Agreement with DC Power Systems for SunMizer(TM) North American DistributionPETALUMA, Calif., Oct. 21 /PRNewswire/ -- Xandex Solar, the solar products and services division of Xandex Inc.
announced today that it has signed a memorandum of understanding with DC Power Systems for North America distribution of its new SunMizer(TM) DC power optimizer.
prnewswire.com Wednesday, October 21, 2009Solarfun Appoints Dr. Srinivasamohan Narayanan as Vice President of TechnologySHANGHAI, Oct. 21 /PRNewswire-FirstCall/ -- Solarfun Power Holdings Co., Ltd. ("Solarfun" or "the Company") (Nasdaq: SOLF), a vertically integrated manufacturer of silicon ingots and photovoltaic (PV) cells and modules in China, today
announced the appointment of Dr. Srinivasamohan "Mohan" Narayanan as Vice President of Technology. He will be charged with leading the Company's research and development team, improving product performance and innovation, and streamlining manufacturing operations.
prnewswire.com Wednesday, October 21, 2009Seawater Desalination Remains Critical to Meet Water Requirements Across the Middle East and North Africa, Finds Frost & SullivanDUBAI, UAE, October 21 /PRNewswire/ -- It is estimated that the Middle East and North Africa (MENA) region needs to add about 2.7 million Cu m/day of desalination capacity every year to meet the rising water demand in the region. Considering this, the desalination plant
market in the MENA, which experienced spectacular growth in recent years to emerge the largest market for desalination plants, can be expected to sustain its impressive growth momentum. In fact, it is likely to gain investments worth $15.5 billion between 2009 and 2013.
prnewswire.com Wednesday, October 21, 2009Ecopetrol Presents its Third Quarter and Accumulated Results as of September 2009BOGOTA, Oct. 21 /PRNewswire-FirstCall/ --
prnewswire.com Wednesday, October 21, 2009Harvest Natural Resources Announces Increases in Venezuelan ReservesHOUSTON, Oct. 21 /PRNewswire-FirstCall/ -- Harvest Natural Resources, Inc. (NYSE: HNR) today
announced an increase in reserves attributed to Petrodelta, S.A. (Petrodelta), Harvest's 32 percent owned Venezuelan affiliate. Proved reserves net to Harvest increased to 47.6 million barrels of oil equivalent (MMBOE) at August 31, 2009, as compared to 43.3 MMBOE at year-end 2008. Proved, probable and possible reserves net to Harvest increased 59 percent to 211.1 MMBOE. The increase in reserves was driven primarily by the drilling of two appraisal wells in the largely undeveloped El Salto field. The reserves estimate was prepared by the independent petroleum consultants of Ryder Scott Company, L.P. (Ryder Scott) for Harvest.
prnewswire.com Wednesday, October 21, 2009$80 oil is back. Is that good or bad?Opinions vary on what has caused this year's soaring
oil prices, and on how higher-priced crude will affect an economy struggling to recover.
Houston Chronicle Wednesday, October 21, 2009Chamber of Commerce Spends $34.7M on 3Q LobbyingLosing key members and facing political headwinds, the U.S. Chamber of Commerce spent a record $34.7 million in the third quarter lobbying against the Obama administration's proposals to overhaul energy policy, financial regulation and health care.
Topix.net Wednesday, October 21, 2009Ivanhoe Energy Canada appoints Calgary petroleum executive David Dyck as President and CEOCALGARY, Oct. 21 /PRNewswire-FirstCall/ - Robert Friedland, Executive Co-Chairman, President and CEO of Ivanhoe Energy Inc. (TSX: IE; NASDAQ: IVAN), today
announced the appointment of North American petroleum industry executive David Dyck as President and CEO of Ivanhoe Energy Canada Inc., Ivanhoe Energy's subsidiary for operations in Canada.
prnewswire.com Wednesday, October 21, 2009Holly Corporation Announces Proposed Offering of Senior NotesDALLAS, Oct. 21 /PRNewswire-FirstCall/ --Holly Corporation (NYSE: HOC) ("Holly" or the "Company")
announced today that it intends to commence an offering of $100 million principal amount of senior unsecured notes. The notes will be an additional issuance of Holly's 9.875% senior notes due 2017 and will be treated as a single class with such existing notes. Holly intends to use the net proceeds from the offering to fund the cash portion of the purchase price for the pending acquisition from Sinclair Tulsa Refining Company of a refinery located in Tulsa, Oklahoma and a portion of the purchase price for the related inventory. If the acquisition of the Sinclair refinery does not close, Holly will use the proceeds from the offering for general corporate purposes, including working capital, capital expenditures and possible future acquisitions.
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