Marketwire - Pipelines

LNG Projects Move Forward in Italy, an Industrial Info News Alert

Mon, 23 Nov 2009 05:00:00 EST

GALWAY, IRELAND--(Marketwire - November 23, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Operations at Adriatic LNG's (Milan, Italy) liquefied natural gas (LNG) terminal have been running smoothly since the official inauguration of the facility on October 19. The terminal is located offshore of Porto Levante, Italy, in the northern Adriatic Sea and has two modular LNG tanks with storage capacities of 125,000 cubic meters each. Enel SpA (BIT:ENEL) (Milan) is currently making a final decision on the selection of the company that will perform engineering, procurement and construction work for its new LNG terminal in Siciliy.

TCW Energy Partners to Announce on November 24, 2009 Quarterly Results and Distribution

Fri, 20 Nov 2009 09:00:00 EST

LOS ANGELES, CA--(Marketwire - November 20, 2009) - TCW Energy Partners, LLC (TEP), a company focused on investments in global energy and infrastructure, announced today that it will report its quarterly results and release its quarterly financial statements for the quarter and year-to-date period ended September 30, 2009 on November 24, 2009. TEP is also expected to declare a distribution for the third quarter at the same time. The record date for the distribution will be November 24, 2009 and the distribution will be paid December 3, 2009. The press releases will be distributed via Marketwire and www.tcw.com on November 24, 2009. TEP's most recently issued financial statements will be available at www.rule144a.com.

Global Resource Corporation Secures $10 Million Financing Commitment

Fri, 20 Nov 2009 08:30:00 EST

MOUNT LAUREL, NJ--(Marketwire - November 20, 2009) - Global Resource Corp. (PINKSHEETS: GBRC), a developer of patent-pending microwave technology and machinery for extracting oil and gas, announced today that it has entered into a $10 million common stock purchase agreement with AGS Capital Group, a New York based institutional investor.

Up to $10 million of Global Resource common stock may be sold from time to time over a 36-month period after the Securities and Exchange Commission has declared effective a registration statement related to the transaction. Global Resource will use the proceeds for working capital and will provide the company with the necessary capital for expansion requirements of commercializing the ground breaking microwave technology.

CAVU Resources, Inc. Announces $2.4 Million Letter of Intent to Acquire ASG, Inc.

Fri, 20 Nov 2009 08:00:00 EST

TULSA, OK--(Marketwire - November 20, 2009) - CAVU Resources, Inc. (PINKSHEETS: CAVR) is pleased to announce that it has entered a Letter of Intent to acquire 100% of the outstanding shares of ASG, Inc. and its wholly owned subsidiaries Applied Survey Systems, Inc., Applied Survey Systems Canada, Inc. and Strata Data, Inc. for $2.4 million in stock and an assumption of $450,000 in debt.

ASG and its subsidiaries provide on a global basis the following services and benefits, Gyroscopic and Magnetic survey and guidance services to the Oil & Gas, Mining and Construction industries. Applied Surveys utilizes rate-gyro technology adopted from the Aerospace industry. The Target INS is a velocity aided true north-finding navigation system with continuous on the fly survey speed limited only by the speed of the wireline. It utilizes innovative strapped down gyros and accelerometers, advanced sensor error compensat

EV Energy Partners to Present at the RBC Capital Markets 2009 MLP Conference

Thu, 19 Nov 2009 17:01:00 EST

HOUSTON, TX--(Marketwire - November 19, 2009) - EV Energy Partners, L.P. (NASDAQ: EVEP) announced today that Michael E. Mercer, Senior Vice President and CFO, will give a presentation as part of a panel at the RBC Capital Markets 2009 MLP Conference.

Mr. Mercer's panel is scheduled to present on Friday, November 20, 2009 at 8:30 a.m. Central Time. The webcast and presentation slides will be available on EVEP's website at www.evenergypartners.com under the Investor Relations Tab.

El Paso Pipeline Partners to Present at RBC Capital Markets MLP Conference

Thu, 19 Nov 2009 16:31:00 EST

HOUSTON, TX--(Marketwire - November 19, 2009) - Jim Cleary, senior vice president of El Paso Pipeline Partners, L.P. (NYSE: EPB) and president of Western Pipelines for El Paso Corporation (NYSE: EP), will present tomorrow, November 20, at the RBC Capital Markets MLP Conference in Dallas, Texas. The presentation will begin at 10 a.m. CST, 11 a.m. EST with an audio webcast and presentation slides available on the Investors pages of El Paso Pipeline Partner's Web site at www.eppipelinepartners.com. Presentation slides will be available approximately one hour before the presentation.

Kender Energy Signs Malta LOI Agreement for 1000 Units Minimum Annually Sales Commitment for Its Solar Technology, With Markets in Over a Dozen Countries

Thu, 19 Nov 2009 16:00:00 EST

GENEVA--(Marketwire - November 19, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Letter of Intent (LOI) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries world-wide.

The earlier discussions with Malta Licensing & Distribution Network have resulted in an increase from the original 500 units per year to 1000 units per year minimum sales, in the definitive Letter of Intent (LOI).

PrimeGen Energy Begins Drilling "Rod 10-21"

Thu, 19 Nov 2009 16:00:00 EST

BRIDGEWATER, NJ--(Marketwire - November 19, 2009) - PrimeGen Energy Corp. (PINKSHEETS: PGNE) ("PrimeGen" or the "Company") wishes to advise that on November 11, 2009 it successfully commenced drilling the "Rod 10-21" well in Rodnikovskogo, Russia and is estimated to reach a target depth by Wednesday, November 25th.

The property is located in the Krasnoarmeiskome District, Saratovskoi Oblast in Russia, one of the most significant oil and gas regions in the country with advanced infrastructure and more than 60 years of oil and gas production history. Saratov lies in the European part of Russia and borders Kazakhstan, the largest oil producing country in Central Asia. The property covers an expansive area of approximately 250 sq. km.

Northland Power Income Fund ach�ve son parc �olien Jardin d'Eole

Thu, 19 Nov 2009 15:16:00 EST

TORONTO, ONTARIO--(Marketwire - 19 nov. 2009) -

PAS DE DISTRIBUTION AUX SERVICES DE PRESSE AMERICAINS OU DE DIFFUSION AUX ETATS-UNIS OU SES POSSESSIONS. TOUTE FAUTE�A RESPECTER CETTE RESTRICTION POURRA CONSTITUER UNE VIOLATION DES LOIS DE LA SECURITE AMERICAINE.

Le Fond de Revenu de Northland Power (le "Fond") (TSX:NPI.UN)(TSX:NPI.DB)(TSX:NPI.DB.A) a annonc� aujourd'hui que son parc �olien Le Jardin d'Eole de 127.5 MW pr�s de Matane commencera ses op�rations commerciales dans les termes fix�s par son contrat d'achat d'�lectricit� avec Hydro-Qu�bec, � minuit ce soir. Le projet comprend 85 �oliennes General Electric de 1,5 MW.

Northland Power Income Fund Completes Jardin d'Eole Wind Farm

Thu, 19 Nov 2009 15:15:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR ITS POSSESSIONS. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

Northland Power Income Fund (the "Fund") (TSX:NPI.UN)(TSX:NPI.DB)(TSX:NPI.DB.A) announced today that its 127.5 MW Jardin d'Eole wind farm project near Matane, Quebec, will commence commercial operations under the terms of its power purchase agreement with Hydro-Quebec at midnight tonight. The project comprises 85 General Electric 1.5 MW wind turbines.

Aptina Picks Silicon Frontline's Post-Layout Verification EDA Software to Eliminate Costly Prototype Builds, Improve Manufacturing Quality

Thu, 19 Nov 2009 13:53:00 EST

CAMPBELL, CA--(Marketwire - November 19, 2009) - Silicon Frontline Technology, Inc. (Silicon Frontline), an Electronic Design Automation (EDA) company in the post-layout verification market, announced today that Aptina, the world's foremost image sensor provider, is using Silicon Frontline's F3D (Fast 3D) software for post-layout verification and for fast 3D extraction to improve Aptina's image sensor design accuracy and manufacturing quality.

Lynden Energy Corp.: First Wolfberry Well Spudded

Thu, 19 Nov 2009 11:13:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 19, 2009) - Lynden Energy Corp. (TSX VENTURE:LVL) reports that the first of three wells scheduled to be drilled in the next 90 days has been spudded on the company's recently acquired Wolfberry Project.

The first well, Harrel 34 #1, is expected to be drilled to a total depth of approximately 10,850 feet and will primarily target oil (and gas) production from the Spraberry and Wolfcamp formations, which are of Permian age and informally grouped to form the "Wolfberry" interval or zone. Secondary targets, such as the Strawn and Atoka, will also be evaluated for completion.

AltaGas Closes Acquisition of Remaining 75.1 Percent of Heritage Gas

Wed, 18 Nov 2009 16:55:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 18, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. AltaGas Income Trust (AltaGas or the Trust) (TSX:ALA.UN) and SaskEnergy Incorporated (SaskEnergy) are pleased to announce that the Trust's indirect wholly-owned subsidiary AltaGas Utility Group Inc. (Utility Group) has successfully completed the acquisition of 75.1 percent of the outstanding shareholder debt and common shares of Heritage Gas Limited (Heritage Gas). The acquisition brings AltaGas' ownership of Heritage Gas to 100 percent. AltaGas purchased SaskEnergy and Scotia Investments (Scotia) respective 50.1 percent and 25 percent interest in Heritage Gas for $109.8 million.

PowerStream Wins Smart Commute Employer of the Year Award

Wed, 18 Nov 2009 12:01:00 EST

Employee vanpool and carpool programs help electric utility earn accolade

Northwest Pipe Receives Expected NASDAQ Notice Related to Late Filing of Form 10-Q

Tue, 17 Nov 2009 17:50:00 EST

VANCOUVER, WA--(Marketwire - November 17, 2009) - Northwest Pipe Company (NASDAQ: NWPX) today announced that it received a notice from the NASDAQ Stock Market stating that the Company is no longer in compliance with NASDAQ Listing Rule 5250(c)(1) because it did not timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009.

Under the NASDAQ Listing Rules, the Company has 60 calendar days, or until January 11, 2010, to submit to NASDAQ a plan to regain compliance with the Listing Rules. If the NASDAQ Stock Market staff accepts the plan, the NASDAQ staff can grant an exception of up to 180 calendar days, or until May 10, 2010, for the Company to regain compliance. The Company intends to either file its Form 10-Q for the quarter ended September 30, 2009 or submit to NASDAQ a plan to regain compliance by January 11, 2010.

Kender Energy Signs Distributor for Its Solar Technology, to Market in North Africa, Middle East, Greece, Turkey and the GCC

Tue, 17 Nov 2009 16:00:00 EST

GENEVA--(Marketwire - November 17, 2009) - Kender Energy Inc. (PINKSHEETS: KNDR) today announced that it has signed a Memorandum Of Understanding (MOU) with Malta Licensing & Distribution Network S.A. (MLDN), a Maltese based international distributor with exposure into over 12 countries worldwide. Initial commitments are for 500 solar units annually.

Malta, an island state in the middle of the Mediterranean, historically has acted as a link for many trade routes dating back to Rome reaching into Ancient times; it also was an important staging point during the Crusades into the Holy-Land during the Middle Ages; and in modern times Malta is a trading hub with its tax free zone forging an important link in the modern world's Crusade to a Eco-friendly energy future. This significant geographic position brings big advantages.

TC PipeLines, LP to Present at RBC Master Limited Partnership Conference

Tue, 17 Nov 2009 15:00:00 EST

OMAHA, NEBRASKA--(Marketwire - Nov. 17, 2009) - TC PipeLines, LP (NASDAQ:TCLP) (The Partnership) will be presenting at the RBC Master Limited Partnership Investor Conference on Friday, November 20, 2009. Mark Zimmerman, president of the general partner, will present an overview of growth opportunities for TC PipeLines, LP and participate in a panel discussion regarding Growth Opportunities Within the Interstate Pipelines. The presentation will be webcast live, starting at 10 a.m. central standard time (CST), 9 a.m. mountain standard time (MST), and available via the Partnership's Investor Centre at www.tcpipelineslp.com.

Venezuela asume control operativo de Tavsa

Tue, 17 Nov 2009 12:54:00 EST

LUXEMBURGO--(Marketwire - November 17, 2009) - Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) anunci� que de acuerdo con el Decreto Ley 6058 y el Decreto 6796, la Rep�blica Bolivariana de Venezuela, actuando por intermedio de PDVSA Industrial S.A. (subsidiaria de Petr�leos de Venezuela S.A.), asumi� formalmente control operativo exclusivo sobre los activos de Tavsa, Tubos de Acero de Venezuela S.A. ("Tavsa"). Luego del cambio formal en el control operativo, PDVSA Industrial ha asumido completa responsabilidad sobre las operaciones y el gerenciamiento de Tavsa y desde entonces las operaciones de Tavsa ser�n manejadas por el comit� de transici�n previamente designado por Venezuela. Los representantes

Venezuela Assumes Operational Control Over Tavsa

Tue, 17 Nov 2009 12:47:00 EST

LUXEMBOURG--(Marketwire - November 17, 2009) - Tenaris S.A. (NYSE: TS) (BAE: TS) (MXSE: TS) (MILAN: TEN) ("Tenaris") announced that pursuant to Decree Law 6058 and Decree 6796, Venezuela, acting through PDVSA Industrial S.A. (a subsidiary of Petr�leos de Venezuela S.A.), formally assumed exclusive operational control over the assets of Tavsa, Tubos de Acero de Venezuela S.A. ("Tavsa"). Following this formal change in operational control, PDVSA Industrial has assumed complete responsibility over Tavsa's operations and management, and Tavsa's operations will thereafter be managed by the transition committee previously appointed by Venezuela. Tenaris's representatives in Tavsa's board of directors will cease in their functions, effective imme

ATCO Launches Province-Wide Youth Campaign

Tue, 17 Nov 2009 11:57:00 EST

More than 400,000 students invited to participate

Solarbrook Water and Power Corporation Announces Distributorship Signed With Jim Trelka

Tue, 17 Nov 2009 11:48:00 EST

CARY, NC--(Marketwire - November 17, 2009) - Solarbrook (PINKSHEETS: SLRW) announced the signing of a distribution agreement with Jim Trelka. Mr. Trelka is experienced in industrial and water treatment equipment sales with contacts through out the North Central US. The agreement grants a territory covering PA, OH, IN, and WV, and will include the full line of Solarbrook products.

This addition to the distribution system is a continuing effort to expand the sales network for Solarbrook's products in areas not covered in past years.

TC PipeLines, LP Presents in New York City at Investor Day

Tue, 17 Nov 2009 09:52:00 EST

OMAHA, NEBRASKA--(Marketwire - Nov. 16, 2009) - Mark Zimmerman, president of TC PipeLines GP, Inc., the general partner of TC PipeLines, LP (NASDAQ:TCLP) (The Partnership) will be presenting at TransCanada Corporation's 2009 Investor Day in New York City on Thursday, November 19th and providing an overview of the Partnership's business outlook. A copy of the presentation will be archived and available via the Partnership's Investor Centre at www.tcpipelineslp.com. TC PipeLines, LP has interests in approximately 3,700 miles of federally regulated U.S. interstate natural gas pipelines, including Great Lakes Gas Transmission Limited Partnership (46.45 per cent ownership), Northern Border Pipeline Company (50 per cent ownership), North Baja Pipeline, LLC (100 per cent ownership) and Tuscarora Gas Transmission Company (100 per cent ownership). Great Lakes is a 2,115-mile pipeline serving markets in Minnesota, Wisconsin, Michigan and eastern Canada. The 1,249-mile Northern Border Pip

Middlesex Water Company COO, Ronald F. Williams to Retire at End of 2009

Tue, 17 Nov 2009 09:49:00 EST

ISELIN, NJ--(Marketwire - November 17, 2009) - Ronald F. Williams, Vice President - Operations & Chief Operating Officer of Middlesex Water Company, (NASDAQ: MSEX) has announced that he will retire at the end of 2009. Mr. Williams has served in his position since joining the Company in 1995. During his tenure at Middlesex he has led the company through numerous operational successes including: a $30 million upgrade to the company's largest water treatment plant; installation of a 500 kilowatt solar energy facility and the enhancement of security and reliability of Middlesex Water's critical water infrastructure in a post-9/11 2001 environment. Ronn has also made valuable contributions to the water industry in his role as a former environmental regulator and in various leadership positions in the American Water Works Association.

Is the End of the Recession in Sight? U.S., Canadian Economies Show Some Bright Spots, an Industrial Info News Alert

Tue, 17 Nov 2009 05:30:00 EST

BATON ROUGE, LA--(Marketwire - November 17, 2009) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Industrial Info's North American Industrial Database shows that in the U.S. and Canada, 2,835 capital projects with a start date of 2009, representing a total investment value (TIV) of $283 billion, were placed on hold or cancelled outright this year, according to Industrial Info President and CEO Ed Lewis. Another 3,633 capital projects in North America were delayed and moved out to 2010 or beyond, he said, noting that these projects represented $1.2 trillion in capital spending. Industrial Info's North American Project Spending Index for October was down almost 32% compared to year-earlier spending levels. However,

Foster Wheeler, Worley Parsons and KBR Awarded FEED Contracts for Australia's Woodside Pluto LNG Project, an Industrial Info News Alert

Tue, 17 Nov 2009 05:15:00 EST

PERTH, AUSTRALIA--(Marketwire - November 17, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- KBR Incorporated (NYSE:KBR) (Houston, Texas) and a joint venture formed by Foster Wheeler (NASDAQ:FWLT) (Clinton, New Jersey) and Worley Parsons Limited (ASX:WOR) (Sydney, Australia) have been awarded front-end engineering and design (FEED) contracts by Woodside Petroleum Limited (OTC:WOPEY) (Perth, Australia) for trains 2 and 3 of the company's Pluto Liquefied Natural Gas (LNG) project.

SSE Enters U.K. Carbon Capture Race, an Industrial Info News Alert

Tue, 17 Nov 2009 05:00:00 EST

GALWAY, IRELAND--(Marketwire - November 17, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Dong Energy (Copenhagen, Denmark) may have dropped out of the U.K.'s carbon capture and storage (CCS) race last week, but the U.K. is about to get a new entrant in the shape of Scottish and Southern Energy plc (OTC:SSEZY) (SSE) (Perth, Scotland). The power and gas company has announced that it plans to build the country's largest CCS demonstration plant at the Ferrybridge coal-fired power station near Ca

Sentgraf Enterprises Ltd. Announces Purchase of Additional Shares of ATCO Ltd.

Mon, 16 Nov 2009 20:21:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 16, 2009) - Sentgraf Enterprises Ltd. ("Sentgraf") announces today that it has beneficially purchased an additional 1,182,194 Class I Non-Voting Shares of ATCO Ltd. ("ATCO"), including through normal course purchases on the Toronto Stock Exchange, since September 6, 2005. Such purchases represent an additional 2.3% of the outstanding Class I Non-Voting Shares of ATCO. Sentgraf made these purchases for investment purposes. Sentgraf now owns 12,615,818 Class I Non-Voting Shares of ATCO, representing 24.6% of its outstanding Class I Non-Voting Shares.

Enbridge Energy Partners to Attend RBC Capital Markets 2009 MLP Conference

Mon, 16 Nov 2009 16:14:00 EST

HOUSTON, TX--(Marketwire - November 16, 2009) - Enbridge Energy Partners, L.P. (NYSE: EEP) will be attending the RBC Capital Markets 2009 MLP Conference in Dallas, Texas. Mr. Terrance McGill, President, will participate on the Outlook for Barnett/Bossier panel, commencing at approximately 12:00 p.m. Central Time on Friday, November 20, 2009. The panel discussion will be webcast at http://www.wsw.com/webcast/rbc108/panel13/.

El Paso Corporation's CFO to Present at Investor Conferences in New York

Mon, 16 Nov 2009 16:00:00 EST

HOUSTON, TX--(Marketwire - November 16, 2009) - J. R. Sult, senior vice president and chief financial officer of El Paso Corporation (NYSE: EP), will present November 17, at the Citi North American Credit Conference at 9:45 a.m. EST and at the Bank of America Merrill Lynch Energy Conference at 3:10 p.m. EST.

Both of the presentations will be available in the Investors section of El Paso's Web site at www.elpaso.com about one hour prior to their scheduled time. An audio webcast will be available for the Bank of America Merrill Lynch presentation in the Investors section of El Paso's Web site at www.elpaso.com.

The Gas Company Offers Tips on Preventing, Spotting and Responding to Natural Gas Leaks

Mon, 16 Nov 2009 14:05:00 EST

LOS ANGELES, CA--(Marketwire - November 16, 2009) - With colder weather on the way, natural gas usage for heating will increase throughout the region. Southern California Gas Co. (The Gas Company) urges customers to beware of natural gas leaks.

Though rare, leaks in natural gas pipelines can be caused by third-party contractors, hidden corrosion or natural disasters, and are highly flammable.

The Gas Company offers these safety tips:

SDG&E Offers Tips on Preventing, Spotting and Responding to Natural Gas Leaks

Mon, 16 Nov 2009 14:03:00 EST

SAN DIEGO, CA--(Marketwire - November 16, 2009) - With colder weather on the way, natural gas usage for heating will increase throughout the county. San Diego Gas & Electric (SDG&E) urges customers to beware of natural gas leaks.

Though rare, leaks in natural gas pipelines can be caused by third-party contractors, hidden corrosion or natural disasters, and are highly flammable.

SDG&E offers these safety tips:

EnergySolutions Awarded Large Component Contract From Exelon Nuclear

Mon, 16 Nov 2009 10:00:00 EST

SALT LAKE CITY, UT--(Marketwire - November 16, 2009) - EnergySolutions, Inc. (NYSE: ES) announced today it has signed a $24.3 million contract with Exelon Nuclear to remove and dispose of obsolete materials and equipment from several of the utilities' power plants.

"We appreciate the confidence the company has in EnergySolutions to be part of the team that will help them upgrade major components resulting in additional emissions free power generation at these stations," said Steve Creamer, CEO and Chairman.