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    <title>WebWire | News by Industry : Utilities</title>
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     <title>Centrica enters into further agreement with Drax</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107178</link>
     <pubDate>Fri, 6 Nov 2009 09:41:50 EST</pubDate>
     <description><![CDATA[Centrica plc announced it has entered into a further agreement with Drax Group plc (&#34;Drax&#34;), providing Centrica with access to an additional 300MW of baseload power.  The agreement will run for a five...]]></description>
     <content:encoded><![CDATA[<p>Centrica plc announced it has entered into a further agreement with Drax Group plc (&#34;Drax&#34;), providing Centrica with access to an additional 300MW of baseload power.  The agreement will run for a five year period from October 2010.</p><p>Under the terms of the agreement, similar to the existing 600MW supply contract which commenced in October 2007, Drax will supply power to Centrica at a price set with reference to international coal prices and agreed fixed clean dark spreads, while Centrica will deliver matching carbon allowances.</p><p>The agreement, which secures additional volumes of coal-indexed power, is in line with Centrica&#39;s strategy to ensure secure energy supplies for its customers and to diversify its fuel mix, further reducing its overall exposure to the gas price in the UK.</p><p>&mdash; WebWireID107178 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=CST">Architecture / Construction / Building</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MAC">Machinery</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/0xxKBTwFmcg" height="1" width="1"/>]]></content:encoded>
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     <title>Shell successful in South African offshore bid</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107177</link>
     <pubDate>Fri, 6 Nov 2009 09:40:32 EST</pubDate>
     <description><![CDATA[The South African Petroleum Authorities today confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country&#39;s west coast. Shell a...]]></description>
     <content:encoded><![CDATA[<p>The South African Petroleum Authorities today confirmed Royal Dutch Shell plc as the successful bidder for exploration rights in the Orange Basin deep-water area, off the country&#39;s west coast. Shell and the government will now negotiate the details of an exploration contract.</p><p>The exploration area covers approximately 37,000 square kilometres, about the size of the Netherlands. It is located in water between 500 metres and 4,000 metres deep and has so far seen limited exploration activity.</p><p>&#39;The Orange Basin offers an exciting frontier exploration opportunity to apply the deep water technical ability we have built up around the world over the past three decades,&#39; said Ceri Powell, Executive Vice President International Exploration.</p><p>Shell has been active in retail in South Africa since 1904 and in refining since 1963. This is the first time Shell will be involved in exploring for oil and gas in South Africa.<br />Download</p><p>    * Map - acreage on offer in the West Coast of South Africa (PDF, 165 KB) - opens in new window: <a href="http://www-static.shell.com/static/media/downloads/press/orange_basin_map.pdf" target="_blank">http://www-static.shell.com/static/media/downloads/press/orange_basin_map.pdf</a></p><p>Notes to editors</p><p>Royal Dutch Shell plc is a leading global energy company whose subsidiaries employ 102,000 people and operate in more than 100 countries and territories. Shell engages in the exploration and production of oil and natural gas, the refining and marketing of transportation fuels and other oil products, the production of chemicals and the development of renewable energy. For more information, see <a href="http://www.shell.com/aboutshell" target="_blank">www.shell.com/aboutshell</a>.<br />Cautionary note</p><p>The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this press release &#39;Shell&#39;, &#39;Shell group&#39; and &#39;Royal Dutch Shell&#39; are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words &#39;we&#39;, &#39;us&#39; and &#39;our&#39; are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. &#39;&#39;Subsidiaries&#39;&#39;, &#39;Shell subsidiaries&#39; and &#39;Shell companies&#39; as used in this press release refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as &#39;associated companies&#39; or &#39;associates&#39; and companies in which Shell has joint control are referred to as &#39;jointly controlled entities&#39;. In this press release, associates and jointly controlled entities are also referred to as &#39;equity-accounted investments&#39;. The term &#39;Shell interest&#39; is used for convenience to indicate the direct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.</p><p>This press release contains forward-looking statements concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management&#39;s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management&#39;s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as &#39;&#39;anticipate&#39;&#39;, &#39;&#39;believe&#39;&#39;, &#39;&#39;could&#39;&#39;, &#39;&#39;estimate&#39;&#39;, &#39;&#39;expect&#39;&#39;, &#39;&#39;intend&#39;&#39;, &#39;&#39;may&#39;&#39;, &#39;&#39;plan&#39;&#39;, &#39;&#39;objectives&#39;&#39;, &#39;&#39;outlook&#39;&#39;, &#39;&#39;probably&#39;&#39;, &#39;&#39;project&#39;&#39;, &#39;&#39;will&#39;&#39;, &#39;&#39;seek&#39;&#39;, &#39;&#39;target&#39;&#39;, &#39;&#39;risks&#39;&#39;, &#39;&#39;goals&#39;&#39;, &#39;&#39;should&#39;&#39; and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group&#39;s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results are contained in Royal Dutch Shell&#39;s 20-F for the year ended December 31, 2008 (available at <a href="http://www.shell.com/investor" target="_blank">www.shell.com/investor</a> and <a href="http://www.sec.gov" target="_blank">www.sec.gov</a> - opens in new window). These factors also should be considered by the reader.  Each forward-looking statement speaks only as of the date of this press release, 5 November 2009. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.</p><p>The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.  We use certain terms in this press release that SEC&#39;s guidelines strictly prohibit us from including in filings with the SEC.  U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website <a href="http://www.sec.gov" target="_blank">www.sec.gov</a> - opens in new window. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.</p><p>&mdash; WebWireID107177 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/IeQL1M_4_jA" height="1" width="1"/>]]></content:encoded>
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     <title>The Duke Energy/CSX Holiday Train Celebrates 64 Years</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=107068</link>
     <pubDate>Wed, 4 Nov 2009 12:09:39 EST</pubDate>
     <description><![CDATA[CINCINNATI - Since 1946, more than 9 million people have visited Duke Energy&#39;s lobby at Fourth and Main streets to see one of the world&#39;s largest model train displays. -   -  Many adults who once visited ...]]></description>
     <content:encoded><![CDATA[<p>CINCINNATI - Since 1946, more than 9 million people have visited Duke Energy&#39;s lobby at Fourth and Main streets to see one of the world&#39;s largest model train displays.</p><p>Many adults who once visited the train as children now bring their children and grandchildren to experience the wonder of the display. The Duke Energy/CSX Holiday Model Train Display has truly become an annual Cincinnati tradition for many families. </p><p>The theme of this year&#39;s display is Dreaming of Sugar Plums, Lollipops and Gingerbread. The centerpiece is a curved bridge, decorated with cookies, candy canes and many other sweet treats. On one end there is a cookie bakery with an extra large chimney. Surrounding the bridge are snow-laden trees and dozens of elves and gnomes decorate the area.</p><p>Kickoff of the exhibit historically begins on the day after Thanksgiving. To meet that date this year, the assembly and testing of the display has already begun. A small group of Duke Energy employees and retirees spend hundreds of hours throughout the year handcrafting replacement parts and adding to the collection of miniature buildings and structures. These volunteers keep the display running through the holidays until the end of December.</p><p>Those Marvelous Miniature Trains<br />As you watch the miniature trains travel by, you&#39;ll discover almost every variety of railroad car that ever traveled our country&#39;s railways. You&#39;ll see many kinds of powerful locomotives, ranging from the vintage steam-driven models to the more modern diesel-powered streamliners. There are pint-sized passenger trains featuring coach cars, dining cars with tiny tables and chairs, Pullman cars complete with bunks, dome-topped observation cars, baggage cars and postal cars for carrying the U.S. Mail.</p><p>The display also features model freight trains with cars capable of carrying almost any cargo imaginable. There are box cars, flat cars, tank cars, low-sided open gondola cars, cattle cars, coal cars, piggy-back cars for hauling trucks, and of course, the ever-popular &#34;little red caboose.&#34;</p><p>As you compare the older cars to their more modern versions, you&#39;ll notice important changes in technology. The refrigerator cars, for example, range from the more primitive models that kept perishables cold with giant blocks of ice, to newer models with built-in refrigeration systems.</p><p>To spot one of the work trains, look for the &#34;big hook&#34; car with its large crane.  Responsible for railroad maintenance and emergency runs, the work trains even include camp cars with sleeping and cooking facilities for the hard-working crew.</p><p>Little Buildings by the Train Tracks<br />Most of the visitors will quickly recognize miniature homes, shops, factories and farm buildings in the model railroad countryside. But, unless you&#39;re familiar with railroad operations, you may not recognize some of the important buildings and structures that are typically found along the railroad right-of-way. Section houses, which are living quarters with tool sheds, function as work locations for railroad crews known as section gangs, responsible for maintenance on specific sections of track.</p><p>To keep steam-powered locomotives rolling, it takes a lot of coal to fire the boiler and plenty of water to produce the steam. So, all along the railroad, you&#39;ll see miniature coal tipples &#8211; the coal storage stations with chutes for filling the locomotive&#39;s coal tender &#8211; as well as numerous water tanks.</p><p>The sand bins serve an important purpose, too, providing trains with sand to be dumped along the track for traction when the rails get wet or icy.</p><p>At the railroad terminal, centrally located to serve both the passenger terminal and the freight yards, you&#39;ll see additional coal, water and sand facilities as well as the large roundhouse and turntable. The roundhouse functions as a service garage for locomotives. Within the roundhouse, flues are cleaned, equipment is checked and the train is prepared for its next run. The turntable swings the iron horses around, sending them out on the proper track for their next journey.</p><p>Railroad stations, or depots, are also found all along the route &#8211; varying in size and scope depending on the size of the town. These are, of course, where passengers boarded the trains and where they met their family and friends when they reached their destination.</p><p>What This Miniature World Offers<br />This tradition began in partnership with the Baltimore &#38; Ohio (B&#38;O) Railroad. Having been chartered in 1827, the B&#38;O Railroad is often called the &#39;father of American railroads&#39; as the first U.S. railroad for the transportation of passengers and freight. During the early years, the B&#38;O model trains represented exactly what was traveling the real tracks. Every time the B&#38;O took an older locomotive out of service or added a new car to its system, a miniature reproduction was removed or added to the model. Then, in the 1950s, B&#38;O made the decision to bring back some of the retired models for their historical value. So, today, you see early steam locomotives operating on the same tracks with the more modern diesel engines.</p><p>Like the real thing, B&#38;O models were built to last. Always handmade, sometimes from the same materials as their life-size prototypes, the models were hand-painted and hand-lettered with authentic railroad paints. The miniature B&#38;O trains are faithful reproductions of the real trains down to the smallest details.</p><p>This train display simulates the Cumberland (Maryland) Division of the old B&#38;O, still part of the route traveled by today&#39;s CSX Transportation. That&#39;s where the main Northwest and Southwest lines, from Chicago and from St. Louis, come together.   While the display doesn&#39;t represent any particular point on the line or any specific part of the Maryland countryside, it is designed to demonstrate a variety of actual train operations in a landscape typical of the Cumberland region. The elevated area simulates the &#34;Magnolia Cutoff&#34; which is known as the &#34;High Line&#34; and is used exclusively for freight service.</p><p>Location, Dates and Hours of Operation, and Website<br />The Duke Energy building is located on the southwest corner of Fourth and Main streets in Downtown Cincinnati. Access to downtown is available via either Interstate 71 or Interstate 75.</p><p>The train display runs from Friday, Nov. 27, through Thursday, Dec. 31. Normal hours of operation are 10 a.m. to 6 p.m. Monday through Saturday, and noon to 5 p.m. on Sundays. (Closed Christmas day.)</p><p>More information about the holiday model train display is available on the Duke Energy website at <a href="http://www.duke-energy.com/train/" target="_blank">www.duke-energy.com/train/</a>.<br />Digital (JPEG format, 200 ppi) publication quality photographs of last year&#39;s model train display are also available on the website at: <a href="http://www.duke-energy.com/community/programs/news-quality-photos.asp" target="_blank">http://www.duke-energy.com/community/programs/news-quality-photos.asp</a><br />Duke Energy&#39;s Ohio operations deliver safe, reliable and competitively priced electricity to approximately 680,000 electric customers and natural gas service to approximately 420,000 customers.</p><p>Duke Energy, one of the largest electric power companies in the United States, supplies and delivers electricity to approximately 4 million U.S. customers in its regulated jurisdictions. The company has approximately 35,000 megawatts of electric generating capacity in the Midwest and the Carolinas, and natural gas distribution services in Ohio and Kentucky. In addition, Duke Energy has more than 4,000 megawatts of electric generation in Latin America, and is a joint-venture partner in a U.S. real estate company.</p><p>Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: <a href="http://www.duke-energy.com" target="_blank">www.duke-energy.com</a>.</p><p>Duke Energy Holiday Model Train Display Fact Sheet</p><p>    * The first year of the display was in 1946.<br />    * The display is one of the largest portable models in the world, measures 36½ feet by 47½ feet. <br />    * The Duke Energy building is located on the southwest corner of Fourth and Main streets (139 East Fourth Street) in Downtown Cincinnati. Access to downtown is available via either Interstate 71 or Interstate 75.<br />    * Hours of Operation - The train display operates Friday, Nov. 27, through Thursday, Dec. 31. Normal hours of operation are 10 a.m. to 6 p.m. Monday through Saturday, and noon to 5 p.m. on Sundays. (Closed Christmas day.)<br />    * Last year, the model train display had more than 300,000 visitors and 39 countries from around the world.<br />    * The trains are authentic &#39;O&#39; gauge in which a quarter inch on the model is equivalent to one foot on a real train; rail cars, tracks and buildings are 1/48th actual size. <br />    * The Duke Energy display includes approximately 300 train cars and 50 locomotives on 1,000 feet of track.<br />    * During the holiday season, the trains will travel more than 100,000 scale miles.<br />    * While these trains may seem to travel slowly, they are traveling at actual scale speed. The basic three-track loop is 1/48th of a mile around, representing a full mile of real track. If a model train travels that loop in one minute, it is traveling at 60 miles per hour &#8211; not at all slow for a real train.<br />    * This holiday tradition began in 1946 in partnership with the Baltimore &#38; Ohio (B&#38;O) Railroad. (Having been chartered in 1827 as the first U.S. railroad for the public transportation of passengers and freight, the B&#38;O Railroad is often called the &#34;father of American railroads.&#34;) <br />    * In 1936, the B&#38;O Railroad introduced its first model railroad. That original model, with its three main loops, its locomotives and cars, is just part of Duke Energy lobby display.<br />    * The portable model grew, as the railroad grew, through the 40s, the 50s and into the 60s.<br />    * More information about the holiday model train display is available on the Duke Energy website at <a href="http://www.duke-energy.com/train/" target="_blank">www.duke-energy.com/train/</a>.</p><p>&mdash; WebWireID107068 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=AUT">Automotive</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=TRN">Transportation / Shipping</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/aYDf4YO_x-0" height="1" width="1"/>]]></content:encoded>
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     <title>AEP Sets 2010 Ongoing Earnings Guidance, Capital Expenditures Budget Formation of a transmission company planned as part of grid strategy</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106951</link>
     <pubDate>Tue, 3 Nov 2009 11:51:44 EST</pubDate>
     <description><![CDATA[COLUMBUS, Ohio. &#8211; American Electric Power (NYSE: AEP) has set its ongoing earnings guidance range and capital expenditures budget for 2010. AEP will also form a transmission company as part of its str...]]></description>
     <content:encoded><![CDATA[<p>COLUMBUS, Ohio. &#8211; American Electric Power (<a href="http://finance.google.com/finance?q=AEP" target="_blank">NYSE: AEP</a>) has set its ongoing earnings guidance range and capital expenditures budget for 2010. AEP will also form a transmission company as part of its strategy to pursue transmission investment opportunities in AEP&#39;s traditional footprint.</p><p>AEP management will be discussing the company&#39;s financial outlook and strategic direction during meetings with investors at the annual Edison Electric Institute Financial Conference that begins today in Hollywood, Fla.</p><p>AEP anticipates that 2010 ongoing earnings will be between $2.80 and $3.20 per share. Ongoing earnings guidance for 2009, which reflects last week&#39;s upside adjustment, remains at $2.90 to $3.05 per share. Ongoing earnings represent earnings from continuing operations, which exclude special or one-time items included in the earnings prepared in accordance with generally accepted accounting principles.</p><p>&#39;Our earnings projections for 2010 are driven by new rate recovery activity underway in several jurisdictions across our service territories, an expected increase in off-system sales of electricity as that market improves after a weak year in 2009, and a general increase in retail load,&#39; said Michael G. Morris, AEP&#39;s chairman, president and chief executive officer.</p><p>AEP projects that capital expenditures for utility operations will decrease to $1.993 billion in 2010 from the estimated $2.466 billion in 2009, reflecting AEP&#39;s conservative approach for near-term capital expenditures.</p><p>AEP will form a transmission company, or Transco, to pursue new transmission opportunities within the company&#39;s existing 11-state footprint, a key component in a three-part national transmission strategy. AEP has existing and planned transmission projects in the Electric Reliability Council of Texas (ERCOT) through its Electric Transmission Texas joint venture with MidAmerican Energy Holdings Company. AEP is also pursuing transmission projects outside its footprint and outside ERCOT through joint ventures with numerous other companies, including Electric Transmission America, AEP&#39;s broader partnership with MidAmerican.</p><p>&#39;The Transco will be our vehicle for much of AEP&#39;s future on-system, wholly-owned transmission investment,&#39; Morris said. &#39;These investments will include a wide range of on-system transmission improvements, things like greenfield projects, station additions and system upgrades. Pursuing these activities in a Transco, with formula rates adjusted annually by the Federal Energy Regulatory Commission (FERC), benefits customers by enhancing AEP&#39;s access to capital. This enables the company to undertake substantial new investment while relieving our operating company balance sheets of the burden of meeting those capital demands, thereby allowing them to put capital to work on distribution and generation needs.&#39;</p><p>AEP expects to invest $118 million in Transco activities in 2010.</p><p>&#39;We are seeking state utility status for the Transco in states where that designation is required, and we will join both PJM and Southwest Power Pool as a transmission owner,&#39; Morris said. &#39;We plan to file a FERC tariff for the Transco later this year, with rates effective in mid-2010.&#39;</p><p></p><p>&mdash; WebWireID106951 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/3NffR4--fbY" height="1" width="1"/>]]></content:encoded>
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     <title>BP and CNPC to Develop Iraq's Super-Giant Rumaila Field</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106935</link>
     <pubDate>Tue, 3 Nov 2009 09:37:00 EST</pubDate>
     <description><![CDATA[BP, and China National Petroleum Corporation (CNPC), announced today that they have signed a technical service contract with Iraq&#39;s state-owned South Oil Company (SOC) to expand production from the Ru...]]></description>
     <content:encoded><![CDATA[<p>BP, and China National Petroleum Corporation (CNPC), announced today that they have signed a technical service contract with Iraq&#39;s state-owned South Oil Company (SOC) to expand production from the Rumaila oilfield, near Basra in southern Iraq</p><p>The signing follows BP&#39;s successful bid for the contract with CNPC in Baghdad in June.</p><p>The consortium led by BP (38 per cent) with partners CNPC (37 per cent) and the Iraq government&#39;s representative State Oil Marketing Organisation (SOMO - 25 per cent), has agreed to nearly triple the Rumaila field&#39;s output to almost 3 million barrels of oil a day (b/d), which would make it the world&#39;s second largest producing oilfield.</p><p>BP and CNPC plan to invest approximately $15 billion in cash over the 20 year lifetime of the contract with the intention of increasing plateau production to 2.85 million b/d in the second half of the next decade. Once production has been raised by 10 per cent from its current level of about 1 million b/d, costs will start to be recovered, and fees of $2 a barrel earned on the incremental oil production.</p><p>&#34;We are pleased to have this opportunity to work with the people of Iraq to develop one of the world&#39;s great oilfields and we see this as the beginning of a long-term relationship with Iraq,&#34; said BP&#39;s chief executive Tony Hayward.</p><p>&#34;We are also pleased to have the opportunity to help Iraq rebuild its economy after years of war and sanctions. The investment in Rumaila will support Iraq in achieving its ambition of becoming a major player in global oil markets once again and will catalyze training and development opportunities for the many thousands of Iraqi workers on Rumaila,&#34; Hayward added.</p><p>The Rumaila Field Operating Organisation (ROO) will manage the rehabilitation and expansion project. ROO will be staffed mainly by employees from South Oil Company and will contain a small number of technical experts and managers from BP and CNPC.</p><p>BP has already gained information about the Rumaila field through a three year memorandum of understanding to provide technical assistance from 2005 and historically has knowledge of the field&#39;s geology dating back to discovery in 1953.</p><p>BP and its partners intend to use their reservoir management expertise to boost recovery and increase production from the Rumaila field, focussing initially on waterflood and gas reinjection optimization.</p><p>&mdash; WebWireID106935 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MNG">Mining / Metals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/VougtwqjUy4" height="1" width="1"/>]]></content:encoded>
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     <title>Qatar: Long-term supply agreement signed with Oryx GTL</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106856</link>
     <pubDate>Mon, 2 Nov 2009 09:02:51 EST</pubDate>
     <description><![CDATA[GASAL Q.S.C., Air Liquide&#39;s subsidiary in Qatar, will invest US$70 million (more than &#8364;47 million) in a new oxygen and nitrogen production unit. -   -  Gas-to-liquid technology, which consists of converti...]]></description>
     <content:encoded><![CDATA[<p>GASAL Q.S.C., Air Liquide&#39;s subsidiary in Qatar, will invest US$70 million (more than &#8364;47 million) in a new oxygen and nitrogen production unit.</p><p>Gas-to-liquid technology, which consists of converting natural gas into liquid fuels, is an attractive option for making the most of abundant gas reserves. This technology produces a fuel that has the high energy efficiency of diesel while producing less pollution.</p><p>Oryx GTL is a SASOL / Qatar Petroleum joint venture that produces clean diesel, naphtha and LPG. Its first commercial gas-to-liquids (GTL) unit located in Ras Laffan, Qatar, is the largest GTL unit in service in the world. GTL production capacity is rapidly increasing in Qatar thanks to the North Field, the world&#39;s biggest reserve of natural gas.</p><p>Oryx GTL and GASAL Q.S.C., Air Liquide&#39;s subsidiary in Qatar, have signed a long-term oxygen supply agreement after Oryx GTL decided to increase its production capacity. GASAL will invest US$70 million (more than &#8364;47 million) in a new oxygen and nitrogen production unit with a capacity of 750 tonnes of oxygen per day.</p><p>The new unit, designed and built by Air Liquide Engineering, will be commissioned at the end of 2010. It will further reinforce GASAL&#39;s industrial gas production asset base in Ras Laffan Industrial City. GASAL will then have two production sites in this key industrial basin, thanks to the successful start-up earlier this year of a nitrogen unit for Ras Laffan Olefin Company.</p><p>Besides, the new GASAL unit will be the base for gaseous nitrogen supply to GASAL&#39;s nitrogen pipeline network currently under construction in Ras Laffan. The total production capacity of nitrogen available in the network will be more than 1,500 tonnes per day. This ASU will also produce liquid gases which will serve as a reliable source for other customers in Qatar and in neighboring countries.</p><p>Pierre Dufour, Senior Executive Vice-President of the Air Liquide Group, responsible for the Middle East Region, commented: &#39;With this new, large scale project in Qatar, Air Liquide is proud to be the selected outsourcing partner of Oryx GTL through its subsidiary GASAL. We will be able to support the growing needs of our long-term customer Sasol and of our partner Qatar Petroleum. It is a further illustration of Air Liquide&#39;s commitment to the development of emerging economies, one of the Group&#39;s growth drivers.&#39;</p><p>&mdash; WebWireID106856 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MNG">Mining / Metals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/DLysNmv0_zI" height="1" width="1"/>]]></content:encoded>
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     <title>Comparison service challenges householders to be 'greener than Google'</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106787</link>
     <pubDate>Fri, 30 Oct 2009 11:48:50 EST</pubDate>
     <description><![CDATA[Computer-based monitoring tool should be just the start of our efforts to cut energy use -   -  Friday October 30, 2009 &#8211; A big fanfare greeted news this week that internet giant Google was looking to inc...]]></description>
     <content:encoded><![CDATA[<p>Computer-based monitoring tool should be just the start of our efforts to cut energy use</p><p>Friday October 30, 2009 &#8211; A big fanfare greeted news this week that internet giant Google was looking to increase its &#39;green&#39; credentials by offering customers a way of monitoring their energy use in &#39;real time&#39;.</p><p>And while this is a great way for householders to monitor their energy consumption with a view to cutting it, home improvement comparison service LocalQuoter says it should be just part of consumers&#39; armoury alongside a range of other money-saving tactics which it can help people adopt.</p><p>&#39;Realising how much energy your house is consuming in &#39;real time&#39;, as Google&#39;s new service allows people to do, is sure to be a wake-up call for many cost-conscious householders,&#39; said Les Yates of LocalQuoter.</p><p>&#39;Many people may not realise that they are losing an average of &#163;135 a year* if their windows are not up to the latest energy-efficient standards,&#39; Yates added.</p><p>&#39;The key to achieving savings which make a real difference lies in then acting on this information, and taking steps which can make a long-term, lasting difference to a home&#39;s energy consumption levels.&#39;</p><p>And this means having a home which has energy efficiency built into it, in the form of the latest double glazing, fitted to the highest standard, and using the latest types of energy-efficient glass.</p><p>That&#39;s where LocalQuoter comes into its own. By using <a href="http://www.localquoter.net" target="_blank">www.localquoter.net</a>, householders can get a double glazing quote from the pick of a carefully-chosen list of companies operating in their area.</p><p>The companies used by LocalQuoter are all specificially chosen for their reliability and quality of work, based on feedback provided by their customers, so using LocalQuoter guarantees that householders will be put in touch with an established, reputable company with a good reputation to uphold.</p><p>That means customers get full guarantees on the products, and on the quality of the work carried out &#8211; an especially important factor given the recent news that energy bills will continue to rise, to help us pay for the building and commissioning of new, more efficient and less polluting energy sources.</p><p>&#39;When we are all being told that we should expect energy prices to rise by well above inflation in the coming years to help pay for making the country&#39;s energy production more efficient, the time to start seriously looking at cutting our energy costs is now,&#39; Yates said.</p><p>&#39;The Green Party has also recently installed double glazing at its headquarters, and this has produced massive savings in both costs and CO2 emissions. This shows the direction we should all be taking to help ensure that our energy supplies remain secure for the foreseeable future &#8211; and we at LocalQuoter are ready to help anyone looking to make their home more energy-efficient, and reduce the impact of those looming higher bills.&#39;</p><p>NOTES TO EDITORS:</p><p>*According to the Energy Saving Trust, Energy Saving Recommended double glazing can cut heat lost through windows by half, as well as saving around &#163;135 a year on the average heating bill.<br /></p><p>&mdash; WebWireID106787 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=COS">Commercial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/NBTgTnvDXpc" height="1" width="1"/>]]></content:encoded>
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     <title>Chevron Reports Third Quarter Net Income of $3.83 Billion, Down 51 Percent From $7.89 Billion in Third Quarter 2008</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106789</link>
     <pubDate>Fri, 30 Oct 2009 11:20:00 EST</pubDate>
     <description><![CDATA[* Upstream earnings of $3.64 billion decline 41 percent on lower prices for crude oil and natural gas -      * Net oil-equivalent production increases nearly 11 percent from year ago due mainly to ramp-...]]></description>
     <content:encoded><![CDATA[<p>* Upstream earnings of $3.64 billion decline 41 percent on lower prices for crude oil and natural gas<br />    * Net oil-equivalent production increases nearly 11 percent from year ago due mainly to ramp-up of new projects<br />    * Downstream earnings of $194 million fall 89 percent on weak refined-product margins</p><p>SAN RAMON, Calif. - Chevron Corporation (<a href="http://finance.google.com/finance?q=CVX" target="_blank">NYSE: CVX</a>) today reported earnings of $3.83 billion ($1.92 per share - diluted) for the third quarter 2009, compared with $7.89 billion ($3.85 per share - diluted) in the 2008 third quarter. Earnings in the 2009 period included gains of approximately $400 million ($0.20 per share) from asset sales and tax items. Foreign-currency effects reduced earnings in the 2009 quarter by $170 million, compared with a benefit to income of $303 million a year earlier.</p><p>For the first nine months of 2009, earnings were $7.41 billion ($3.71 per share - diluted), down 61 percent from $19.04 billion ($9.23 per share - diluted) in the first nine months of 2008.</p><p>Read the Entire Press Release (111 KB): <a href="http://www.chevron.com/documents/pdf/earnings_30october2009.pdf" target="_blank">http://www.chevron.com/documents/pdf/earnings_30october2009.pdf</a></p><p>NOTICE</p><p>Chevron&#39;s discussion of third quarter 2009 earnings with security analysts will take place on Friday, October 30, 2009, at 8:00 a.m. PDT. A webcast of the meeting will be available in a listen-only mode to individual investors, media, and other interested parties on Chevron&#39;s Web site at <a href="http://www.chevron.com" target="_blank">www.chevron.com</a> under the &#34;Investors&#34; section. Additional financial and operating information will be contained in the Earnings Supplement that will be available under &#34;Events and Presentations&#34; in the &#34;Investors&#34; section on the Web site.</p><p>Chevron will post selected fourth quarter 2009 interim performance data for the company and industry on its Web site on Monday, January 11, 2010, at 2:00 p.m. PST. Interested parties may view this interim data at <a href="http://www.chevron.com" target="_blank">www.chevron.com</a> under the &#34;Investors&#34; section.</p><p>CAUTIONARY STATEMENT RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF &#34;SAFE HARBOR&#34; PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995</p><p>This press release contains forward-looking statements relating to Chevron&#39;s operations that are based on management&#39;s current expectations, estimates and projections about the petroleum, chemicals, and other energy-related industries. Words such as &#34;anticipates,&#34; &#34;expects,&#34; &#34;intends,&#34; &#34;plans,&#34; &#34;targets,&#34; &#34;projects,&#34; &#34;believes,&#34; &#34;seeks,&#34; &#34;schedules,&#34; &#34;estimates,&#34; &#34;budgets&#34; and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond the company&#39;s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.</p><p>Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are crude-oil and natural-gas prices; refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude-oil liftings, the competitiveness of alternate-energy sources or product substitutes; technological developments; the results of operations and financial condition of equity affiliates; the inability or failure of the company&#39;s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude-oil and natural-gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company&#39;s net production or manufacturing facilities or delivery/transportation networks due to war, accidents, political events, civil unrest, severe weather or crude-oil production quotas that might be imposed by the Organization of Petroleum Exporting Countries (OPEC); the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant investment or product changes under existing or future environmental statutes, regulations and litigation; the potential liability resulting from pending or future litigation; the company&#39;s acquisition or disposition of assets; gains and losses from asset dispositions or impairments; government-mandated sales, divestitures, recapitalizations, industry-specific taxes, changes in fiscal terms or restrictions on scope of company operations; foreign-currency movements compared with the U.S. dollar; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; and the factors set forth under the heading &#34;Risk Factors&#34; on pages 30 and 31 of the company&#39;s 2008 Annual Report on Form 10-K. In addition, such statements could be affected by general domestic and international economic and political conditions. Unpredictable or unknown factors not discussed in this press release could also have material adverse effects on forward-looking statements.</p><p>&mdash; WebWireID106789 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MFD">Financial Markets</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MNG">Mining / Metals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/MoaWGgHqIfg" height="1" width="1"/>]]></content:encoded>
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     <title>Duke Energy Declares War on Vampires</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106737</link>
     <pubDate>Thu, 29 Oct 2009 12:14:25 EST</pubDate>
     <description><![CDATA[CHARLOTTE, N.C. - This Halloween, Duke Energy is declaring war on energy vampires &#8211; household electronics, gadgets and tools that sap electricity and cause power bills to rise. -   -  Devices that draw va...]]></description>
     <content:encoded><![CDATA[<p>CHARLOTTE, N.C. - This Halloween, Duke Energy is declaring war on energy vampires &#8211; household electronics, gadgets and tools that sap electricity and cause power bills to rise.</p><p>Devices that draw vampire energy, also known as &#39;phantom&#39; or &#39;stand-by&#39; energy, can account for as much as 20 percent of a home&#39;s power use, according to some studies. The most common culprits: plug-in adapters for rechargeable, battery-powered electronics such as cell phones, cordless phones, digital music players, power tools, electric toothbrushes and other similar devices.</p><p>Most of these adapters consume energy whenever they are plugged into an outlet, even if the device is not connected. Appliances and electronic equipment with stand-by capability also use electricity when they are not in use; flat-panel televisions and digital video recorders are examples.</p><p>The U.S. Environmental Protection Agency estimates that the average U.S. household spends $100 per year to power devices while they are supposedly off or in stand-by mode. This vampire power collectively adds up to more than $10 billion in annual energy costs.</p><p>As Halloween approaches, Duke Energy offers the following tips to combat energy vampires:</p><p>    * Wait until nightfall, then turn off the lights in your home and look for the eyes that glow. The eerie stand-by lights on devices such as cable boxes, LCD televisions and cell phone chargers are tell-tale signs that you&#39;re falling victim to energy vampires. (Keep in mind that some devices may need to be on 24-7 in order to function as intended.)<br />    * Unplug devices that are not in use, especially adapters for battery-powered devices that are already fully charged or not connected.<br />    * Equip yourself with power strips or surge suppressors. Plugging appliances and other electronic equipment into these units make it easy to turn the power off with a single switch. (Surge suppressors will also protect your valuable electronics during storms.)<br />    * Look for electronic devices and appliances with the Energy Star&#174; label because they use less electricity when in use and during stand-by mode.</p><p>Duke Energy provides energy and cost-saving tips, videos and online tools on its Web site at <a href="http://www.duke-energy.com/" target="_blank">http://www.duke-energy.com/</a>. Additional information is also available on the U.S. Department of Energy Web site at <a href="http://www.energy.gov/energytips.htm" target="_blank">http://www.energy.gov/energytips.htm</a>.</p><p>&mdash; WebWireID106737 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/sODKEqaVhTE" height="1" width="1"/>]]></content:encoded>
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     <title>Centrica to invest £725 million to build 270MW offshore wind farm and also announces equity partner and refinancing of existing wind portfolio</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106592</link>
     <pubDate>Wed, 28 Oct 2009 09:54:05 EST</pubDate>
     <description><![CDATA[Centrica plc, the parent company of British Gas, today announced that its 270 megawatt (MW) Lincs offshore wind project has received final investment approval, and that construction is expected to beg...]]></description>
     <content:encoded><![CDATA[<p>Centrica plc, the parent company of British Gas, today announced that its 270 megawatt (MW) Lincs offshore wind project has received final investment approval, and that construction is expected to begin in 2010.</p><p>Lincs will be situated eight kilometres off the coast of Skegness next to Centrica&#39;s existing wind farm developments at Lynn and Inner Dowsing and will comprise of 75 3.6MW Siemens turbines. Investment in this project is expected to total approximately &#163;725 million and the wind farm should start generating power towards the end of 2012. When Lincs is completed, Centrica will have equity interests in operating renewable energy projects with an installed capacity of 650MW.</p><p>Under current UK Government proposals, Lincs will attract two Renewable Obligation Certificates (ROCs) for every megawatt hour (MWh) produced, following the UK Government&#39;s decision in April to enhance the level of support provided for new offshore wind projects.</p><p>Centrica also announced that it has agreed the sale of a 50 per cent equity stake in its Lynn, Inner Dowsing and Glens of Foudland wind farms to the US-based investment management company TCW for a cash consideration of &#163;84 million, and entered into agreements to raise approximately &#163;340 million of non-recourse project finance facilities from a consortium of banks for these assets. The transactions value the wind farms at approximately &#163;460 million in aggregate.  Profit on disposal of this 50 per cent equity stake will be around &#163;50 million. Reported operating profit in the year ended 31 December 2008 from these wind assets was &#163;17 million, however, the Lynn and Inner Dowsing wind farms were not fully commissioned until December 2008.</p><p>Centrica is also entering into a joint venture agreement with TCW to govern their ongoing relationship as co-owners of the Lynn, Inner Dowsing and Glens of Foudland wind farms.  The agreement contains customary rights for each party to acquire the other party&#39;s shares in the joint venture company at fair market value following a material default by, or on the insolvency of, the other party.</p><p>Through its subsidiary British Gas Trading Ltd, Centrica will also enter into a 15-year Power Purchase Agreement (PPA) to off-take all the electricity production together with 50 per cent of the ROCs generated by the three refinanced wind farms.</p><p>Financial close on the non-recourse project finance facilities is expected to occur in November 2009 and the equity sale is expected to close before year end, conditional on receipt of European Community Merger Regulation (ECMR) approvals.</p><p>Sam Laidlaw, Chief Executive of Centrica, said: &#34;Our decision to build Lincs illustrates our continued commitment to develop renewable generation and confirms our position as one of the UK leaders in green energy. The Government&#39;s enhanced financial framework for offshore wind has been fundamental in improving the overall project economics of this development.</p><p>&#39;The refinancing and equity sale of part of our existing wind portfolio underlines the quality of the operational assets and creates a structure for recycling Centrica&#39;s capital and mobilising third party funds efficiently. This is a milestone in our renewables strategy and we look forward to working together with TCW who bring significant global expertise in energy investments.&#39;</p><p>Notes to Editors</p><p>   1. Lincs wind farm will be capable of generating electricity for around 200,000 British Gas customers. Centrica has also submitted planning consent applications for the Docking Shoal wind farm (540MW, submitted in December 2008) and the Race Bank wind farm (640MW, submitted in January 2009), both situated in the Greater Wash area.<br />   2. Lincs has planning consent for 250MW with a proposed additional 20MW to be constructed in the footprint of the Lynn and Inner Dowsing wind farm development but connected to the Lincs transmission.<br />   3. The wind farms included in the refinancing are currently wholly owned by Centrica:  the Lynn and Inner Dowsing offshore wind farms (each  with 97 MW installed capacity with combined maximum grid export capacity of 180 MW) and the Glens of Foudland onshore wind farm (26 MW). These wind farms are owned by Centrica&#39;s subsidiary GLID Wind Farms Topco Ltd.<br />   4. TCW is a subsidiary of Société Générale Asset Management, which has approximately $400 billion under management. TCW is making the investment in GLID Wind Farms Topco Ltd through two of the investment funds it manages: the US$2.6 billion TCW Energy Fund XIV and the &#8364;354 million TCW European Clean Energy Fund.<br />   5. The following lenders form the consortium of banks providing debt finance to GLID Wind Farms Topco Ltd; Bank of Ireland, Bank of Tokyo-Mitsubishi UFJ, Bayern LB, BBVA, BNP Paribas Fortis, Calyon, Dexia, HSBC Bank plc, KfW IPEX Bank, Lloyds TSB Corporate Markets, National Australia Bank, NIBC Bank N.V., RaboBank, Santander<br />   6. Lincs is expected to be a transitional project for OFTO purposes, which means that the offshore transmission assets for this project will be built by Centrica and their cost will be recovered post construction through an auction process. Centrica expects the costs related to these assets to amount to approximately &#163;230 million, in addition to its own investment of approximately &#163;725m in the wind farm itself. The Lynn and Inner Dowsing wind farms are not subject to the Offshore Transmission Owner (OFTO) regime.<br />   7. Centrica was advised by Bank of Tokyo-Mitsubishi UFJ and Credit Suisse Securities (Europe) Limited in respect of the refinancing of the Lynn, Inner Dowsing and Glens of Foudland wind farms and the sale of an equity interest in GLID Wind Farms Topco Ltd. Slaughter &#38; May provided legal advice to Centrica. Linklaters provided legal advice to the consortium of banks.</p><p>&mdash; WebWireID106592 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=CST">Architecture / Construction / Building</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MAC">Machinery</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/1aBB7WWCw5U" height="1" width="1"/>]]></content:encoded>
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     <title> BPTT Begins Gas Production From Savonette</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106588</link>
     <pubDate>Wed, 28 Oct 2009 09:45:41 EST</pubDate>
     <description><![CDATA[BP Trinidad and Tobago (bpTT) today announced the start of natural gas production from the Savonette field, offshore Trinidad. -   -  Savonette is located in 290 feet (88 metres) of water approximately 50...]]></description>
     <content:encoded><![CDATA[<p>BP Trinidad and Tobago (bpTT) today announced the start of natural gas production from the Savonette field, offshore Trinidad.</p><p>Savonette is located in 290 feet (88 metres) of water approximately 50 miles off Trinidad&#39;s south east coast. BPTT holds a 100 per cent interest in the field.</p><p>Production from the platform is tied into bpTT&#39;s Mahogany B platform, via a 26-inch diameter 5.3 mile subsea pipeline, where the gas is processed and then exported into bpTT&#39;s existing infrastructure. Gas from Savonette will supply Atlantic LNG&#39;s liquefaction plant for export as LNG to international markets, as well as the domestic market.<br />With Savonette, bpTT now has production from 12 offshore platforms.</p><p>Production from Savonette is expected to average 600 million standard cubic feet per day of gas, plus associated condensate, from four wells. Savonette production will contribute to maintaining bpTT&#39;s total production level at more than 450,000 barrels of oil equivalent a day.</p><p>The Savonette platform, installed in February 2009, is the fourth in a series of normally unmanned installations designed and constructed locally in Trinidad using a standardized &#39;clone&#39; concept. The 1,898 tonne jacket and the 871 tonne topsides were built at the Trinidad Offshore Fabricators (TOFCO) yard in La Brea, south Trinidad.<br />BPTT&#39;s Chairman and CEO Robert Riley said: &#34;Since completing the Cannonball platform in 2005, in just four years bpTT has designed and constructed three further platforms right here in Trinidad and commenced production from each - Mango, Cashima and now Savonette. I am very proud of bpTT&#39;s sustained track record in managing projects of this magnitude and with such tight timelines - designing, constructing and producing from four platforms in four years is a great achievement.&#34;<br />The Savonette platform has high Trinidadian local content with some 30 per cent of its total engineering, procurement and construction value being spent in country and with T&#38;T nationals being responsible for 55 per cent of the project management hours and 98 per cent of total fabrication hours.</p><p>Savonette Project Manager Liz Mulliss noted: &#34;The project has progressed safely without any lost-time incidents. BPTT has now operated for just over 12 million manhours without a lost-time incident.&#34;</p><p>Notes to editors:<br />BPTT accounts for approximately 55 per cent of Trinidad and Tobago&#39;s hydrocarbon production and 11 per cent of BP&#39;s oil and gas production worldwide.</p><p>Facts on the Savonette platform:<br />Project sanctioned: 4 April 2008<br />Platform design: Clone of Cannonball, Mango and Cashima<br />Capacity: 1 billion cubic feet per day (bcfd) [standard clone design]<br />Peak production: 600 million scfd<br />Type of facility: Normally unmanned installation (NUI)<br />Tied into the existing Mahogany B platform<br />Project Partners: Engineering performed by Fluor Daniel South America Ltd and fabrication by Trinidad Offshore Fabricators Company (TOFCO) - both in Trinidad<br />Pipeline installation: June 2008<br />Jacket installation: September 2008<br />Topside installation: February 2009<br />First gas production: October 27 2009</p><p>&mdash; WebWireID106588 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MNG">Mining / Metals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/Oaqrs6Le6pA" height="1" width="1"/>]]></content:encoded>
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     <title>Empowering Alternative Renewable Energy from Disposable Waste (PINK:WTWO.PK)</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106507</link>
     <pubDate>Tue, 27 Oct 2009 11:38:24 EST</pubDate>
     <description><![CDATA[MiV Investments initiates an independent company profile on W2 Energy, Inc. (PINK:WTWO.PK), which looks to breakthrough within a $23B bio-fuel industry, as a successful alternative renewable energy co...]]></description>
     <content:encoded><![CDATA[<p>MiV Investments initiates an independent company profile on W2 Energy, Inc. (PINK:WTWO.PK), which looks to breakthrough within a $23B bio-fuel industry, as a successful alternative renewable energy company amongst worldwide rising oil and energy prices. </p><p>Since the dawn of technological advancements, the world has relied on the burning of fossil fuels in order to generate sufficiency and reliability for our energy needs. Most fossil fuels are formed from the remains of long-dead creatures and plants. Buried over the course of hundreds of millions of years, these carbon-based deposits have been converted by heat and pressure over time into such combustible substances as crude oil, coal, natural gas, oil shales and tar sands. </p><p>While this has proven to be a cost effective method within the short-run, at current rates, the world uses fossil fuels 100,000 times faster than they can form. The time for alternative renewable energy to emerge from its shackles as a viable and feasible source has long been overdue. </p><p>World oil demand is set to rise in 2010, as the price per barrel should see $80. Furthermore, the Minister for Natural Resources, Mines and Energy Stephen Robertson has been advised by the independent Queensland Competition Authority (QCA) of their decision to increase electricity prices by 11.82% for the 2009/10 financial year. </p><p>The reason oil prices would likely rise in early 2010, is due to the outlined production cuts by the OPEC crude producers&#39; cartel since last year. OPEC members, which pump 40 per cent of the world&#39;s oil, agreed in late 2008 to remove a massive 4.2 million barrels of daily output from the market as it sought to prop up crumbling prices. The cartel&#39;s official daily output quota has stood at 24.84 million barrels per day since January but analysts say that compliance with the cuts has slipped over recent months to less than 70 per cent. </p><p>Amongst these difficulties, lies the opportunities for W2 Energy, as it has the ability convert the syngas into hydrocarbon liquids (ultra low sulfer diesel, JP8 jet fuel, and/or gasoline). According to David Freund, Vice-President of Business Development, they have been developing this technology for over 9 years and now feel it is the optimal time to let it shine for the rest of the world to witness.</p><p>Currently, bio-fuels are capturing about $23 billion of the $1.3 trillion spent each year to power our cars, trucks, airplanes, trains and ships. That&#39;s just two percent of the market with an astounding 98 percent upside. One Brazilian company planning to spend $54 billion on this new fuel by 2010, estimating that the bio-fuel market is set to grow by an estimated 1000%.</p><p>The full special report on the company appears today at <a href="http://www.stockshaven.com/empowering-alternative-renewable-energy-from-disposable-wastes-pinkwtwo-pk/" target="_blank">http://www.stockshaven.com/empowering-alternative-renewable-energy-from-disposable-wastes-pinkwtwo-pk/</a></p><p>Disclosure: Long WTWO</p><p>To feature a publicly traded company in StocksHaven.com Alerts or as a fully profiled company, email us at <a href="&#109;&#97;&#105;&#108;&#116;&#111;:michaelvlaicu&#64;stockshaven.com">michaelvlaicu&#64;stockshaven.com</a> or visit <a href="http://www.stockshaven.com/ir_contract/" target="_blank">http://www.stockshaven.com/ir_contract/</a> for more info</p><p>###</p><p>About MiV Investments Inc.</p><p>MiV Investments Inc. can be found at StocksHaven.com. It is a company offering a news portal covering the world financial news and equities sector. It features its own blog, free level 2 quotes, two way linking capability, mass e-mail distribution alerts, stock research reports, conference calls, news feeds, mailing list,  videos, press release capability, stock commentaries, company reviews and other unique content including expert stock analysis from Michael Vlaicu. The company also offers Investor Relations contracting services.</p><p>For more financial and investment news, visit <a href="http://www.StocksHaven.com" target="_blank">www.StocksHaven.com</a></p><p>Certain sections of this report contain forward-looking statements that are based on our reporters&#39; expectations, estimates, projections and assumptions. Words such as &#34;expects,&#34; &#34;anticipates,&#34; &#34;plans,&#34; &#34;believes,&#34; &#34;scheduled,&#34; &#34;estimates&#34; and variations of these words and similar expressions are intended to identify forward-looking statements, which include but are not limited to projections of revenues, earnings, segment performance, cash flows, contract awards, FDA announcements, trial and drug approvals, and company stability. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors including but not limited to the status or outcome of legal and/or regulatory proceedings.</p><p>All forward-looking statements speak only as of the date of this report or, in the case of any document incorporated by reference, the date of that document. All subsequent written and oral forward-looking statements attributable to the company or any person acting on the company&#39;s behalf are qualified by the cautionary statements in this section. StocksHaven.Com on behalf of MiV Investments Inc. does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this report.</p><p>&mdash; WebWireID106507 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/Hlcx3N6CDVo" height="1" width="1"/>]]></content:encoded>
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     <title>Alstom wins contracts worth around &#x20ac;100 million to provide power generation equipment to the Middle East</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106518</link>
     <pubDate>Tue, 27 Oct 2009 11:16:22 EST</pubDate>
     <description><![CDATA[Alstom has recently won several contracts, worth approximately &#8364;100 million, in the Middle East in the field of power generation equipment. Notably, Alstom will supply key equipment to Korean contract...]]></description>
     <content:encoded><![CDATA[<p>Alstom has recently won several contracts, worth approximately &#8364;100 million, in the Middle East in the field of power generation equipment. Notably, Alstom will supply key equipment to Korean contractor Hanwha Engineering &#38; Construction for the new Samra III gas-fired power plant in the Kingdom of Jordan.</p><p>Alstom will design, deliver and supervise the installation of two GT13E2 gas turbines, generators and auxiliaries for the new gas-fired unit, which is located in the region of Al Hashemya and will be operated by Samra Electric Power Generating Company. Samra III will generate 285 MW, will meet all international environmental standards, and will have a 9% higher efficiency rate than the other existing simple cycle units. Upon completion of Samra III, the total capacity of the entire power plant will be approximately 900 MW, the largest electricity generation source in Jordan.</p><p>Facing a 10% annual growth of its energy consumption, the Kingdom of Jordan has to expand its present 2,300MW power generation fleet.</p><p>&#39;The contract marks the first ever installation of Alstom&#39;s GT13E2 turbines in the Kingdom of Jordan, chosen for their high power output and efficiency, as well as for Alstom&#39;s capacity for honouring demanding delivery deadlines,&#39; said Philippe Joubert, President of Alstom Power.</p><p>The GT13E2 turbine is well known in the Middle East and North Africa for its ability to operate in harsh climatic conditions and is widely used in Algeria, Bahrain, Iran, Kuwait, Libya, Oman, Qatar, the United Arab Emirates. This latest contract expands Alstom&#39;s fleet of GT13 in the Middle East and Africa to 62.</p><p>&mdash; WebWireID106518 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=CST">Architecture / Construction / Building</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MAC">Machinery</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=TRN">Transportation / Shipping</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/7LakQJgerxs" height="1" width="1"/>]]></content:encoded>
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     <title>The Linde Group to invest in largest air separation plant in India</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106513</link>
     <pubDate>Tue, 27 Oct 2009 10:55:50 EST</pubDate>
     <description><![CDATA[#          EUR 85 million investment is part of a long-term gas supply contract with Tata Steel -  #          Contract includes acquisition of Tata&#39;s captive air separation plants in Jamshedpur -    -  Muni...]]></description>
     <content:encoded><![CDATA[<p>#          EUR 85 million investment is part of a long-term gas supply contract with Tata Steel<br />#          Contract includes acquisition of Tata&#39;s captive air separation plants in Jamshedpur<br /> <br />Munich - The technology group The Linde Group today announced it will build and commission a state-of-the-art 2,550 tonnes per day (tpd) air separation unit (ASU) at Tata Steel Ltd&#39;s plant in Jamshedpur, India. Tata Steel is one of the world&#39;s leading steelmakers. Once commissioned in early 2012, this will be the largest air separation plant in India and one of Linde&#39;s largest in Asia. The investment for the new ASU amounts to nearly EUR 85 million, bringing Linde&#39;s total investment in India over the last three years to approximately EUR 285 million.<br /> <br />The announcement follows The Linde Group&#39;s signing of a long-term contract with Tata Steel for the supply of over 4,000 tpd of gaseous oxygen, nitrogen and argon. The new ASU will cater to Tata Steel&#39;s current expansion of its world-class steel making facility in Jamshedpur. The expansion will increase the plant&#39;s steel making capacity to 10 million tonnes a year. As part of the agreement, Linde will also acquire and operate three existing ASUs owned by Tata Steel for the supply of gases to their Jamshedpur works.<br />&#34;This investment, which further deepens our solid relationship with Tata, is an example of our strong commitment to India,&#34; said Dr Aldo Belloni, member of the Executive Board of Linde AG. &#34;Our group member BOC has been operating in India for nearly 75 years. The importance of the Indian market is also reflected in our rapidly growing engineering capability in Baroda and Kolkata. Our comprehensive engineering solutions put us in a good position to meet the growing needs of steel makers, refineries and petrochemical plants in India.&#34;<br /> <br />Commenting on the occasion, H M Nerurkar, Managing Director of Tata Steel Ltd said, &#34;Linde is one of the world&#39;s largest gas companies, with cutting-edge technical expertise and experience in designing and operating air separation plants. This, combined with their solid operational capabilities locally makes them a strong partner for Tata for our world class steel works in Jamshedpur.&#34;<br /> <br />In addition to meeting Tata Steel&#39;s gases requirements, the new plant will also produce liquid products to meet the growth in merchant markets throughout India. Linde is the leading provider of bulk and cylinder gases in India to a variety of industries and is currently in the process of commissioning a new air separation plant near Dehradun in North India. The plant is expected to commence supplies of liquid and cylinder gases to customers by the first quarter of 2010. In addition, Linde is also investing in a new merchant air separation plant in Maharashtra that will produce nearly 500 tpd of liquid products to meet the growing demands of industry in the western region of the country.<br /> <br />The Linde Group currently has gas supply contracts with Tata Steel across the world meeting their gas requirements not only in India, but also in the UK and Holland. In India, Linde has a long-standing relationship with Tata Steel that spans over five decades. It currently operates two existing air separation plants supplying almost 1,500 tpd of oxygen, nitrogen and argon gases to Tata&#39;s steel making operations at Jamshedpur.<br /> <br /> <br />The Linde Group is a world leading gases and engineering company with almost 50,000 employees working in around 100 countries worldwide. In the 2008 financial year it achieved sales of 12.7 billion euro. The strategy of The Linde Group is geared towards sustainable earnings-based growth and focuses on the expansion of its international business with forward-looking products and services. Linde acts responsibly towards its shareholders, business partners, employees, society and the environment - in every one of its business areas, regions and locations across the globe. Linde is committed to technologies and products that unite the goals of customer value and sustainable development.<br /> <br />For more information, please see The Linde Group online at <a href="http://www.linde.com" target="_blank">http://www.linde.com</a></p><p>&mdash; WebWireID106513 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=CST">Architecture / Construction / Building</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MNG">Mining / Metals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/v6uhqpiVex8" height="1" width="1"/>]]></content:encoded>
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     <title>Johnson Controls to Integrate and Supply Two Packaged Kalina Cycle Technology Power Plants</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106472</link>
     <pubDate>Mon, 26 Oct 2009 15:14:11 EST</pubDate>
     <description><![CDATA[The directors of Global Geothermal Limited and its subsidiary Recurrent Engineering are pleased to announce that they have signed a manufacturing contract with Johnson Controls, Inc. to produce two pa...]]></description>
     <content:encoded><![CDATA[<p>The directors of Global Geothermal Limited and its subsidiary Recurrent Engineering are pleased to announce that they have signed a manufacturing contract with Johnson Controls, Inc. to produce two packaged geothermal power plants for Global&#39;s Japanese customer, Geothermal Energy Research &#38; Development (GERD). GERD received funding for its project from NEDO, Japan&#39;s department of energy. Both of the geothermal fluid powered, Kalina Cycle technology units are sized for 50 KW of continuous electrical output, and will be deployed at Japanese hot springs resorts to offset power purchased from the local utility.</p><p>Johnson Controls provides solutions for operating buildings with increased energy efficiency and performance. Johnson Controls&#39; products and services include HVAC and control systems for industrial and commercial refrigeration and cooling as well as fire and security systems.</p><p>Global Geothermal (<a href="http://www.globalgeothermal.com" target="_blank">www.globalgeothermal.com</a>) and subsidiary Recurrent Engineering (<a href="http://www.recurrentengineering.com" target="_blank">www.recurrentengineering.com</a>) own the Kalina Cycle Technology, a highly efficient heat recovery and power conversion cycle using a patented ammonia and water mixture as its working fluid. Global maintains over 200 worldwide patents for its Kalina Cycle Technology and its primary business is international licensing and technology deployment.</p><p>&#39;We are very pleased to work with Johnson Controls for the integration and supply of these innovative power plants,&#39; said Bruce Levy, a director of Global Geothermal. &#39;Johnson&#39;s long experience in manufacturing advanced systems for heating, cooling and energy generation assures a high quality, high reliability product for this important project.&#39;</p><p>Global Geothermal Ltd is more than 90% owned by Wasabi Energy Ltd (ASX - WAS)</p><p>&mdash; WebWireID106472 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=MAC">Machinery</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OTC">OTC / SmallCap</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/eXKwlknRdEU" height="1" width="1"/>]]></content:encoded>
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     <title>Energy Giant Hess Explores Benefits of Virtualization, NVIDIA SLI Multi OS Technology on HP Workstations</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106452</link>
     <pubDate>Mon, 26 Oct 2009 12:00:47 EST</pubDate>
     <description><![CDATA[SEG 2009, HOUSTON - NVIDIA announced today that Hess Corp., a leading global independent energy company, is using HP Z800 workstations outfitted with NVIDIA&#174; Quadro&#174; graphics processing units (GPUs) a...]]></description>
     <content:encoded><![CDATA[<p>SEG 2009, HOUSTON - NVIDIA announced today that Hess Corp., a leading global independent energy company, is using HP Z800 workstations outfitted with NVIDIA&#174; Quadro&#174; graphics processing units (GPUs) and NVIDIA SLI&#174; Multi-OS technology to investigate reducing IT costs while increasing productivity for geosciences professionals.</p><p>Leveraging virtualization technologies from NVIDIA, Parallels and others, the HP Z800 workstation delivers the speed and expandability that oil and gas professionals can fully utilize to tackle their biggest challenges.</p><p>&#39;In our constantly challenging and highly competitive business environment, cost-effective, flexible, powerful IT solutions are critically important,&#39; said Jeff Davis, manager, Technical Computing, at Hess. &#39;We&#39;re examining how the HP Z800 workstation, bolstered by the technologies incorporated in it from NVIDIA, can help us with our ongoing exploration efforts.&#39;</p><p>NVIDIA SLI Multi-OS enables Hess to run both Microsoft Windows and Red Hat Enterprise Linux simultaneously on a single workstation.</p><p>Using Intel Virtualization Technology for Directed I/O (Intel VT-d) hardware acceleration, SLI Multi-OS allows Hess to directly assign NVIDIA Quadro graphics processing units (GPUs) to virtual machines&#8212; a breakthrough capability for graphics-intensive applications.</p><p>Parallels Workstation 4.0 Extreme is the first high-end workstation virtualization solution to offer users near-native performance for graphics-intensive applications. The product leverages the key virtualization technologies enabled by NVIDIA and Intel to deliver highly performing virtual machines for the most demanding visualization applications.</p><p>&#39;Instead of running applications on different machines, and moving data back and forth over the network, SLI Multi-OS radically streamlines users&#39; workflows and instantly enhances productivity,&#39; said Jeff Brown, general manager, NVIDIA Professional Solutions Group. &#39;We believe Hess&#39; use of fully virtualized workstations will makes their employees more efficient, while lowering the total cost of ownership.&#39;</p><p>HP and NVIDIA will be demonstrating the HP Z800 workstation powered by Quadro professional graphics solutions and SLI Multi-OS technology, Intel VT-d and Parallels Workstation 4.0 Extreme, at the Society of Exploration Geophysicists International Exposition (SEG 2009) at the George R. Brown Convention Center, Houston, TX, in the HP booth, #631, October 26th through 29th.</p><p>The SLI Multi-OS capability is available on the NVIDIA Quadro FX 3800, Quadro FX 4800, and Quadro FX 5800 graphics solutions and supports selected combinations of Windows XP, Windows Vista, and Linux operating systems. For more information on SLI Multi-OS, please visit: <a href="http://www.nvidia.com/object/sli_multi_os.html" target="_blank">www.nvidia.com/object/sli_multi_os.html</a></p><p>For more information on NVIDIA Quadro solutions, please visit: <a href="http://www.nvidia.com/quadro" target="_blank">www.nvidia.com/quadro</a>.</p><p>About NVIDIA<br />NVIDIA (<a href="http://finance.google.com/finance?q=NVDA" target="_blank">Nasdaq: NVDA</a>) awakened the world to the power of computer graphics when it invented the graphics processing unit (GPU) in 1999. Since then, it has consistently set new standards in visual computing with breathtaking, interactive graphics available on devices ranging from portable media players to notebooks to workstations. NVIDIA&#39;s expertise in programmable GPUs has led to breakthroughs in parallel processing which make supercomputing inexpensive and widely accessible. Fortune magazine has ranked NVIDIA #1 in innovation in the semiconductor industry for two years in a row. For more information, see <a href="http://www.nvidia.com" target="_blank">www.nvidia.com</a>.</p><p>Certain statements in this press release including, but not limited to, statements as to: the benefits, features, impact, performance and capabilities of NVIDIA GPUs and SLI Multi-OS technology are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Important factors that could cause actual results to differ materially include: development of more efficient or faster technology; design, manufacturing or software defects; the impact of technological development and competition; changes in consumer preferences and demands; customer adoption of different standards or our competitor&#39;s products; changes in industry standards and interfaces; unexpected loss of performance of our products or technologies when integrated into systems as well as other factors detailed from time to time in the reports NVIDIA files with the Securities and Exchange Commission including its Form 10-Q for the fiscal period ended July 26, 2009. Copies of reports filed with the SEC are posted on our website and are available from NVIDIA without charge. These forward-looking statements are not guarantees of future performance and speak only as of the date hereof, and, except as required by law, NVIDIA disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.</p><p>&mdash; WebWireID106452 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=HRD">Computer Hardware</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=NET">Computer Networks</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=STW">Computer Software</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/4qR6vlSut7M" height="1" width="1"/>]]></content:encoded>
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     <title>EPA Names Top 20 Green Powered Schools</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106442</link>
     <pubDate>Mon, 26 Oct 2009 11:16:14 EST</pubDate>
     <description><![CDATA[WASHINGTON -- For the first time, the U.S. Environmental Protection Agency&#39;s Green Power Partnership announced the 20 primary and secondary schools nationwide using the most power from renewable energ...]]></description>
     <content:encoded><![CDATA[<p>WASHINGTON -- For the first time, the U.S. Environmental Protection Agency&#39;s Green Power Partnership announced the 20 primary and secondary schools nationwide using the most power from renewable energy sources. The top Green Power Partner schools are buying nearly 113 million kilowatt-hours (kWh) of green power annually, equivalent to carbon dioxide emissions (CO2) that would be produced from the electricity use of 11,000 American homes for one year.</p><p>&#39;Our green powered schools are giving kids a brighter future in more ways than one. They&#39;re leading the way in protecting our health and environment, and moving the country into the clean energy economy of the 21st century,&#39; said EPA Administrator Lisa P. Jackson. &#39;This is a great lesson on how we reduce harmful pollution in our skies and get America running on clean energy.&#39;</p><p>The five schools using the greenest power are:</p><p>1. Austin Independent School District (Austin, Texas)<br />2. Round Rock Independent School District (Round Rock, Texas)<br />3. Rochester City School District (Rochester, N.Y.)<br />4. Bullis School (Potomac, Md.)<br />5. The Dalton School (New York, N.Y.)</p><p>Green power is generated from renewable resources such as solar, wind, geothermal, biomass, biogas, and low-impact hydropower. Green power electricity generates less pollution than conventional power and produces no net increase in greenhouse gas emissions.</p><p>EPA&#39;s Green Power Partnership works with more than 1,100 organizations to voluntarily purchase green power to reduce the environmental impacts of conventional electricity use. Overall, EPA Green Power Partners are buying more than 17 billion kWh of green power annually, equivalent to the CO2 emissions from electricity use of nearly 1.7 million American homes annually.</p><p>More information on the entire top 20 list of k-12 schools: <a href="http://www.epa.gov/greenpower/toplists/top20k-12schools.htm" target="_blank">http://www.epa.gov/greenpower/toplists/top20k-12schools.htm</a></p><p>Information on EPA&#39;s Green Power Partnership: <a href="http://www.epa.gov/greenpower" target="_blank">http://www.epa.gov/greenpower</a></p><p>&mdash; WebWireID106442 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=EDU">Education</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=GOV">Government</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/P6nkZ6ZvR0c" height="1" width="1"/>]]></content:encoded>
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     <title>Rio Tinto wins prestigious Nedbank Green Mining Awards</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106396</link>
     <pubDate>Sat, 24 Oct 2009 13:30:18 EST</pubDate>
     <description><![CDATA[Rio Tinto&#39;s QIT Madagascar Minerals (QMM) in Madagascar has won the 2009 Nedbank Environmental Award. The award was presented at a ceremony at Nedbank headquarters in Sandton, Johannesburg on Thursday...]]></description>
     <content:encoded><![CDATA[<p>Rio Tinto&#39;s QIT Madagascar Minerals (QMM) in Madagascar has won the 2009 Nedbank Environmental Award. The award was presented at a ceremony at Nedbank headquarters in Sandton, Johannesburg on Thursday, 22 October 2009. The Environmental Award honours a company, which has made a significant effort in terms of protecting or improving the biophysical environment in which it operates. QMM was recognized for its groundbreaking work and commitment in environment and biodiversity especially its net positive impact.</p><p>Said Manon Vincelette, head of Community Affairs, Biodiversity and Sustainable Development at QMM: &#34;We are very proud to be a recipient of this esteemed award. More importantly, we are pleased that QMM has been recognised for protecting and conserving the unique biodiversity of the mining sites and other related infrastructures and for building capacity for better use of the natural resources.&#34;  </p><p>&#34;I share this award with our hardworking employees at Rio Tinto and QMM as an affirmation that our dedication and effort to address the issues of biodiversity and ecosystem service degradation will have long reaching and positive effects for society and present a benchmark for the mining industry.&#34;</p><p>&#34;Of course we have not done this alone. Active engagement with local, national and international stakeholders has been fundamental to the success of the project. We engaged extensively with aid agencies and international institutions to build capability in the areas of communities, education and health. QMM also worked with numerous specialist environmental organisations researching the region&#39;s biodiversity. I also thank our former managing director Gary O&#34; Bryan for his support and direction on the project.&#34;</p><p>&#34;An independent biodiversity advisory committee was formed in 2001 to review the biodiversity strategy and on-the-ground conservation action which consists of biodiversity experts in various fields of longstanding experience and globally renowned research credentials in Madagascar,&#34; said Vincelette.</p><p>Rio Tinto recognises that biodiversity and ecosystem service degradation are issues of global significance that will have long reaching, negative effects for society if not addressed promptly and effectively. These issues present new challenges to the mining industry as a whole.</p><p>Noteworthy characteristics of QMM&#39;S biodiversity programme include identifying opportunities to enhance biodiversity conservation and promote fast growing plantations for community use, biodiversity conservation, rehabilitation and dune stabilisation. It also seeks to restore the natural ecosystems and rehabilitate the land. </p><p>The adjudication of the awards was extensive and involved a detailed submission form, interview with an expert panel of adjudicators and a site visit to QMM in Madagascar. Three independent and expert adjudicators in consultation with Nedbank were appointed to peruse and evaluate all submissions and the award winner selected based on the &#34;best-in-class&#34; principle. </p><p>Ny Fanja Rakotomalala, president of QMM in Madagascar on being informed of the award added his congratulation to Vincelette and the Biodiversity and environment team, consisting of 85, all Malagasy. &#34;We at QMM are proud of this international recognition of our achievement in Environment and Biodiversity,&#34; said Rakotomalala. <br />The award was handed over by Tom Boardman, CEO of Nedbank, in his speech he said: &#34;For the last two years, the Awards have been open to nominations for Green Mining from across the African continent and one of last year&#39;s winners was from Ghana. This year, we are happy to say that applications were again received from outside South Africa&#39;s borders. The Nedbank Group - as the first African Bank to become a signatory to the Equator Principles - is committed to responsible and constructive development across the continent. On the 15th of September, this year, the Nedbank Group took this commitment a giant step further by announcing our decision to achieve carbon neutral status. We are the first South African bank to do this and our green status will put us on a par with the likes of HSBC and Deutsche Bank.&#34;</p><p>&#34;I am also happy to say that Nedbank Group recently won &#34;Socially Responsible Bank of the Year&#34; at the African Banker Awards, which are designed to recognise the reforms, rapid modernisation, consolidation, integration and expansion of Africa&#39;s banking and financial system. Through our involvement in the Princes Rainforest Project, we are actively contributing towards the preservation of Africa&#39;s tropical rainforests by seeking forestry carbon offsets on the continent. Although the rainforests might feel very far away from South Africa, their destruction through slash-and-burn agriculture and commercial logging will have adverse effects on the life of every person who calls Africa home.&#34;</p><p>&#34;Nedbank Capital is privileged to partner with mining companies across the full spectrum of mineral resources. It is encouraging to note that in our dealings with these companies that play such a crucial role in driving South Africa&#39;s economy, is that they are increasingly cognizant of their own sustainability and impact on the environment. This has seen us not only funding much of the activity in the sector but also becoming the partner of choice in Mining Rehabilitation Fund management. A notable example of this is the recent conclusion of an agreement to manage the Harmony Rehabilitation Trust and the Cooke Rehabilitation Trust for Rand Uranium,&#34; said Boardman.</p><p>About Rio Tinto</p><p>Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.</p><p>Rio Tinto&#39;s business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.</p><p>&mdash; WebWireID106396 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=MNG">Mining / Metals</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/dymmygyP46o" height="1" width="1"/>]]></content:encoded>
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     <title>Duke Energy and China-Based ENN Group to Build Solar Power Projects in U.S. </title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106363</link>
     <pubDate>Fri, 23 Oct 2009 13:22:26 EST</pubDate>
     <description><![CDATA[LANGFANG, CHINA - China-based ENN Group and Duke Energy will jointly develop commercial solar power projects in the U.S. -   -  Under an agreement signed today, ENN and Duke Energy will concentrate on two...]]></description>
     <content:encoded><![CDATA[<p>LANGFANG, CHINA - China-based ENN Group and Duke Energy will jointly develop commercial solar power projects in the U.S.</p><p>Under an agreement signed today, ENN and Duke Energy will concentrate on two types of solar photovoltaic designs: large &#39;utility-scale&#39; solar farms and commercial distributed generation solar projects. Distributed generation systems produce electricity close to where the energy is used, rather than at large, central power plants.</p><p>This joint development agreement builds upon a memorandum of understanding announced Sept. 23 at the Clinton Global Initiative&#39;s annual meeting at which time the companies pledged to work together to accelerate the development of low-carbon and clean energy technologies.</p><p>&#39;China is investing heavily in clean energy and we can make greater progress in the U.S. by joining forces and working together,&#39; said Duke Energy CEO Jim Rogers. &#39;Duke Energy and ENN seek to not only accelerate the development of solar power in the U.S., but help achieve economies of scale and drive down the cost of renewable energy.&#39;</p><p>&#39;ENN and Duke Energy have very complementary strengths,&#39; said ENN Chairman Wang Yusuo. &#39;We are both dedicated to the development and use of low-carbon, clean energy sources to combat the climate change crisis facing all humanity.&#39;</p><p>Duke Energy Generation Services (DEGS), a commercial business unit of Duke Energy, will team with ENN to develop, own and operate the solar projects.</p><p>The joint development agreement will expand DEGS&#39; existing investments in renewable energy &#8211; including wind and biopower &#8211; and commercial transmission. DEGS owns and operates more than 630 megawatts (MW) of wind power projects in the U.S. and plans to add another 350 MW by the end of 2010. In the biopower market, DEGS is developing wood-waste-to-electricity power plants in the U.S through ADAGE, the company it formed in 2008 with French-based AREVA.</p><p>Keith Trent, president and group executive of Duke Energy&#39;s Commercial Businesses, and Wouter van Kempen, president of DEGS, joined ENN Chairman Wang Yusuo and Vice Chairman and Chief Scientist Gan Zhongxue in Langfang for the signing of the agreement.</p><p>&mdash; WebWireID106363 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=BUA">Business Announcements</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=ENV">Environment</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=OIL">Oil / Energy</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/Mjid8kzEpEE" height="1" width="1"/>]]></content:encoded>
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     <title>TurboHaul Offers Roll-Off Containers In Baltimore Washington And Northern Virginia</title>
     <link>http://www.webwire.com/ViewPressRel.asp?aId=106243</link>
     <pubDate>Thu, 22 Oct 2009 10:03:45 EST</pubDate>
     <description><![CDATA[TurboHaul (www.TurboHaul.com) has serviced the roll-off container demands for the Baltimore, Washington and Northern Virginia areas for 12 years and it has seen the demand for these services increase...]]></description>
     <content:encoded><![CDATA[<p>TurboHaul (<a href="http://www.TurboHaul.com" target="_blank">www.TurboHaul.com</a>) has serviced the roll-off container demands for the Baltimore, Washington and Northern Virginia areas for 12 years and it has seen the demand for these services increase dramatically lately.</p><p>TurboHaul has specialized in the bulk trash removal business and it offers roll-off containers in multiple sizes to accommodate any specific project demands. <br /> <br />According to Kevin Daly, owner of TurboHaul: &#34;Our crew is trained and licensed, plus we have a very low turnover rate and that definitely helps. TurboHaul realizes that low turnover is a key element to ensure that the customers are taken care of well. We offer a free no-obligation consultation for roll- off containers and our knowledgeable team works on a quick dispatch and turn around to take care of bulk disposal needs quickly, affordably and efficiently. &#34;<br /> <br />TurboHaul.com also provides equipment to handle demolition jobs and bulk waste hauling. Their expert specialization and time in business has made TurboHaul, one of the most reliable private bulk waste disposal companies in the area, and it has led to the great reputation they have earned through quick dispatch and excellent service to their customers.<br /> <br />There is a nationwide problem with disposal of bulk items, as some municipalities are charging a fee for appliance haul-off (if they do it at all) and some people have to wait up to six months. This has resulted in the private bulk waste disposal companies to cause delays and raise prices when they are not prepared for the increased demand. This is where TurboHaul comes into picture. It is their extensive knowledge of the industry and their trained staff, what equates to the quick, efficient and affordable roll-off container services, as well as the other bulk waste and demolition services they offer. </p><p>For more information about their services, visit <a href="http://www.TurboHaul.com" target="_blank">www.TurboHaul.com</a> <br /></p><p>&mdash; WebWireID106243 &mdash;</p><div class="related" style="float:left; margin-right:10px; margin-bottom:10px;"><ul><li><a href="http://www.webwire.com/industry-news.asp?indu=COS">Commercial Services</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=HOU">Household / Consumer / Cosmetics</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=TRN">Transportation / Shipping</a></li><li><a href="http://www.webwire.com/industry-news.asp?indu=UTI">Utilities</a></li></ul></div><div class="terms" style="clear:both; float:left; margin-right:10px; margin-bottom:10px;"><a href="http://www.webwire.com">WebWire&reg;</a> Copyright &#169; 2009 Warmtone Corp. | Use of this content is subject to our <a href="http://www.webwire.com/ServTerms.asp">Terms of Service</a> | <a href="http://www.webwire.com/webwire-industries-rss-feeds.asp">More Feeds</a></div><br /><img src="http://feeds.feedburner.com/~r/WebWire-News-Utilities/~4/gZAjIwtfRWc" height="1" width="1"/>]]></content:encoded>
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