Researched by Industrial Info Resources(Sugar Land, Texas) -- Korea Electric Power Corporation (SEO:015760)KEPCO will help build Jordan's largest private-sector natural-gas-basedpower plant. The 400-megawatt plant, based 50 miles south of the capitalAmman in Qatraneh, is expected to be operational by 2011. Based on thebuild-operate-own model, the $500 million project will be...
NEW YORK -- Conduit Capital Partners LLC, a private equity investment firm focused on infrastructure investment and development in Latin America and the Caribbean, today announced that its subsidiary, Kuntur Transportadora de Gas, S.A.C. ("Kuntur"), has been awarded a 30-year concession contract by the Government of Peru to build a...
HOUSTON -- Enterprise Products Partners L.P. (NYSE:EPD) today announced that the board of directors of its general partner declared an increase in its quarterly cash distribution rate to partners to $0.5225 per common unit, or $2.09 per unit on an annualized basis. The quarterly distribution will be paid on November...
Market Report THE PAST few weeks have proved hard work for market commentators, with each plunge calling for an ever more outlandish hyperbole. After the New Black Monday, then Meltdown Monday, another 8 per cent plunge yesterday looked like Massacre Monday as miners and banks were...
WHITE PLAINS, N.Y., Oct. 7 /PRNewswire-FirstCall/ -- Diversified Mortgage Workout Corporation (Pink Sheets: DMWK) today announced that it will seek to acquire a small to mid-sized regional bank. "The growth of Diversified Mortgage Workout Corporation will be enhanced with an acquisition of this type, as it will...
CALGARY, Oct. 6 /PRNewswire-FirstCall/ -- Advantage Energy Income Fund ("Advantage" or the "Fund") is pleased to announce that its Board of Directors has approved an additional increase to the 2008 capital budget of $50 million. The 2008 capital expenditure budget is now set at $250 million. The increased capital...
PERTH, Australia AFP — Up to 40 people were injured in a mid-air incident that forced an Australian airliner to make an emergency landing on Tuesday, a police officer said. The Airbus A320 made a successful emergency landing at an airfield in the Western Australian town of Exmouth...
COLUMBUS, Ohio -- Capital City Energy Group, Inc. (OTCBB: CETG), a diversified oil and natural gas company, announced today that the company is featured on www.stockbully.com. Stockbully.com gives attention to emerging growth companies that seek more exposure in the financial markets. Stockbully.com is a multimedia investor relation's source...
By Ken Corbitt THE CAPITAL-JOURNAL The terms "athletic" and "quick" aren't often associated with a player who weighs 320 pounds. An exception is Brandon Jackson, whose size makes him a natural defensive tackle but whose athletic ability and quick feet allow...
SandRidge Energy's common stock price dropped 14.23 percent on Thursday after the Oklahoma City-based company reduced its 2009 capital spending budget because of lower natural gas prices. SandRidge plans to cut 2009 capital spending to $1 billion from $2 billion in a previous guidance. The reduction was...
Prospect Capital Corporation(NASDAQ: PSEC) ("Prospect" or "Company") announced today that Brian H.Oswald has been promoted to Chief Financial Officer and Treasurer as ofNovember 11, 2008, and Chief Compliance Officer and Secretary as of October1, 2008. "As our business needs have grown, promoting Brian to the CFO and CCO rolesis a...
CLEVELAND -- Cleveland-Cliffs Inc (NYSE: CLF), which will be renamed Cliffs Natural Resources in mid-October, today announced that, based on the preliminary count provided by its proxy solicitor, it appears that approximately 80% of shares voted by holders other than Harbinger Capital Partners, its equity-swap counter parties or other "interested"...
Provides Preliminary Guidance for 2009 Oil and Gas Production RADNOR, Pa. -- Penn Virginia Corporation (NYSE:PVA) today provided revised full-year 2008 guidance for oil and gas production and capital expenditures and preliminary oil and gas production guidance for 2009. As a result of weather-related and other...
PARIS, October 2 /PRNewswire-FirstCall/ -- Dexia has been informed that the Board of Directors of CNP Assurances has decided to participate in the capital increase of Dexia which was announced Tuesday morning in a proportion which will bring its participation up to close to 3% of Dexia's capital. The...
OKLAHOMA CITY, Oct. 2 /PRNewswire-FirstCall/ -- SandRidge Energy, Inc. today announced plans to reduce its 2009 capital expenditure budget to $1.0 billion from previous guidance of $2.0 billion. The $1.0 billion reduction in the 2009 capital expenditure program is a direct response to recent declines in natural...
PPL Corp. in Allentown said today that it completed the sale of its natural gas distribution and propane subsidiaries to UGI Utilities Inc. UGI Utilities, a wholly owned subsidiary of UGI Corp. in Valley Forge, bought PPL Gas Utilities Corp. and Penn Fuel Propane LLC for about $268 million in...
News in brief ENVIRONMENT Britain must not let the global economic turmoil deflect it from taking action to cut carbon emissions and reduce its dependency on foreign oil supplies, Peter Ainsworth, the shadow Environment Secretary, warned. He told the conference that the Conservatives "must and will...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/0d04ee/burts_bees_case_s) has announced the addition of the "Burt's Bees Case Study: Retaining Brand Values In Natural Personal Care Following Acquisition" report to their offering. Introduction This report on Burt's Bees forms part of Datamonitor's case studies series, which explores business...
By Mike Hall THE CAPITAL-JOURNAL The decision on how to put historic Sumner Elementary School in private hands eluded the Topeka City Council again Tuesday evening. On a 6-3 vote, the council ordered the matter delayed for one week for answers...
Articles 2008-10-01
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