Frost & Sullivan Names IPS 2008 Asia Pacific Safety Systems Company of the Year

Invensys Process Systems (IPS), a global technology, software and consulting firm, today announced that it has been named the winner of the 2008 Frost & Sullivan Asia Pacific Industrial Technologies Award for Asia Pacific Safety Systems Company of the Year. The annual award recognizes outstanding performances by companies in the electronics, industrial automation, process control, energy and power... 

As work on Alberta’s oil sands booms, the slide in natural gas prices has meant a retreat in the face of high costs

Canada’s oil-soaked sands are hot while natural gas drilling has cooled, illustrating the long-term nature of one business and shorter-term vulnerability to price swings of the other, analysts say. “The economic life associated with these projects is measured in years, if not decades, as opposed to a 45-day gas well in Canada,” said Bill Herbert, co-head of research for Simmons &... 

Cygnus Oil and Gas adds three new board members

Cygnus Oil and Gas Corporation has announced the appointment of three new members to its Board of Directors – Mr. Ted E. Davis, Mr. Ralph D. McBride, and Mr. Alfred J. Moran. The Cygnus Board is now composed of four independent directors in addition to our Chairman and CEO. Mr. Ted E. Davis retired in 2000 after thirty-five years with Conoco, Inc. from his position as President, Exploration &...