ConocoPhillips and Origin Energy announced their plan to create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales. The transaction is conditioned upon approval from Australia’s Foreign Investment Review Board and, if required as a result of an outstanding offer from BG to purchase all outstanding shares of Origin...
TransAtlantic Petroleum Corp. announced that it is changing its operating strategy from a prospect generator to a vertically integrated project developer. To execute this new strategy, the Company has agreed in principle to acquire Longe Energy Limited (“Longe”), an entity associated with the Company’s Chairman, N. Malone Mitchell 3rd, in conjunction with a private placement that...
CDC Software, a wholly-owned subsidiary of CDC Corporation and a provider of industry-specific enterprise software applications and business services, announced today that it has added two new partners from Chile and Brazil to its growing and diversified Franchise Partner Program, that now totals seven companies. The CDC Software Franchise Partner Program funds CDC Software’s investments, through...
Altra Nebraska LLC, a wholly owned subsidiary of Altra Inc. (Altra), a California-based developer of renewable fuel projects, announced at a ground breaking ceremony held today, that the Company has commenced construction on what is expected to be one of Nebraska’s largest ethanol production facilities. Breaking ground on the 360 acre Carleton facility, a $200 million project, continues Altra’s...
Gov. Brian Schweitzer on Monday announced Montana will have one of the nation’s first coal-to-liquid fuel facilities, a $1.3 billion project that several companies have agreed to build in the state’s midsection. DKRW Advanced Fuels, Arch Minerals and Bull Mountain Cos. plan to develop the project at the Bull Mountain mine 14 miles south of Roundup, in central Montana, Schweitzer said. The...
Gov. Brian Schweitzer says he supports the Highwood Generating Station, a coal-fired power plant proposed for east of Great Falls. “I’m supporting the Highwood project,” Schweitzer told the Great Falls Tribune’s editorial board Friday. “It’ll be one of the cleanest coal plants in the country.” The plant does not use a technology known as Integrated Gasification...