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Fuel Oil Dealers Industry News

Subaru Introduces 2010 Impreza(R) WRX(R) STI(R) Special Edition and Impreza WRX Limited at the Los Angeles Auto Show (5:00:00am Tue Nov. 24, 2009 CDT)

LOS ANGELES, Nov. 24 /PRNewswire/ -- Subaru of America, Inc. is introducing the 2010 Impreza WRX STI Special Edition at the Los Angeles Auto Show, which runs December 4-13 at the Los Angeles Convention Center. Available in an initial limited run of 125 units, the WRX STI Special Edition features upgraded performance suspension (derived from the Japanese domestic market spec C), unique Aspen White paint and custom spec C wheels. Pricing will be announced at the Los Angeles Auto Show. ...

Newpark Resources to Present at the FBR Capital Markets 2009 Fall Investor Conference (5:00:00am Tue Nov. 24, 2009 CDT)

THE WOODLANDS, Texas, Nov. 24 /PRNewswire-FirstCall/ -- Newpark Resources, Inc. (NYSE: NR) announced today that Paul Howes, President and Chief Executive Officer, will present at the FBR Capital Markets 2009 Fall Investor Conference to be held at the Grand Hyatt New York Hotel on December 1 - 2, 2009 in New York City. ...

Sasol and Gassnova SF Sign MoU on Participation in Norwegian CO2 Technology Centre in Mongstad (5:00:00am Tue Nov. 24, 2009 CDT)

PRETORIA, South Africa, November 24 /PRNewswire/ -- Sasol and Gassnova SF, the Norwegian state-owned enterprise responsible for managing governmental interests related to Carbon Capture and Storage (CCS), today signed a Memorandum of Understanding (MoU) at the Union Buildings in Pretoria that will enable Sasol to explore the possibility of becoming a participant in the European CO2 Technology Centre Mongstad (TCM) currently under construction in Norway. ...

Huaneng Power International, Inc. Announces Tariff Adjustments for its Power Plants (4:59:00am Tue Nov. 24, 2009 CDT)

BEIJING, Nov. 24 /PRNewswire-Asia/ -- Huaneng Power International, Inc. (the "Company") (NYSE: HNP; HKEx: 902; SSE: 600011) today announced the adjustments of tariffs for its power plants. ...

Argus Launches Daily Coverage of Russian ESPO Crude Market (4:10:00am Tue Nov. 24, 2009 CDT)

MOSCOW, Nov. 24 /PRNewswire/ -- Argus, the international energy price reporting agency, has begun regular coverage of the new Russian East Siberia-Pacific Ocean (ESPO) Blend crude oil. Reliable information on prices, loadings, shippers, pipeline tariffs and market development will be available to subscribers of the Argus Crude daily market report. ...

MAX drills 19.03 g/t gold over 6.1 meters at Crowsnest; includes 50.26 g/t gold over 1.5 meters (3:00:00am Tue Nov. 24, 2009 CDT)

VANCOUVER, Nov. 24 /PRNewswire-FirstCall/ - MAX Resource Corp. (TSX.V: MXR; OTCBB: MXROF; Frankfurt: M1D) has received significant gold assays from its recent reverse circulation drill program completed at the Crowsnest project in Southeastern B.C. in October, 2009. Results included hole RC 09-7 which returned 19.03 grams per tonne (g/t) gold over 6.1 meters, including 1.5 meters of 50.26 g/t gold. ...

Frost & Sullivan Reveals Its Top Investment Opportunities in Africa for 2010 (2:00:00am Tue Nov. 24, 2009 CDT)

CAPE TOWN, South Africa, Nov. 24 /PRNewswire/ -- Africa has garnered new interest from investors over the last year as the economic slowdown in developed economies has highlighted the growth potential on the continent. Many sectors in Africa have continued to shine, despite the global economic turmoil. ...

ICL Reports Continued Sequential Improvement for Third Quarter of 2009 (1:06:00am Tue Nov. 24, 2009 CDT)

TEL-AVIV, Israel, November 24 /PRNewswire-FirstCall/ -- ICL (TASE:ICL), a multinational fertilizer and specialty chemicals company, today reported results for the third quarter and nine months ended September 30, 2009. ...

/C O R R E C T I O N -- BJ Services Company/ (6:06:00pm Mon Nov. 23, 2009 CDT)

In the news release, "BJ Services Reports Fourth Fiscal Quarter Net Loss From Continuing Operations of $0.01 per Diluted Share," issued 23-Nov-2009 by BJ Services Company, PR Newswire inadvertently issued the news release with an error in the Condensed Consolidated Statement of Operations. In the first table, "Condensed Consolidated Statement of Operations," second line item, "Cost of sales and services:" the entry for June 30 2009 should read 731,948 rather than 15,922. The complete, corrected release follows: ...

Pinnacle Announces Third Quarter Earnings (5:26:00pm Mon Nov. 23, 2009 CDT)

SHERIDAN, Wyo., Nov. 23 /PRNewswire-FirstCall/ -- Pinnacle Gas Resources, Inc. (Nasdaq: PINN) today reported the Company's financial results for the third quarter and nine months ended September 30, 2009 which included the following information: ...

Norwood Will Redrill San Bartolo Sidetrack Well (4:58:00pm Mon Nov. 23, 2009 CDT)

VANCOUVER, Nov. 23 /PRNewswire-FirstCall/ - Norwood Resources Ltd. (the "Company") announces that the Company will drill a second sidetrack well at San Bartolo, Nicaragua. The first sidetrack well, SB-1X is considered too degraded for adequate testing of the principle hydrocarbon targets. The hole stability was compromised during low pressure nitrogen lift operations, when borehole pressures fell below formation strength resulting in hole collapse problems. Rather than risk the testing of SB-1X under these conditions, the Company has decided to drill another sidetrack utilizing available equipment presently at the well-site. ...

The SEG's 79th Annual Meeting Attendance Nearly 9,300 (4:28:00pm Mon Nov. 23, 2009 CDT)

TULSA, Okla., Nov. 23 /PRNewswire/ -- The 79th Annual Meeting and International Exposition of the Society of Exploration Geophysicists (SEG) was one of the most successful in recent years. Attendance was nearly 9,300, surpassing recent annual meeting delegate totals by nearly 1,000 delegates. The increasingly international nature of SEG's membership, now more than 32,000, was evidenced by delegates from 85 countries. The near sold-out exposition floor covered 375,000 square feet which was populated by booths from more than 360 exhibitors. In the words of Apache's Klaas Koster, SEG president-elect, "The exhibition floor had booths from pretty much every significant player with an ambition to reach a global audience; major and national oil companies were recruiting, hardware and software were demonstrated, and services and education were offered. In short, a vibrant marketplace alive with buyers and sellers." ...

ATWOOD OCEANICS Announces Fourth Quarter Earnings for FY 2009 (4:04:00pm Mon Nov. 23, 2009 CDT)

HOUSTON, Nov. 23 /PRNewswire-FirstCall/ -- ATWOOD OCEANICS, INC. (NYSE: ATW), Houston-based International Drilling Contractor, announced today that the Company earned net income of $48,284,000 or $0.75 per diluted share, on revenues of $131,044,000 for the quarter ended September 30, 2009 compared to net income of $74,753,000 or $1.16 per diluted share, on revenues of $160,654,000 for the quarter ended September 30, 2008. For the twelve months ended September 30, 2009, the Company earned net income of $250,745,000 or $3.89 per diluted share, on revenues of $586,507,000 compared to net income of $215,438,000 or $3.34 per diluted share, on revenues of $526,604,000 for the twelve months ended September 30, 2008. ...

ThermoEnergy Announces the Completion of the Second Phase of its Recapitalization Plan and Changes in Management (4:00:00pm Mon Nov. 23, 2009 CDT)

LITTLE ROCK, Ark., Nov. 23 /PRNewswire-FirstCall/ -- ThermoEnergy Corporation (OTC Pink Sheets: TMEN) today announced that the Company completed the second phase of its recapitalization. The second phase of the plan raised from its investors $1.4 million in cash and retired $5.9 million of outstanding debt and interest in exchange for 3.0 million shares of Series B Convertible Preferred Stock and 5.6 million common stock purchase warrants. The Series B Convertible Preferred Stock were issued at $2.40 per share and are convertible, at any time at the discretion of the holder, into 10 shares of common stock. The warrants have a term of five years and an exercise price of $0.50 per share. Both instruments include conventional weighted average anti-dilution provisions. All parties to this second tranche of our recapitalization provided the Company with complete and general releases to all claims in the past and present, whether known or unknown. ...

Fibrowatt LLC Selects Fagen, Inc. as the EPC Contractor for up to Three Biomass-Fueled Power Projects in the Southeast United States. (3:18:00pm Mon Nov. 23, 2009 CDT)

GRANITE FALLS, Minn., Nov. 23 /PRNewswire/ -- Fibrowatt LLC, a member of the Homeland Renewable Energy Group, announced today it has executed an initial agreement with Fagen, Inc. for the engineering, procurement, and construction (EPC) of its first biomass-fueled power project in North Carolina. The primary fuel consumed by this power plant will be poultry litter. The agreement can also be extended to two additional projects. The terms of the agreement remain confidential. ...

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