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Business News Archive - October 20, 2008

Research and Markets (http://www.researchandmarkets.com/research/fc1f58/asiapacific_oil) has announced the addition of the "Asia-Pacific Oil & Gas Sectors : A Company and Industry Analysis (August 2008)" report to their offering.

SES ASTRA, an SES company (Paris:SESG) (LuxX:SESG), today announced that the number of High Definition (HD) channels broadcast via the ASTRA Satellite System has increased significantly in the last three months.

XINYU CITY, China and SUNNYVALE, Calif., Oct. 20 /PRNewswire-FirstCall/ -- LDK Solar Co., Ltd. ("LDK Solar"; NYSE: LDK), a manufacturer of multicrystalline solar wafers, today announced that it has signed a seven-year contract to supply multicrystalline solar wafers to Italy-based Helios Technology.

Regulatory News: Technip (Paris:TEC) (ISIN:FR0000131708) has been awarded by Grupa Lotos a lumpsum contract, worth approximately EUR 70 million, for the refinery in Gdansk, Poland. The contract covers engineering and procurement services for a new solvent deasphalting(*) unit.

By Marilyn Adams and Barbara Hansen Airlines will offer almost 3,000 fewer domestic flights a day during the Thanksgiving season, promising fewer choices, fuller planes and higher fares for millions of Americans.

Italy-based Ansaldo STS, a subsidiary of Italian aerospace and defense company Finmeccanica, has won a E126m ($171m) contract from the Turkish State Railways to provide signaling and communications services.

BPZ Resources, Inc. (NYSE Alternext US:BPZ) announced it has received funding of the $15 million tranche of senior debt with the International Finance Corporation (IFC). The IFC $15 million facility is the first tranche of two credit facilities totaling $215 million.

By Steve Weinberg At age 80, T. (for Thomas) Boone Pickens is still shaking up the energy industry, as he has been doing since the 1950s, when he quit his stable job as a Phillips Petroleum geologist to start his own firm, Mesa Petroleum.

By Robert J. Michaels America needs lots of clean, low-cost, secure electricity. Unfortunately, renewable sources don't fill the bill, and a national requirement wouldn't change things. Renewables (excluding hydroelectric dams) produce less than 3% of U.S.

Word of the Day
donative
  • A gift; a largess; a gratuity; a present; a dole.
The word 'donative' comes from a Latin word meaning 'to give'.
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