Business News Archive - March 25, 2009

Last-minute negotiations between Nigerian oil workers unions and government officials headed off a strike, at least temporarily, an official said Tuesday. Bayo Olowoshile, secretary-general of the Petroleum and Gas Senior Staff Association, told the Voice of America the unions agreed to give the government more time to fulfill its pledge on improving security in the oil fields in the restive Niger Delta. Yes, we will be willing to give the government a little time, Olowoshile said.

LONDON, March 25 /PRNewswire/ -- "Energy Efficiency" was the buzzword of 2008, and rightfully so. With high energy prices and the "green" movement in full swing, it made both economic and social sense to invest in energy saving technologies.

HAIFA, Israel, March 25 /PRNewswire-FirstCall/ -- Oil Refineries Ltd. (TASE: ORL.TA) (the "Company"), Israel's largest oil refiner, announced today that it will be releasing its financial results for the fourth quarter and full year 2008 on Monday, March 30, 2009. The Company will be hosting a conference call the same day, Monday, March 30, 2009 at 8:30 am ET (1:30pm UK, 3:30pm Israel).

LONDON, March 25 /PRNewswire-FirstCall/ -- Tullow Oil plc (Tullow) announces that the deeper section of the Tweneboa-1 exploration well offshore Ghana and the Karuka-2 exploration well drilling the Vundu prospect in Block 2 Uganda have both encountered oil bearing sands. Oil encountered deeper in Tweneboa-1 exploration well (Tullow 49.95%) On behalf of the Deepwater Tano licence partners, Tullow announces that following the significant light hydrocarbon discovery reported earlier this month, the Tweneboa-1 well has been deepened to 3,938 metres and encountered four metres of highly-pressured oil bearing sands as well as an over-pressured zone at total depth. Results of wireline logs, pressure measurements and sampling show that the well has encountered oil of 26 degrees API which is independent of the shallower light hydrocarbon accumulation.

LONDON, March 25 /PRNewswire/ -- The 2009 Frost & Sullivan Global High Performance Fillers Customer Service Leadership Award is presented to Hybrid Plastics(TM).

OVERLAND PARK, Kan., March 25 /PRNewswire/ -- LightWild today announced it has shipped more than 21,000 meters of its 1-meter Junior Linear LED fixtures for use on the exterior facade of 23 Red Line stations of the Dubai Metro Project.

HUNTSVILLE, Texas, March 25 /PRNewswire-FirstCall/ -- Mitcham Industries, Inc. (Nasdaq: MIND) ("Company") announced today that it will release its fiscal fourth quarter and year ended January 31, 2009 financial results on Tuesday, April 7, 2009 after the close of market.

FORT WORTH, Texas, March 25 /PRNewswire-FirstCall/ -- AZZ incorporated (NYSE: AZZ), a manufacturer of electrical products and a provider of galvanizing services, will conduct a conference call to review financial results for the fourth quarter and fiscal year 2009 at 11:00 a.m.

GONGYI, China, March 25 /PRNewswire-Asia-FirstCall/ -- China Gengsheng Minerals, Inc.

Double-Digit EBITDA Growth in the Fourth Quarter and in Full Year 2008 RIO DE JANEIRO, March 25 /PRNewswire-FirstCall/ -- Wilson Sons Limited ("Wilson, Sons" or "the Company") announced today its consolidated results for the Fourth Quarter (4Q08) and Full Year 2008 (FY08).

Word of the Day
  • A woman chauffeur.
  • A woman who operates an automobile.
The word 'chaffeuse' comes from French, and is the feminine form of 'chauffeur'.