Latest RAO UES Stories

MIDLAND, Texas, Oct. 24, 2011 /PRNewswire/ -- As previously announced, Dawson Geophysical Company (Dawson) (NASDAQ: DWSN) and TGC Industries, Inc. (TGC) (NASDAQ: TGE) entered into a definitive merger agreement pursuant to which Dawson will acquire TGC in a tax-free stock-for-stock transaction. The Board of Directors of each of Dawson and TGC approved on March 20, 2011 the merger agreement and recommends that each of their respective shareholders vote "FOR" the proposals to be voted on at...

MIDLAND, Texas, Sept. 26, 2011 /PRNewswire/ -- Dawson Geophysical Company (Dawson) (NASDAQ: DWSN) and TGC Industries, Inc. (TGC) (NASDAQ: TGE) today announced that Dawson has filed a definitive joint proxy statement/prospectus with the Securities and Exchange Commission (SEC), and that Dawson and TGC will shortly begin mailing of definitive proxy materials in connection with the proposed acquisition of TGC by Dawson. As previously announced, Dawson and TGC entered into a merger agreement...

NEW YORK and ST. PETERSBURG, Russia, June 16, 2011 /PRNewswire/ -- Ener1, Inc. (NASDAQ: HEV) and Russia's JSC Mobile GTES (MGTES), a whole-owned subsidiary of the Federal Grid Company (FGC) of Unified Energy System (MICEX: FEES), today announced that they have signed a strategic framework agreement to contemplate the manufacture of lithium-ion-based uninterruptible power supply (UPS) systems as part of a five-year engineering and framework agreement. The proposed UPS systems -- which the...

NEW YORK, June 15, 2011 /PRNewswire/ -- Ener1, Inc. (NASDAQ: HEV) and the Russian Federal Grid Company (FGC) (MICEX: FEES) today announced they will display a fully operational, lithium-ion, distributed energy storage system as part of the 15th annual St. Petersburg International Economic Forum which will be held June 16-18 in Russia. The Forum will be attended by more than 2,500 people. Leading the roster of government leaders and corporate CEOs from around the world are opening speeches...

MIDLAND, Texas, March 21, 2011 /PRNewswire/ -- Dawson Geophysical Company (Dawson) (Nasdaq: DWSN) and TGC Industries, Inc. (TGC) (Nasdaq: TGE) today announced they have entered into a merger agreement dated March 20, 2011 whereby Dawson will acquire TGC in a tax-free stock-for-stock transaction. The combined company will retain the Dawson name and trading symbol. Based on the NASDAQ closing prices of Dawson and TGC shares on Friday, March 18, 2011, the transaction is valued at...

MOSCOW, November 10, 2010 /PRNewswire/ -- MICEX Settlement House (MICEX SH) shall notify on completion of the reorganization in the form of accession to it of "The National Depository Center" (Closed Joint Stock Company) (NDC). On November 3, 2010 the data related to the reorganization of the MICEX SH (Principal State Registration Number 1027729132563; Registration Number assigned by the Bank of Russia 3294; Taxpayer Identification Number 7702165310; registered address: bldg 8,...

ST. PETERSBURG, Russia, June 17 /PRNewswire-FirstCall/ -- American lithium-ion battery manufacturer Ener1, Inc. (Nasdaq: HEV) signed a memorandum of understanding (MOU) today with Russia's Federal Grid Company (MICEX: FEES) to help develop new opportunities to use high-performance battery systems to improve the reliability and performance of the Russian electricity system, which is facing record setting demand on an aging grid. (Logo: http://photos.prnewswire.com/prnh/20080312/CLW018LOGO...

MOSCOW, Feb. 13 /PRNewswire-FirstCall/ -- Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces changes to management of Mechel Mining OAO, its mining subsidiary. Alexander Shmokhin has been appointed the position of Chief Executive Officer of Mechel Mining OAO holding company. At this position he succeeds Igor Khafizov, who had served as both Mechel Mining OAO Chief Executive Officer and Mechel Mining Management Company OOO Chief Executive Officer....

UniSource Energy Services has filed a request for new natural gas service rates that would increase average residential bills by an estimated 6% beginning in late 2009 or early 2010. UniSource Energy Services' (UES) current rates are based on costs the company incurred during 2005, and expenses have increased steadily since then. The company has spent more than $54 million since 2005 to strengthen and expand its distribution system while adding more than 5,000 new customers. In a request...

Italian utility Enel has signed agreements with Inter RAO UES to co-operate on projects in the energy sector both in Russia and other countries, and with the Russian Railways for the long-term supply of market-indexed electricity, consolidating their existing relationship. Under the terms of the memorandum of intent (MoI) between Inter RAO UES and Enel, a joint team will be formed to analyze possible development projects. Enel is already the main supplier of power to the Russian Railways...