| Triad firms get green stimulus grants Two Triad-based technology companies are among 18 statewide that will receive grants of up to $100,000 to develop and market green and alternative energy technologies and products, according to an announcement from the office of Gov. Beverly Perdue. bizjournals.com |
Enterprise Products buys Chevron pipelines Enterprise Products Partners LP has purchased three natural gas liquids pipeline systems from Chevron Midstream Pipelines LLC. (EPD) bizjournals.com |
China Integrated Energy Announces Acquisitions of Three Gas Stations in Shaanxi Province, China (PR Newswire) China Integrated Energy, Inc. , a leading non-state-owned integrated energy company in the People's Republic of China, today announced that it has reached separate agreements to acquire three gas stations located near the city of Xi'an, Shaanxi Province, PRC: Andong gas station, Jindou gas station and Xianyang Jinzheng gas station, which are all located close to the city of Xi'an, Shaanxi Province, PRC. us.rd.yahoo.com |
Helmerich & Payne Expects Venezuelan Devaluation to Impact Its Second Fiscal Quarter (PR Newswire) Helmerich & Payne, Inc. announced today that it expects its second fiscal quarter of 2010 to be impacted by the currency devaluation recently announced by authorities in Venezuela. Â The Company's preliminary estimates regarding the impact of this devaluation on its consolidated financials indicate that it will probably result in an exchange loss of approximately $20 million to be recorded in the second fiscal quarter ending March 31, 2010. Â Not included in this estimate is the decline in value of the uncollected invoices issued since the Company changed its revenue recognition to cash basis for its Venezuelan operation. Â Given that these uncollected invoices are not included in the Company's consolidated accounts receivable, their reduction in value is not expected to generate additional exchange losses. Â Preliminary estimates indicate that the value of future potential collections related to these unrecorded invoices, previously disclosed at approximately $61 million, could decline by 25 to 35 percent. us.rd.yahoo.com |
SRP releases water from dams, expects full reservoirs Salt River Project began releasing water from its dams along the Verde River on Thursday in response to torrential rains that brought heavy flooding to the state. bizjournals.com |