More Wire News: POWER-GEN Worldwide

U.S. markets turn higher Tuesday morning (Feb 9, 2010)
U.S. markets swung higher Tuesday morning, turning around a three-week trend that has investors concerned a 10 percent downward correction is in play.

World stocks mixed after Wall Street decline (Feb 9, 2010)
BEIJING - World stocks were mixed Tuesday following Wall Street's decline on lingering worries about high European debt levels.

Caterpillar joins backers of power plant project (Feb 8, 2010)
MATTOON, Ill. - Caterpillar Inc., the world's largest maker of mining and construction equipment, plans to join a coalition of companies planning to build an experimental clean-coal power plant known as FutureGen, key politicians announced Monday.

China releases first national pollution census (Feb 9, 2010)
BEIJING - China has revealed its most ambitious measure of what explosive development has done to its environment, saying Tuesday its first national pollution census has mapped nearly 6 million sources of industrial, residential and agricultural waste.

Venezuela declares emergency amid energy crisis (Feb 8, 2010)
CARACAS, Venezuela - President Hugo Chavez has signed a decree declaring an energy emergency in Venezuela to facilitate his government's efforts to ease severe energy shortages.

ABB wins $104m power order in UAE (Feb 9, 2010)
ABB, a leading power and automation technology group, has won an order worth $104m from FEWA (Federal Electricity and Water Authority) in the United Arab Emirates to supply substations that will help increase power supplies in the north to meet a growing demand for electricity.

GobiMin invests in Balikun Coal Project in Xinjiang, China (Feb 9, 2010)
TORONTO, Feb. 9 /CNW/ - GobiMin Inc. ("GobiMin" or the 'Company") is pleased to announce that the Company has entered into an agreement (the "SP Agreement") with an existing shareholder (the "Vendor") of Fortune Aspect Limited ("Project Holdco") to acquire 49% equity stake in Project Holdco (the "Transaction").

AME Info, Abu Dhabi, United Arab Emirates, energy, oil and gas briefs (Feb 9, 2010)
Feb. 9--EGYPTIAN-SAUDI POWER LINKAGE PROJECT TO START IN JUNE: Egyptian electricity minister Hassan Younis has announced that a power-linkage project with Saudi Arabia will start in June.

Wholesale inventories cut 0.8 percent in December (Feb 9, 2010)
WASHINGTON - Businesses slashed wholesale inventories sharply in December, a much weaker showing than had been expected.

Universal Bioenergy Signs Letter of Intent for Multi-Million Dollar Acquisition; Planned Acquisition to Help Build Strong and Profitable Operating Company (Feb 9, 2010)
IRVINE, Calif., Feb. 9, 2010 (GLOBE NEWSWIRE) -- Universal Bioenergy Inc. (Pink Sheets:UBRG), an alternative energy company, announced today that it is has signed a Letter of Intent in a multi-million dollar deal to acquire Roblex Aviation Inc., an air cargo services company based in San Juan, Puerto Rico, as part of its continuing plans for expansion.

SoloPower Names Tim Harris as CEO (Feb 9, 2010)
SoloPower, Incorporated, a leading manufacturer of high efficiency thin-film solar photovoltaic (PV) cells and lightweight flexible solar modules, today announced the appointment of Tim Harris to the position of President and Chief Executive Officer.

Car sales off to a strong start in 2010 (Feb 10, 2010)
Feb. 10--Auto sales in January jumped by a third from a year ago, according to the joint report of the Chamber of Automotive Manufacturers of the Philippines Inc. (Campi) and Truck Manufacturers Association.

Berry Petroleum To Release Full Year 2009 Earnings and Hold Conference Call on February 25, 2010 (Feb 9, 2010)
Berry Petroleum Company (NYSE:BRY), an independent oil and gas producer, will announce on Thursday, February 25, 2010, before the market opens, financial results for the year ended December 31, 2009 and will hold a conference call on Thursday, February 25, 2010 at 12:00 p.m. ET (10:00 a.m. MT) to discuss those results.

No price relief from sugar imports seen (Feb 10, 2010)
Feb. 10--SMALL food processors and exporters warned a Malacanang order allowing state-run Sugar Regulatory Administration (SRA) to import the commodity on behalf of the private sector may do little to temper domestic prices.

Massey Energy CEO Exercises Options Within Limited Trading Window (Feb 9, 2010)
(Logo: http://www.newscom.com/cgi-bin/prnh/20071031/ MASSEYENERGYLOGO )

Blackwave Expands Business Operations to Asia (Feb 10, 2010)
Blackwave, an innovator in Internet video storage and delivery infrastructure, today announced it expanded its business operations into Asia.

Anhui to Invest Rmb52b in Infrastructures (Feb 9, 2010)
According to FDI: It was known by the reporter from the Development and Reform Commission of Anhui Province that the provincial investment in the infrastructures this year will amount to RMB52b, among which RMB30b will be used in the construction of the railway, which has been a keyword of the province in this year's infrastructures.

Progress Releases 2009 Year-end Reserves Information (Feb 9, 2010)
CALGARY, Feb. 9 /CNW/ - (TSX-PRQ) - Progress Energy Resources Corp. ("Progress" or the "Corporation") today released its 2009 year- end reserves information.

Make Your Way to the Big Screen: Toshiba Introduces "I'm on TV" Feature to TOSHIBA VISION in Times Square (Feb 9, 2010)
Toshiba America Inc. announced today that submissions are now being accepted for the second round of their "I'm On TV" program, where user-created videos will be broadcasted on the TOSHIBA VISION screen in Times Square in New York City.

Minister (Feb 9, 2010)
According to ANBA: The Brazilian minister of Development, Industry and Foreign Trade, Miguel Jorge, said this Monday (8th) that the Arab world offers "spectacular opportunities" in trade and investment.

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