Industry News

Areva and U.S. utility Xcel Energy have signed a USD500 million integrated fuel supply contract to supply Minnesota’s Monticello nuclear power plant. The General Electric BWR-3 design plant, has a current output of 613MW.

Lance Mierendorf has been appointed Wentworth Resources’ Chief Financial Officer. Geoff Bury who acted as both CFO and Managing Director will continue his role as Managin Director. A Canadian Chartered Accountant, Lance Mierendorf has over 15 year of experience in the global oil and gas industry.

The United States’ largest federally owned biomass plant could begin providing nearly half of Savannah River Site's electricity needs by January 10th.

Jacobs Engineering Group Inc. has been awarded a contract to provide engineering and procurement services for a newly formed joint venture between Honeywell and Sinochem.

The $7 billion XL Pipeline proposed by TransCanada Corp has hit a snag in the approval process.

Petrobras' CEO, Mr. José Sergio Gabrielli de Azevedo, gave a keynote address on November 1, 2011, to more than 400 participants at the annual Downstream Asia 2011 conference, in Singapore.

Siemens has appointed Paulo Ricardo Stark to serve as its new CEO in Brazil. Stark is a native of Brazil. He is an electrical engineer with wide-ranging international experience. His work for Siemens includes stints in Mexico and in several positions in Germany, where he most recently headed a Business Unit in the company's Industry Sector.

McJunkin Red Man Holding Corp. (MRC) has appointed James F. Underhill as Executive Vice President and Chief Operating Officer – North America and James E. Braun as Executive Vice President and Chief Financial Officer.

Midwest Energy Emissions Corp. ( ME2C) has appointed Alan Kelley as President and Chief Operating Officer effective November 1st. Kelley replaces Richard MacPherson, who will move to the position of senior vice president of Strategic Initiatives and will continue as a member of the company’s Board of Directors.

U.S.-based Greenleaf Biofuels is constructing its first biodiesel project, a 10 million gal/yr plant. The plant will utilize waste vegetable oil in a 10 million gallon per year (mgy) biodiesel plant located in New Haven, Connecticut.