Waste-to-Energy Technology for Production of Hydrogen Based Fuels as a Replacement of Acetylene for Cutting Fuels Becomes Top Priority For Major Utility & Public Service Companies

CORAL SPRINGS, Florida, September 30, 2015 /PRNewswire/ --

Alternative fuels production offers huge opportunities with diversification ranging from waste-to gas, coal-to-ethanol and natural/industrial gas innovations for the Chemical Production & Diversified Integrated Oil & Gas sector.  Basic Material Companies in focus today are: MagneGas® Corporation (NASDAQ: MNGA), Praxair, Inc. (NYSE: PX), Resolute Energy Corporation (NYSE: REN), Air Products & Chemicals Inc. (NYSE: APD) and Halliburton Company (NYSE: HAL)

MagneGas® Corporation (NASDAQ: MNGA) Signs New Agreement with AWISCO of New York to Supply MagneGas2® Fuel to FDNY, and Multiple Utility Companies.  MNGA, a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that the Company has signed a new gas distribution agreement with AWISCO Corp. of New York ("AWISCO"). 

Read the full MNGA Press Release at:  http://www.financialnewsmedia.com/profiles/mnga.html

Under the terms of the agreement, AWISCO will be the exclusive supplier of MagneGas2® fuel in certain areas of New York, Connecticut and New Jersey.  As part of the agreement, AWISCO will be supplying the Fire Department of New York, and several major electric Utility Companies with MagneGas2® fuel. The Company had a previous relationship with AWISCO which has now been renewed and expanded to include new locations and MagneGas2® fuel.  "We have worked with MagneGas2 extensively during recent demonstrations at utility companies and other industrial customers.  I am thrilled at the opportunity of representing this incredible product in our region. The feedback that we have received has been unanimously positive and we look forward to becoming the leading supplier of MagneGas2 in our region," commented AWISCO President Lloyd Robinson.

In other chemical/natural - industrial gases developments:  Praxair, Inc. (NYSE: PX), a global leader in the production and supply of helium and other industrial gases, announced that it has signed a long-term agreement with Castleton Commodities International (CCI) for the refining and purchase of helium.  CCI, a leader in gas processing in the Four Corners region of the U.S., owns and operates a gas processing facility and helium refinery in Utah. Praxair has been actively developing helium-rich natural gas fields in the region, including helium associated with a recently announced purchase agreement with Nacogdoches Oil & Gas. With Praxair's additional feedstock, CCI will restart its idled refinery, which can produce up to 150 million cubic feet per year of liquid helium.

Resolute Energy Corporation (NYSE: REN) recently announced that it has commenced a limited marketing process for its Gardendale property in Midland and Ector counties, Texas in the Permian Basin. The Company will assess market feedback and potential valuation, among other factors, in determining whether or not to pursue a sale of some or all of its interest in the property.  The Company has engaged Petrie Partners, LLC and BMO Capital Markets as financial advisors in connection with this transaction.

Air Products (NYSE: APD) will feature its advanced copper barrier slurries for the electronics industry at the International Conference on Planarization Technology (ICPT), being held at the Wild Pass Horse Hotel & Casino in Chandler, Ariz., from Today, September 30-October 2.  As part of the conference's Technical Sessions, Air Products will present a paper titled "Attributes of an Advanced Node Copper Barrier Slurry" on today at 9:35 a.m.in the Ironwood Room. The work highlights a new barrier slurry formulation that significantly boosts overall removal rates through the use of chemical additives combined with an optimized abrasive, resulting in increased removal rates and reduced defects compared to current commercial offerings.

Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) recently announced that the companies will market for sale additional businesses in connection with Halliburton's pending acquisition of Baker Hughes. Pursuant to the Merger Agreement, and in order to permit completion of Halliburton's acquisition of Baker Hughes, the following additional businesses are intended to be divested: Halliburton's expandable liner hangers business, which is part of the company's Completion & Production Division; Baker Hughes' core completions business, which includes: packers, flow control tools, subsurface safety systems, intelligent well systems, permanent monitoring, sand control tools and sand control screens; the Baker Hughes sand control business in the Gulf of Mexico, including two pressure pumping vessels; and Baker Hughes' offshore cementing businesses in Australia, Brazil, the Gulf of Mexico, Norway, and the United Kingdom.

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DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand seven hundred dollars for news coverage of the current press release issued by MagneGas® Corporation by a non-affiliated third party.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

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