Halliburton and PETRONAS Carigali Collaborate for the Evaluation and Development of Shale Resources Feb 10, 2012 02:17PM

KUALA LUMPUR, Malaysia--(BUSINESS WIRE)-- Halliburton (NYSE: HAL) and PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) have signed a Framework Agreement for the evaluation and development of global shale resources. The signing ceremony was held on Feb. 9, 2012, at the KL Convention Centre in Kuala Lumpur.

This collaboration will enable PETRONAS Carigali to shorten its in-house capability development by leveraging on Halliburton’s technology and experience in the North America shale industry. Halliburton will work with PETRONAS Carigali to set up a Shale Technical Centre of Excellence in Kuala Lumpur.

Halliburton has experience in all of the active major shale basins. The company is aggressively expanding its global infrastructure to support shale development outside of North America.

“One of the cornerstones of Halliburton’s strategy is to maintain leadership in unconventional plays,” said Jeff Miller, Halliburton’s senior vice president of Global Business Development and Marketing. “Expanding into the Asia Pacific market and providing the same quality level of service we already provide in North America fits into that strategy.”

Halliburton currently employs more than 5,600 people in the Asia Pacific region.

ABOUT HALLIBURTON

Founded in 1919, Halliburton is one of the world’s largest providers of products and services to the energy industry. With nearly 70,000 employees in approximately 80 countries, the company serves the upstream oil and gas industry throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production through the life of the field. Visit the company’s website at www.halliburton.com.

HalliburtonFor Investors:Kelly Youngblood, 281-871-2688Halliburton, Investor Relationsinvestors@halliburton.comorFor Media:Beverly Blohm Stafford, 281-871-2601Halliburton, Corporate Affairspr@halliburton.com

Source: Halliburton


Disabled Veterans National Foundation Announces Free Webinar to Help Veterans Find Employment Feb 10, 2012 02:16PM

On-Line Forum February 28th Designed to Assist and Support Veterans Get the Job They are Seeking

WASHINGTON--(BUSINESS WIRE)-- The Disabled Veterans National Foundation (www.dvnf.org), a non-profit veterans service organization that focuses on helping men and women who serve and return home wounded or sick after defending our safety and our freedom, is urging all veterans to participate in an upcoming webinar which will offer free tips on more effective job searches. The webinar is open to all veterans, active duty, reservists or retired members of the U.S. Military, and those supporting veterans – including Veteran Service Officers, spouses, and family members. The web forum will be a 4 part mini series offering tips on how to make a better resume as well as on how to more effectively interview for a job. To register, click here: http://dvnf.org/webinar.php.

“We know there are nearly 900,000 unemployed veterans in the U.S. and most of them want to work,” said Raegan Rivers, Chief Administrative Officer of DVNF. “We also know the unemployment rate for veterans returning from Iraq and Afghanistan is higher than 12% and the percentage is even higher than that for veterans coming home with physical or emotional impairment resulting from their service for our nation.”

DVNF also recently launched Employment and Career Assistance Resource Services to help disabled and underserved veterans access job benefits created by the VOW to Hire Heroes Act that was recently signed into law by President Obama. The webinar is open for any active duty or retired U.S. Military of Reservists. The webinar will last less than 1 hour and will allow attendees to submit questions before and during the webinar. The featured speaker is Rod Dillehay - who has more than 20 years experience of screening, interviewing and hiring candidates for jobs ranging from $20,000-$175,000 in starting salary.

For more on Veterans Support Services provided by the DVNF, go to www.dvnf.org or click here to register: http://dvnf.org/webinar.php.

Disabled Veterans National FoundationRaegan Rivers, 202-737-0522Chief Administrative Officerrrivers@dvnf.org

Source: Disabled Veterans National Foundation


Razor® Unveils Flashy New Ride and Performance Scooters at American International Toy Fair Feb 10, 2012 02:16PM

NEW YORK--(BUSINESS WIRE)-- Razor USA LLC, innovators of outdoor fun and home of the iconic Razor kick scooter, will unveil new rides at the 2012 American International Toy Fair in New York, February 12-15, 2012. Razor is known for reinventing classic rides with the latest technology and serious cool factor, and their 2012 product line-up, featuring the FlashRider 360 three-wheeler and the Pro collection of performance scooters, is no exception.

Razor Unveils FlashRider 360 three-wheeler at Toy Fair 2012 (Photo: Business Wire)

“At Razor, our mission is to deliver products with intense play value,” said Razor's Founder and President, Carlton Calvin. “Innovation, high quality and cool design. It's what Razor fans expect.”

Occupying booth #3039 at the Javits Convention Center, Razor will display their impressive 2012 product line-up, in addition to the broad range of Razor rides such as quality kick scooters, unique ride-ons and electric-powered scooters and mini-motorcycles. Razor's new products include:

Razor® FlashRider™ 360 three-wheeler

Yet another Razor improvement on the classic three-wheeler of the 1970s, the FlashRider 360 turns, drifts and sparks! Riders engage the Spark Bar while riding for real sparking action and a flashy riding style. Now kids can spin and spark!

Product features include:

  • Revolutionary design and the ultimate spinning, drifting and sparking thrills
  • Spark Bar with replaceable Spark cartridge for real sparking action
  • Rear, dual-inclined caster wheels for resistance-free drifting and spinning action – 360 degrees
  • Rugged, all-steel frame and double crown fork
  • MX-style handlebars with rubber grips

Ages: 6+ (maximum rider weight 160 pounds)MSRP: $119.99Availability: Spring 2012

Razor® Pro Series

Freestyle scootering is one of the fastest-growing new action sports across the globe, and the new Razor Pro scooter collection takes it to the next level for serious scooter riders. As the sport progresses, Razor meets the demands of competitive scooter riders with individual features and multiple models to choose from. The Razor Pro line, including Pro X, Pro XX and Pro XXX, is tested by Team Razor pro riders and made with features such as:

  • High-tech materials, 100% aircraft-grade aluminum and 4130 CroMoly steel
  • Alloy core wheel hubs
  • New deck sizes and unique designs with full deck grip tape
  • Hard, fast-rolling wheels with RZR Pro bearings
  • Rigid downtube

Ages: 8+ (maximum rider weight 160 pounds)Pro X™, MSRP $89.99Pro XX™, MSRP $109.99Pro XXX™, MSRP $129.99Availability: Spring 2012

Razor always advocates safety and recommends riders wear the proper safety gear, use common sense and check and obey local laws regarding use of any product on public property.

About Razor USA LLC

The Razor brand embodies the spirit of fun and freedom. It defies boundaries and sometimes even gravity. The company was founded in 2000 with the introduction of its now legendary kick scooter, which quickly became an essential ride for anyone on the go. Today, Razor products are available worldwide, with a full range of wheeled goods to inspire and excite riders everywhere.

From day one, Razor has focused on providing the very best riding experience. The company combines cutting-edge technology, high-quality materials and strict safety standards to deliver a product that is designed to suit riders’ evolving lifestyle. Cool products and great value have distinguished Razor as a trusted global brand and industry leader.

Based in California, USA, the company sponsors Team Razor, a group of pro scooter athletes. Razor has helped usher in the action sport of scootering, which has evolved from local skate parks to global competitions and tours.

For more information, please visit www.razor.com

Editor's Note: Hi-res images and product samples available upon request

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50165214&lang=en

Razor USA LLCSheena Stephens, PR Director818-519-1188sheena@razorusa.com

Source: Razor USA LLC


SBA Disaster Loans Available in Indiana Following Secretary of Agriculture Disaster Declaration (13010) Feb 10, 2012 02:15PM

ATLANTA, Feb. 10, 2012 /PRNewswire-USNewswire/ -- The U.S. Small Business Administration announced today that federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture and most private non-profit organizations of all sizes located in the counties of Elkhart, LaPorte, St. Joseph and Steuben in Indiana because of excessive rain, high winds, hail, freeze, frost, blizzard, tornadoes, flooding and lightning that began on February 1, 2011.

(Logo: http://photos.prnewswire.com/prnh/20110909/DC65875LOGO)

"These counties are eligible because they are contiguous to one or more primary counties in Michigan.  The Small Business Administration recognizes that disasters do not usually stop at county or state lines. For that reason, counties adjacent to primary counties named in the declaration are included," said Frank Skaggs, director of SBA's Field Operations Center East in Atlanta.

"When the Secretary of Agriculture issues a disaster declaration to help farmers recover from damages and losses to crops, the Small Business Administration issues a declaration to assist eligible entities affected by the same disaster," Skaggs added.

Under this declaration, the SBA's Economic Injury Disaster Loan program is available to eligible farm-related and nonfarm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture enterprises, SBA cannot provide disaster loans to agricultural producers, farmers, or ranchers. 

Loan amounts can be up to $2 million, with interest rates of 3 percent for non-profit organizations and 4 percent for small businesses.  Terms can be up to 30 years.  The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources.  The agency sets loan amounts and terms based on each applicant's financial condition.  These working capital loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  The loans are not intended to replace lost sales or profits.

Disaster loan information and application forms may be obtained by calling the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or by sending an e-mail to disastercustomerservice@sba.gov.  Loan applications can be downloaded from the SBA's website at www.sba.gov.  Completed applications should be mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.  Those affected by the disaster may also apply for disaster loans electronically from SBA's website at https://disasterloan.sba.gov/ela/.

Completed loan applications must be returned to SBA no later than September 27, 2012.

For more information about the SBA's Disaster Loan Program, visit our website at www.sba.gov.

Contact: Michael LamptonPhone: 404-331-0333

SOURCE U.S. Small Business Administration


Pennsylvania Governor Corbett Discusses Budget Proposal, Praises Local Bethlehem Employer's Contribution to Community Feb 10, 2012 02:15PM

Budget Plan Focuses on Job Creation and Economic Opportunity

BETHLEHEM, Pa., Feb. 10, 2012  /PRNewswire-USNewswire/ -- Governor Tom Corbett today discussed his 2012-13 budget proposal during a visit to Lehigh Valley Plastics (LVP), where he cited the Northampton County employer as an example of the kind of innovation and resiliency state government must support in order to bring real job growth to the region.

"I hope all of you will ask your legislators to pass the budget I proposed earlier this week," said Governor Corbett. "It is built the way you build your own household budgets: you spend no more than you have.  Given that the state spends your money, I think you can agree the philosophy appeals to most working Pennsylvanians."

The $27.14 billion proposal maintains Corbett's commitment to balance the state budget. It closes a projected revenue shortfall of more than $700 million and reduces spending by more than $20 million.

Importantly, it meets the state's pension obligations and does not raise taxes for residents or businesses.

The governor's proposed budget focuses on five key areas: economic opportunities, education, human services, public safety and streamlining government.

"By keeping taxes low and holding down government spending, this leaves more money in the part of the economy that creates the best jobs -- the free market," said Corbett.

Governor Corbett's proposed budget accomplishes the following:

  • Reduces spending from last year, reducing the state government workforce by an additional 2 percent, eliminates 33 wasteful appropriations, reduces 181 additional line items and reduces the state vehicle fleet by 1,200 vehicles.
  • Creates job opportunity by holding the line on taxes, supporting Pennsylvania's small and large businesses and focusing state efforts on workforce development and job matching.
  • Increases funding to basic education, continues level funding for our community colleges and universities dedicated to job placement, and creates new programs that give students incentives for training for occupations that are in high need of employees. 
  • Levels funding for the Department of Corrections for the first time in a decade, increases the funding for PA Board of Probation and Parole to support transition from incarceration to community, provides funding for volunteer fire companies and provides funding for 115 state police troopers. 
  • Transforms the public welfare system by providing incentives to those who are able to transition from the welfare line to the workforce, providing real relief to our poor and safeguarding taxpayer dollars through the elimination of waste, fraud and abuse. 

"I'm happy to be here to talk about jobs, the economy and how we can work together to build both," said Corbett.

Established in 1971, LVP is a state-of-the-art plastic fabricator, distributor, injection-molder and machining company. Sixty-five percent of LVP's customers are based in Pennsylvania and 70 percent of its raw materials are purchased from Pennsylvania-based suppliers. Currently, LVP employs 120 individuals and in 2011 they became a management-owned business. 

For more information, visit www.governor.pa.gov.

Media contact: Kelli Roberts, 717-783-1116

SOURCE Pennsylvania Office of the Governor


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