The Chinese firm CAMC Engineering Co. Ltd. and the Negros Southern Integrated Biofuels Company signed Monday in Nanning, China two memoranda of agreement for the construction of two ethanol plants in Negros Occidental estimated to cost $65 million, Negros Occidental 5th district Representative Ignacio Arroyo said.
President Gloria Macapagal-Arroyo graced the signing, which was among the [...]

Altra Nebraska LLC, a wholly owned subsidiary of Altra Inc. (Altra), a California-based developer of renewable fuel projects, announced at a ground breaking ceremony held today, that the Company has commenced construction on what is expected to be one of Nebraska’s largest ethanol production facilities.
Breaking ground on the 360 acre Carleton facility, a $200 million [...]

Valero Energy, which reports Q3 earnings later today, is trading 23% below its price at the start of August. The company has warned that earnings will be well below expectations, but investors, now conditioned to expect bad news from Valero, have bid the stock up 4% on the hope that results will be merely terrible [...]

It is lonely at the top and that is just where Hydrogen sits - at the top of the periodic table. It holds that position with the atomic number one. Unlike glamour elements like gold or silver, Hydrogen rarely gets noticed. It is colorless, odorless, and tasteless. The thing is, Hydrogen is also the lightest [...]

U.N. nuclear chief Mohamed ElBaradei urged the world’s nations Monday to adopt a broad new plan for the use of atomic energy to address mounting concerns about the further spread of sensitive technology.
He said a new approach is essential because rising global demand for energy has made atomic power a more attractive option and proliferation [...]

Ian Rozier, President and CEO of Eastern Platinum Limited, and Chairman of Barplats Investments Limited (”Barplats”), is pleased to report that an infill drilling program is to be conducted on the Kareespruit section of the Crocodile River Mine (”CRM”) Platinum Group Metals (”PGM”) producer in South Africa. The Kareespruit section comprises an area of approximately [...]

Lakota Resources Inc. is pleased to announce that a 4,200 metre Reverse Circulation (RC) drilling program on the Company’s 100% owned TEMBO project will commence on or about October 31, 2006. Since July 2006, the Company has completed 13,090 metres of Aircore (AC) drilling comprising a total of 1,221 shallow holes for regolith (soil) and [...]

Candente Resource Corp. and Orex Ventures Inc. are pleased to announce that drilling commenced on Thursday October 19th on the Pamel Property in Central Peru. Diamond drilling is being carried out by MDH S.A.C. of Lima, Peru. The drill being used is a Longyear 38 which is expected to be able to core to [...]

On October 30, 2006, Seadrill purchased 8,565,800 shares in Aker Drilling ASA at an average price of NOK 34.999. After these transactions Seadrill’s shareholding in Aker Drilling ASA totals 9,309,400 shares corresponding to 10.01 percent of total outstanding shares in Aker Drilling ASA.
The total ownership percentage has been calculated using an issued share capital in [...]

Kodiak Oil & Gas Corp. has provided an update on its 2006 drilling program in the Vermillion Basin in Sweetwater County, Wyo., and production update on its Williston Basin Bakken oil play in McKenzie County, N.D.
Kodiak recently commenced drilling operations on the North Trail-State #4-36, which is expected to be drilled to a total depth [...]