Shares of oil and gas explorer and producer Goodrich Petroleum Corp. on Friday dropped more than 4 percent, after the company offered $125 million in notes to help pay down current debt.
Shares of Goodrich Petroleum dropped $2, or 4.6 percent, to $41.96 in afternoon trading on the New York Stock Exchange.
Net proceeds will be used [...]

Some 300 people from more than a dozen countries have gathered here for the Indigenous World Uranium Summit, and Navajo officials hope to join forces with them to keep the sprawling reservation off-limits to future uranium mining.
President Joe Shirley Jr. said during his welcoming address Thursday that the job of protecting land, water and people [...]

A new report says Canada has surpassed one gigawatt — a billion watts — of installed wind-power capacity.
Ernst and Young Renewable Energy Group says Canada is the 12th country in the world to surpass the one-gigawatt threshold.
The report credits provincial support, noting that Quebec and Manitoba have set ambitious wind-power targets.

Cameco Corp. says it is laying the groundwork for an expected boom in uranium demand from China, as the Chinese and Canadian governments pursue talks that would facilitate Canadian exports to the nuclear weapons state.
But Canada is lagging Australia, its main competitor in the uranium exporting business, which signed a deal earlier this year with [...]

A major resource company says a uranium mine could open in north-west Queensland as early as 2010.
Summit Resources hopes the federal Labor Party will relax its policy ban on new uranium mines at its national conference next April.
Managing director Allan Eggers told a mining conference in Mount Isa, the region’s uranium deposits could generate up [...]

CanAlaska Uranium Ltd., www.canalaska.com, is pleased to announce that it has entered into an option agreement with the Fond Du Lac Denesuline First Nation to undertake uranium exploration on its reserve lands. The Fond Du Lac lands are located on the northern rim of the Athabasca Basin in Saskatchewan, Canada and covers 38,458 hectares (95,030 [...]

Angola, sub-Saharan Africa’s second largest oil producer, is seeking to join the Organisation of Petroleum Exporting Countries to reap the gains of being within the cartel, the government has said.
“The council of ministers has said it backs Angola joining
OPEC,” finance ministry spokesman Bastos de Almeida told AFP Thursday.
“By joining OPEC, Angola will no longer be [...]

A fight to get a share of federal oil revenue for Louisiana is coming down to the wire, and supporters are making the last-minute push to anyone who will listen.
Advocates made their appeal Thursday to a group of more than 20 of the country’s lieutenant governors.
Flying high above New Orleans, Delaware’s lieutenant governor saw the [...]

The attorney general’s office has opened an investigation into the Viking Oil Co. of Winthrop after more than 1,000 customers may not receive heating oil deliveries for which they already paid up front.
NewsCenter 5’s Pam Cross reported that Viking Oil, a family-owned business, has been around for 30 years until Wednesday when it closed its [...]

Golden Odyssey Mining Inc. announces the results of its follow-up drilling at the Morningstar property, Esmeralda County, Nevada. The target at Morningstar is a “world Class” deposit containing in excess of one million ounces of gold.
Previous work (reported earlier) has identified a large mineral system hosted by a sequence of strongly faulted calcareous and siliceous [...]