News archive for December, 2006

Results 81 - 90 of about 384 news for the month of December, 2006.

Salisbury native to lobby for petroleum marketers

December 27th, 2006

Salisbury native Sherri Cabrera has joined the Petroleum Marketers Association of America in Washington, D.C., as the organization’s new director of legislative affairs.
Cabrera was born in Salisbury and attended Knox Middle School before her family left Salisbury. Her father, Ed Stone, now lives in Greensboro, but her grandmother, Margaret Schumaker, lives at Salisbury Gardens nursing [...]

Explosion reported at Colorado mine

December 27th, 2006

Authorities were investigating reports Tuesday morning of an explosion at a uranium mine in the foothills west of Denver.
An electrical transformer appeared to be on fire near the mine, but it wasn’t immediately clear if that was the cause of the reported explosion.
The Jefferson County Sheriff’s Department received the report of a possible explosion at [...]

Uranium and zinc top investor picks for 2007 and silver and nickel to benefit too

December 27th, 2006

Scotiabank Vice President, Industry and Commodity Market Research Patricia Mohr has forecast uranium and zinc as her top picks for investors in 2007, with precious metals, particularly silver, expected to benefit from further weakness in the U.S. dollar.
In her recently published analysis, Mohr said uranium was the third-best performing commodity this year “and will likely [...]

Jinchuan Nickel’s Philippine mine negotiations deadlock

December 27th, 2006

Jinchuan Nickel Group’s proposed nickel mining project on Nonoc Island in the Philippines is on hold because its partner kept raising its terms on the back of a buoyant nickel market, a company official said today.
The negotiations have been difficult in [...]

Cattlemen concerned about ethanol growth

December 27th, 2006

The men and women who shepherd cattle from birth to the slaughterhouse door like the idea of ethanol — just not so much of it so fast.
A jump in corn prices — fueled largely by the demand from ethanol refiners — has made it more expensive to feed cattle.
“This has been a monumental change in [...]

Rare Cactus May Impact Oil Drilling

December 27th, 2006

The U.S. Fish and Wildlife Service will study whether a rare cactus should be protected as an endangered species, which could affect oil drilling in the Uinta Basin.
Fish and Wildlife is taking the action — the first step toward deciding whether to list the plant as protected — in response to a 2005 lawsuit by [...]

Essar bets big on drilling

December 27th, 2006

The Essar group may invest $400-600 million over the next few years to gain a sizeable presence in both land and offshore drilling services.
Essar Oilfields Services Ltd, the unlisted subsidiary of Essar Shipping and Logistics, will oversee the group’s efforts in this direction. Sources said Essar Oilfields is planning to have a “diversified and [...]

Coal-based clean fuel oil project to be built in Jilin

December 27th, 2006

A coal-based clean oil project will be developed in northeastern China’s Jilin Province, an official with US-based Universe Gas and Oil Co. said.
Zhang Shuang, an official with the company, said Universe Gas and Oil planned to invest RMB 400 million ($51.28 million) in the project, with 500,000 [...]

Tatonka Oil and Gas announces spud of 1st coal bed methane well

December 27th, 2006

Tatonka Oil and Gas, Inc. has spud the first of five Coal Bed Methane (CBM) appraisal wells on its leasehold of over 15,000 acres in the Sand Wash Basin of northwestern Colorado.
The Eldon Gerber 7-24-7-92 is targeting the Williams Fork Formation (Mesaverde Group) coals above an estimated total depth of 4,000 feet.
Management anticipates the well [...]

China To Keep Liberalizing Coal Prices, Link Elec To Coal

December 27th, 2006

China will continue to liberalize domestic coal prices in 2007 and adjust state-set electricity prices in tandem with coal price changes, the country’s top economic planner said Tuesday.
Coal supply and demand is expected to be balanced in 2007, but shortages could occur in some regions due to limited transportation capacity, the National Development and Reform [...]