Archive for February, 2007

A cleaner source of coal power

February 3rd, 2007
A cleaner source of coal power

The new, cleaner coal technology “integrated gasification combined-cycle” - better known as coal gasification - holds promise as part of Wisconsin’s next generation of baseload power plants, a state report concludes.
The Department of Natural Resources and the Public Service Commission have been studying coal gasification, which is being pushed by environmentalists but has elicited a [...]

Colombia Coal Mine Deadly Gas Explosion Bury 31 Miners In Tunnels

February 3rd, 2007
Colombia Coal Mine Deadly Gas Explosion Bury 31 Miners In Tunnels

On Saturday, a rescue official said, “An explosion tore through a coal mine in remote northeast Colombia, burying at least 31 miners in tunnels filled with deadly gases.”
The Director of civil defense in Norte de Santander state, Fernando Rosales said, “Emergency crews have not yet been able to enter the mine. Hopes of finding the [...]

Pollution from trains complicates coal plan

February 3rd, 2007
Pollution from trains complicates coal plan

Locomotive trains hauling coal to a slew of proposed new power plants in North Texas would emit enough pollution that local leaders may have to consider more drastic measures than already planned to meet federal ozone regulations, a state analysis concludes.
TXU Corp. and energy industry advocates insist that the coal-fired power plants planned to be [...]

Alcan reporting quarterly profit

February 3rd, 2007
Alcan reporting quarterly profit

Alcan Inc., the Canadian aluminum supplier and bauxite miner, said Wednesday it swung to a profit in the fourth quarter on higher aluminum prices and sharply lower restructuring charges.
Alcan, based in Montreal, reported net income of $422 million, or $1.13 per share. The latest quarter included a gain of $97 million, or 26 cents per [...]

Posco Discusses Cooperation With European Steelmakers Mittal and Arcelor, No Commitments Made

February 2nd, 2007
Posco Discusses Cooperation With European Steelmakers Mittal and Arcelor, No Commitments Made

South Korean steelmaker Posco discussed ways to cooperate with the European steel company being created by the combination of Mittal and Arcelor on Friday, but said it reached no firm commitments.
The meeting came amid increased consolidation and attempts to forge alliances in the global steel industry.
Mittal Steel Co. NV, based in the Netherlands, agreed to [...]

Ronson Corporation Declares 5% Stock Dividend on Common Stock

February 2nd, 2007
Ronson Corporation Declares 5% Stock Dividend on Common Stock

Ronson Corporation reported:
DECLARATION OF 5% COMMON STOCK DIVIDEND — The Company’s Board of Directors on February 1, 2007 declared a 5% stock dividend on the Company’s outstanding common stock. The 5% stock dividend is payable on April 16, 2007 to stockholders of record March 30, 2007. The 5% stock dividend will increase the outstanding common [...]

United Fuel & Energy to Present at the 2007 IPAA OGIS Small Cap

February 2nd, 2007
United Fuel & Energy to Present at the 2007 IPAA OGIS Small Cap

United Fuel & Energy Corporation, a leading distributor of gasoline, diesel, propane and lubricant products to customers in the rural markets of the southwestern and south central U.S., announced today that the company will participate in the IPAA 2007 Oil & Gas Investment Symposium (OGIS) for small cap companies to be held February 6-8, 2007.
Chuck [...]

Holly Energy Partners Fourth Quarter 2006 Earnings Release and Conference Call

February 2nd, 2007
Holly Energy Partners Fourth Quarter 2006 Earnings Release and Conference Call

Holly Energy Partners, L.P. plans to announce results for the quarter ended December 31, 2006 on February 5, 2007, before the opening of trading on the NYSE. The partnership has scheduled a conference call on February 5, 2007 at 10:00AM EST to discuss financial results. Listeners may access this call by dialing (888) 548-4639. The [...]