Enbridge Inc. and BP Pipelines Inc. announced they have entered into an agreement to develop a new delivery system to transport Canadian heavy crude oil from Flanagan, Illinois, to Houston and Texas City, Texas, using a combination of existing facilities and new pipeline construction where required.
The new delivery system is expected to be in service [...]

Alcoa Inc. announced that it has reviewed Alcan’s continuity agreement with the Government of Quebec which identifies the requirements that Alcoa must meet regarding Alcan’s future operations in the Province in order to maintain certain of Alcan’s hydroelectric and water rights. In a letter to Alcan’s Board of Directors, Alcoa outlined the many ways in [...]

Energy industry executive Paul Prager and Natural Gas Partners (”NGP”), the leading investment franchise in the energy industry, today announced that they have entered into an agreement to acquire the domestic independent power production and power development business units of MDU Resources Group, Inc. in a transaction valued at $636 million. The business being [...]

When some of the industry’s top executives gather in Houston next week to discuss global energy challenges, finding new and more effective ways to produce oil and gas — as well as alternatives to fossil fuels — will dominate the discussion.
And, as the year progresses, expect to see industry leaders — including the chiefs [...]

With dwindling oil supplies, pollution concerns and the ever-present threat of gas prices soaring again, talk of new and better ways to fuel cars, heat and cool homes, and power factories has never been greater.
What’s more, the conversation is emanating increasingly from a source that’s been surprisingly quiet until recently — the oil companies themselves.
When [...]

Peter Hambro Mining plc issues this statement as an unaudited update on 2006 trading and in advance of its full year results announcement.
Trading Up-date Highlights for 2006
• Total attributable gold production increased by 5% to c.261,000 ounces
• Pokrovskiy Rudnik gold production increased by c.11%
• Gold recovery rates remained stable, even when treating primary ores, [...]

It’s the busiest time of year for the natural gas drilling business, and while the sector is active, weak commodity prices have cast an uncertain outlook over the year ahead.
The season got off to a slow start because warm weather in northern Alberta and British Columbia earlier this winter slowed the ground from freezing, which [...]

Kencana Petroleum Bhd, scheduled for listing on the Main Board of Bursa Malaysia on Dec 15, 2006, expects group revenue to exceed RM800 million in 2007.
Executive chairman Datuk Mokhzani Mahathir said the group had registered a revenue of RM473 million for the year ended July 31, 2006, and expected this to be enhanced by securing [...]

Environmentalists are unimpressed by reports this week of a massive, new oil find in the Gulf of Mexico.
“If it turns out to actually have amount of oil that they’re currently speculating, the fact is it’s just a fraction of the oil we use every day as a nation,” Mark Farullo, director of the organization Environment [...]

Delta Petroleum (Nachrichten) Corporation , an independent energy exploration and development company (”Delta” or “the Company”), today reported operating results for the second quarter and first half of 2006.
RESULTS OF OPERATIONS
For the quarter ended June 30, 2006, the Company reported net income of $4.2 million, or $0.08 per fully diluted share, and EBITDAX (defined below) [...]