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Random News from Mining Top News

Occidental to Develop Major New Texas Enhanced Oil Recovery Assets, Increasing U.S. Production

July 1st, 2008

Occidental Petroleum Corporation announced an agreement with SandRidge Energy to develop a West Texas hydrocarbon gas processing plant and related pipeline infrastructure that will provide carbon dioxide (CO2) for use in Oxy’s enhanced oil recovery (EOR) projects. The new CO2 resources are expected to expand Oxy’s Permian production by a minimum of 50,000 barrels [...]

Evolution Petroleum Corp. Announces Fiscal Year 2006 Earnings Call

September 28th, 2006

Evolution Petroleum Corporation announced that it filed its form 10-KSB for the year ended June 30, 2006 .
Management will host a conference call today to discuss these results at 4:30 p.m. Eastern Time (3:30 p.m. Central Time). To participate in the conference call, dial 877-704-5384. International callers, please dial: 913-312-1297. No Passcode is required.
The conference [...]

Drilling firm expands use of protective mats

August 28th, 2006

A major energy producer is expanding its use of moveable wooden mats where it sinks new natural gas wells in western Wyoming.
For the past nine months, EnCana Corp. has been laying down 8-by-12-foot mats built from planks around its drilling rigs to help sensitive plants recover more quickly from the booming natural gas development.
[...]

Trial in coal contract dispute to begin

June 1st, 2007

Opening arguments are expected today in a lawsuit that pits a steel maker against West Virginia’s largest coal company.
Wheeling-Pittsburgh Steel Corporation is suing a subsidiary of Richmond, Virginia-based Massey Energy for failure to deliver coal to the steel producer’s coking operation in Follansbee.
Wheeling-Pitt sued Central West Virginia Energy Company in April 2005 claiming the company [...]

Uranium Resources, Inc. Completes Private Offering

May 18th, 2008

Uranium Resources, Inc., a uranium exploration, development, mining and production company, announced today the closing of a negotiated private placement transaction with institutional investors for shares of its common stock. The sale raised $14,304,300. The net proceeds of the offering are for the acquisition, permitting, exploration and development of additional properties in Texas and for [...]

Top 5 Largest Uranium Miners

February 22nd, 2007

Ever wonder who the top uranium miners are? Here are top 10 uranium-producing countries by tonnes U, and the top 5 uranium miners by market capitalization. You’ll notice some interesting relationships in the country data, and may recognize a name or two in the market cap section. These are just some ideas to get [...]

Patriot Coal Negotiates Comprehensive Environmental Settlement

February 6th, 2009

Patriot Coal Corporation said that it has entered into a consent decree with the United States Environmental Protection Agency (EPA) and the West Virginia Department of Environmental Protection (WVDEP) to resolve claims under the Clean Water Act relating to Patriot’s mining activities in West Virginia.
“Consistent with our corporate mission to be a good steward of [...]

Nuclear and coal seen in energy strategy

July 9th, 2006

The government is expected this week to open the way to new nuclear power stations when it spells out how it will keep the lights burning at the same time as trying to meet its international obligations to tackle global warming.
But while backing big power in the shape of nuclear and so-called clean coal, the [...]

BMB Munai: Kariman-2 Drilling Finished

January 9th, 2007

BMB Munai, Inc. said that drilling of the Kariman-2 well was finished on December 25, 2006, by its drilling contractor. Drilling operations were concluded at the depth of 3,535 meters, upon reaching the end of the targeted Middle Triassic horizons. The well was spudded on August 15, 2006, and is the first well drilled from [...]

Noble acquires offshore license area from ConocoPhillips

July 7th, 2006

Noble Energy Inc. said Thursday it has acquired ConocoPhillips’ 50 percent participating interest in the PH-77 license offshore the Republic of Cameroon.
Houston-based Noble (NYSE: NBL) did not disclose financial terms of the deal.
The acquisition of an interest in the PH-77 license area represents Noble’s initial entry into the Republic of Cameroon and its first partnership [...]