Arcelor Mittal , the world’s largest steelmaker, said on Monday it was ready to go forward with its mining development agreement in Liberia.
It said the agreement will bring the African nation over $1 billion of investment and will create 3,500 direct jobs.

The rapid expansion of the ethanol industry is helping to boost Asian imports of distillers grain, a byproduct of the alternative fuel used as high-protein livestock feed.
The U.S. Grains Council is working to expand markets for DDGS - or dried distillers grains with solubles - in Japan, Taiwan, Vietnam and China, said Cary [...]

Petrolifera Petroleum Limited announced today that its RN.PM a-1032 well, situated southwest of the recently-tested 1019 oil well on the northern portion of its Puesto Morales Block in the Neuquén Basin, Argentina, is in the process of being cased as an indicated multi-zone oil discovery after completion of drilling and logging procedures. This marks the [...]

Ohio’s troubles with coal mines could become a big headache for the state’s next governor, Ted Strickland.
When Strickland takes office next month, he might have to deal with a threatened federal takeover of Ohio’s coal programs.
But the governor-elect says that if Ohio needs to raise more money to clean up bankrupt mines, he will present [...]

The Chinese company Bosai Minerals Group Co., Ltd is the preferred bidder for the Omai Bauxite Mining Company Limited (OBMI) at Linden, according to sources.
Bosai, a privately-owned Group has interests covering industrial minerals manufacturing and international trading. Its main products are metal-grade Alumina, Brown Fused Alumina, Calcined Bauxite, Coke and Ferro-Alloys, according to its website.
At [...]

Magnum Energy Inc. & ECFL - are currently engaged in drilling, acquiring, and producing oil reserves in West Texas oil fields. Geologists have confirmed multiple pay zones and have estimated reserves at over a million plus barrels in one particular location. Magnum is preparing to start a drilling program to begin the recovery process in [...]

Chevron Corp. will spend $19.6 billion in 2007 drilling new oil and natural gas wells, building offshore platforms and upgrading gasoline refineries — a 22.5 percent increase over the company’s capital expenses this year.
The San Ramon energy giant reported Thursday that it will use about 75 percent of the money to boost production of oil [...]

Highlands Oil Co. and Mid-State Energy Inc. are combining offices at a new location at 1130 N. Scenic Highway in Lake Wales.
The two divisions, which are owned by the same company and specialize in petroleum products, also will add three buildings to the property’s 10 acres.
It will include a 6,000-square-foot and 5,400-square-foot flex-space buildings and [...]