Paris-based International Energy Agency has put coal in the future energy mix.
Due to strong demand, record oil and gas prices, concerns over energy security and a reluctance to fully bring back nuclear energy, coal has seen a resurgence in the European energy market.
It’s a trend that has been seen in the United States and Asia [...]
Shares of most aluminum producers rose Monday as prices for the commodity rose, offsetting a warning from a Deutsche Bank analyst.
FBR Capital Markets analyst Amir Arif said in a client note that he is “most concerned about (Pittsburgh-based Alcoa Inc.), not so much on the expected first quarter 2008 results, but on second quarter 2008 [...]
Despite a swarm of economic problems and rising fossil fuel costs, last year was a banner year for clean energy, according to an outlook report by Clean Edge, a research and publishing firm.
According to Clean Edge’s report, biofuels (global production and wholesale pricing of ethanol and biodiesel) reached $25.4 billion in 2007 and are projected [...]
Gold briefly pushed past the psychologically important $1,000 mark Thursday, as investors poured money into the metal to hedge against a tumbling dollar, soaring crude prices and a shaky U.S. economy.
Gold’s rally lifted other commodities, with silver, platinum and soybean futures all trading higher. Crude oil hit a trading record of $111 but fluctuated between [...]
The biggest German power company, EON, plans to sell its high-voltage network in anticipation of new European Union rules, press reports said on Thursday.
Plans to split off distribution networks worth more than one billion euros (1.5 billion dollars) were “well advanced” and EON chief executive Wulf Bernotat had already informed German Chancellor Angela Merkel, the [...]
Canadian Pacific Railway Ltd. (TSX:CP) is expanding in the U.S. Midwest by paying at least US$1.48 billion for the Dakota, Minnesota & Eastern Railroad Corp., a move that will help CP Rail extend its coal and agriculture business.
“It complements what we do and creates a new footprint for growth,” chief executive officer Fred Green told [...]
Texas, as everyone knows, does everything big. Its giant oil and gas fields dominate America’s energy patch. It is now the nation’s largest wind power producer, with more than 2,000 turbines gathering some of the country’s strongest currents. It gets the booby prize for being the biggest producer of greenhouse gases.
And now Texas faces [...]
Tidelands Oil & Gas Corporation, a midstream oil and gas project development company, announced the appointment of Terry Mitchell as the new Vice President of Esperanza Energy LLC, reporting directly to James B. Smith, Tidelands’ President and Chief Executive Officer. Esperanza Energy LLC is a 100% wholly owned subsidiary of Tidelands focused exclusively on developing [...]
HOUSTON – Texas, as everyone knows, does everything big. Its giant oil and gas fields dominate America’s energy patch. It is now the nation’s largest wind producer, with more than 2,000 turbines gathering some of the country’s strongest currents. It gets the booby prize for being the biggest producer of greenhouse gases.
And now [...]
Noble Energy, Inc. announced planned capital expenditures of $1.42 billion for 2007. Capital expenditures for 2006 totaled $1.87 billion, including $0.52 billion for acquisitions.
Approximately 26 percent of the 2007 capital program has been allocated for exploration opportunities including lease acquisitions and seismic, and 74 percent is dedicated to production, development and other projects. The domestic [...]
