Cameron International Corp., which makes oil and gas industry equipment, said Friday its current backlog will drive earnings growth in 2007.
Total backlog at year-end was up 63 percent to $3.53 billion. Based on that, the company sees 2007 earnings between $3.65 and $3.85 per share, while analysts polled by Thomson Financial see 2007 earnings of [...]

A win for Air Products and a win for Surface Combustion, Inc. led to a big win for JMA Heat Treating (JMA) in its quest to enhance its production capabilities at its Houston, Texas heat treating facility. JMA was able to take advantage of the innovative joint marketing relationship between Air Products and Surface [...]

Gazprom, the world’s largest producer of natural gas, and Russia’s largest enterprise, has disclosed that it is considering a plan to explore for gas and oil in Equatorial Guinea.
A Gazprom spokesman told Mineweb that Gazprom’s deputy chief executive, Alexander Medvedev, was in Equatorial Guinea this week, and met the President, the Minister of Power, and [...]

A dispute between Belarus and OAO Gazprom that threatens to interrupt gas supplies to the European Union next week may lead to a more integrated EU energy policy and greater diversification of energy sources.
Gazprom changed a June demand that Belarus pays four times more for its gas next year into a request this week [...]

From President George W. Bush’s push to ramp up the country’s nuclear industry to Asia’s growing uranium demand to the catastrophic disaster at Cigar Lake, yellowcake has seen an extremely bullish year. And analysts are calling for an even better year in 2007.
Uranium began the year at about $36.25/lb. Today’s weekly price is $72.00/lb, showing [...]

Scotiabank Vice President, Industry and Commodity Market Research Patricia Mohr has forecast uranium and zinc as her top picks for investors in 2007, with precious metals, particularly silver, expected to benefit from further weakness in the U.S. dollar.
In her recently published analysis, Mohr said uranium was the third-best performing commodity this year “and will likely [...]

OPEC, whose member nations produce 40 percent of the world’s oil, said yesterday it would cut output by 1.9 percent in February. OPEC also accepted Angola as a member to gain greater control over global crude supplies.
Production will be pared by 500,000 barrels a day as of Feb. 1, OPEC President Edmund Daukoru told journalists [...]

Energy ministers from the U.S., China, India, Japan and South Korea are gathering in Beijing Saturday for a meeting aimed at boosting China’s influence over key energy markets while alleviating worries over its huge and growing appetite for oil.
The talks, hosted by China’s top economic planner, Ma Kai, are part of a broad diplomatic offensive [...]

California Polytechnic State University’s (Cal Poly) Engineering West will dedicate its new solar photovoltaic energy system on December 7 at 11 a.m.
The Cal Poly solar panel system, part of an extended California State pilot program, was installed in September 2006 at no cost to the university. The system, which is expected to generate 263,000 kilowatt [...]

The first press conference for Wind Power Shanghai 2007 & Exhibition was held in the China World Hotel in Beijing on November 24, 2006, attracting over 50 representatives from embassies, media and enterprises.
The conference was chaired by Qin Haiyan, General Secretary of the China Wind Energy Association (CWEA), Li Junfeng, General Secretary of the Renewable [...]