A spate of oil and gas pipeline deals has boosted mergers and acquisitions for the industry by nearly 30 percent this year, but soaring prices are turning off many potential buyers.
Demand has driven up valuations for the limited supply of properties for sale, and many pipelines have become too expensive for the tax-free master limited [...]

Just as the U.S. House of Representatives prepared to end a quarter-century federal moratorium on offshore drilling for oil and natural gas, environmentalists and Gov. Mark Sanford expressed their concerns about how such a move would affect South Carolina’s coastline and the state’s $10 billion tourism industry.
They were joined by energy experts, economists and trade [...]

Canada will look to defend its massive energy exports at a Group of Eight industrialized nations summit in St. Petersburg, Russia mid-July, officials said.
“The issue of energy, energy security, energy supply is very important to Canada,” a senior official told reporters at a summit briefing in Ottawa.
“It’s very important that Canada as an exporter be [...]

LABOR said today it would support any government offer of cheap coal for North Korea to get the rogue state back into peace talks and put an end to the missile crisis..
The Australian newspaper reported today that Australia is prepared to offer North Korea a cheap secure energy deal, probably coal shipments, in a bid [...]

High fuel prices and renewed emphasis on energy independence could have consumers pumping gasoline made from coal in the not-too-distant future.
It’s not a pie-in-the-sky dream, researchers say, but proven technology pioneered in Germany and utilized in South Africa for more than 20 years.
Coal-to-liquid plants are now being proposed across the U.S., and West Virginia is [...]

Mitsui Babcock Energy Ltd. has won a $100 million contract to build a clean-coal power plant in Kentucky.
The West Sussex, England-based company, which has its American headquarters in Atlanta, is partnering with the No. 1 power-plant builder the United States, Bechtel Group, to build the $1-billion-plus facility, according to the Atlanta Business Chronicle, a sister [...]

FuelCell Energy, Inc. (NasdaqNM:FCEL), a leading manufacturer of ultra-clean electric power generation plants for commercial, industrial, and government customers, today announced development of a cost-efficient system to separate pure hydrogen from a gas mixture that then can be sold as fuel for hydrogen vehicles or industrial uses. The U.S. Department of Defense (DoD) has awarded [...]

EnerCom, Inc. announced today the lineup for The Eleventh Oil & Gas Conference(TM), www.theoilandgasconference.com. The Conference, held in Denver Aug. 13-17, 2006, is the largest energy investment conference hosted in Denver, showcasing more than 90 companies with a combined enterprise value of more than $300 billion. This premier forum offers institutional investors, energy research analysts, [...]

U.S. Sen. Pete Domenici, a key lawmaker on energy issues, said the Senate is likely to follow the lead of the House of Representatives and pass legislation this month to allow more drilling for oil and natural gas in federal waters.
“I remain optimistic … that we can pass a bill in the Senate in July,” [...]

Many farmers appreciate MFA Oil. The energy cooperative, controlled by its farmer-members, produces fuel and lubrication products and manages bulk petroleum and propane plants in the Central US. Operating 120 propane plants, the company sells more propane for farm use and home heating than any other company in Missouri. It also operates 120 bulk plants [...]