It is reported that as the trend continues its efforts to strengthen its operations and management team in such a hard way, freight railroad operator CSX Corp. said Tuesday its second-quarter earnings rose 19 percent on strong demand for coal, grain and metals. Besides, the company emphasizes its Full-year earnings prediction with a target of [...]

Citizens for Pennsylvania’s Future (PennFuture) heralded Secretary of Environmental Protection Kathleen McGinty as a trailblazer for Pennsylvania’s environment and economy and a truly transformative leader. PennFuture’s comments came as McGinty announced her intention to leave office on July 18, 2008.
“Secretary McGinty has created a record of unparalleled achievement for the Keystone State’s environment and economy,” [...]

Research and Markets has announced the addition of the “China Company Report — Yanzhou Coal Mining Company Limited” company profile to their offering.
Yanzhou Coal Mining Company Limited is a listed company held by Yankuang Group Co., Ltd. in controlling shares, whose shares has been listed in Hong Kong, New York, Shanghai in 1998 respectively. It [...]

EnerCom, Inc., announced today the lineup and schedule for The Oil & Gas Conference®, http://www.theoilandgasconference.com. In its 13th year, the Conference, held in Denver Aug. 10-14, is the oldest and largest energy investment conference hosted in Denver, showcasing more than 70 companies with a combined enterprise value of more than $500 billion. This premier forum [...]

Sen. John McCain, the presumed Republican nominee, wants to award a $300 million government prize to whoever can develop an automobile battery that far surpasses existing technology. That’s about $1 for every man, woman and child in the country, “a small price to pay for helping to break the back of our oil dependency,” [...]

Shares of ethanol producers dropped after a Citi Investment Research analyst said some small to mid-size companies might have to shut down soon after severe flooding in the Midwest boosted corn prices.
Analyst David Driscoll said the floods caused “irreparable damage to this year’s crop” and pushed prices up, harming ethanol margins.
“As a result of [...]

The head of DuPont Co. says the chemicals producer expects sales to solar energy customers will more than triple within the next five years.
Chief Executive Charles O. Holliday Jr., speaking at the Sanford Bernstein Strategic Decisions Conference, said DuPont expects increased demand for renewable energy sources like photovoltaics — or solar — and ethanol made [...]

Lehman Brothers analyst Paul Cheng said the EIA report was bullish for petroleum interests, but he has some concerns. Refinery runs, he said are rising as demand for gasoline and distillates weakens. Combined with new ethanol plant startups in the next few months, Cheng thinks gasoline margins may have peaked and will decline again soon.
Soleil-Back [...]

Shares of Pacific Ethanol Inc. shot up as much as 46 percent after the ethanol producer’s first-quarter results, adjusted to exclude a charge, surpassed analysts’ expectations.
For the three months ended March 31, Pacific Ethanol lost $35.2 million, or 90 cents per share, compared with earnings of $3 million, or 5 cents per share, a year [...]

Economist Jeffrey Sachs said the U.S. and European Union should reconsider their emphasis on biofuels made from crops grown on land that had previously been used to produce food. Speaking to reporters before an address to EU lawmakers, Sachs said targets to produce more such fuels “do not make sense now in a global food [...]