Canada Southern Petroleum Ltd. announces that it has received an updated reserve report with an effective date of September 30, 2006 from GLJ Petroleum Consultants, its independent petroleum reserve engineers. The reserves, and associated present value estimated before income tax future net revenue, relating to the Company’s Western Canadian conventional oil and gas properties [...]
Oil and gas producer Occidental Petroleum Corp. said Wednesday its third-quarter earnings fell 33 percent from year-ago results that included hefty one-time gains.
The latest results were just above Wall Street estimates, however.
“Sharply higher crude oil prices and a strong performance from our chemicals business were key drivers in our financial performance in the quarter,” said [...]
A tax credit for alternate power generation is again being debated by the state Legislature.
A draft measure that would provide credits for developing wind, geo-thermal and solar energy was discussed at the Revenue and Taxation Committee today. The bill stalled in the last lawmaking session because income tax restructuring threatened [...]
A five year contract has been ratified by union members at Canada’s largest copper mine, Highland Valley in British Columbia.
The agreement with Canadian miner Teck Cominco includes wage increases of 4% annually, in addition to a separate wage category negotiated for traders and technical people.
Local 7619 of the United Steelworkers told Dow Jones Newswire if [...]
After more than two years of working diligently to make an ethanol plant near Erskine a reality, Agassiz Energy, LLC is inching nearer to its goal of starting construction in April 2007. By the end of this month, the company will have taken a giant leap with two major components in the process completed.
Beginning Oct. [...]
Questerre Energy Corporation and Stylus Energy Inc. are pleased to announce that construction and commissioning of the Vulcan central oil battery and gas compression facility is complete.
The gas compression facility provides flexibility to deliver gas to a second gas plant in the area and removes the pipeline capacity constraints on Vulcan gas production. It also [...]
Michele Reid was ready to install a solar panel system on the roof of her family’s home last year, until Belmont building officials told her the installation permit fee would be $1,200. It made her reconsider.
“The payback period on the panels is very long to begin with. We’re doing it because we want to help [...]
Suedzucker AG, the world’s biggest sugar processor, said second-quarter profit advanced 1.9 percent, the first gain in more than a year, as the costs of expanding into ethanol production fell.
Net income rose to 63.4 million euros ($79.4 million) in the three months ended Aug. 31, from 62.2 million euros a year earlier, Mannheim, Germany-based Suedzucker [...]
SkyPower Wind Energy Fund LP (the “Partnership”) announced today that Terrawinds Resources Corp. (”Terrawinds”) continues to experience delays in obtaining various regulatory approvals for its 201 MW wind park in Rivière-du-Loup, Québec (the “Facility”). Terrawinds had initially expected to complete the installation of up to 26 test wind turbines (the “CRCE Phase”) prior to December [...]
U.S. Energy Corp. and Crested Corp. , d/b/a USECC, today announced the signing of a Letter Agreement with Kobex Resources Ltd. (TSX Venture Exchange: KBX.V - News) whereby Kobex can acquire a 50% interest in the Companies’ Lucky Jack (formerly known as Mt. Emmons) molybdenum deposit in west-central Colorado (the “Project”).
On October 6, 2006, U.S. [...]
