Shares of several U.S. aluminum producers moved higher Friday as low inventories and tight supply raised prospects for continued price hikes.
Barclays Capital said in a research report that demand growth for aluminum, though slower this year than last, has remained robust.
Also, consumer inventories of aluminum are at relatively low levels in both the U.S. and [...]
Indonesia has denied that it will set a quota for coal exports as it wants to reserve the coal for future use.
The reports had prompted rising interest in the country’s natural resources from energy-hungry China and India.
The reports were baseless and the new mining law likely to be passed by Parliament by June would in [...]
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 [...]
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 [...]
Donnie Lewis says he’d quit the coldest, dirtiest job he’s ever known — drilling in Canada’s oil-rich bogs for Suncor Energy Inc. — if it wasn’t for the free private room, maid service and five-course meals.
“I wouldn’t do it if I had to share a room with six other fellows, all snoring and making a [...]
Masquerading as activists battling coal plants, Big Gas is squaring off against Big Coal in a polished campaign run by a Hollywood ad agency.
Natural gas companies, calling themselves the Texas Clean Sky Coalition, have been fighting coal plant proposals with full-page advertisements in the state’s major daily newspapers.
Utilities have proposed at least 17 new coal-fired [...]
Westar Energy knew its coal-fired plant was in trouble.
The Kansas company wanted to build a $1 billion, 800-megawatt power plant, but construction costs kept rising as global demand for steel and other materials skyrocketed. Soon $1 billion became at least $1.4 billion — costs ultimately passed to consumers.
Faced with sobering numbers, the utility in January [...]
California’s march toward reducing heat-trapping gases caused by burning coal shouldn’t cause an immediate drop-off in demand for Wyoming coal and could mean new opportunities for power generated in Wyoming, two state officials said.
On Thursday, the California Public Utilities Commission voted to ban three companies that supply most of the state’s power from buying electricity [...]
French oil giant Total plans to invest another six billion dollars in Indonesia’s oil and gas sector over the next five years, chairman Thierry Desmarest has said.
“We plan to continue with many projects and we will increase by six billion dollars our investment in oil and gas exploration and production, especially in Kalimantan, in [...]
French oil giant Total plans to invest another $6 billion in Indonesia’s oil and gas sector over the next five years, chairman Thierry Desmarest has said.
“We plan to continue with many projects and we will increase by $6 billion our investment in oil and gas exploration and production, especially in Kalimantan, in the next five [...]
