Cameco Corp., the world’s largest uranium producer, said first-quarter profit fell 47 percent from a year earlier, when utilities stocked up on the metal. Cameco forecast higher sales in the second quarter.
Net income fell to C$59 million ($53 million), or 16 cents a share, from C$112 million, or 30 cents, a year earlier, Saskatoon, Saskatchewan-based [...]
Tokyo Electric Power Co. (9501.TO) will purchase more oil, liquefied natural gas and coal this fiscal year ending March 2008 due to falls in its nuclear power plant operation rates, company president Tsunehisa Katsumata said Friday.
The company plans to buy 17.5 million metric tons of LNG this fiscal year, up 4.2% on year. Of this, [...]
A vice president of Foundation Coal Holdings Inc. exercised options for 20,875 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Thursday.
In a Form 4 filed with the SEC, Greg A. Walker reported he exercised options for the shares Thursday for $4.87 apiece, and then sold all [...]
The chairman, president and chief executive of Parker Drilling Co., which provides drilling and related services to the oil and gas industry, exercised options for 600,000 shares of common stock, according to a Securities and Exchange Commission filing.
In a Form 4 filed with the SEC Tuesday, Robert L. Parker Jr. reported he exercised the options [...]
Coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The nation gets 78 percent of its electricity from coal, spurring [...]
National Mineral Development, India’s biggest state-run iron-ore producer, said it will spend a total of 135 billion rupees, or $3.2 billion, to raise output, build steel and iron plants and invest in coal mines overseas.
The company, based in Hyderabad, will invest 35 billion rupees to raise iron-ore production 85 percent, the company’s chairman, B. Ramesh [...]
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 [...]
Aegean Marine Petroleum Network Inc. announced that it will hold a conference call to discuss the Company’s results for the fourth quarter and full year of 2006 on Thursday, March 1, 2007 at 9:00 a.m. Eastern Time. The Company will issue financial results for the fourth quarter and full year ended December 31, [...]
BRUSSELS - Arcelor Mittal, the company formed last year in the largest- ever takeover in the steel industry, said Wednesday that 2006 profit fell 3.5 percent because of higher taxes and it announced plans to hand $2.4 billion to shareholders.
Net income fell to $7.97 billion from $8.26 billion, based on figures calculated as if the [...]
Analytical Surveys, Inc., a San Antonio-based oil and gas company focused on participation in non-operating exploration and production of U.S. onshore oil and natural gas reserves, and formerly a service provider to the geographic information systems (GIS) markets, today announced that it received notice on February 16, 2007, from the Nasdaq Stock Market indicating that [...]
