Southern Pacific Resource Corp. announces that they have terminated the agreement with Rochester Energy Corp. The acquisition was announced previously on both May 29 and June 24, 2008. The agreement was terminated due to the inability of Rochester to meet certain conditions within the agreement.
Southern Pacific will continue with its planned work programs for the [...]

Canadian Pacific Railway Ltd. (TSX:CP) is expanding in the U.S. Midwest by paying at least US$1.48 billion for the Dakota, Minnesota & Eastern Railroad Corp., a move that will help CP Rail extend its coal and agriculture business.
“It complements what we do and creates a new footprint for growth,” chief executive officer Fred Green told [...]

Two ethanol plants in South Dakota are merging with a Minnesota company.
The deal involves Advanced BioEnergy LLC of Minneapolis and Dakota Fuels Inc., the managing partner of the Heartland Grain Fuels plants in Aberdeen and Huron.
Under the agreement, Advanced BioEnergy will own 100 percent of the Heartland partnership. Heartland owners will invest in Advanced BioEnergy [...]

New York’s attorney general and environmental conservation commissioner today said they plan to sue Rochester Gas and Electric Company for violations of the Clean Air Act at one of its coal-fired plants.
Spitzer sent the company a letter about violations at its plant in Greece, just outside Rochester.
Such a letter must be sent at least 60 [...]

South Dakota’s top elected officials joined business leaders Tuesday to urge approval of a $2.3 billion federal loan for the Dakota, Minnesota & Eastern Railroad’s expansion plan.
The project, which would haul coal from Wyoming’s Powder River Basin to Midwest power plants, also would create thousands of jobs and boost the rural economy in South Dakota [...]

Trains rumble slowly through downtown about three times a day, blocking traffic for a few minutes on the threshold of the Mayo Clinic.
The inconvenience isn’t a big deal to many of this city’s 95,000 residents. “Trains are romantic” and played a key role in the area’s history, says John Hunkele, 50, a baker.
But a plan [...]

Badger Mining Corp., a Berlin provider of specialized sand for industrial applications, has been named the best small business to work for in America by the Society for Human Resource Management (SHRM).
The SHRM in Alexandria, Va., is a human resources management association comprised of more than 210,000 individual members. The association released its third annual [...]