Capital Oil & Gas, Inc. announces that at the close of business yesterday it has agreed to acquire a Ft. Lauderdale based petroleum/diesel transportation company with clients throughout the State of Florida.
The petroleum/diesel transportation company that will be acquired also has a branch/depot in Tampa, Florida and delivers to major clients such as BJ [...]

Walter Industries, Inc., a leading producer and exporter of U.S. metallurgical coal for the global steel industry, announced today that its Board of Directors has approved a plan to expand the Company’s United Land subsidiary’s surface mining operations by opening a new coal mine with 0.4 million tons of annual capacity.
The Board also approved a [...]

Solamatrix, Inc. manufacturer of solar control window film products recently opened its corporate headquarters and production facility in St. Petersburg, FL. After acquiring the assets of Film Technologies International in March 2008 including the 100,000-square-foot facility, manufacturing equipment and rights to all intellectual property, Solamatrix has already created over 60 new jobs and plans for [...]

Florida Governor Charlie Crist and Jeff Lyash, president and chief executive officer of Progress Energy Florida, unveiled plans for Sustainable Electrical Energy Delivery Systems (SEEDS), an innovative renewable energy technology that will be evaluated at two sites in St. Petersburg. The sites will serve as research hubs for unique technology that could be used [...]

Oil and gas futures prices retreated Tuesday on expectations that a government inventory report today will again show that crude and gasoline stocks rose last week.
The weekly report by the Energy Department’s Energy Information Administration has become critical for analysts and traders during a spring and early summer that have seen an unusually high number [...]

In December, when Congress moved the line on offshore drilling closer to Florida’s shores, it was touted as a major victory for Florida’s tourism-based economy because the measure preserved a significant no-drilling zone along Florida’s coastline.
But the area opened to oil and gas drilling was just a fraction of the publicly-owned waters the industry hoped [...]

TXU says it plans to build two coal-fired power plants in Texas using a cleaner-burning technology the company previously tried to discredit.
In an announcement Friday, TXU and the two investors behind the proposed $45 billion buyout of the company announced last month said they will issue a request for proposals from companies offering coal gasification [...]

The new chairman of the Senate energy committee says he has no plans to open more of the nation’s coastline to oil and gas drilling, but others on the committee say they won’t let the matter die.
At a hearing Thursday designed to assess the current state of offshore oil and gas drilling, particularly in the [...]

The Philippines’ long dormant mining sector is on the verge of taking off, with five of the world’s largest firms joining the rush to dig the country’s untapped mineral wealth, a senior official said on Thursday.
Environment and Natural Resources Secretary Angelo Reyes said he expected a mining boom in the country in 2008, despite the [...]

Southeast Supply Header, LLC (SESH) has signed three additional shippers to long-term contracts, bringing total commitments to nearly 1 billion cubic feet per day (Bcf/d), the initial proposed capacity on the new natural gas pipeline system that is anticipated to be in service by summer 2008.
Southern Company, Tampa Electric Company and EOG Resources, Inc., [...]