Beacon Redevelopment Industrial Corporation announced that it’s wholly owned subsidiary Beacon Energy Corporation has finalized and completed the purchase of 100% of the coal rights for two parcels of land totaling 1020 acres in Westmoreland County, Pennsylvania. The coal forms part of the Upper and Thick Freeport Coal Seams in Western Pennsylvania.
Beacon Energy Corporation will [...]

U3O8 Corp., a Canadian uranium exploration company, regrets to report that an aircraft that was undertaking a geophysical survey for Prometheus Resources Limited, a wholly owned subsidiary of U3O8 Corp., has been reported missing with three people on board in Guyana. The last communication from the aircraft was on the afternoon of Saturday, November 1, [...]

The American Coalition for Clean Coal Electricity (ACCCE) issued this statement in response to Oregon Governor Ted Kulongoski’s state climate change agenda:
“ACCCE expresses deep concern with the governor’s decision to develop emissions standards for new energy production sources, ensuring they be ‘at least as clean as natural gas’. This action would preclude any new coal [...]

Spectra Energy Partners, LP, in response to strong market interest for additional market outlets and increased access to Appalachian natural gas supplies, is planning a further expansion of its East Tennessee Natural Gas (ETNG) system.
After evaluating the requests received from the Greenway open season held in February, ETNG has determined the facilities required for the [...]

CONSOL Energy Inc.’s Buchanan Mine near Mavisdale, Va. resumed production on Tuesday, September 30, 2008, as all remaining seals in the previous area of concern are at or above 120 pounds per square inch in compliance with federal regulations.
The area in the Buchanan Mine that was being sealed is the area of the mine where [...]

Massey Energy’s Superior Surface Mine was given a National Award for Excellence in Surface Mining by the U.S. Office of Surface Mining Reclamation and Enforcement (OSM) at the MINExpo 2008 sponsored by the National Mining Association in Las Vegas, NV.
Located in Logan County, WV, Superior was given one of four national awards for excellence in [...]

Superior Well Services, Inc. announced that it entered into a definitive asset purchase agreement to acquire certain oilfield service assets from Diamondback Holdings, LLC, a privately-owned company. Pursuant to the terms of the agreement, Superior will acquire Diamondback’s pressure pumping, fluid logistics and completion, production and rental tools business lines for $270.0 million in cash, [...]

GeoMet, Inc. announced that the Virginia Supreme Court unanimously ruled in its favor in the pipeline right of way dispute between the Company and CNX Gas Company LLC . The opinion issued this morning reversed the interlocutory order issued May 23, 2007 by the Circuit Court of Buchanan County, Virginia and held that a lease [...]

TECO Energy announced the formation of a new subsidiary, SeaCoast Gas Transmission, LLC, to develop and own a high-volume Florida intrastate natural gas transmission pipeline.
Natural gas continues to play a major role in serving the incremental energy needs in the State of Florida, and this new subsidiary provides TECO Energy with an opportunity to participate [...]

FreightCar America, Inc. reported financial results for the three months ended June 30, 2008. For the second quarter of 2008, sales were $141.3 million and net loss was $0.9 million, or a net loss of $0.08 per diluted share. These results include charges related to a loss contingency reserve due to sharp material cost increases [...]