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Xcel Energy Plans Coal Mine Exploration and Development
Conservative coal-price predictions could skew comparisons with renewable energy
When Xcel Energy’s plan for how it will provide power to Colorado was approved recently by the state, it was lauded by environmental groups as one of the greenest and most visionary plans in the country.
Even so, the company’s estimate for what it will pay for coal [...]
Mining Exploration Investment, Trade and Market Analysist
Now, all coutry confuse about oil price, very higher oil price in every trade and market. Fluctuation oil price on market will effect to every economic and industry sector. Bellow the analysist from the head of BP, about mining exploration investment and trade-market condition.
The world is not running out of oil and can continue to [...]
Mechel Reports 2007 First Quarter Financial and Production Results
- Revenues of US$1.4 billion -
- Operating income of US$327.7 million -
- Net income of US$205 million, US$1.47 per ADR or US$0.49 per diluted share -
Mechel (Nachrichten) OAO (NYSE: MTL), a leading Russian integrated mining and steel group, today announced financial and production results for the first quarter ended March 31, 2007.
US$ thousand 1Q 2007 [...]
CNX Gas Acquires CBM and Gas Interests from Peabody Energy; CNX Gas to Pay $66.5 million for Approximately 1,037,000 Gross Acres
CNX Gas Corporation has entered into a definitive agreement to acquire the coalbed methane (CBM) and gas interests to approximately 1,037,000 gross acres from Peabody Energy. The transaction will increase CNX Gas’ gross acreage position from 2.5 million gross acres at year-end 2006, to 3.6 million, or an increase of 44%.
The transaction involves three parties. [...]
Mechel Announces Commissioning of Shearing Press at Mechel Targoviste
Mechel (Nachrichten) OAO (NYSE: MTL) announces the installation and commissioning of a new shearing press in the electric arc furnace shop at its Romanian steel plant Mechel Targoviste in compliance with its technical re-equipment plan. The work has been completed in line with the current stage of Mechel Targoviste production facilities modernization program designed for [...]
CNX Gas Leases CBM Acreage from Massey Energy
Deal Encompasses Approximately 20,000 Acres.
CNX Gas Corporation has agreed to lease approximately 20,000 acres in southwestern Pennsylvania from a subsidiary of Massey Energy Company. CNX Gas and the Massey subsidiary will jointly develop the property pursuant to an operating agreement, with CNX Gas serving as the operator and majority working interest partner. The project is [...]
CNX Gas to Present at Lehman Brothers’ 2006 CEO Energy Conference; Ronald E. Smith to Provide Operations Update, Reaffirm 2006 Guidance
CNX Gas Corporation (NYSE: CXG) will be presenting at the Lehman Brothers’ 2006 CEO Energy Conference in New York on Thursday, September 7, at 12:20 p.m. Ronald E. Smith, Executive Vice President and Chief Operating Officer, will be representing CNX Gas. The presentation will also be webcast live on the investor relations portion of the [...]
