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Senate advances $29 billion in taxes for oil companies to pay for renewable energy
A proposal to hit oil companies with $29 billion in new taxes advanced in the Senate on Tuesday, targeting the money to energy conservation, wind turbines, electric hybrid cars and clean coal technology.
The massive tax package, double what Democrats had discussed as recently as last week, is “designed to promote clean and sustainable energy,” said […]
Canadian firm hopes to reopen old mine
Halfway up a stone-strewn hillside, Rob Wetzel picks up a fist-sized rock glittering in the morning sun.
“Quartz monzonite,” he says. “Those sparkles are copper minerals.”
Towering 200 feet above Wetzel are the remains of the Engels Mine processing plant, which produced 161 million pounds of copper from 1915 until 1930. Below him, Lights Creek cascades out […]
Pan African Mining Corp.’s Sakoa South Coal Project Greenlighted by Malagasy Government
PAN AFRICAN MINING CORP. is pleased to announce that it has now received full environmental permitting from the Malagasy Government to commence exploration and development of its interests in the Sakoa South Coal deposit. The Company holds Research Permits covering 64 squares, which represents an area of approximately 400 sq. km., in Southwest Madagascar. It […]
Control oil well-ness and gas
Ailing residents believe nearby oil and gas drilling is to blame for their conditions, but proof of any link remains elusive.
Dry Hollow - Dee Hoffmeister awoke at 3 a.m. early in March with her head spinning. The oversized red numbers on the alarm clock were a blur. She couldn’t get out of bed without her […]
Interior expands offshore oil and gas drilling off Alaska, Virginia
The Interior Department announced a major expansion of offshore oil and gas development Monday with proposed lease sales covering 48 million new acres off Alaska, in the eastern Gulf of Mexico and in the central Atlantic off Virginia.
The 3 million acres that are 50 miles off Virginia’s coast would require Congress to lift a long-standing […]
U.S. Reveals Its Plan for Drilling Off State’s Shores
The Interior Department yesterday unveiled its proposal for expanding offshore oil and gas drilling, including a 2.9 million acre triangular area 50 miles or more off the coast of Virginia that could be leased by late 2011.
Members of Congress and environmental groups criticized the proposal, calling for increased energy efficiency and other measures to meet […]
Industry praises drilling proposal
The Interior Department’s rollout Monday of a finalized proposal to open 48 million acres of off-limits federal waters for exploration and drilling drew praise from the oil and gas industry, though some said the move would barely tap vast undiscovered resources.
“Most U.S. offshore areas in the lower 48 states and some 80 percent of the […]
Industry praises drilling proposal
The Interior Department’s rollout Monday of a finalized proposal to open 48 million acres of off-limits federal waters for exploration and drilling drew praise from the oil and gas industry, though some said the move would barely tap vast undiscovered resources.
“Most U.S. offshore areas in the lower 48 states and some 80 percent of the […]
Feds propose offshore drilling expansion
The Interior Department announced a five-year plan Monday that would expand oil and gas drilling in the Gulf of Mexico and set a 2011 lease-sale date for waters off the coast of Virginia.
Interior Secretary Dirk Kempthorne said he included Virginia in his five-year plan at the request of state officials. Drilling in the area has […]
