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Brazilian Mining Company to Buy Inco of Canada
Ending a series of takeover battles that will bring Canada’s two largest mining companies under foreign control, Inco, which mines nickel, agreed Sunday to be acquired by Companhia Vale do Rio Doce of Brazil.
The purchase by the Brazilian company is worth about $17 billion and will help ensure that Companhia Vale do Rio Doce, or [...]
Oil Mining Price Higher In Trade and Market After OPEC Reject Exporters
Oil prices surged to near all-time highs Monday after OPEC oil exporters rejected Western calls to increase output and ease supply pressures.
New York’s main oil contract, light sweet crude for delivery in May, jumped 2.86 dollars to close at 109.09 dollars per barrel after an intraday high of 109.48 dollars.
Brent North Sea crude for May [...]
Giant Industries, Inc. Files 2006 Annual Report
Giant Industries, Inc. announced today that its 2006 Annual Report on Form 10-K has been filed with the Securities and Exchange Commission. Shareholders can contact the Company to obtain a copy of the company’s audited financial statements free of charge.
Giant Industries, Inc., headquartered in Scottsdale, Arizona, is a refiner and marketer of petroleum products. Giant [...]
Crist calls for congressional investigation into soaring gas
Governor Charlie Crist and 21 other governors are calling for a congressional investigation into soaring gas prices.
The bipartisan group of governors has sent a letter to congressional leaders requesting the investigation as the average price of gas has topped three dollars, twenty cents a gallon nationwide.
Prices at the pump in Florida are averaging three dollars, [...]
Union Drilling CEO Exercises Options
Union Drilling Chief Executive Christopher Strong Exercises 20,000 Options.
The president and chief executive of oil and gas driller Union Drilling Inc. exercised options for 20,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Wednesday.
In a Form 4 filed with the SEC, Christopher D. Strong reported he [...]
