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Alpha Gets Low-Cost Wyoming Coal With Foundation Buy
Alpha Natural Resources Inc.’s $2 billion acquisition of Foundation Coal Holdings Inc. gives the company access to low-cost Wyoming surface mines as stricter regulation makes work in Appalachia more costly.
EC Harris Wins Major Oil and Gas Exploration Contract in Saudi Arabia
EC Harris has secured a major oil and gas contract in Saudi Arabia.
The built asset consultancy has been appointed by ATCO Group’s engineering and construction division in Saudi Arabia to deliver project control services. The eight to 12 month contract could be worth in excess of $2 million.
Mining Companies Withdraw Application For Coal-Drying and Synthetic Natural Gas Plants in North Dakota
Companies planning coal-drying and synthetic natural gas plants in southwestern North Dakota say the projects are not connected. Opponents aren’t so sure.
Natural Resource Partners Buy Mine Coal Reserves and Infrastructure Assets
In the latest of corporate changes for the former Monterey coal mine near here, it appears a new operation tapping into the mine’s coal reserves is in the works.
Coal Mine Producer, Peabody Reported Fourth Quarter Earning 2008
Before market opens on Tuesday, one of the world biggest coal producer, announce reported earning for the fourth quarter and full-year 2008.
Boom in US Production Drives Down Natural Gas Prices
Natural gas prices have fallen dramatically this year much like crude prices, but shrinking demand is only one culprit. The other is a gas glut from a boom in U.S. production.
Power Producer Dynegy Reevaluting to Develop Coal-Fired Plants
Power producer Dynegy Inc is reevaluating its role in developing new power plants, including two coal-fired plants currently under construction in Texas and Arkansas, Chief Executive Bruce Williamson said.
Citing the high cost of capital and difficulty in permitting new coal-fired power plants, Williamson said the company wants to protect cash flow and avoid complex financial [...]
Houston Lake Mining Begin advance seeking Gold Mine in Ontario
Houston Lake Mining Inc. an advanced exploration company seeking gold, platinum group and rare metal deposits in Ontario, is pleased to announce that a 2000m (6,560 ft.) diamond drill program has commenced on the Dubenski Shaft Zone historic gold resource. Drilling by Houston Lake last winter has defined the Shaft Zone to a depth of [...]
Expanded oil drilling approved in LA County
Los Angeles County supervisors approved new regulations that will govern expanded oil drilling near southwest Los Angeles.
Residents who live near the oil field in Baldwin Hills expressed their concerns at the Board of Supervisors meeting. The board then voted unanimously to approve the new rules Tuesday.
Last week, the board created a Community Standards District that [...]
