Search Results

Iron Ore Price and Demand Future, Vale Beats BHP, Rio as Top Pick on China Ore Demand


Cia. Vale do Rio Doce fell 27 percent this year in Sao Paulo, heading for the first annual decline since 2000. Now analysts say the world’s largest iron-ore producer is poised for its best performance in a decade.
Vale may double in the next year, more than twice the expected gains for the world’s biggest mining [...]

Rays revenue: oil-rich UAE looks to the sun for energy


The United Arab Emirates is still sitting on huge reserves of oil and natural gas, but now it plans to harness yet another of its abundant natural resources — the year-round sunshine.
In the vast desert surrounding the capital Abu Dhabi, the authorities are planning to spread arrays of solar panels to transform the blazing sun [...]

Price of natural gas makes coal king as energy source


Coal is experiencing a mini-boom as an energy source for generating electricity, thanks to soaring energy demand, abundant supplies and volatile natural-gas prices.
Utilities companies have concentrated on building cleaner-burning natural-gas power plants for the past two decades. Now, 153 new coalburning power plants are under way or being proposed nationwide, according to the National Energy [...]

Repsol YPF Launches Program to Advance Seismic Imaging Technology


Repsol YPF (NYSE:
REP), a globally integrated energy company based in Spain, today announced its launch of the Kaleidoscope Project, a “dream team” partnership of top geophysicists, computer scientists and organizations from around the world. Jointly, the team is creating a major advance in computerized techniques for seismic imaging, used to reveal structures buried deep in [...]

Coal Hard Cash for Peabody?


The world’s largest private coal producer has an innovative plan to move into the power business, but environmental groups are up in arms
The U.S. is on the cusp of a coal boom. While record oil prices have fired up interest in renewable energy sources, that other fossil fuel still generates more than half of the [...]