Search Results
Russia’s Steel Companies Hold Negotiations With Iron Ore Mining Companies
On April 1, the start of China’s fiscal year, Russia’s steel producers hold negotiations with iron ore miners to work out the terms of their annual contracts.
Oil High Price Analysist and Find More Reason from ConocoPhillips VP
It’s the high costs of the difficult to reach and developing basins now being tapped to supply this nation’s growing demand for natural gas that have driven prices to a new level, and those costs won’t go away regardless of the worldwide price of oil, a ConocoPhillips vice president recently told Natural Gas Intelligence [...]
Rio Tinto makes a recommended all cash offer for Alcan
Rio Tinto and Alcan today announced they have reached an agreement for Rio
Tinto to make an offer to acquire all of Alcan’s outstanding common shares for US$101 per common share in a recommended, all cash transaction. The offer represents a total equity consideration for Alcan of approximately US$38.1 billion.
The offer represents a premium of 65.5 [...]
Growth Forecast, Oil Demand to Slow in 2015
The report, which assumes no changes will be made to energy policies and regulations, estimated global energy demand — for oil, natural gas, coal, nuclear and renewables — will rise by 57 percent over the next 25 years.
Over that same period, coal’s share of world energy demand will rise to 28 percent, up from 26 [...]
Global customer value cited as Emerson honored for fourth consecutive year
For the fourth year in a row, Frost & Sullivan has selected Emerson Process Management, an Emerson business, as Company of the Year for industrial automation and process control. The 2007 Company of the Year Award recognizes Emerson for continuously providing services and innovations that help its customers worldwide drive their performance to new heights [...]
European wind companies grow in U.S.
New worries about the environment, technology advances and tax break extensions are empowering European wind energy companies to try their luck in the United States.
The U.S. has led the world in installing new wind turbines for the past two years, but it still ranks behind Germany and slightly below Spain in wind power production, according [...]
Flooding at Canada Uranium Mine Is Tied to Blasting by Cameco
Cameco Corp. announced at 2:11 a.m. on Oct. 23 that its Cigar Lake uranium mine in northwest Canada had flooded after a “rock fall,” jeopardizing the world’s richest undeveloped source of nuclear fuel.
In the six months since, Cameco has said little about the circumstances behind a disaster that will delay production at its $25.5 billion [...]
Flooding at Canada Uranium Mine Is Tied to Blasting by Cameco
Cameco Corp. announced at 2:11 a.m. on Oct. 23 that its Cigar Lake uranium mine in northwest Canada had flooded after a “rock fall,” jeopardizing the world’s richest undeveloped source of nuclear fuel.
In the six months since, Cameco has said little about the circumstances behind a disaster that will delay production at its $25.5 billion [...]
The price of coal is poised to rebound on demand from China
The price of coal is poised to rebound from a two-year slump as China buys more than it exports for the first time in history.
Power use in China, the world’s biggest coal producer, is rising 13 percent annually, and utilities are building plants at a record pace. The country gets 78 percent of its electricity [...]
