Massey Energy Co. Chief Executive Don Blankenship said the nation needs an energy policy centered on coal, but wholesale changes are needed to mine it safely and competitively.
Blankenship spoke Wednesday at the Bluefield Coal Symposium. The three-day meeting continued Thursday with a presentation by West Virginia’s new mine safety chief, Ron Wooten, in his first […]
Mechel [RTS: MTLR], a leading producer of special steel and alloys, said Friday it has started operation of a new coal mine, which cost $100 million to build.
It said the Olzherasskaya mine, in southwestern Siberia, will increase the company’s coal output by 1.8 million tons in 2007. The new mine has a design capacity […]
A string of recent mine closures has cut at least 14 million tons of production from eastern coal mines, an executive with Pittsburgh-based Consol Energy said Thursday.
But the cutbacks represent a relative drop in the bucket for the coal industry. Mines east of the Mississippi River produced more than 493 million tons of coal in […]
Evolution Petroleum Corporation announced that it filed its form 10-KSB for the year ended June 30, 2006 .
Management will host a conference call today to discuss these results at 4:30 p.m. Eastern Time (3:30 p.m. Central Time). To participate in the conference call, dial 877-704-5384. International callers, please dial: 913-312-1297. No Passcode is required.
The conference […]
On Track Innovations Ltd, (OTI) today announced that Chevron Corporation , has chosen OTI to be the provider of its EasyFuel petroleum payment and automated fuel management system. EasyFuel provides oil companies with the ability to sign long term contracts with fleets, assuring the correct grade and amount of fuel is dispensed into an […]
Flair Petroleum Corporation (PINK SHEETS: FPMC) reports that it has entered into an agreement which gives the Company the exclusive right to acquire a 100% working interest in leases consisting of in excess of 1000 acres in the Asphalt Ridge Tar Sands deposit from the surface down to 1000 vertical feet, located in the prolific […]
The Ministry of Petroleum has prepared an incentive-laden upstream Petroleum Policy 2006, to secure investment for oil and gas sector. The petroleum ministry officials are busy with the consultant to give the new policy final shape before it is submitted to the federal cabinet for approval.
Pakistan has offered incentives to oil and gas companies in […]
Bonaventure Enterprises Inc. is pleased to announce that drilling will begin at the Squaw Creek Property and at the New Pass Property within the next two weeks Due to the increased demands on the drilling industry in Nevada, drill rig availability has caused our drilling program to be slightly behind schedule.
- Squaw Creek Property - […]
After a half-century of training students to become leaders in the oil and gas industry, the Department of Petroleum Engineering at Stanford University has changed its name and expanded its academic mission. While continuing to offer master’s and doctoral degrees in petroleum engineering, the newly christened Department of Energy Resources Engineering also plans to add […]
Puda Coal, Inc., a leading supplier of China’s highest grade metallurgical coking coal — which is used to make coke for steel manufacturing, announced today Q3, Q4 and full year ‘06 revenue guidance.
Puda anticipates third quarter revenue of approximately $38 million, as compared to revenue of $18 million in Q3 ‘05 — a 111% increase.
The […]