Answers may be ‘blowing in the wind’ Nov 12, 2008
Overstreet said the group does not plan on any representative from the wind energy companies to be present at the meeting. The wind farm companies have not been specifically asked to join the meeting, Overstreet said. (Rensselaer Republican, IN)
World stocks suffer broad drops on gloomy economic outlook Nov 12, 2008
As oil prices dwindled on worries of falling demand, shares in energy companies like Exxon Mobil, Chevron and Royal Dutch Shell dropped. Hess Corp. was down 8 percent. (International Herald Tribune -- Business)
MARKETS: Asian shares decline; Europe expected to open higher Nov 12, 2008
Energy companies have tumbled 58 percent and materials producers slid 54 percent this year, the biggest declines among the 10 industry groups on MSCI Asian index. . (International Herald Tribune)
Net firms face constant attack Nov 12, 2008
Power and energy companies are the favourite targets, with financial service firms coming second. It is so volatile that we do not know what is going to hit us next week. (Yahoo News -- Computer Viruses & Worms)
Canada's Dollar Declines for a Second Day on Concern Commodities May Fall Nov 12, 2008
Energy companies are scaling back development of Canadian oil sands, the world's biggest energy reserves outside Saudi Arabia. The Canadian Association of Petroleum Producers cut its forecast for spending next year by 20 percent to C$16 billion ($13. (Bloomberg -- Canada)
Al Gore For Secretary of State Nov 12, 2008
Gore, who is described in the piece s tagline bio as an investor in alternative energy companies , explains another solution to the energy problem: Here s what we can do -- now: we can make an immediate and large strategic investment to put people to work replacing 19th-century energy technologies that depend on dangerous and expensive carbon-based fuels with 21st-century technologies that use fuel that is free forever: the sun, the wind and the natural heat of the earth. That s great -- but we... (Human Events Online)
State, FERC Thawing an Icy Relationship Nov 12, 2008
Perhaps no single issue illustrates the ongoing tensions better than the dispute over how much money energy companies should pay California for alleged overcharges during the market meltdown. A group of California parties has demanded $9 billion. (Yahoo News -- Utility Industry Deregulation)
Davis calls energy crisis over Nov 12, 2008
Davis on Thursday reiterated his call for billions in refunds from energy companies, an issue that is still proceeding at the Federal Energy Regulatory Commission. And state regulators voted Thursday to appeal a recent FERC decision to deny California's request to throw out some long-term contracts Davis signed with companies during the peak of the crisis. (Yahoo News -- Utility Industry Deregulation)
Portable Nuclear 'Hot Tubs' Could Power America Nov 11, 2008
That's what Hyperion Power Generation, a small Santa Fe, N.M.-based startup, hopes lots of utility and energy companies say over the next few years as it prepares to build and market small, self-contained, portable nuclear reactors that need almost no oversight or maintenance. "Our goal is to generate electricity for 10 cents a watt anywhere in the world," Hyperion CEO John Deal told Britain's Observer newspaper in an article published Sunday. (Fox News)
Investigation sought into Slope oil-spill case Nov 11, 2008
BP, one of the world's largest energy companies, pleaded guilty last November to the federal misdemeanor and paid $20 million in criminal penalties for two Prudhoe Bay spills. One was the largest spill on the North Slope: About 201,000 gallons of oil leaked onto the tundra and a frozen pond. (Anchorage Daily News)
Probe sought of Bush handling of Alaska oil-spill case Nov 11, 2008
Latest Political Stories. Latest World Stories. (Anchorage Daily News)
Alternative Energy Demands Generate Hot Career Opportunities Nov 11, 2008
"Alternative energy companies are seeking professionals to fill a wide variety of positions, including mechanical engineer, project manager, programmer analyst, IT sourcing specialist, administrative assistant and marketing director," she says. "Business Week" magazine reports that a growing number of professionals are moving to jobs in renewable energy fields to promote their own personal environmental concerns. (Pekin Times, IL)
* Taiwans energy demand falls for third month Nov 11, 2008
1 billion kilowatt-hours in September, with demand from industrial and energy companies 8. 2 percent higher than a year earlier. (Taipei Times, Taiwan -- World)
Oil-Sands Spending to Fall 20% as Shell, Suncor, Encana Delay Development Nov 11, 2008
Nov. 11 (Bloomberg) -- Energy companies are cutting back development of Canadian oil sands, the world's biggest energy reserves outside Saudi Arabia, as crude prices plunge and processing costs become prohibitive. the world's second-largest oil company, and Calgary-based and said they will reduce plans to extract bitumen, the tar-like raw material for the crude, after prices fell 65 percent to $37. (Bloomberg -- Canada)
Canada Stocks Rise, Led by Suncor, Barrick, on China Plans; Nortel Falls Nov 11, 2008
paced the advance among energy companies as natural-gas led the commodity-price rally on prospects that colder U.S. weather will stoke consumption. climbed more than 6 percent, lifting mining shares. (Bloomberg -- Canada)
Energy: Lay Out Clean Rules—and Fast Nov 11, 2008
Such choices aren't limited to energy companies, since energy costs determine whether or not it will be economically feasible to site a new aluminum plant in the U.S. or to expand airline routes. Investments could be brilliant or doomed, depending on what Washington does. (BusinessWeek)
Time for Nortel investors to face some hard truths Nov 11, 2008
So are Canada's blue-chip energy companies now screaming buys. Well, before diving into the sector, consider what Merrill Lynch quantitative analysts have to say about value traps. (Globe and Mail)
So much else happened while people eyed election Nov 10, 2008
So with credit tightening and oil prices falling, shares of alternative energy companies have fallen more sharply than the broader stock market. Venture capital financing is more difficult to get for advanced solar and biofuels projects. (San Francisco Chronicle -- Crime)
Syncrude hasn't agreed to new royalties Nov 10, 2008
Alberta's energy revenue projections are already sagging and falling oil prices have forced a growing list of energy companies to put the brakes on billions of dollars worth of oil sands projects. Failure to complete a royalty deal with Syncrude would be seen as a major setback for the government and there is no clear indication of what royalties would apply if there is no deal by the new year. (Globe and Mail)
Obama likely to boost alternative energy Nov 9, 2008
The economy's meltdown has hurt alternative energy companies by cutting off their access to capital. But many entrepreneurs in the field still see the crisis as an opportunity, for the new president and for them. (San Francisco Chronicle -- Business)
Truly inconvenient truths about climate change being ignored Nov 8, 2008
Welcome to The Sydney Morning Herald. Michael DuffyNovember 8, 2008. (Sydney Morning Herald -- Opinion)
Obama's energy plan fuels hope, concern Nov 8, 2008
Obama's energy plan fuels hope, concern. Certainly he ran on a platform that supported alternative energy, said Paul Copleman, a spokesman for Iberdrola Renewables. (Somerset Daily American, PA)
Barack could teach Brown to say boo to the goose Nov 8, 2008
"Our free market was never meant to be a free licence to take whatever you can get, however you can get it." Obama promises a windfall on energy companies too. Beyond that, he lays into tax avoiders. (guardian.co.uk)
Will Obama's Stimulus Plan Work? Nov 8, 2008
With oil now at $65 a barrel and sub-$2 gas in some regions, justifying rebates might be a tough sell -- especially to energy companies scrapping projects to deal with deflating prices. Plus, the stimulus checks sent out earlier this year were distributed to 130 million Americans. (MSNBC -- Business)
Hong Kong stocks bounce 3.29% after Thursday's tumble Nov 8, 2008
China's energy companies were higher. PetroChina, the country's largest oil producer, added 2. (Xinhuanet, China)
Environment: Gone With The Wind Nov 8, 2008
There, Proposition C mandated a 15% increase in renewable energy by 2021 with slow and steady yearly increases that energy companies felt they could phase in without disruption and with which voters felt more comfortable. The mantra is that oil and car companies are blocking the increased use of renewable energy. (Investors Business Daily)
Canadian Natural's cuts a blow to oil patch Nov 8, 2008
If the price rebounds, energy companies will of course change their plans again. Canadian Natural said yesterday that it will spend $574-million (Canadian) on Horizon in 2009, down from 2008's $4-billion. (Globe and Mail)
Buttoning up your house for winter heating savings Nov 7, 2008
With winter on the way and the cost of living rising as quickly as ever, energy companies, government officials and private organizations are doing their part to soften the impact of a possible spike in heating costs. On Oct. 31, U.S. Rep. (Malden Observer, MA)
TUSK Energy Corporation: Financial and Operating Results For the Three and Nine Months Ended September 30, 2008 Nov 7, 2008
Nonetheless, stakeholders should expect energy companies to divert capital to areas with higher rates of return and certainty in the rules. The majority of TUSK's 2009 capital budget will be directed outside of the province of Alberta. (CCNMatthews Press Releases)
Canada Stocks Decline With Oil, Led by Canadian Natural; Canaccord Falls Nov 7, 2008
Nov. 6 (Bloomberg) -- Canadian stocks fell a second day, led by energy companies, after lowered its production forecast and crude oil prices slid to a 19-month low ... The energy companies are enunciating that they're slowing down these capex projects, reaffirming in the minds of some investors that these projects may be delayed even longer than the average investor thinks,'' said , who helps manage about C$450 million at Toronto-based Davis-Rea Ltd. ``This earnings season you're getting more... (Bloomberg -- Canada)
Moscow, Gazprom and Venezuela Nov 6, 2008
Gazprom is also negotiating several gas exploitation projects in Bolivia and aims at replacing US energy companies that were displaced by President Evo Morales' nationalization of natural resources policies. Bolivia has the third largest natural gas reserves in Latin America after Venezuela and Trinidad and Tobago. (Suite101.com)
Destiny Resource Services Corp. Announces Q3'08 Results Nov 6, 2008
Demand for products and services depend on the exploration, development and production activities of energy companies. These activities are directly affected by factors such as oil and gas commodity prices, weather, changes in legislation, exchange rates, the general state of domestic and world economies, concerns regarding fuel surpluses or shortages, substitution through imports or alternative energy sources, changes to taxation or regulatory regimes and the broad sweep of international... (CCNMatthews Press Releases)
Post-election slide Nov 6, 2008
Selling hit across the board, with shares of big manufacturers, including , as well as banks, technology companies, home builders, retailers and energy companies, among the biggest casualties. And today could be even uglier after , a technology bellwether, said after the close of regular trading yesterday that fallout from the United States had now spread to key markets abroad and its revenue could fall as much as 10 percent in the current quarter. (Newsday)
Wall Street US stocks tumble Nov 6, 2008
Selling hit across the board, with shares of big manufacturers, including Boeing, as well as banks, technology companies, home builders, retailers and energy companies among the biggest casualties. Investors worried the new administration won't be in a position to act fast enough to avert a deep economic downturn. (Sydney Morning Herald -- Business)
Obama's Technology Push: Solar Jobs, R&D Tax Credits Nov 6, 2008
Internet and software firms, as well as alternative energy companies, are likely to benefit from a Barack Obama presidency ... Solar energy companies like First Solar, () SunPower () and Suntech Power () are likely to benefit from this, analysts say. (Investors Business Daily)
Colorado goes to the polls Nov 5, 2008
Also being watched closely is Amendment 58, which would raise an estimated $321 million a year in severance tax revenue from energy companies drilling in the state by eliminating a tax credit the companies get for paying local property tax ... Supporters including Gov. Bill Ritter and University of Colorado President Bruce Benson say 58 ends a tax break that energy companies don t need, and provides much-needed support for college students ... Opponents including several energy companies and... (Denver Business Journal, CO)
Cimarex reports $232M loss Nov 5, 2008
In other results from Colorado-based energy companies. Denver s Corp. (NYSE: FST) reported Q3 net earnings of $429 million, or $4. (Denver Business Journal, CO)
Stocks to join global party Nov 5, 2008
US stocks had their biggest Election Day rally ever, as investors looked forward to the end of the uncertainty surrounding the long fight for the White House, and as energy companies' shares followed oil prices higher. According to latest reports, Obama won at least 195 electoral votes, including those of Pennsylvania and Ohio, while McCain claimed 90, networks projected. (Economic Times)
Bolivian Gas Crackdown May Spur Inflation in Brazil, Argentina Nov 5, 2008
May 4 (Bloomberg) -- Bolivia's crackdown on foreign energy companies may fuel inflation in neighboring Brazil, South America's largest economy, as the cost of importing gas climbs. Prices in Brazil are going to rise,'' said Tereza Fernandez, managing director of MB Associados, an economic consulting company in Sao Paulo. (Yahoo News -- Argentina)
U.K. Government Delays Nuclear Power Recommendation Nov 5, 2008
He will press energy companies to ``double'' current obligations to provide customers with energy-saving advice and require that all new household gas and electricity meters a digital display showing energy consumption. To contact the reporter on this story: in London at. (Yahoo News -- Nuclear Power and Waste)
Calif. Rejects Clean Power Initiative Nov 5, 2008
Energy Companies Spent $30M To Defeat Prop ... Critics charged California's aggressive initiative would have driven up electricity rates, delayed the state's transition to clean power and put small renewable energy companies out of business. (KCRA 3, CA)
Slaughter Heads Back to Washington Nov 5, 2008
Attorney General Andrew Cuomo has established a code of conduct to provide more oversight of energy companies operating wind farms. A new report from the state's comptroller says that childhood obesity is costing millions of dollars in health care costs. (R News)
ANALYSIS - Solar Sector Shakeout Looms As Credit Crunch Bites Nov 5, 2008
FRANKFURT - Many of the world's solar energy companies could fail or fall into the arms of stronger rivals as the financial crisis raises borrowing costs and as solar module prices fall. Any such shake-out would in turn precipitate consolidation in the industry, which has for years been attracting heavy investment and government subsidies that have driven supply ahead of demand. (Planet Ark, United States)
Climate Change Disclosure Becomes an Investor Thing Nov 5, 2008
Dynegy, a Texas-based company operating coal, oil, and natural gas power plants, was one of five large energy companies the attorney general subpoenaed in the fall of 2007 to investigate whether investors were informed about the financial risks of operating the plants. Another energy company, Xcel Energy, agreed in August to disclose its climate risks. (OMB Watch)
Venable lawyers: Change is coming Nov 5, 2008
To date, neither candidate has proposed a comprehensive energy plan recognizing the necessity of developing all of the nation s resources and addressing our critical infrastructure crises, said Richard Powers, a Venable partner who advises energy companies on policy and regulatory issues. Both candidates support a cap and trade system, which raises the cost to use of carbon, including gasoline and diesel fuel. (Washington Business Journal, DC)
Better for stock market: Democrats or the GOP? Nov 4, 2008
Traditional energy companies could fare somewhat worse under Obama than McCain, although both candidates favor developing alternative energy sources. Defense is another industry that would do somewhat worse under the Democrats, Orlando says. (San Francisco Chronicle -- Business)
Wall Street ends flat after economic data Nov 4, 2008
Shares of energy companies declined in turn, with Exxon Mobil off 0. 5 percent and Chevron losing 2. (International Herald Tribune -- Business)
Qaddafi, in Belarus, criticizes U.S. Nov 4, 2008
Russian energy companies have been offering Libya sweeping cooperation and investment programs. In July, for example, Gazprom, the Russian natural gas monopoly, offered to buy all of Libya's natural gas production in a deal that could help Gazprom corner the European natural gas market. (International Herald Tribune)
EnCana Says British Columbia Wellhead Natural Gas Leak Sealed After Blast Nov 4, 2008
A letter sent to local media before the first bombing called on EnCana and other energy companies to shut down their operations, the Canadian Broadcasting Corp. reported. To contact the reporters on this story: in Calgary at. (Bloomberg -- Canada)
Cancer patients' fuel bill fears Nov 4, 2008
Ensuring the energy companies provide specific and explicit help for people with cancer ... "Energy companies too offer help for their most vulnerable customers. "People could potentially save money by contacting their energy supplier to see if they qualify for a reduced tariff or extra help making their home energy-efficient. (BBC News)
Smartcool Systems approved for B.C.'s clean technology tax credit program Nov 3, 2008
More than 25,000 units have been installed in North America, Asia, Europe and Australia for Smartcool customers such as supermarkets, food distributors, telecommunications companies, hospitals, hotels, universities and energy companies. SEDAR: 00015981E. (Canada Newswire)
Stocks Likely to Recover No Matter Who's President Nov 3, 2008
And under McCain, Froehlich said, it's likely that big energy companies would do better because he does not support a windfall profits tax, and that financial companies could benefit because of his stance on dividend taxes, long-term capital gains taxes, and estate taxes. 1. (ABC News -- Wire)
Qaddafi discusses energy ties with Russia Nov 3, 2008
Russian energy companies have been offering Libya sweeping cooperation and investment programs. In a bold offer in July, for example, Gazprom, the Russian natural gas monopoly, offered to buy all of Libya's natural gas production in a deal that could help Gazprom corner the European natural gas market. (International Herald Tribune)
Net firms face constant attack Nov 3, 2008
Power and energy companies are the favourite targets, with financial service firms coming second. It is so volatile that we do not know what is going to hit us next week. (Yahoo News -- Computer Viruses & Worms)
Davis calls energy crisis over Nov 3, 2008
Davis on Thursday reiterated his call for billions in refunds from energy companies, an issue that is still proceeding at the Federal Energy Regulatory Commission. And state regulators voted Thursday to appeal a recent FERC decision to deny California's request to throw out some long-term contracts Davis signed with companies during the peak of the crisis. (Yahoo News -- Utility Industry Deregulation)
State, FERC Thawing an Icy Relationship Nov 3, 2008
Perhaps no single issue illustrates the ongoing tensions better than the dispute over how much money energy companies should pay California for alleged overcharges during the market meltdown. A group of California parties has demanded $9 billion. (Yahoo News -- Utility Industry Deregulation)
Promising New Energy Companies Nov 2, 2008
In Pictures: Eight Promising Alternative Energy Companies - Forbes ... In Pictures: Eight Promising Alternative Energy Companies. (Forbes -- Technology)
Third attack on sour-gas pipeline 'deliberate' Nov 2, 2008
Before the first explosion, northern media received suspicious handwritten letters that branded energy companies as terrorists. Dawson Creek Coun. (The Province)
Alternative Energy Demands Generate Hot Career Opportunities Nov 2, 2008
"Alternative energy companies are seeking professionals to fill a wide variety of positions, including mechanical engineer, project manager, programmer analyst, IT sourcing specialist, administrative assistant and marketing director," she says. "Business Week" magazine reports that a growing number of professionals are moving to jobs in renewable energy fields to promote their own personal environmental concerns. (Canton Daily Ledger, IL)
Sabotage Suspected in Third Explosion at Encana Pipe in British Columbia Nov 2, 2008
A letter sent to local media before the first incident called on Encana and other energy companies to shut down their operations, the Canadian Broadcasting Corporation reported. Boras declined to speculate on the cause of the leak, referring questions to police. (Bloomberg -- Canada)
GUEST OPINION: Take your country back on Nov. 4 Nov 2, 2008
Not cozy collaboration with energy companies that in the end rob us blind both at the gas pump and through taxation to fund their military adventures in colonialism. The reNew Deal is going to be needed and fast. (Winchester Star, MA, MA)
Key dates in the history of FutureGen Nov 1, 2008
December 2005: DOE says it will work with a group of energy companies, eventually known as the FutureGen Alliance, to build the power plant. May 2006: Illinois joins six other states in submitting bids for the plant. (Mattoon Journal-Gazette, IL)
Obama's '$4 Billion for Exxon' Myth Nov 1, 2008
org did discover that Mr. Obama's claim about "$4 billion in tax breaks for energy companies" came from a two-page memo from the Center for American Progress Action Fund -- a political lobby headed by John Podesta, former chief of staff to Bill Clinton, with tax issues handled by two lawyers, Robert Gordon and James Kvaal, former policy directors for the John Kerry and John Edwards campaigns. Those lawyers confused average tax rates (after credits and deductions) with the 35% statutory rate on... (Wall Street Journal)
ABCNEWS: Obama's New Attack on Those Who Don't Want Higher Taxes: 'Selfishness'... Nov 1, 2008
Power, pop, and probings from ABC News Senior National Correspondent Jake Tapper. is ABC News' Senior National Correspondent based in the network's Washington bureau. (The Drudge Report)
Two vie for Bristol, Norfolk senate seat Nov 1, 2008
Timilty said it s important that we re investing in energy companies that use homegrown technology, homegrown people, and homegrown power sources. At 38-years-old, Timilty and his wife, Mary, have two daughters, Maryjane, 4 and Kaitlin, 19 mos. (Medfield Press, MA)