Monthly Archives: January 2012

Steffy: President needs a dose of energy reality

President Barack Obama, in his State of the Union speech, called for an “all-of-the-above” strategy to develop energy that’s “cleaner, cheaper and full of new jobs.”  More »

Wisconsin Lighting Expert Cautions Businesses and Consumers on Rising Energy Rates

MADISON, Wis., Jan. 27, 2012 /PRNewswire/ — Energy rates are going to rise over the next 5-10 years and consumers who resist switching to new, energy efficient lighting will see their lighting bills rise 15-20 percent over the next decade. So warns Ro…  More »

Shell president says federal permitting may have turned the corner

Shell Oil president Marvin Odum said he believes the pace of federal permitting for deep-water oil and natural gas drilling “may have turned a corner,” according to The New Orleans Times-Picayune.  More »

Is President Barack Obama responsible for U.S. oil production rise?

President Barack Obama has gotten an earful from Republicans and energy industry officials for claiming his administration has helped to spur a rise in oil and natural gas production.  More »

Eagle Ford oil production to grow to 421,000 BPD by 2015

Oil production from the Eagle Ford formation in Texas will increase to 421,000 barrels a day by 2015, said John O’Shea, chief executive officer of Tradition Midstream LLC.  More »

Electric-car use to reach tipping point in 2015

Better Place LLC, a U.S. startup developing charging stations for electric vehicles, predicts the “tipping point” for electric car use will come as soon as 2015, Chairman Idan Ofer said today.  More »

Shell CEO talks oil prices, regulation, Europe crisis

Peter Voser, chief executive officer of Royal Dutch Shell Plc, discusses the European crisis and the role of businesses and governments in driving the economy.  More »

Axion Power Appoints Vani Dantam to Head Business Development, Sales & Marketing

NEW CASTLE, Pa., Jan. 27, 2012 /PRNewswire/ –Axion Power International, Inc. (OTC Bulletin Board: AXPW), the developer of advanced leadcarbon PbC batteries and energy storage systems, announced today that Vani Kumar Dantam, 53, has been appointed to the new…  More »

FuelFix Newslinks |01.27.12|

Should Obama get credit for rise in oil production? CME eyes Houston, St. James as new trade hubs. Chevron may face charges over Frade spill.  More »

Alliance Resource Partners, L.P. Reports Eleventh Consecutive Year of Record Financial Results With Net Income Up 21.3% for the 2011 Year; Increases Quarterly Unitholder Distribution 3.7% to $0.99 Per Unit

TULSA, Okla.–(BUSINESS WIRE)–Alliance Resource Partners, L.P. (NASDAQ: ARLP) today reported that it achieved record financial results for the eleventh consecutive year, with records for revenues, EBITDA, net income and net income per basic and dilute…  More »

KiOR Closes $75 Million Loan

PASADENA, Texas–(BUSINESS WIRE)–KiOR, Inc. (NASDAQ: KiOR), a next-generation renewable fuels company, today announced that it has closed a $75 million four-year term loan with a lender group comprised of an affiliate of Vinod Khosla and two Canadian …  More »

Graham Corporation Reports Net Income of $1.6 Million on $24.3 Million in Sales for the Third Quarter of Fiscal 2012

BATAVIA, N.Y.–(BUSINESS WIRE)–Graham Corporation (NYSE Amex: GHM), a designer and manufacturer of critical equipment for the oil refining, petrochemical and power industries, including the supply of components and raw materials to nuclear power plants, today reported its financial results for its third quarter and nine-month period ended December 31, 2011. Graham’s current fiscal year ends March 31, 2012, and is referred to as “fiscal 2012.” Results include Energy Steel & Supply Co., which  More »