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.”
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Posted on January 27, 2012 at 7:10 am by PR Newswire: Energy in
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…
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Posted on January 27, 2012 at 6:41 am by Dan X. McGraw in
General
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.
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Posted on January 27, 2012 at 6:40 am by Dan X. McGraw in
Crude oil
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.
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Posted on January 27, 2012 at 6:36 am by Bloomberg in
Natural gas
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.
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Posted on January 27, 2012 at 6:34 am by Bloomberg in
General
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.
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Posted on January 27, 2012 at 6:31 am by Bloomberg in
Crude oil
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.
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Posted on January 27, 2012 at 6:30 am by PR Newswire: Energy in
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…
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Posted on January 27, 2012 at 6:04 am by Dan X. McGraw in
General
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.
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Posted on January 27, 2012 at 6:00 am by Business Wire Energy News in
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…
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Posted on January 27, 2012 at 6:00 am by Business Wire Energy News in
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 …
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Posted on January 27, 2012 at 5:55 am by Business Wire Energy News in
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
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