Inflation spike won’t last, Bernanke says

A recent increase in U.S. inflation is driven primarily by rising commodity prices globally, and is unlikely to persist, Federal Reserve Chairman Ben Bernanke said on Monday. The comments stood in sharp contrast to a string of U.S. central bank officials, some of whom have argued the time is coming for the Fed to begin tightening monetary policy. Earlier... 

U.S. gasoline prices rise to $3.57/gallon: survey

Gasoline prices in the United States rose 6.65 cents per gallon over a two-week period, carried by the rise in crude oil prices stemming from the turmoil in Libya, an industry analyst said. The national average for a gallon of self-serve, regular gasoline was $3.57 on March 18, according to the Lundberg Survey of about 2,500 gas stations. The 6.65-cent... 

Solar Universe Names Steven L. Yeffa CFO

Solar Universe, a solar installation and finance company, today announced it has appointed Steven L. Yeffa chief financial officer. Yeffa will oversee the company’s corporate finance and accounting activities, and help grow its newly launched solar leasing program. Yeffa is a seasoned finance executive who brings 30 years of experience in financial... 

Japan radiation leak evokes Three Mile Island

The radiation leak in Japan immediately recalls memories of accidents at the Chernobyl and Three Mile Island power stations, and how it unfolds will be a critical test for international acceptance of nuclear energy. The Fukushima incident, brought on by the biggest earthquake ever recorded in Japan, took a turn for the worse on Saturday after a blast... 

Analysis: Stocks-oil relation looks as it did in 2008 recession

The trading pattern of the prices of stocks and crude oil looks worryingly like it did just before the last recession. Oil and equity prices rise and fall more or less in tandem when demand and economic growth expectations dictate prices. But the short-term relationship has been turned on its head in recent weeks with investors worried that political... 

Vermilion Energy Inc. Files Annual Information Form and Annual Report

Vermilion Energy Inc. announces the submission of its Annual Information Form (“AIF”) for the year ended December 31, 2010 to the System for Electronic Document Analysis and Retrieval. The AIF contains Vermilion’s Statement of Reserves Data and Other Oil and Gas Information as required under National Instrument 51-101. Vermilion has also filed... 

Egon Zehnder International Names Steven Goodman to Head US Industrial Practice’s Energy and CleanTech Segment

Steven Goodman has assumed leadership of the Egon Zehnder International US Industrial Practice Group’s Energy and CleanTech segment in which he has been a member since he joined the firm in 2006. “Goodman’s deep industry knowledge and the unique skill sets needed by its leadership will help our clients to select and promote the right... 

Watchit Technologies Inc. Solidifies Patents

WatchIt Technologies Inc. announced today that, through its Intellectual Property attorneys, Woodard, Emhardt, Moriarty, McNett & Henry, LLP, it has successfully nationalized its International Patent application in the United States and the European Union. Previously, one application was filed for an International patent. The PCT (Patent Cooperation... 

Wall Street set to open higher on earnings, M&A

U.S. stocks were set for a higher open on Monday as merger activity and solid earnings, including Exxon Mobil, overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East. Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which would create the second largest... 

Reportlinker Adds Global LNG Market Trends, Outlook and Business Prospects to 2015

Reportlinker.com announces that a new market research report is available in its catalogue: Global LNG Market Trends, Outlook and Business Prospects to 2015 http://www.reportlinker.com/p0366585/Global-LNG-Market-Trends-Outlook-and-Business-Prospects-to-2015.html Report Description Global LNG industry is in a state of flux. The industry is poised to...