Penn Virginia Resource Partners, L.P. today declared a quarterly cash distribution of $0.47 per unit. The distribution, which equates to $1.88 per unit on an annualized basis, remains unchanged from the distribution paid with respect to the prior quarter. The quarterly distribution covers the period October 1 through December 31, 2010, and is payable...
American Electric Power has scheduled a quarterly earnings conference call with financial analysts for 9 a.m. EST Friday, Jan. 28. The call will be broadcast live over the Internet at http://www.aep.com/go/webcasts. The webcast will include audio of the call as well as visuals of charts and graphics referred to by AEP management during the call. The...
Quest Minerals & Mining Corp., a Kentucky based operator of energy and mineral related properties, announced that the U.S. Bankruptcy Court for the Eastern District of Kentucky has approved the Second Amended Disclosure Statement and Third Amended Plan of Reorganization for Quest’s subsidiary, Gwenco, Inc. The Court also authorized Gwenco...
Protonex Technology Corporation, a leading provider of advanced fuel cell power systems for portable, remote and mobile applications, today announces that it will preview its new 250 watt fuel cell hybrid power system at booth B27/B28 during the Recreational Vehicle Industry Association (RVIA) trade show, December 2-4, 2008, in Louisville, Kentucky....
Platina Energy Group, Inc. reports Magnetic Resonance Detection interpretation by David Shroff, PE, further validating and quantifying oil and gas reservoirs in Kentucky. This same engineer has a substantial history including 120 prior successful well evaluations. Additionally, the Company has retained the unique completion services of a proprietary...
Massey Energy announced that its board of directors has elected Baxter F. Phillips, Jr. to be president of the company, a position formerly held by Don L. Blankenship. Blankenship will continue to serve the company as chairman and CEO. Phillips most recently served as executive vice president and chief administrative officer of the company. In his new...
G.I. Jobs magazine has named American Electric Power one of the nation’s 50 most “military-friendly” employers for the sixth consecutive year. AEP is among only seven companies that have appeared on the publication’s top-50 list each year since it was introduced in 2003. G.I. Jobs helps provide training and career opportunities...
Duke Energy has signed a contract with the U.S. Department of Energy (DOE) for the disposal of used nuclear fuel generated at its proposed William States Lee III Nuclear Station. The contract provides for the DOE’s acceptance and permanent disposal of all fuel from the station. For this service, the company will pay a $1 per megawatt-hour fee...
Duke Energy Ohio announced today that a settlement agreement has been reached with most intervening parties, the Staff of the Public Utilities Commission of Ohio (PUCO) and the Ohio Consumers’ Counsel on its electric security plan under Ohio’s new energy law. The agreement, which establishes generation rates for 2009 through 2011, must be...
Eastern Kentucky University will be reducing its carbon impact and its energy bill even more than it anticipated last spring when the school announced plans to team with Siemens Building Technologies, Inc., and embark on a comprehensive program designed to boost the energy efficiency of facilities campus wide. After Siemens completed its energy audit...