Massey disputes U.S. allegation on deadly coal mine blast

Massey Energy Co said federal investigators’ claims that excessive coal dust at its West Virginia mine last year fueled the deadliest U.S. mine explosion in 40 years were based on faulty data. Instead, the explosion that killed 28 miners last April spread the coal dust at the mine, Massey general counsel Shane Harvey told reporters on a conference... 

No injuries in Marathon Texas City refinery leak

No injuries were reported due to a gas leak at a Texas City, Texas, refinery that forced the evacuation of nearby homes on Saturday, a city official said. Production at Marathon Petroleum Corp’s 76,000 barrel per day (bpd) refinery, located about 50 miles south of Houston, was unaffected by the leak, said Marathon spokesman Robert Calmus. Residents... 

Gas leak at Texas oil refinery prompts evacuation

No injuries were reported due to a gas leak at a Texas City, Texas, refinery that forced the evacuation of nearby homes on Saturday, a city official said. Production at Marathon Petroleum Corp’s 76,000-barrel-per-day capacity Texas City oil refinery, located about 50 miles south of Houston, was unaffected by the leak, said Marathon spokesman Robert... 

ZBB Energy Corporation Closes Additional $2 Million Financing

ZBB Energy Corporation today announced that it has closed a $2 million tranche with Socius Capital. In connection with the tranche, Socius (1) purchased for cash $2 million of Series A preferred stock and (2) purchased for a secured promissory note $2.7 million of shares of common stock priced at $1.41 per share. In addition, the Company reported that... 

Alpha close to $7 billion Massey deal: sources

Alpha Natural Resources is close to a $7 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year, sources familiar with the matter said on Friday. One of the sources said Massey shareholders will receive slightly more than one Alpha share for each Massey share in addition to $10 per share in cash, for a value... 

Kirby Corporation Announces 2010 Fourth Quarter and Year Results

Kirby Corporation today announced net earnings attributable to Kirby for the fourth quarter ended December 31, 2010 of $31.6 million, or $.59 per share, compared with $29.2 million, or $.54 per share, for the 2009 fourth quarter. The 2009 fourth quarter results included a $4.8 million before taxes, or $.05 per share, charge for shore staff reductions,... 

Environmental Quality Management, Inc. and Beacon Energy Holdings, Inc. Enter Into Definitive Merger Agreement

Environmental Quality Management, Inc. a Cincinnati, OH-based leading provider of environmental services, and Beacon Energy Holdings, Inc. – OTC: BCOE.PK (“Beacon”), a Cleburne, TX-based leading producer of biodiesel fuel, announced today that they have entered into a definitive merger agreement. In accordance with the merger agreement, at... 

Global Oil and Gas Upstream M&A 2010 Review

Record $211 billion in deals announced in 2010; Study sees another strong year in 2011 with more than $90 billion of properties on the market. PLS Inc., with international partner Derrick Petroleum Services and further analysis from Rystad Energy, reports global upstream oil and gas M&A activity for 2010 reached a record $211 billion. That volume... 

Dominion Promotes Daniel A. Weekley to Vice President-Government Affairs

Daniel A. Weekley has been promoted to vice president-Government Affairs for Dominion. Weekley is responsible for the company’s federal, state and local government relations. He reports to Robert M. Blue, senior vice president-Law, Public Policy & Environment, and is based in Richmond. “Dan brings with him experience across almost all... 

DEO Responds to Fires Reported in Fairport Harbor Monday Morning

- Following a series of fires this morning in the Village of Fairport Harbor, located in Lake County, Dominion East Ohio crews arrived and are remaining there with emergency responders to assist with the ongoing investigation. Natural gas service will remain active in Fairport Harbor. To ensure the safety of residents: * Leak detection is being...