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...
Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year. The deal — the latest in a wave of consolidation sweeping the industry — creates the second largest U.S. coal miner by market value, holding 110 mines and combined coal reserves of...
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...
Baytex Energy Corp. announces that shareholders that are resident in the United States are now eligible to participate in its Dividend Reinvestment Plan (the “DRIP”). The DRIP provides eligible holders of common shares in Canada and the United States the opportunity to reinvest their monthly cash dividends to acquire additional shares. A...
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,...
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...
Western Refining Wholesale, a division of Western Refining Inc., an independent refining and marketing company headquartered in El Paso, Texas, will use KSS Fuels’ RackPrice wholesale pricing solution to help it manage fuel prices at its wholesale locations. Western Refining is a crude oil refiner, wholesale fuel and lubricants distributor and retailer...
Tony Hayward, the former head of BP who was reviled in the United States for his handling of the Gulf of Mexico oil spill, is in talks to join the board of commodities group Glencore, the Sunday Times reported. Hayward stepped down from the BP role in September after provoking outrage in the United States with a series of gaffes following the country’s...
Ecopetrol S.A. informs that on January 19 it was notified of a new lawsuit filed against it in The Hague (Netherlands) by Llanos Oil Exploration Ltd. as a consequence of the termination of the Guatapuri partnership contract on July 23, 2003. (Logo: http://photos.prnewswire.com/prnh/20090209/ARM001LOGO ) In regards to this process and other legal actions...
Voyager Petroleum Inc. an emerging leader in eco–friendly processing, oil distribution and specialty recycling programs targeting the automotive service center industry, today announced an agreement creating a controlling-interest in a Joint Venture Operation with an international trading firm for the purpose of exporting Used Motor Oil and other...