Monday, June 22, 2009

Keyword News: ["energy"]

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Monday, June 22, 2009 6:45 PM PDT

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Ford, Nissan, Tesla to get govt loans from US$25b fund
The Star Mon, 22 Jun 2009 18:38 PM PDT
WASHINGTON: The Energy Department is lending money to the Ford Motor Co. and two other automakers from a US$25 billion fund to develop fuel-efficient vehicles, congressional officials said Monday.

Parris: We will be capital of alternative energy
San Fernando Valley Business Journal Mon, 22 Jun 2009 18:37 PM PDT
LANCASTER - Under separate action items, the City Council on Tuesday will consider changing some of the types of uses allowed on 2,310 of the city's 60,160 acres of land in its jurisdiction and consider increasing that number to 67,350.

UMW plans RM800m Islamic paper sale
Business Times (Malaysia) Mon, 22 Jun 2009 18:35 PM PDT
MALAYSIAN auto-to-energy group UMW Holdings Bhd has set up a programme to sell up to RM800 million (US$226.1 million) of Islamic paper to refinance its borrowings and for working capital. The paper will be issued under the musharaka concept, UMW said in a statement. Under the musharaka principle, parties contribute capital to a venture with profits to be shared according to an agreed ratio, ...

(AFX UK Focus) 2009-06-23 01:58 GCL-Poly says to buy $3.38 bln solar energy asset
Interactive Investor Mon, 22 Jun 2009 18:32 PM PDT
HONG KONG, June 23 (Reuters) - GCL-Poly Energy, an independent power cogeneration plant operator in China, said on Tuesday it would pay US$3.38 billion for a Jiangsu province maker of polysilicon and wafers used in the solar industry. The company said it would buy the stake from its controlling shareholder Zhu Gong Shan by issuing US$350 million in notes, a US$200 million cash payment, and the ...

Asian Shares Drop On US Cue; Commodity, Oil Stks Falter
INO News Mon, 22 Jun 2009 18:32 PM PDT
SINGAPORE (Dow Jones)--Asian share markets were well entrenched to the downside Tuesday after Wall Street slid, with commodity and energy stocks bearing the brunt of selling amid renewed concerns about how rapid or durable a global economic recovery might prove.

Study says Wyoming coal essential
Billings Gazette Mon, 22 Jun 2009 18:29 PM PDT
CHEYENNE - Wyoming's Powder River Basin coal will be an essential part of the nation's energy future even as the country moves toward cleaner power sources, a University of Wyoming professor who studies energy economics says. "The point I'm trying to ...

Ford, Nissan, Tesla Said to Get U.S. Loans for Efficient Cars
Bloomberg Mon, 22 Jun 2009 18:21 PM PDT
June 23 (Bloomberg) -- Ford Motor Co. , Nissan Motor Co. and Tesla Motors Inc. will get the first U.S. Energy Department loans to develop fuel-efficient cars, according to people familiar with the plans.

Eastday-Ford to receive U.S. government loans
Eastday.com Mon, 22 Jun 2009 18:21 PM PDT
U.S. Energy Department has approved Ford Motor Co.'s request for billions of U.S. dollars in federal loans to help fund the development of new, fuel-saving vehicles and technologies, according to a Detroit News report Monday.

Verenex says Libya puts $499-million deal at risk
National Post Mon, 22 Jun 2009 18:20 PM PDT
CanadaĆ¢€™s Verenex Energy Inc said on Monday that Libyan authorities have not yet approved the $499-million sale of the company to China National Petroleum Corp., putting the deal at risk and sending its shares lower.

Study says Wyoming coal essential to energy future
INO News Mon, 22 Jun 2009 18:18 PM PDT
(AP:CHEYENNE, Wyo.) Wyoming's Powder River Basin coal will be an essential part of the nation's energy future even as the country moves toward cleaner power sources, says a University of Wyoming professor who studies energy economics.




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