BHP Billiton makes $4.75 billion push into U.S. shale gas
Reuters via Yahoo! News Mon, 21 Feb 2011 18:39 PM PST
BHP Billiton is buying shale gas assets from Chesapeake Energy Corp for $4.75 billion, pitting itself for the first time against oil giants and China in the battle for the fast-growing energy source in North America. |
Hong Kong shares tumble amid geopolitical worries
Market Watch Mon, 21 Feb 2011 18:36 PM PST
HONG KONG (MarketWatch) -- Hong Kong shares tumbled early Tuesday on mounting worries about the turmoil in the Middle East and African regions, with heightened risk aversion in the wake of Moody's downgrade of Japan's ratings outlook also hurting sentiment. The Hang Seng Index fell 1.7% to 23,101.10; energy producer Cnooc Ltd. was the sole gainer among the benchmark's components, rising 1.3% as ... |
Ga. Manufacturers Urge Sales Tax Break
The Atlanta Post Mon, 21 Feb 2011 18:35 PM PST
(Atlanta Business Chronicle) â€" Lobbyists for heavy manufacturers asked Georgia House lawmakers Monday to support legislation exempting their industries from paying sales taxes on the energy used to produce their wares. “We create jobs,†Lee Lemke, executive vice president of the Macon-based Georgia Mining Association, told members of a House Ways and Means subcommittee during its first [...] |
CoreStream Energy Announces New Institutional Funding, Management Changes and Limited Update
Marketwire via Yahoo! Finance Mon, 21 Feb 2011 18:35 PM PST
FOUNTAIN VALLEY, CA--(Marketwire - 02/21/11) - CoreStream Energy, Inc. (Pinksheets: ZLUS - News ) is pleased to announce that it has received an initial multi-million dollar funding commitment from an institutional investor on a project by project basis. The funds will be used for investment in the acquisition of producing oil and gas wells and leases and to expand current production. This ... |
Part of coal tax mop-up to fund power transmission
The Times of India Mon, 21 Feb 2011 18:26 PM PST
India may use part of the Rs 2,500 crore it raises this year with a coal tax to fund new electricity-transmission lines for helping distribute power from clean energy projects. |
Murphy answers Bethel residents' questions
Greenwich Time Mon, 21 Feb 2011 18:21 PM PST
BETHEL -- U.S. Rep. Chris Murphy , D-5th District, said Monday that energy reform is one of his two top priorities during the current Congressional session. |
Merrill: Here's When Surging Oil Starts To Break The Global Economy
Business Insider Mon, 21 Feb 2011 18:21 PM PST
Oil prices are surging. When do they begin seriously harming the global economy? That's a subject of the latest BAML Global Energy Paper. Oil above $115/bbl could put the global economy at risk We have long argued that oil would break through $100/bbl in 2011. But with higher global economic growth and inflation expectations for 2011, our analysis now suggests that Brent crude oil prices would ... |
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