Friday, May 6, 2011

Keyword News: ["energy"]

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Friday, May 06, 2011 10:45 AM PDT
Lukoil to Quadruple Overseas Oil Production
Rigzone Fri, 06 May 2011 10:44 AM PDT
The Russian energy giant Lukoil plans to quadruple its overseas oil production with major projects in Iraq and the Aral Sea region, Interfax reported Friday.

Wind Energy's Poised To Pop After Strong First Quarter
Forbes Fri, 06 May 2011 10:42 AM PDT
The U.S. wind industry is going through one of its best years in recent memory, according to reports released by AWEA, the industry’s trade organization.  With oil trading at multi-year highs, along with environmental concerns, drawing people away from fossil fuels, and the crisis in Japan putting the nuclear energy industry on a hold, renewables are taking a more prominent role.  And wind ...

Cut power subsidies, gov’t urged
Philippine Daily Inquirer Fri, 06 May 2011 10:40 AM PDT
A group of Filipino economists is urging the government to disclose and, eventually to limit, the amount of public subsidy for renewable energy projects, arguing that this could run up to several tens of billions of pesos and could further increase the already high electricity costs in the country.

Meralco Q1 income hits P2.1B
Philippine Daily Inquirer Fri, 06 May 2011 10:40 AM PDT
Manila Electric Co., the country’s biggest power distributor, posted a modest 6-percent growth in its consolidated reported net income to P2.1 billion in the first quarter, despite the slight decrease in the volume of energy sold during the period.

Uncle Mo Won't Go In Kentucky Derby
WRIC 8 News Richmond Fri, 06 May 2011 10:39 AM PDT
LOUISVILLE, Ky. (AP) -- Uncle Mo won't run in Saturday's Kentucky Derby because of a puzzling internal ailment that has reduced his appetite and energy. The loss of the biggest name in a field already

Safety Stand Down Planned at Massey Mine
WOWK-TV West Virginia Fri, 06 May 2011 10:38 AM PDT
Massey Energy Company announced Friday that it will conduct a three-day, safety stand down at its Randolph Mine in Boone County.

Stocks in Europe Decline for First Week in Three as Commodities Retreat
Bloomberg Fri, 06 May 2011 10:37 AM PDT
European stocks retreated for the first week in three as energy and mining companies tumbled with commodities, overshadowing a bigger-than-forecast increase in U.S. payrolls.

Obama hits the road with clean energy agenda
CNN Political Ticker Fri, 06 May 2011 10:37 AM PDT
Indianapolis, Indiana (CNN) - President Barack Obama took his push for clean energy on the road Friday, telling a group...

Baron Energy, Inc. Hedges Production Stream to Achieve More Predictable Cash Flows
GlobeNewswire via Yahoo! Finance Fri, 06 May 2011 10:36 AM PDT
NEW BRAUNFELS, Texas -- Baron Energy, Inc. , an independent oil and gas company, announced today that it has hedged part of its production stream.

Midday Glance: Utilities companies
AP via Yahoo! Finance Fri, 06 May 2011 10:34 AM PDT
NEW YORK (AP) -- Shares of some top utilities companies are mixed at 1 p.m.: AEP rose $.16 or .4 percent, to $36.36. ConEd rose $.28 or .5 percent, to $53.03. Duke Energy fell $.01 or .1 percent, to $18.71. Pepco Holdings rose $.19 or 1.0 percent, to $19.51. Southern Co. rose $.16 or .4 percent, to $39.45.




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