DALLAS–(BUSINESS WIRE)–Pioneer Natural Resources Company (NYSE:PXD - News) today announced financial and operating results for the quarter and year ended December 31, 2009.
Pioneer reported fourth quarter net income attributable to common stockholders of $57 million, or $.48 per diluted share. Net income included a noncash unrealized loss on commodity derivatives of $38 million after tax, [...]
Among the companies whose shares are making notable moves in Tuesday’s session are First Uranium Corp. (FIU.T), North American Energy Partners Inc. (NOA), Monterey Exploration Ltd. (MXL.T) and Iteration Energy Ltd. (ITX.T).
First Uranium (C$1.45, -C$0.43, -23%) is reviewing strategic options after the recent unexpected withdrawal of environmental authorization for a new mine waste-storage facility [...]
Johannesburg - Government has come up with a draft national solar water heating framework aimed at popularizing the idea of solar water power, Energy Minister Dipuo Peters said on Thursday.
The minister said South Africa, as well as the rest of the continent, had long under-utilized the power of the sun while adding that the global [...]
JOHANNESBURG (miningweekly.com) – TSX- and JSE-listed First Uranium’s gold production increased by 44% quarter-on-quarter to 21 374 oz in the third quarter of its financial year, ended September 30, 2009.
The 7 952 oz of gold produced at its Ezulwini mine was 110% higher than the previous quarter, while Mine Waste Solutions (MWS) had grown its [...]
MUNCIE, IN - Delaware County is establishing itself as a dynamic center for green, renewable and alternative energy innovation. VAT-Energies, LLC and VAT-Service, LLC a wholly owned subsidiaries of VAT-Service Getriebetechnik in Germany announced today the company’s plans to locate its North American corporate headquarters, service and manufacturing facilities near Yorktown in Delaware [...]
TORONTO, May 11 (Reuters) - First Uranium Corp (FIU.TO) will sell C$106.8 million ($92 million) in stock by way of a bought deal financing, and use the proceeds for possible acquisitions and to speed up development of its mine waste processing plant, the company said on Monday.
The Toronto-based company plans to sell 15.3 million [...]
By Bambang Djanuarto
Jan. 12 (Bloomberg) — Sasol Ltd., the world’s biggest producer of motor fuels from coal, may invest $10 billion in an Indonesian plant, said a government official in Jakarta.
Sasol will sign an accord with the Ministry of Energy to study the possibility of a coal-to-oil plant in Indonesia, said Bukin Daulay, head of [...]
By T.L. HAMILTON
Westinghouse Electric Company has awarded Chicago Bridge & Iron a second contract to build the containment vessels for a nuclear power plant expansion in the southeastern United States.
The engineering, procurement, fabrication and construction contract is valued at $150 million.
“It’s an exciting award for us,” said Jan Sieving, spokesperson for CB&I, which has administrative [...]
One Planet
Vera Kwakofi
BBC World Service
Africa is a continent of darkness and is desperately in need of power.
Only one in three of Africa’s 700 million people have electricity - and in the countryside only one in ten has light at the flick of a switch.
For many people, solar energy is the most obvious route [...]
By Alaric Nightingale and John Martens
Nov. 19 (Bloomberg) — BW Gas Ltd., the world’s biggest operator of liquefied-gas tankers, Euronav NV and TMT Co. Ltd. said they may divert ships away from Somalia after an escalation in piracy led to the capture of a Saudi Arabian supertanker.
BW Gas is urging its customers to avoid the [...]
