BEND, Ore. & BOSTON–(BUSINESS WIRE)–Vulcan Power Company (“Vulcan”), a developer of geothermal energy projects, and Denham Capital, an energy- and commodities-focused private investment firm, announced today that an affiliate of Denham Capital has invested $108 million in preferred and common stock of Vulcan. This is the second equity investment in Vulcan by such Denham Capital [...]

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, [...]

NATCHEZ, Miss.–(BUSINESS WIRE)–Callon Petroleum Company (NYSE: CPE - News) today announced details regarding its strategy shift to diversify its asset base to onshore in order to increase visible growth potential, including a 2010 capital budget of $61.7 million and its first acquisition in the North Louisiana Haynesville Shale play.
“We’ve been working on this strategy shift [...]

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 [...]

WASHINGTON — The Obama administration yesterday unveiled a spending plan that would increase funding for the U.S. National Nuclear Security Administration to $11.2 billion in the next fiscal year (see GSN, Jan. 29).
The agency, a semiautonomous branch of the Energy Department, would receive a 13.4-percent budget increase in fiscal 2011 to maintain the country’s nuclear [...]

Denison Mines Corp. (TSX: DML) (NYSE Amex: DNN) (”Denison” or the “Company”) announces that its 2010 operating plan and budget is expected to result in the sale of 1.8 million pounds of U3O8, operating cash flow from mining activities of $19.5 million and net cash flow of $1.0 million after the investment of $16.7 [...]

Leaked documents suggest geothermal energy developers will be forced to monitor seismic activity more closely.
The US Department of Energy (DoE) is to impose new safety regulations on geothermal energy projects designed to address fears that drilling deep holes in order to access energy released by so-called hot rocks could increase local earthquake risks.
According to documents [...]

By HASSAN HAFIDH
A consortium led by Exxon Mobil Corp. and Royal Dutch Shell PLC accepted contract amendments made by the Iraqi government to develop an oil field in southern Iraq, a senior Ministry of Oil official said.
“They have accepted the changes, and we are finalizing the deal with them on Jan. 25,” Abdul Mahdy al-Ameedi, [...]

Glen Rose Petroleum Corporation (Nasdaq:GLRP - News), Dallas, Texas, reports that on January 7, 2010, it was notified via letter from NASDAQ that it was in violation of NASDAQ Marketplace Rule 5505 in that its bid price was below the required listing standard and that its securities will be delisted from NASDAQ on January 18, [...]

The last notable amount of highly enriched uranium in Turkey has been withdrawn and shipped back to the United States as part of Washington’s global effort to prevent terrorists from acquiring nuclear material, the National Nuclear Security Administration said yesterday (see GSN, Sept. 15, 2009).
To remove the final 11.9 pounds of uranium from Turkey, the [...]