Energy
Con Edison (NYSE:ED) Working To Keep Power Flowing As Union Leaders Refuse to Extend Contract
July 1, 2012. — NEW YORK – Con Edison said today that 5,000 management personnel are now working to maintain electric, gas and steam service to the company’s 3.2 million customers. Trained and experienced management personnel are staffing essential operations, following the refusal by leaders of the Utility Workers Union of America (UWUA) Local 1-2 [...]
DTE Energy (NYSE:DTE) will allow customers to control energy usage
June 29, 2012. — DTE Energy today lauded a report on advanced meters by the staff of the Michigan Public Service Commission. The report, issued today, noted that the electromechanical meters now used by utilities, including DTE Energy, are obsolete and out of production. Furthermore, the MPSC staff report said that based on its review [...]
AES (NYSE:AES) Sells 100% of its Interests in French Wind Assets
Jun. 28, 2012– The AES Corporation (NYSE: AES) announced today that it closed the sale of its interests in wind generation assets in France for approximately €34 million (US$ 42 million) to Boralex Europe S.A. Through its subsidiary AES Southern Europe Holdings, B.V., AES sold the 34.5 MW St. Patrick wind farm and its minority [...]
PG&E (NYSE: PCG) Schedules 2nd Quarter 2012 Earnings Release
Jun 28, 2012. — PG&E Corporation (NYSE: PCG) will hold a conference call for members of the financial community on August 7, 2012, at 11:00 am Eastern Time to discuss its second quarter 2012 results. The public can access the conference call via a simultaneous webcast. The link is provided below and will also be [...]
ConocoPhillips (NYSE:COP) to Hold Second-Quarter Conference Call on Wednesday, July 25
June 29, 2012. — ConocoPhillips (NYSE: COP) will release its second-quarter earnings on Wednesday, July 25 at 8:00 a.m. Eastern time. In addition, a conference call webcast with members of company management will be held at 11 a.m. Eastern time that day. To access the webcast, go to ConocoPhillips’ Investor Relations site, www.conocophillips.com/investor, and click [...]
Dow (NYSE:DOW) and Aksa Announce Formation of Joint Venture for Carbon Fiber and Derivatives
June 29, 2012. — DowAksa to focus on solutions that reduce overall costs, thereby enhancing economics and driving adoption in a broader array of industrial markets Emphasis to be on integrated carbon fiber composite solutions for growing energy, transportation and infrastructure markets globally. The Dow Chemical Company (NYSE: DOW), through its wholly-owned subsidiary Dow Europe [...]
Enterprise (NYSE:EPD) to Participate in J.P. Morgan Infrastructure Conference
Jun. 29, 2012, — Enterprise Products Partners L.P. (NYSE: EPD) announced today that W. Randall Fowler, executive vice president and chief financial officer of its general partner, is scheduled to participate in the J.P. Morgan MLP / Energy Infrastructure 1×1 Conference today, June 29, 2012 in Chicago, Illinois. A copy of the presentation will be [...]
ProShares Launches First -1x Euro ETF (NYSE:EUFX)
Manage the Risk of Potential Declines in the Euro 2012—ProShares, a premier provider of alternative exchange traded funds (ETFs), announced today the launch of ProShares Short Euro (NYSE: EUFX), the first -1x euro ETF in the United States. The ETF lists on NYSE Arca today. EUFX seeks to provide -1x the daily performance of the [...]
Two years with zero Lost Time Incidents on the FPSO Kwame Nkrumah (LON:TLW)
28 Jun 2012, — On 21 June 2012, the FPSO Kwame Nkrumah team in Ghana reached a significant milestone by achieving two years of operations with zero Lost Time Incidents (LTIs). Members of the combined team, which includes the Integrated Project Team, commissioning team, contractors and ongoing Tullow and MODEC operations teams, gathered together to [...]
Agnico-Eagle (NYSE:AEM) Announces Senior Management Change
Stock Symbol: AEM (NYSE and TSX) Agnico-Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico-Eagle” or the “Company”) announced today that Ammar Al-Joundi , Senior Vice-President, Finance and Chief Financial Officer, is leaving the Company, effective July 9, 2012, to assume a similar position with another resource company. “We want to thank Ammar for his contributions, [...]
Natural Gas Weekly Update
(For the Week Ending Wednesday, June 27, 2012) Natural gas prices generally registered overall increases for the report week (Wednesday to Wednesday) at many of the country’s trading locations. The Henry Hub price, which dropped 12 cents per million British thermal units (MMBtu) on Thursday, rose sharply on Monday and again yesterday to close at [...]
Brazil Petrobras (NYSE:PBR), raise fuel prices on 25 June
Brazil’s Petrobras (NYSE:PBR), raise fuel prices on 25 June Petroleo Brasileiro SA Brazil’s state-controlled oil company, said Friday it will increase fuel prices to offset the costs of its investment program. Petrobras, as the company is known, will increase gasoline prices by 7.83% and diesel prices by 3.94% starting Monday, according to a regulatory filing. [...]
America is Shoveling Coal to the Sidelines
Utilities switch to gas as US use of coal rapidly declines. The share of U.S. electricity that comes from coal is forecast to fall below 40 percent for the year – the lowest level since the government began collecting this data in 1949. Four years ago, it was 50 percent. By the end of this [...]
SCE&G Files for Annual Adjustment Under Natural Gas Rate Stabilization Act
SCE&G filed for the increase under terms of the Natural Gas Rate Stabilization Act, a South Carolina law designed to reduce fluctuations in customer rates by allowing for more efficient recovery of the costs regulated utilities incur in expanding, improving and maintaining natural gas service infrastructure. Information supporting the filing will be reviewed by the [...]
Investor Services
Best Hedge Funds 2013
Working with some of the World’s largest financial institutions HCM’s goal is to provide portfolio returns that exceed the S&P 500 Index benchmark while …
UAE Economy Seeing a Spring Boom
HBC
Driven by stable high Crude Oil prices, tourism, diversification and a liberal trade policy, the United Arab Emirates (UAE) witnesses an unprecedented …
Dubai Islamic Bank DISB Trade Alert
Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: …
The Hot List
Enviro-Serv Inc (OTCMKTS:EVSV), Medical Marijuana Inc (OTCMKTS:MJNA)
Enviro-Serv Inc (OTCMKTS:EVSV)
EVSV had a stellar dy yesterday, ut it looks like it is just the begining of big things, good …



























