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May 22, 2013 -- Updated June 17, 2012 15:09 HKT

Energy

Con Edison (NYSE:ED) Working To Keep Power Flowing As Union Leaders Refuse to Extend Contract

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 [...]

Read More » No comment July 1, 2012
DTE Energy (NYSE:DTE) will allow customers to control energy usage

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 [...]

Read More » No comment July 1, 2012
AES (NYSE:AES) Sells 100% of its Interests in French Wind Assets

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 [...]

Read More » No comment July 1, 2012
PG&E (NYSE: PCG) Schedules 2nd Quarter 2012 Earnings Release

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 [...]

Read More » No comment July 1, 2012
ConocoPhillips (NYSE:COP) to Hold Second-Quarter Conference Call on Wednesday, July 25

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 [...]

Read More » No comment July 1, 2012
Dow (NYSE:DOW) and Aksa Announce Formation of Joint Venture for Carbon Fiber and Derivatives

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 [...]

Read More » No comment July 1, 2012
Enterprise (NYSE:EPD) to Participate in J.P. Morgan Infrastructure Conference

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 [...]

Read More » No comment July 1, 2012
ProShares Launches First -1x Euro ETF (NYSE:EUFX)

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 [...]

Read More » No comment July 1, 2012
Two years with zero Lost Time Incidents on the FPSO Kwame Nkrumah (LON:TLW)

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 [...]

Read More » No comment July 1, 2012
Agnico-Eagle (NYSE:AEM) Announces Senior Management Change

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, [...]

Read More » No comment July 1, 2012
Natural Gas Weekly Update

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 [...]

Read More » No comment June 29, 2012
Brazil Petrobras (NYSE:PBR), raise fuel prices on 25 June

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. [...]

Read More » No comment June 24, 2012
America is Shoveling Coal to the Sidelines

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 [...]

Read More » No comment June 17, 2012
SCE&G Files for Annual Adjustment Under Natural Gas Rate Stabilization Act

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 [...]

Read More » No comment June 17, 2012
RESEARCH 1 of 6
USD/ZAR South African Rand Outlook

USD/ZAR South African Rand Outlook

Shayne Heffernan takes a look at the USD/ZAR

USD/ZAR closed above the upper band by 10.6%. Although prices have broken the upper band and an upside breakout is possible, the most likely scenario is for the current …

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UAE Economy Seeing a Spring Boom

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Short Term: Overbought
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Guest: bztg, come on shane, lite this puppy up. been waiting too long lets go!!!

Tue, 04/30/13 | 0 Comment

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Guest: gsat get it now. if u snooze u lose

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