Prophecy Coal Corp. (PRPCF: OTCQX International) | Prophecy reaches 25-year Tariff Agreement for The Chandgana Power Project
May 17, 2013 OTC Disclosure & News Service Vancouver, BC, Canada – Prophecy Coal Corp. (“Prophecy” or “The Company”) (TSX: PCY, OTCQX: PRPCF, Frankfurt: 1P2) is pleased to announce that the Company has received official correspondence from the Head of the Chandgana project working group (the “Working Group”) designated by the Mongolian Ministry of Energy, [...]
AECL to cost $236M more than expected this year
A new report from the parliamentary budget officer shows Atomic Energy of Canada Ltd. continues to be a drain on the public purse. The report says the government’s supplementary estimates ask for an additional $236 million for AECL, bringing the total for the 2013-14 fiscal year to $362 million. The budget watchdog says although Ottawa’s [...]
The Hottest North American Shale Plays: Josh Young
Source: Alec Gimurtu of The Energy Report (5/16/13) Not all the shale plays are created equal, and one in particular is bucking the trend with robust economics and company share prices that show it. But is it too late to buy in? Fund Manager Josh Young doesn’t think so, and he sat down with The [...]
Investors Already Thinking Recovery For Cummins
Seeing as it is no simple task to find a company with the right mix of good management, competitive products, and attractive long-term markets, I understand why investors are slow to give up on companies that feature these attributes. All the same, it looks like the Street has already looked past this lull in Cummins’ [...]
3 European oil companies probed for price-fixing
European anti-trust authorities have launched investigations into at least three oil companies on suspicion of price-fixing. Britain’s BP, Royal Dutch Shell and Norway’s Statoil confirmed they are subject to the inquiry announced Tuesday by the European Union’s executive arm, the Commission. Statoil said a raid at its headquarters in Stavanger, Norway, was carried out with [...]
Reminder * PMEA is our Low Priced Two Cent Solar P… – (CREW) (PMEA) (MPVS)
Afternoon Members, VIP CREW: Panoramic view anyone As I stare out of my Las Vegas spacious 1200 square foot corner penthouse suite amid an absolutely beautiful Tuesday afternoon…I can not help noticing just how many solar panels and products are installed, placed and positioned practically every direction I look. Times are indeed changing day in and day out when it comes to alternative energy…Time to revolutionize the industry people! Speaking of shining bright inside the solar space…that brings me to our New Two Cent Solar Alert for Wednesday
Advanced Energy Industries Hanging On For The Turn
There’s a quote you will hear once in a while around racing tracks that goes “to finish first, first you have to finish”. Given the nasty cyclical decline in semiconductor and flat panel manufacturing, and the near-death spiral of solar power, that seems like a relevant starting point for a discussion of Advanced Energy Industries [...]
Wind energy storage tested at institute
The Wind Energy Institute of Canada in western P.E.I. has purchased a $3-million system for storing wind energy, which it expects to begin tests on before the end of the year. Institute CEO Scott Harper told Investor Central the experimental system will be connected to the Institute’s new 10-megawatt wind farm. The power convertor and [...]
Keith Schaefer Names the Last-Standing Shale Plays
Source: Peter Byrne of The Energy Report (5/9/13) Shale oil has been North America’s great experiment, says Oil & Gas Investments Bulletin Editor Keith Schaefer. But in this interview with The Energy Report, he questions the experiment’s success and predicts steep declines ahead, with just a few formations left to supply the market. The question [...]