NEW YORK (Reuters) – A man who accused a former Syracuse assistant basketball coach of abusing him as a boy filed a statement in court saying that the assistant coach’s wife had sex with several Syracuse basketball players, and Hall of Fame head coach, Jim Boeheim, should have known. Former Syracuse ballboys, Bobby Davis, … Views: […]
Archive for January, 2012
Do the Saudis Actually Think America Will Allow a Nuclear Power in the Gulf?
Amazon Defense Coalition: In Critical Ruling, Chevron Hit Hard By Federal Appellate Court
To: ENVIRONMENTAL, LEGAL AFFAIRS AND NATIONAL EDITORS Judge Kaplan Ordered To Dismiss Chevron Case Against Ecuador NEW YORK, Jan. 26, 2012 /PRNewswire-USNewswire/ — U.S. representatives for the Ecuadorians, who recently won an $18 billion judgment in Ecuador against Chevron for massive contamination, issued the following statements today about the U.S. Second Circuit Court of Appeals […]
Obama looks to Mich. to revive clean energy debate
DETROIT (AP) — A Michigan factory that made luxury yachts before the recession and diversified to add wind energy products when times got tough was touted by President Barack Obama at his State of the Union Address as an example of an industry creating forward-thinking jobs — with a little help from the government. In […]
No energy industry backing for the word ‘fracking’
NEW YORK (AP) — A different kind of F-word is stirring a linguistic and political debate as controversial as what it defines. The word is “fracking” — as in hydraulic fracturing, a technique long used by the oil and gas industry to free oil and gas from rock. It’s not in the dictionary, the industry […]
Exclusive: Chevron to face charges over Brazil spill
CAMPOS, Brazil (Reuters) – A Brazilian prosecutor plans to file criminal charges against Chevron Corp and some of its local managers within weeks, adding the threat of prison sentences to an $11 billion civil lawsuit as punishment for a November offshore oil spill. The filing in federal court in Campos, Brazil, will likely include a […]
Bay Area Solar Energy Company, NationWize Solar Launches Improved Website, Announces Specials
Bay Area’s solar energy company, NationWize Solar, announces the launch of its newly improved website, as well as special promotions. Benicia, CA (PRWEB) January 27, 2012 Bay Area solar energy company, NationWize Solar, the leading, local full-service developer, is excited to announce the launch of its new and improved website, http://www.natwize.com, which allows visitors to […]
American Lawmakers Warned of Emerging Nuclear Power Market Risks and China’s Possible Domination
Kachan Co. helped educate U.S. Senators and Members of Congress this week on alternative nuclear technologies. Washington, D.C. (PRWEB) January 27, 2012 Cleantech analyst firm Kachan Co. was among a number of voices in Washington this week advocating American lawmakers support new safer, cleaner nuclear power options in the face of growing Chinese enthusiasm for […]
Chevron 4Q profit falls 3 pct on refinery decline
NEW YORK (AP) — Chevron Corp. said Friday that net income slipped 3.2 percent in the fourth quarter as its refineries struggled to pass on the higher cost of crude oil. The San Ramon, Calif. oil giant on Friday reported net income of $5.12 billion, or $2.58 per share, in the final three months of […]
Chevron 4Q profit falls 3 percent on refining
NEW YORK (AP) — Chevron Corp. said Friday that net income slipped 3.2 percent in the fourth quarter as its refineries struggled to pass on the higher cost of crude oil. The San Ramon, California, oil giant reported net income of $5.12 billion, or $2.58 per share, in the final three months of 2011. That […]
Experts cast doubt on Japan nuclear power plant stress tests
Advisers to Japan‘s nuclear safety agency have condemned stress tests being conducted at nuclear power plants around the country as the government seeks international support for the early resumption of dozens of idle reactors. The government ordered tests on all of Japan’s reactors after the March 11, 2011, accident at the Fukushima Daiichi nuclear power […]
Wyo. gov says changing wind energy tax unlikely
CHEYENNE, Wyo. (AP) — Gov. Matt Mead says he’s given up hope that the Wyoming Legislature this year will roll back state tax increases on wind energy production and construction of wind energy projects. Wyoming began imposing a $1 per megawatt hour tax on wind energy production in January. This month, the state also began […]
Chevron profits fall despite higher oil prices
Chevron Corp. reported Friday weaker fourth-quarter profits as higher oil prices were offset by rising tax and operating costs and lower sales. The number-two US energy company said net income was $5.1 billion in the final three months of 2011, down 3.5 percent from a year earlier. Earnings were $2.58 per share, widely missing analysts’ […]
Chevron 4Q profit down 3 pct. on refinery decline
NEW YORK (AP) — Chevron Corp. said Friday that its profit slipped by 3.2 percent in the fourth quarter as its refineries struggled to pass on the higher cost of crude oil. The San Ramon, Calif., oil giant on Friday reported net income of $5.12 billion, or $2.58 per share, in the final three months […]
Chevron 4th quarter profit down 3 percent
NEW YORK (AP) — Chevron Corp. said Friday that its profit slipped by 3.2 percent in the fourth quarter as its refineries struggled to pass on the higher cost of crude oil. The San Ramon, California, oil giant reported net income of $5.12 billion, or $2.58 per share, in the final three months of 2011. […]
Summary Box: Chevron 4Q profit down 3 pct.
STRUGGLING REFINERIES: Rising crude prices cut into fourth-quarter profits at Chevron Corp.‘s refineries, which must buy crude to make gasoline and other fuels. WEAKER PRODUCTION: The San Ramon, Calif., company also had a tougher time pumping more oil, with production declines across its global operation. One of the biggest concerns for the company is its […]
Chevron profit falls as refineries, output suffer
(Reuters) – Chevron Corp reported lower quarterly earnings on Friday, missing Wall Street forecasts, as rising spending on oil and gas projects and losses at its U.S. refinery business offset gains from higher crude oil prices. Its shares were down 2.2 percent at $104.21 by midday, nearly $7 short of the record high they hit […]
Chevron CEO talks about Ecuador legal case
NEW YORK (AP) — Chevron Corp. continues to be dogged by a court battle over environmental damages in the Ecuadorean rainforest. A court in Ecuador handed down an $18 billion judgment against the company, and a federal appeals court in New York said this week that a U.S. District Judge cannot block plaintiffs from collecting […]
Exxon to sell part of Tonen stake for $3.9 billion: sources
(Reuters) – Exxon Mobil Corp reported quarterly earnings that narrowly beat expectations, on higher oil prices and asset sales of about $1 billion, but the company’s shares dropped nearly 2 percent as its oil and gas production fell short of estimates. Exxon, the world’s largest publicly traded oil company, said fourth-quarter … Views: 0
TGEG’s Sleeping Green Energy Giant has Awakened
TGEG can build a better future for our planet and a more sustainable way of life with the Bio Green system and new state of the art technologies supplemented by our engineers. San Fernando, Philippines (PRWEB) January 28, 2012 The much-awaited green energy giant, True Green Energy Group announced today in San Fernando Pampanga along […]
Exxon selling Japanese subsidiary in $3.9B deal
Exxon Mobil Corp. is selling its Japanese refining and marketing business to partner TonenGeneral Sekiyu K.K. in a deal valued at $3.9 billion. TonenGeneral Sekiyu will buy 99 percent of the shares of Exxon Mobil Yugen Kaisha, which refines and sells fuel and lubricants, the Japanese refiner said. Exxon Mobil‘s stake in TonenGeneral will drop […]