Florida firm acquires Wood Energy for $6.4 million
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BY DYLAN T. LOVAN
The Associated Press
CENTERTOWN, Ky. — A five-minute drive from this community’s lone gas station leads to a gateway to untapped riches: A bed of coal twice the size of Lake Michigan.
Earth-movers are peeling back layers of…
BY EDMUND L. ANDREWS
New York Times
WASHINGTON — The country’s top regulator of commodity markets said Tuesday that the government should “seriously consider” strict limits on the trades of purely financial investors in the futures markets for oil, natural gas and…
Tom Carnahan, the chief executive and founder of St. Louis-based Wind Capital Group, was named to the board of the American Wind Energy Association, the 1,900-member trade group representing the nation’s wind-power industry.
Carnahan, the son of late Gov. Mel…
Ethanol producer POET LLC and Magellan Midstream Partners will study the feasibility of a dedicated ethanol pipeline (map) stretching 1,700 miles from the cornfields of Iowa to the East Coast.
The $3.5 billion pipeline would run through the nation’s two largest corn-producing states, including Illinois, and on…
Peabody Energy Corp. named M. Frances Keeth, a former Royal Dutch Shell Plc executive vice president, as a new director, increasing the size of the board to 11.
Keeth was formerly CEO of Shell Chemicals Ltd. and would figure to play a…
Moody’s Investors Service called Ameren Corp.’s 39 percent dividend cut, announced late Friday, a “conservative, prudent and credit positive action that will conserve cash and support financial coverage metrics.” But the move wasn’t enough to merit a ratings upgrade. Moody’s still…
From President Barack Obama down, energy efficiency seems to be the topic du jour these days as we look for ways to cut down on energy use. Whatever stimulus bill emerges from Congress is certain to include billions of dollars for businesses and…