Topic: Energy Sector

Coal prices ready to burn hot in 2010?

Ways investors can play this commodityFor most of the past 50 years, since the birth of environmental awareness, coal has been the "black sheep" of the power-production family. Now, thanks to more efficient furnaces, better exhaust-scrubbing systems and other technological advances, coal is regaining favor in the world's energy ...
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Baker Hughes, BJ Services to reconvene meetings

Baker Hughes, BJ Services to reconvene meetings at end of month about saleShareholders of oil services company Baker Hughes Inc. and BJ Services Co. voted Friday to adjourn their meetings until the end of the month, as both sides continue to see antitrust approval for the sale of BJ Services ...
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Oil prices drop, driven by strong dollar

World oil prices fell further on Friday as a strong US currency dented investor enthusiasm for dollar-priced crude, analysts said. New York's main contract, light sweet crude for April delivery fell 59 cents to 81.61 dollars a barrel. London's Brent North Sea crude for May delivery was ...
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Arrow shares halted; Shell/PetroChina to sweeten bid?

SYDNEY (Reuters) - Australia's Arrow Energy Ltd <AOE.AX> asked for trading in its shares to be suspended on Friday, stoking speculation that Royal Dutch Shell <RDSa.L> and PetroChina <0857.HK> would sweeten their joint $3 billion offer for the coal-seam gas producer ...
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