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With AFP Story by Veronique DUPONT: US-E

Nobody can predict the future. But from markets to sports, so much of our world is focused on speculation. Ohio-based FirstEnergy has a habit of missing market predictions in spectacular fashion, often because the numbers it advances “prove” the political point that would most benefit the utility’s bottom line. Consider the case of Environmental Protection… Keep reading →

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A Joint Venture in Colombia That May Never Make Any Money  Late last year BHP Billiton—along with Glencore and Anglo American Plc, its two joint venture partners in the Cerrejón coal mine in Colombia—completed a $1.3 billion expansion project to supply an additional eight million tons of thermal coal a year to global markets. It… Keep reading →

BHP Billiton Announces Record Financial Results

A blockbuster of an article is out today describing some highly questionable associations and dealings around Adana’s long-running scheme to turn the Galilee Basin of northern Queensland into a coal mine. The article, published this morning in the Sydney Morning Herald and reprinted in more than 100 papers across Australia, describes a “complex corporate structure”… Keep reading →