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TomCo Energy Signs Letter Of Intent With Avenue Grp

TomCo Energy Signs Letter Of Intent With Avenue Grp

Δευ, 21 Ιανουαρίου 2008 - 02:01

TomCo Energy announced Monday that it has Monday signed a Letter of Intent (LOI) with Avenue Group, a NY based U.S. listed Oil & Gas Company, and its wholly-owned subsidiary Avenue Energy Israel, to acquire a 50%. interest in the Heletz-Kokhav License awarded to AEI by the Israel Petroleum Commission.

Abu Dhabi To Invest $15B Under Masdar Energy Initiative

Abu Dhabi To Invest $15B Under Masdar Energy Initiative

Δευ, 21 Ιανουαρίου 2008 - 01:57

Abu Dhabi, the largest U.A.E. emirate and holder of almost all of the country's oil reserves, will spend as much as $15 billion on its Masdar initiative dedicated to alternative and sustainable energy, a top government official said Monday.

German Regulator Confirms Cuts RWE,EnBW,Vattenfall Grid Fees

German Regulator Confirms Cuts RWE,EnBW,Vattenfall Grid Fees

Παρ, 18 Ιανουαρίου 2008 - 07:17

German power network regulator, the Bundesnetzagentur, Friday confirmed that it has cut grid access fees for the electricity transmission grids operated by RWE AG (RWE.XE), EnBW Energie Baden-Wuerttemberg AG (EBK.XE) and Vattenfall Europe AG (VTT.XE).

Hungarys MOL, Indias ONGC Sign Cooperation Agreement

Hungary's MOL, India's ONGC Sign Cooperation Agreement

Παρ, 18 Ιανουαρίου 2008 - 07:14

Hungarian oil and gas company MOL Nyrt. (MOL.BU) said Friday that it will sign later Friday a cooperation agreement with India's Oil & Natural Gas Corp., or ONGC (500312.BY).

Norway Oil, Gas License Round Attracts Big Interest

Norway Oil, Gas License Round Attracts Big Interest

Παρ, 18 Ιανουαρίου 2008 - 07:12

Interest in Norway's 20th oil and gas licensing round has risen considerably, Norway's Ministry of Petroleum and Energy said Friday, with nominations received from 46 companies for 301 blocks or parts of blocks.

Lukoil To Take Over TGK-8 By Year-End - Vedomosti

Lukoil To Take Over TGK-8 By Year-End - Vedomosti

Παρ, 18 Ιανουαρίου 2008 - 03:46

Russian oil producer OAO Lukoil Holdings (LKOH.RS) will take control of utility OAO TGK-8 (TGKH.RS) by the end of the year, the Vedomosti business daily Friday cited Chief Executive Vagit Alexperov as saying.

Aker Kvaerner Signs Framework Agreement With Shell

Aker Kvaerner Signs Framework Agreement With Shell

Παρ, 18 Ιανουαρίου 2008 - 03:42

Aker Kvaerner has signed a five-year partnership agreement with Shell covering the provision, installation, commissioning and life-of-field support of subsea control systems in the North Sea.

CEZ Supervisory Bd Member Sees Higher Power Prices - Report

CEZ Supervisory Bd Member Sees Higher Power Prices - Report

Παρ, 18 Ιανουαρίου 2008 - 03:40

A state-appointed member of the non-executive supervisory board of state-controlled Czech power company CEZ AS (BAACEZ.PR) said Czech electricity prices will grow roughly at an annual rate of 10% over the next three to six years, a local newspaper published Frida

Iran Nuclear Envoy Says US Rhetoric Is Election Ploy -AFP

Iran Nuclear Envoy Says US Rhetoric Is Election Ploy -AFP

Παρ, 18 Ιανουαρίου 2008 - 03:35

Iran's chief nuclear negotiator Saeed Jalili on Friday criticized a U.S. drive to impose sanctions over its atomic program, saying Washington's tough talking was little more than an election ploy.

New-Generation Plastic Bags that Self-Destruct

New-Generation Plastic Bags that Self-Destruct

Παρ, 18 Ιανουαρίου 2008 - 02:18

A leaf that falls from a tree takes just one year to be absorbed into the soil, but a plastic bag survives for a century. Plastic bags in landfill sites make it difficult for organic refuse to biodegrade. For example, food scraps discarded in a closed plastic bag take 30-70 years to break down.