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Statoil Eyes $32B Investment To Boost Output

Δευ, 20 Ιουνίου 2011 - 17:09

Norwegian oil giant Statoil ASA (STL.OS) will spend $32 billion on exploration and production over the next two years as it aims to ramp up production to above 2.5 million barrels of oil equivalents a day over the next 10 years.

Gazprom Neft: Schlumberger To Drill Wells At Iraq Badra Field

Δευ, 20 Ιουνίου 2011 - 17:08

A consortium led by Russian state oil producer OAO Gazprom Neft (SIBN.RS) has picked Schlumberger Ltd. (SLB) to drill the first wells at the Badra field in Iraq, the Russian company said Monday.

Crude Lower As Greek Crisis Weighs

Δευ, 20 Ιουνίου 2011 - 17:08

Crude futures fell Monday on increasing concerns Greece's debt crisis will lead to a slowdown in the global economy.

Sarkozy: Areva CEO Replacement Decision Based On Continuity

Παρ, 17 Ιουνίου 2011 - 16:57

The French government's decision to replace state-controlled Areva SA's (AREVA.FR) Chief Executive Anne Lauvergeon with her deputy is based on continuity, President Nicolas Sarkozy said Friday.

China Sunergy Cuts Shipment Outlooks

Παρ, 17 Ιουνίου 2011 - 16:57

China Sunergy Co. (CSUN) lowered its shipments outlooks for the second quarter and the year, citing increasing financing delays that slowed some shipments in July and potentially could lead to some order cancellations.

Gazprom Deputy CEO: Russia, China Very Close To Gas Supply Deal

Παρ, 17 Ιουνίου 2011 - 16:57

Russia and China are very close to reaching a long-term gas supply deal, Alexander Medvedev, a senior executive of Russian state-owned gas firm OAO Gazprom (GAZP.RS) said Friday.

TNK-BP Hopes To Close Brazil Buy Within Month, Eyes Other Assets

Παρ, 17 Ιουνίου 2011 - 16:56

BP PLC's (BP) Russian joint venture TNK-BP Ltd. (TNBP.RS) hopes to close a deal to buy a 45% stake in an oil and gas deposit in Brazil's Solimoes region from Petra Energia SA within one month, the company's Deputy Chief Executive Maxim Barsky said Friday.

Libya Rebel Chief Denies Negotiations With Gadhafi Regime

Παρ, 17 Ιουνίου 2011 - 16:56

Libyan rebel chief Mahmoud Jibril Friday denied suggestions by a Russian envoy that the insurgents had been negotiating with Moammar Gadhafi's regime.

Maersk Oil Invests $1B In North Sea Oil Field

Παρ, 17 Ιουνίου 2011 - 16:56

MAERSK OIL, the oil and gas unit of Danish shipping and oil conglomerate A.P. Moller-Maersk A/S (MAERSK-B.KO), said Friday it has approved a major investment in the development of a U.K. North Sea oil field in which it holds a minority stake.

Seimens Invests €24 mil. in the Serbian Production of a New Type of Generator

Παρ, 17 Ιουνίου 2011 - 15:17

German company Siemens will hire another 150 people in its Subotica plant and invest €24 million in the production of a new type of generator over the next 18 months. The patent for this generator has recently been developed by one of the company's engineers and Siemens headquarters has decided to implement the first generator of this kind in Subotica.

Commission Renews Push for 2030 Renewables Target

Παρ, 17 Ιουνίου 2011 - 15:16

The European Commission has put its full weight behind a new target to raise the share of renewables in the continent's energy mix by 2030.

US Installs 252 MW, Makes 348 MW Of Solar Panels In 1Q

Πεμ, 16 Ιουνίου 2011 - 15:35

The U.S. installed 252 megawatts of solar-panel generators in the first quarter, up two-thirds over the same period a year ago, while U.S. factories produced 348 megawatts of solar panels, a third more than a year ago, according to a study released Thursday.

China Longyuan Power To Invest In Wind Power Project In Canada

Πεμ, 16 Ιουνίου 2011 - 15:35

China Longyuan Power Group Corp. (0916.HK), the country's largest producer of wind-generated electricity, will invest and operate a wind power project near Canada's Toronto city, the company's president said Thursday.