Dana Gas investing over US$ 500 million in 2008

Tuesday, May 20th, 2008

Major projects and operations underway in Northern Iraq, Egypt, UAE Company looks to expand with new business in GCC and North Africa Dana Gas PJSC, the Middle East’s first and ...


Nigeria: Oando’s First Quarter Turnover hits N69.40 billion

Friday, May 16th, 2008

Q1 2008 highlights compared to 2007 Grows Profit After Tax up by 30% EBITDA increases from N1.92b to N2.77b Operating profit increases by 65%   Oando PLC, Nigeria’s leading integrated energy solutions provider, has announced ...


Chiyoda Announces Financial Results for the Fiscal Year Ended March 31, 2008

Wednesday, May 14th, 2008

YOKOHAMA, Japan--(BUSINESS WIRE)--Chiyoda Corporation (TOKYO:6366)(ISIN:JP3528600004), Japan’s leading engineering and construction firm, today reported its consolidated financial results for the fiscal year ended March 31, 2008. New contracts for the fiscal year ...


Business Roundtable Statement on Senate Energy Legislation

Tuesday, May 13th, 2008

Business Roundtable today made the following statement regarding Senate Energy Legislation: “Today, the Senate will once again consider legislation aimed at solving the growing energy crisis in the United States. While ...


AMEC Chief Executive Samir Brikho appointed chair of UK energy strategy board

Tuesday, May 6th, 2008

London, United Kingdom (6 May 2008) - AMEC Chief Executive Samir Brikho has been appointed chair of a new strategy board tasked with demonstrating the UK's world-leading position in energy ...


TAQA records remarkable profit growth in Q1

Thursday, May 1st, 2008

The Abu Dhabi National Energy Company TAQA yesterday reported financial results for the first quarter 2008. Since first quarter 2007 TAQA has made a number of acquisitions which have been fully ...


Dubai Group acquires 40 per cent stake in India’s Chiranjjeevi Wind Energy

Monday, April 28th, 2008

Dubai Group, the leading diversified financial services company of Dubai Holding, announced Sunday that it has acquired a 40 per cent stake in India's Chiranjjeevi Wind Energy Limited (CWEL), a ...


Eni signs Memorandum of Understanding with Qatar Petroleum

Monday, April 21st, 2008

According to the MoU, both parties will pursue opportunities of mutual interest in order to exploit new or existing resources of natural gas and crude oil. The MoU also envisages ...


ExxonMobil Chemical Company Introduces New Product for Packaging and Agricultural Greenhouse Films with the Potential to Reduce Waste and Energy Consumption

Friday, April 18th, 2008

SHANGHAI--(BUSINESS WIRE)--ExxonMobil Chemical Company today at Chinaplas 2008 showcased a new product, Enable™ mPE, with the potential to significantly reduce waste and energy consumption across a broad spectrum of film ...


Leading Botswana Energy Exploration Company Selects Capital City Energy Subsidiary to Provide Engineers

Thursday, April 10th, 2008

COLUMBUS, Ohio--(BUSINESS WIRE)--Capital City Energy Group, Inc. (OTCBB: CETG) (“Capital City”) announced today that Saber Exploration Pty Limited (“Saber”), a leading Botswana-based exploration and development company, has selected Eastern Well ...


Platts/Capgemini Study Reveals Critical Industry Issues

Tuesday, April 8th, 2008

Platts/Capgemini Study Reveals Critical Industry Issues That Keep North American Energy Executives Up at Night Results from the New Platts/Capgemini Utilities Executive Study Shows an Increased Focus on Environmental Issues and ...


Gaz de France: The French Energy Regulatory Commission Recommends..

Friday, March 21st, 2008

The French Energy Regulatory Commission Recommends New Rates for Third-Party Access to the Natural Gas Distribution Network for the Period Running From 2008 to 2012 PARIS--(BUSINESS WIRE)--Regulatory News: Gaz de France (Paris:GAZ): The ...


NIGERIA News: Gas update

Monday, March 17th, 2008

Government figures in Nigeria could be eyeing up a US$20 billion raid on energy companies. As much as 30 percent of the country's gas production may be set aside for ...


Eni and MIT Sign Energy Research Partnership Advanced Solar Program Planned

Tuesday, February 26th, 2008

The centrepiece of this collaboration will be the Solar Frontiers Research Program which will focus on the development of advanced solar technologies. San Donato Milanese (Milan), 26 February 2008 – Eni ...


Technology Breakthrough Announced by The Alternative Energy Technology Center

Monday, February 25th, 2008

HOUSTON--(BUSINESS WIRE)--The Alternative Energy Technology Center, Inc. (OTC:AETE) announced today that it completed the initial design phase of its Cellulosic Ethanol – Esterified Lignin to Gasoline Unit. This vertically integrated ...


Royale Energy Hits Natural Gas in First Well Drilled in 2008

Tuesday, February 12th, 2008

SAN DIEGO--(BUSINESS WIRE)--Royale Energy, Inc. (NASDAQ:ROYL) has found multiple natural gas filled sands in its Gobel well in the company’s Sacramento basin Lonestar field. The well was drilled to a ...


Eni announces new gas and power price offer

Tuesday, February 12th, 2008

With the new offer "Prezzo Certo Decrescente" ("Reducing fixed price"), Eni's power and gas prices will be capped for two years and will decrease in the second year. As part ...


Privatization Strengthens Brazil’s Energy Industry

Thursday, February 7th, 2008

SAO PAULO, Brazil--(BUSINESS WIRE)--Capitalizing on its large crude oil reserves, which is second only to Venezuela in South America, Brazil has increased its offshore oil extraction efforts. Well-developed infrastructure, an ...


ExxonMobil Technology Delivers New Energy While Reducing Environmental Impact

Thursday, February 7th, 2008

Sakhalin-1 Project Breaks Its 2007 World Drilling Record IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation’s (NYSE:XOM) technology leadership has resulted in another world record-setting well at the Sakhalin-1 oil project in eastern Russia, ...


Downwards Movement in January for Global Clean Energy Stocks as Seen in the NEX; However the Sector Remains Dominated by Growth Overall

Tuesday, February 5th, 2008

LONDON--(BUSINESS WIRE)--Clean energy stocks worldwide as measured by WilderHill New Energy Global Innovation Index (NEX) saw a recent marked decline of -18.2% for January 2008, but are up 69% since ...


Eden Energy To Install and Supply India’s First Public Hydrogen Fueling Station

Monday, February 4th, 2008

LITTLETON, Colo.--(BUSINESS WIRE)--Eden Energy Ltd., through its wholly-owned subsidiary Hythane Company LLC, has been selected by IndianOil Corporation to install and supply the first public hydrogen fueling station in India. ...


Yingli Green Energy Announces 2008 Guidance for Photovoltaic Module Shipments and Attainment of Significant Operating Milestone

Monday, February 4th, 2008

BAODING, China--(BUSINESS WIRE)--Yingli Green Energy Holding Company Limited (NYSE: YGE) (“Yingli Green Energy” or the “Company”), one of the world’s leading vertically integrated photovoltaic (PV) product manufacturers, today announced guidance ...


TSAKOS ENERGY NAVIGATION ANNOUNCES THREE-YEAR CHARTERS FOR DOUBLE-HULL NEWBUILDING PANAMAX TANKERS SELECAO AND SOCRATES

Wednesday, January 30th, 2008

Vessels to be delivered in February and March 2008 in South Korea Charters to generate over $57 million in gross revenues ATHENS, GREECE – January 28, 2008 - Tsakos Energy Navigation Limited ...


International Energy Develops Continuous Bio-Oil Extraction Process from Microalgae

Tuesday, January 29th, 2008

Breakthrough discovery follows on the heels of novel custom-made nutrient delivery protocols for the efficient and enhanced growth of hydrocarbon accumulating microalgae. VANCOUVER, British Columbia--(BUSINESS WIRE)--International Energy, Inc. (OTCBB: IENI), ...