News Archive - March 2009

U.S. pledges $6 billion for cleanup

Department of Energy begins clean-up of waste left behind by former nuclear weapons program

Areva to provide 80 offshore wind turbines to German offshore project

Renewables arm of Areva says project scheduled for 2011

U.K. promise $14 million for offshore wind technology

Government hopes to meet renewable energy targets

Pipeline politics

Nabucco still a priority for E.U.

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Canada to give $114 million for carbon-capture projects

Government to help fund eight CCS projects in western Canada

PetroChina looks for approval to issue up to $14.6 billion worth of bonds

Net profit drops 22 percent in 2008

Halliburton granted four year contract extension

Extension worth $100 million

Total scaling back oil production

Weakening demand forces European oil producer to cut production at Texas refinery

BG wins control of Pure Energy

Move boosts BG’s gas assets

Brazil officially invited to join OPEC, reports

Brazil to develop sub-salt oil reserves

The Petrocan-Suncor deal: The new Canadian energy giant

Energy executives might want to ask which oil and gas companies will be next

Suncor to buy Petro-Canada

Oil and gas rivals merge to create Canada’s largest energy company

Southern Pacific to acquire Saxony Petroleum

Deal will boost Southern Pacific’s production

Calls to avert dramatic fall in North Sea exploration

Oil leaders call for tax relief to keep North Sea exploration competitive

Libya’s oil firm eyeing Verenex Energy

State-owned oil company said would match China National Petroleum's offer

ConocoPhillips sees prospects improving

Energy giant outlines key steps to keep it profitable, says investment will only be slightly down from 2008

Paulson buys into South African gold miner

Anglo American sells stake to produce more industrial metals

More consumers warm to nuclear power, Accenture survey finds

More in favour of nuclear over concerns of energy security, climate change and volatile fuel prices

Sunoco to reduce workforce

Expects to reduce costs by $300 millions on an annualized basis

New chairman joins Rio board

Australian opposition to Chinalco deal growing louder

Fossil fuels part of energy mix, minister

Saudi Arabia cautions against shift to renewable energy

Chevron steps up development efforts

Despite economic slowdown, Chevron to ramp up oil production in anticipation of increased demand

To cut or not to cut?

All eyes on weekend OPEC meeting as 12-member cartel could cut production

Global oil demand to drop, International Energy Agency

Revised forecast for 2009

$780 million coming in next few days for energy efficiency, Biden

Investment will create 87,000 new jobs says U.S. Vice President

Lots in reserve, says British Petroleum

Oil giant says it has been able to build its reserves faster than produce output for 15 straight years

Calls for coal power to be phased out growing louder

E.U. MP’s urged to back vote that would see stricter emission legislation

OPEC ready to accept Russia as member, according to reports

Calls for more cooperation between OPEC and non-OPEC countries

Shell and Codexis deepen relationship

Partnering to develop biofuels

Russia, Hungary create joint venture on South Stream pipeline

Hungary looking to secure natural gas supplies

Natural gas needs going unmet

Stable, sensible policy frameworks that encourage long-term investment is exactly what is needed, says Exxon chief

Oil prices increasing amid speculation OPEC will announce output cut

Fourth cut in production expected

Siemens, Russia agree to nuclear deal

Joint venture will cover all aspects of nuclear energy production and conversion

Report warns of global water worries

Water shortages cause a “trilemma” in energy industry

Canada invests in hydroelectric project with GE and Plutonic

Project will curb emissions and create jobs, says minister

Malta signs on to modernize electricity grid

Five-year agreement with IBM will transform how utilities are delivered to nation’s entire population

Russia and Spain pen energy deal

Gazprom and Gas Natural sign deal on sidelines

Shell shuts down some Nigerian operations after pipeline blasts

Facilities close to minimize damage

Wind industry is on the move

China poised to become a wind energy giant surpassing U.S. and Europe

Croatia and Hungary sign gas transit deal

Energy security main motivation

Tullow Oil looks for partners

Chinese companies on shortlist

Canadian environment minister heads to Washington

Talks about continental cap and trade system on agenda

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