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Latest Politics |
Global Energy Development launches three year plan Mar 12, 2010Global Energy Development has reported details of its Three Year Plan running 2010 through to the end of 2012 prepared in conjunction
Cove Energy raises cash to fund Mozambique drilling operations Mar 12, 2010Cove Energy says that Cenkos Securities Plc, on behalf of the Company, has conditionally raised approximately £25.7 million (before expenses)
Helix updates strategic direction for Oil & Gas business Mar 9, 2010Helix Energy Solutions says that it is engaging financial advisors to assist the Company in evaluating the strategic alternatives available
Yemen’s Push Into the Gas Sector Fails to Stimulate Great Excitement and Raises Disturbing Questions Mar 8, 2010With Yemen’s oil revenues plunging, the government’s push into the gas market seemed like an economic saving grace for a state wracked by poverty and terrorism, but analysts warn more thought should be given to carving out the country's post-petroleum era.
Renewed Battle for the Falkland Islands Suits the Embattled British, Argentine Leaders, and Others Mar 8, 2010The artificially-engendered revival of the dispute, which began in February 2010 between Argentina and the United Kingdom over the sovereignty of the Falkland Islands in the South Atlantic....
Ocean Power Technologies gets EC grant for Spanish project Mar 5, 2010Ocean Power Technologies, Inc. (OPT) reports the award of EUR 2.2 million under the European Commission's Seventh Framework Programme (FP7), by
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Candax receives credit approval from Bank of ScotlandMar 4, 2010Candax Energy confirms that credit approval has been received from the Bank of Scotland to the terms of a substantial restructuring of the US$45 million loan facility
Dominion to raise £32.7M for exploration programme in UgandaMar 2, 2010Dominion Petroleum, which has exploration interests in Central and Eastern Africa, has raised £32.7m (approximately $50m) through a planned placing of
Rolls-Royce launches cash offer for OdimMar 1, 2010Rolls-Royce has reached an agreement with the Board of ODIM ASA to launch a voluntary cash offer for all outstanding shares of ODIM ASA.
Seadrill reports fourth quarter and preliminary 2009 resultsMar 1, 2010Seadrill reports preliminary consolidated revenues for 2009 of US$3,254 million as compared to revenues of US$2,106 million in the 2008 accounts.
GulfMark Offshore completes reorganizationFeb 25, 2010GulfMark Offshore completed its reorganization with its former parent, GulfMark Offshore, Inc. (Old GulfMark), with the Company being the surviving corporation
Etrion inteds to change TSX listing categoryFeb 25, 2010Etrion Corporation confirms that the Toronto Stock Exchange (TSX) is reviewing the Company's listing as a result of its recent change of business focus from
Noble Energy provides 2010 plansFeb 23, 2010Noble Energy has declared its 2010 capital budget and guidance.
TNK-BP approves a $1.8 billion investment in major projectsFeb 18, 2010TNK-BP has declared the results of a meeting of the Board of Directors of TNK-BP Limited, the ultimate holding company of the TNK-BP group of companies
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ONGC to invest up to $30 billion on overseas assetsFeb 18, 2010India's state-run Oil and Natural Gas Corporation (ONGC) has said budgeted to invest between $25 billion and $30 billion over the next ten years in an attempt
San Leon extends working capital facility to Island Oil & GasFeb 12, 2010Further to the announcements on 23 December 2009 and 29 January 2010 regarding the provision of a €500,000 working capital facility to Island Oil & Gas plc
Stuart gets approval for Timor Sea permit saleFeb 12, 2010The Foreign Investment Review Board has notified its approval of the sale of Stuart Petroleum 's interest in Timor Sea petroleum exploration permit AC/P33
EPL increases full year 2010 production guidanceFeb 8, 2010Energy Partners expects to exceed fourth quarter 2009 production guidance and has increased its full year 2010 production guidance.
North Energy reports successful initial public offeringFeb 8, 2010North Energy ASA, reports the successful completion of its Initial Public Offering.
Petrobras to raise new investment via share saleFeb 5, 2010State-run Brazilian oil major Petroleo Brasileiro (Petrobras) has laid out plans to raise between $15-$30 billion through a share sale to minority investors.
Fifth Ring secures over £1.3 million of new business in 2009Feb 4, 2010Fifth Ring Integrated Corporate Communications is looking forward to year of sustained growth in the next 12 months after it revealed it had secured contract
Suncor Energy provides operational goals for 2010Feb 3, 2010Suncor's Board of Directors has approved a $5.5 billion capital spending plan for 2010. Approximately $1.5 billion will be directed toward growth project funding
Gaffney Cline to act as third party resource/reserve auditors for Tethys in OmanJan 28, 2010Tethys Oil has contracted Gaffney, Cline & Associates (GCA), an independent international petroleum consultancy, for the third party audit of the Farha South
Chevron makes final investment decision on Papa Terra project offshore BrazilJan 28, 2010Chevron Corporation says that its Brazilian subsidiary will proceed with the development of the Papa Terra project as the company's second deepwater development
Ivanhoe Energy raises Cdn$125 million through private placementJan 27, 2010Robert Friedland, Co-Chairman, President and CEO and David Dyck, Executive Vice President, Capital Markets of Ivanhoe Energy Inc. has raised Cdn$125
ERHC seeks listing on AIM market of the London Stock ExchangeJan 21, 2010ERHC Energy Inc. has commenced the process of seeking a listing on the AIM Market of the London Stock Exchange.
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