Sustainable Marine Technologies Joins RenewableUK

Friday, Oct 29, 2010
Sustainable Marine Technologies (SMT), the innovative company creating practical engineering solutions for the marine renewable energy industry, has become a corporate member of RenewableUK.

Clarification about the New Discovery in the Sergipe Basin

Petrobras clarifies news released yesterday regarding the volume of investments and hydrocarbons in the recent discovery made in the Sergipe Basin.

Nexen Announces Third Quarter Results

Nexen Inc. announces third quarter cash flow of $485 million and net income of $537 million. Quarterly net income reflects the successful sales of our heavy oil properties in Canada and our North American natural gas marketing business.

Exxon Mobil Corporation Announces Estimated Third Quarter 2010 Results


Earnings were $7,350 million, an increase of 55% or $2,620 million from the third quarter of 2009.
Earnings per share were $1.44, an increase of 47%.
Capital and exploration expenditures were $8.8 billion, up 35% from the third quarter of 2009.
Oil-equivalent production increased over 20% from the third quarter of 2009. Excluding the impacts of entitlement volumes, […]

Husky Receives Madura Strait Production Sharing Contract Extension

Husky Energy is pleased to announce it has received approval from the Government of Indonesia for an extension to the existing Madura Strait Production Sharing Contract (PSC), originally awarded in 1982. The Madura Strait PSC includes the Madura BD and MDA fields, as well as numerous other prospects and leads.

Patterson-UTI Energy Reports Financial Results for Three and Nine Months Ended September 30, 2010

PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today reported financial results for the three and nine months ended September 30, 2010. The Company reported net income of $29.4 million, or $0.19 per share, for the third quarter of 2010, compared to a net loss of $18.6 million, or a loss of $0.12 per share, for the quarter ended […]

Foresight Group invests in large-scale solar development

It is no surprise that since the good news about the future of the UK’s feed-in tariff was revealed there have been several announcements about renewable energy projects across the country. In line with this trend, installer Solarcentury has received financial support from Investment management firm Foresight Group.

UK’s wind farm plans in disarray

Hundreds of local revolts against wind farms have jeopardised the plan to use them to generate more than a quarter of Britain’s electricity, figures seen by The Independent reveal.

Siemens concludes framework agreement with Enel Green Power for 260 wind power turbines

Siemens has concluded a framework agreement with Enel Green Power for the supply of up to 260 wind power turbines for various wind farms in Europe. The total capacity of the onshore turbines is 600 megawatts, sufficient to supply more than 350,000 European households with clean wind power. The agreement with the subsidiary of the […]

Strong third quarter for Vattenfall

Increased operating profit and higher electricity generation volumes