News Archive for Renewable News

China Sunergy Further Expands Market Share in Germany by Executing A 50 MW Contract with Bull PowerTech GmbH

NANJING, China, Feb. 14, 2012 /PRNewswire-Asia/ – China Sunergy Co., Ltd. (Nasdaq: CSUN) (“China Sunergy” or the “Company”), a specialized solar cell and module manufacturer, today announced the execution of a 50 MW sales contract with Bull PowerTech GmbH (“Bull PowerTech”). The contract is for projects in Europe, and the shipment is expected to be fully completed by the end of 2012. Read more…

Ecopetrol S.A. Announces its Fourth Quarter and Full Year Results for 2011

BOGOTA, Colombia, Feb. 15, 2012 /PRNewswire/ — Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC; BVL: EC; TSX: ECP) (the “Company”) announced today unaudited financial results (under auditing process), both consolidated and unconsolidated, for the fourth quarter and full year 2011, prepared and filed in Colombian Pesos (COP$) and in accordance with the Public Accountancy Legal Framework (Regimen de Contabilidad Publica or RCP) of the Colombian General Accountancy Office in Colombian pesos (COP$). Read more…

Noble Corporation Provides Fleet Contract Status Update

ZUG, Switzerland, Feb. 15, 2012 /PRNewswire/ — Noble Corporation (NYSE:NE) today announced that its report of drilling rig status and contract information has been updated as of February 15, 2012.  The report, titled “Fleet Status Report,” can be found on the Company’s Web site www.noblecorp.com, under the “Quick Links” section of the homepage. Read more…

Chevron Provides Further Detail on the Future Growth Project at the Tengiz Field in Kazakhstan

Chevron Corp. (NYSE: CVX) today reports that its affiliate Tengizchevroil LLP (TCO) expects to enter front-end engineering and design (FEED) in 2012 for an expansion project to increase total daily production between 250,000 and 300,000 barrels. Read more…

Amerisur Resources Announces Platanillo Update

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, announces that it has mobilised the work over rig D-6, owned and operated by Serinco Drilling SA to the Platanillo-2 location in the Platanillo Field, Colombia. Read more…

MEO commences acquisition of WA-454-P 3D seismic survey

MEO Australia Limited (ASX: MEO; OTC: MEOAY) advises that the S/R Veritas Viking II commenced acquisition of the 601 km2 Floyd 3D seismic survey in WA-454-P in the Joseph Bonaparte Gulf region of the Timor Sea (Petrel sub-basin) at 21:23 (WST) on 12th February 2012. The survey is scheduled to take less than thirty days to record. Read more…

CGX Commences Drilling Eagle-1 Well Offshore Guyana

CGX Energy Inc. (TSX VENTURE:OYL) (“CGX” or the “Company”) is pleased to announce that the Eagle-1 well located on the Company’s 100% owned and operated Corentyne Petroleum Prospecting License (“PPL”) has commenced drilling. The Eagle-1 well will be drilled to a depth of 4,250 metres to test the Eocene and Maastrichtian geologic zones. The well is being drilled by the Ocean Saratoga semi-submersible drilling rig owned by a subsidiary of Diamond Offshore Drilling, Inc. (NYSE:DO), a leading drilling contractor with over 40 years of global drilling experience. Drilling is expected to take approximately 60 days. Read more…

Circle Oil Announces New 8 Inch Pipeline, Start of Production

Circle Oil Plc (AIM: COP) the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the commissioning  of the new pipeline and associated infrastructure for its Rharb Basin permits in Morocco. Read more…

Canacol Energy Announces Increased Interest in LLA 23 and Santa Isabel E&P Contracts in Colombia

Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE) (BVC: CNEC) is pleased to announce that its subsidiary, Carrao Energy Sucursal Colombia (“Carrao Colombia”), has acquired an additional 9% and 10% interest in the LLA 23 and Santa Isabel Exploration & Production (“E&P”) contracts, respectively. Following the closing of the transaction, Carrao Colombia holds an 80% interest in the LLA 23 contract and a 100% interest in the Santa Isabel contract. Read more…

Madalena Announces Operation Update

Madalena Ventures Inc. and its wholly owned subsidiary Madalena Austral SA (“Madalena” or the “Company”), is pleased to provide an update on its operations in Argentina. Read more…

TAQA Announces UK North Sea Farm-in Agreements

Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced two farm-in agreements with a subsidiary of Fairfield Energy Limited (Fairfield) for oil and gas licences in the UK North Sea. Read more…

Petrofac Acquires KW Limited

Petrofac, the international oil & gas service provider, announces that it has acquired the entire share capital of KW Limited (KW). Based in Fetcham, near Woking, with an office in Aberdeen, KW is a high-end subsea pipeline consulting and engineering services business with an established reputation in the subsea pipeline market. As at 31 March 2011, KW had gross assets of £2.7 million. The business and its 56 employees will become part of Petrofac’s Engineering & Consulting Services business. Read more…

TGS Announces a Third 3D Multi-client Seismic Survey Offshore Northwest Australia

TGS has commenced acquisition of a 3D multi-client seismic survey in the Outer Exmouth Plateau area.  The new survey, Gnaraloo, covers 2,093 km2 over parts of blocks WA-347-P, WA-348-P and neighbouring open acreage to the north of the Mary Rose Northeast 3D multi-client survey, previously announced in December 2011.  Read more…

ABB reports solid fourth quarter performance, 2011 net income up 24%

ABB reported an increase in profitability in the fourth quarter of 2011 on a combination of strong revenue growth and cost savings. For 2011, the company reached $40 billion in orders for the first time ever and reported record revenues of $38 billion. Read more…

Solimar Energy Announces Second Quarter Interim Financial Report and Management Discussion & Analysis (MD&A)

Solimar Energy Limited (the ‘Company’) is a company domiciled in Australia. The address of the Company’s registered office is 566 Elizabeth Street, Melbourne, Vic 3000. The consolidated interim financial statements of the Company as at and for the six months ended 31 December 2011 comprises the Company and its subsidiaries (together referred to as the ‘Group’). The consolidated annual financial report of the Group as at and for the year ended 30 June 2011 is available upon request from the Company’s registered office or can be downloaded from www.solimarenergy.com.au. Read more…

MEO Australia Announces Half-Year Financial Report and Directors’ Report 31 December 2011

During the half year, MEO prepared and submitted an acreage renewal application to the Designated Authority. Read more…

Helix ESG Announces Construction of Newbuild Semisubmersible Well Intervention Vessel

Helix Energy Solutions Group, Inc. (NYSE: HLX) announced today that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s Chairman and CEO, stated, “We are leveraging our market and technological leadership in subsea well intervention along with the proven success of the Q4000 platform to satisfy an increasing market interest for specialized deepwater well intervention services. We have previously indicated that we intend to address this growing market by delivering new capacity and will continue to expand this business segment further.” Read more…

Calfrac Well Services Ltd. Fourth Quarter 2011 Earnings Release and Conference Call

Calfrac Well Services Ltd. (“Calfrac”) (TSX: CFW) intends to release its Fourth Quarter 2011 results before markets open on Tuesday, February 28, 2012 and has scheduled a conference call and webcast to begin at 10:00 A.M. MT (12:00 P.M. ET) on the same day. If you wish to participate in the conference call, please call (888) 231-8191 or (647) 427-7450 prior to the start of the call and ask for the Calfrac Well Services Ltd. conference call. A webcast of the conference call may be accessed via Calfrac’s website at www.calfrac.com. An update regarding Calfrac’s activities will be presented by D.R. (Doug) Ramsay, C.E.O. and Laura A. Cillis, Senior Vice President, Finance and C.F.O. Following this update there will be a question and answer period. Read more…

Repsol to develop the Reggane North gas fields in Algeria

Repsol and partners Sonatrach, RWE Dea and Edison have been granted authorization from the Algerian national agency ALNAFT (Agence Nationale pour the L’expertise des Hydrocarbures Resources) to develop the North Reggane project in the Algerian Sahara desert. Read more…

Foster Wheeler Awarded Contract for Circulating Fluidized-Bed Steam Generator in Sweden

Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Power Group has been awarded a contract by Lunds Energi, a municipality-owned energy supplier in the Southern region of Sweden, for the design, supply and erection of a 35 MWe (gross megawatt electric) biomass-fired circulating fluidized-bed (CFB) boiler island. Read more…

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