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Cnooc and Total sign Agreements to buy stakes in Tullow’s Ugandan assets

Anglo-Irish energy firm Tullow Oil declared on Wednesday that it has agreed to sell part of its Uganda assets to France's Total and China's CNOOC for an amount of USD 2.9 billion.

read more... 01/04/2011

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The impact of Yemen unrest on its LNG export

French oil giant Total warned buyers of liquefied natural gas from Yemen that shipments from the country could face cuts due to increasing political unrest, although the LNG production remains normal for now. If the violent manifestations continue, they would lead to a further force majeure on export.

read more... 24/03/2011

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Greenlots to provide charging stations for electric vehicles in Hong Kong

Greenlots, one of Asia’s leading providers of charging systems for electric vehicles, announced the installation of a network of 15 charging stations in Hong Kong. This step will contribute to the achievement of Hong Kong’s goal in reaching a 30 percent share of hybrid and electric vehicles of the total cars by 2020, thus contributing to the development of the city’s infrastructure.

read more... 11/03/2011

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Gamesa to enlarge its activity in over 3 years

Gamesa, the major Spanish wind energy company announced the increase of its India operations by 25 per cent of its total sales by 2014 as it expects a double growth in the domestic market over the next few years.

read more... 10/03/2011

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Total agrees to purchase a $4 billion stake in Novatek

Total, the third biggest oil company in Europe, agreed to pay $4 billion for a stake in Novatek and for joining the Arctic gas project.

read more... 07/03/2011

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