Latest news
Statoil to explore deepwater prospect in Gulf of Mexico
The Norwegian oil firm said on Wednesday that it is buying a stake in a deepwater prospect, called Kakuna in the Gulf of Mexico, operated by Nexen, a global energy leader based in Canada.
read more... 10/06/2011
BP to sell a package of U.K. assets to Perenco for up to $610 million
The British oil giant BP Plc announced on Tuesday a deal to sell its interests in the Wytch Farm, Wareham, Beacon and Kimmeridge oil fields in the UK to European oil and gas company Perenco UK Ltd. for up to $610 million in cash, as it plans to equilibrate its balance sheet following the last year’s Gulf of Mexico oil spill. Under this deal, BP aims to divest about $30 billion per year.
read more... 18/05/2011
Chevron to develop one of the largest CPV facilities in New Mexico
One of the largest concentrating photovoltaic solar power facilities of the USA will be built in the North of New Mexico (in Questa) with high solar irradiation potential and will represent the unique solar power generation source in that region.
read more... 21/04/2011
EU to hit oil drilling companies for coastal pollution
EU energy commissioner Guenther Oettinger plans to adopt a more stringent attitude on oil companies with a series of measures to prevent leaks in EU water as it happened in the Gulf of Mexico last year.
read more... 20/04/2011
BP shareholders want to sell twice more assets than the company’s current plan
BP is facing a pressure from its biggest investors to sell off more than the double of the assets BP is currently selling as a program of radical reorganization. The investors are claiming that BP's chief executive, Bob Dudley, has the opportunity to change the company into a more dynamic one, following the devastating oil spill in the Gulf of Mexico.
read more... 18/04/2011