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Chesapeake falls short of 2Q revenue expectationsBy MARK WILLIAMS Chesapeake Energy said Monday that it posted a second-quarter profit, one year after the natural gas producer recorded a $1.6 billion loss due to hedging.Stripping out one-time costs, however, Chesapeake Energy said profit was down from last year with natural gas prices off 70 percent.The company also said it is continuing to ...
Topix.net Tuesday, August 04, 2009HECO's Oahu customers will pay more
Hawaiian Electric Co. customers on Oahu will see their monthly electricity bills increase under an interim rate hike that went into effect Monday.
Biz Journal Tuesday, August 04, 2009CenterPoint pursues funds for update of grid
CenterPoint Energy is applying for $200 million in federal funding to speed up deployment of “smart grid” technology, including the smart meters in the Houston area.
Houston Chronicle Tuesday, August 04, 2009Tab climbs again for Marathon refinery expansion
Marathon Oil Corp. says an expansion of its Garyville, La., refinery will cost $3.7 billion, almost 10 percent more than its previous estimate.
Houston Chronicle Tuesday, August 04, 2009Federal agents search Florida bank branch of Colonial BancGroup
Federal agents entered the Orlando, Fla., branch of financially troubled Colonial BancGroup Inc.
Topix.net Tuesday, August 04, 2009Taqa takes over Brent System
Abu Dhabi National Energy Company (Taqa) has formally taken over operation of the North Sea Brent System pipeline and facilities from Shell, which had been operator of the facilities since the mid 1970s. The Brent system is jointly owned by 21 companies and consists of part of the processing systems and structure on the Cormorant Alpha platform, operated by Taqa, as well as a 150 kilometre pipeline connecting Cormorant Alpha to the BP-operated Sullom Voe oil terminal in the Shetland Islands. Taqa has a 24% stake in the terminal.
AME Tuesday, August 04, 2009Aramco moots Asia export price cuts
Saudi Aramco may cut the official price of its Arab Light oil for September sales to Asia by an average of $1.30 a barrel, as a slump in demand for diesel fuel and gasoline has reduced refiners' crude purchases in the past month, Bloomberg has reported. Extra Light may fall by $1.40 a barrel, said the traders who asked not to be identified, citing confidentiality agreements.
AME Tuesday, August 04, 2009ONGC begins exploration off Kochi coast
R S Sharma, Chairman and ManagingDirector, Oil and Natural Gas Corporation arriving for the press conference along with D K Pande, Director on Sunday began the first-ever ultradeep water spudding in the country, off the Kochi coast.
Topix.net Tuesday, August 04, 2009Clark & Acciona To Develop 500-MW Solar Project for US Army
Clark Energy Group has been selected to develop the largest solar power project in Department of Defense history at Fort Irwin, California. Joining Clark Energy Group in their efforts to construct and manage the Fort Irwin Solar Energy project will be Acciona Solar Power.
Renewable Energy World Tuesday, August 04, 2009Fotowatio's Renewable Ventures Completes US $200M Solar Fund V
Renewable Ventures, a Fotowatio company, announced that it has completed Solar Fund V to finance more than US $200 million of new solar energy projects across the United States. The fund's first project is a two-megawatt solar photovoltaic project located in Ft. Collins, Colorado that will sell energy to Colorado State university and renewable energy credits to Xcel Energy.
Renewable Energy World Tuesday, August 04, 20091 2 3 4
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