Energy News - page 172


Barclays Carbon Trader Joins Redshaw Advisors

Sep 15, 2014

LONDON, Sept 15 (Reuters) - Barclays' former lead carbon trader, made redundant by the British investment bank last week, has joined a London-based start-up firm founded by a former colleague.Tom Lord, who ran the Barclays emissions desk over the past year…

Hans Hansen is DNV GL's Area Manager for Scandinavia

Sep 15, 2014

In the power sector DNV GL supports the industry in delivering a secure, sustainable, available and affordable energy supply. In his new role Hans Tormod Hansen will be responsible for offering energy advisory services to the Scandinavian market…

Gazprom Scraps Plan to Cut Gas Deliveries

Sep 14, 2014

Russia's Gazprom scrapped a plan to cut gas exports to Romania by 9 percent on Saturday and by 5 percent on Sunday, Romania's Energy Minister Razvan Nicolescu said.'Our (pipeline operator) Transgaz was notified by Gazprom's office in…

China Aug Power Output Falls First Time in 4 yrs

Sep 14, 2014

China's power output, a bellwether for economic activity, posted its first annual decline in more than four years in August, adding to evidence that the world's second-largest economy is losing momentum after a brief rebound in the second quarter…

Deal to End Lockout at Canada Uranium Mine

Sep 14, 2014

Canadian uranium producer Cameco Corp and the United Steelworkers union, which represents 535 workers at the world's largest uranium mine and a nearby mill, have agreed to a tentative deal ending a nearly two-week lockout, both sides said on Friday…

Oil Refiner Bound to Goldman, Deutsche Fee Agreements - NY Judge

Sep 14, 2014

CVR Energy Inc is bound by agreements to pay Goldman Sachs Group Inc and Deutsche Bank AG more than $36 million in fees and expenses stemming from billionaire investor Carl Icahn's 2012 tender offer for the oil refiner, a New York state judge has ruled…

Short-Term U.S. Energy Outlook

Sep 14, 2014

The U.S Energy Information Adminstration have provided projections in their short-term Energy Outlook. The highlights are as follows:Highlights    * Driven in large part by falling crude oil prices, U.S. regular gasoline retail prices fell to an average of $3…

Scotland 'Yes' Vote Would Trigger Dispute Over Old Oil Rigs

Sep 12, 2014

Scotland will ask Britain to help finance the cost of removing old North Sea rigs and pipelines even if it votes for independence and gains most of the oil revenues, a move that bankers and lawyers say may result in years of legal battles.An…

Continental Resources President Quits, Leaves Leadership Gap

Sep 12, 2014

Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, said on Thursday that Rick Bott, its president and chief operating officer, had resigned.Bott, 54, was widely considered the likely successor to Continental Chief Executive Officer Harold Hamm…

Double Solar Storms Headed to Earth

Sep 12, 2014

A rare double burst of magnetically charged solar storms will hit Earth Thursday night and Friday, raising concerns that GPS signals, radio communications and power transmissions could be disrupted, officials said on Thursday.Individually…

Growing American Shipping Act Gaining Support

Sep 11, 2014

Legislation promotes revitalization of maritime industry through export of liquefied natural gas on U.S. flagged shipsChairman Duncan Hunter (R-Calif.) and Ranking Member John Garamendi (D-Calif.) held a hearing Wednesday that brought together…

US Shippers Seek Role in LNG, Oil Exports

Sep 10, 2014

The U.S. government should ensure that international trade of U.S. natural gas, and potentially crude oil, will offer opportunities for the domestic shipping industry, maritime groups said on Wednesday.Booming shale gas production has put…

US Approves LNG Exports from Sempra, Carib Energy Projects

Sep 10, 2014

The U.S. Energy Department on Wednesday approved liquefied natural gas exports from two projects, as lawmakers pressed the administration to move quickly to clear a backlog of applications to ship gas abroad.Sempra Energy's Cameron LNG facility…

Damen Building Walk 2 Work Vessel on Speculation

Sep 10, 2014

After making final touches to the Damen Walk 2 Work vessel, a completely new and innovative design for the offshore support vessel market, Dutch shipbuilder Damen decided to start building the vessel on speculation, marked with the start of…

Offshore Oil Drilling Market to Suffer through 2015

Sep 10, 2014

A sluggish offshore drilling market could deteriorate further next year due to weak demand and a flood of new vessels, even though a few places such as Mexico and Brazil remain promising for exploration, industry executives said on Wednesday…

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