SAO PAULO, Nov. 16 /PRNewswire-FirstCall/ — GOL Linhas Aereas Inteligentes S.A. (Bovespa: GOLL4 and NYSE: GOL), the largest low-cost and low-fare airline in Latin America, has joined the Sustainable Aviation Fuel Users Group (SAFUG), which unites airlines and technology providers in a joint drive to accelerate the development of new, sustainable aviation fuels [...]
BOGOTA, Sept. 10 /PRNewswire-FirstCall/ — ECOPETROL S.A. (NYSE: EC - News) announced the end of drilling of the Quifa-7 well (Prospect H) to a depth of 3,097 feet, with preliminary well evaluation data indicating good potential of oil accumulation on the Carbonera Basal Sands Formation.
The exploratory well Quifa-7 was drilled by Meta Petroleum LTD, Operator [...]
THE WOODLANDS, Texas, Sept. 9, 2009 (GLOBE NEWSWIRE) — Trico Marine Services, Inc. (Nasdaq:TRMA - News) (the “Company” or “Trico”) today announced new contract awards representing $50 million in value, approximately $35 million of which are new subsea contract awards for projects in Norway, Mexico, and the United States.
In the Company’s Towing and Supply division, [...]
ScienceDaily (June 15, 2009) — In the future, will wind power tapped by high-flying kites light up New York? A new study by scientists at the Carnegie Institution and California State University identifies New York as a prime location for exploiting high-altitude winds, which globally contain enough energy to meet world demand 100 times over. [...]
FMC Technologies, Inc announced today that it has been awarded a contract from StatoilHydro for the manufacture and installation of surface wellheads and surface production trees for the Peregrino project. The contract is valued at approximately $30 million in revenue for FMC.
Located in approximately 400 feet (120 meters) of water offshore Brazil in the Campos [...]
By James Kanter
Global investors spent about $250 billion building new power capacity in 2008, and for the first time the lion’s share of that money went to renewable sources, according to the United Nations Environment Program.
Renewable sources accounted for 56 percent of investment dollars, worth $140 billion, while investment in fossil fuel technologies was $110 [...]
By MICHAEL RICHARDSON
SINGAPORE — Cash-rich China is using a period of relatively low oil prices to improve its energy security and ensure that its economy has the oil-based fuels needed to sustain growth when recovery from the slump takes hold.
Should Japan, which is currently far more reliant on imported oil than China, adopt a similar [...]
SYDNEY – Under a plan to supply China with Australian coal, Waratah Coal Pty Ltd. said it has won the financial backing of Metallurgical Corporation of China Ltd., or MCC, for its planned US$5.15 billion thermal coal project in Queensland state.
The plan has several hoops to jump through before the first cargo leaves port, but [...]
The arrest of 19 people accused of corruption highlights the dirty by-product of the country’s booming economy in renewable fuel.
Powerful wind turbines churned the air above La Muela last week but the stir in this small Aragonese town was caused by the arrest of the mayor and 18 other people on charges that reveal a [...]
March 19 (Bloomberg) — Venezuela is holding up payments to contractors, oil services companies and targets of President Hugo Chavez’s nationalization drive, indicating the country is running short of cash after petroleum prices collapsed.
Service providers to the state oil company are idling rigs for nonpayment, and Brazil’s Odebrecht SA said last week it’s slowing [...]
