Posts Tagged ‘gas plants’

Budget puts UK on course to hit green energy goals

April 25th, 2009

LONDON, April 24 (Reuters) - This week’s UK budget has revived hopes wind energy could become sufficiently cost effective to generate around a fifth of Britain’s power and put the nation on course to meet its carbon reduction targets.
While the government is relying almost entirely on the growth of offshore wind farms to reduce [...]

Exxon Profit Rises, Tops Estimates, After Oil Surges (Update4)

October 31st, 2008

By Joe Carroll
Oct. 30 (Bloomberg) — Exxon Mobil Corp., the world’s biggest oil company, said third-quarter profit jumped 58 percent, exceeding analyst estimates, as record crude prices made up for the largest drop in output in at least a decade.
Net income rose to $14.8 billion, or $2.86 a share, from $9.41 billion, or $1.70, [...]