Posts Tagged ‘United Nations’

Provident Announces 2009 Third Quarter Results and November Cash Distribution

November 11th, 2009

CALGARY, ALBERTA–(Marketwire - 11/10/09) - All values are in Canadian dollars and conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1 unless otherwise indicated.
Provident Energy Trust (Provident) (TSX:PVE.UN - News) (NYSE:PVX - News) today announced its 2009 third quarter interim financial and operating results and the November cash distribution of [...]

Iraq approves oil deal with BP-led consortium

October 18th, 2009

BAGHDAD – The Iraqi government has approved a deal with a consortium led by British giant BP PLC to develop a prized oil field in the south in a major step forward for the country’s oil industry.
BP, which was booted from the country in 1972 when Saddam Hussein nationalized the oil industry, and its partner [...]

Provident Announces 2009 Second Quarter Results, Acquisition of Sarnia Fractionation Capacity, Decision to Sell Saskatchewan Upstream Assets and August Cash Distribution

August 13th, 2009

All values are in Canadian dollars and conversion of natural gas volumes to barrels of oil equivalent (boe) are at 6:1 unless otherwise indicated.
Provident Energy Trust (Provident) (TSX:PVE.UN - News) (NYSE:PVX - News) today announced its 2009 second quarter interim financial and operating results, the acquisition of additional fractionation capacity at Sarnia, its decision [...]

Green Star Energy (GSAE) To Be First Developer of Wind Energy in Serbia

August 10th, 2009

Green Star Alternative Energy (GSAE) focuses on developing renewable electricity in Europe, the United States, and China. It produces energy from wind, water, and sunlight.
GSAE is an environmentally conscious, renewable energy company working to develop more than 300 MW (megawatts) of clean electricity through wind energy. The corporate revenue model is two-fold: the use of [...]

Enterra Energy Trust’s Credit Facility Renewed

June 11th, 2009

Enterra Energy Trust’s (”Enterra”, “We”, “Our” or the “Trust”) annual credit facility renewal process has been completed with its Bank Syndicate lenders, The Bank of Nova Scotia, HSBC Bank Canada and Union Bank of California. The credit facility revolving period has been renewed until June 25, 2010 and has a further one year term out [...]

Clean Energy Funding Trumps Fossil Fuels

June 4th, 2009

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 [...]

Creation of nuclear energy body backed

April 22nd, 2009

MANILA, Philippines — Austria-based International Atomic Energy Agency has committed to support the Philippine government in establishing an independent nuclear energy body, according to Energy Secretary Angelo T. Reyes.
In a statement, Reyes said Mohamed ElBaradei, director general of the IAEA secretariat, also assured the Philippines of the UN agency’s “continued assistance especially in the area [...]

More declines for oil on latest batch of bad news

December 24th, 2008

By CHRIS KAHN
Oil prices dipped below $38 a barrel Tuesday on fresh evidence of weakness in the U.S. housing market and a shrinking gross domestic product that suggests the recession may be worsening.
A report by the Commerce Department showed that sales of new homes fell in November to the slowest pace in nearly 18 years, [...]

Areva’s Niger uranium mine to go ahead despite price fall

December 21st, 2008

NIAMEY, Dec 20 (Reuters) - French nuclear power group Areva (CEPFi.PA) will press ahead with its plan to build a 1 billion euro ($1.40 billion) uranium mine in Niger despite falling world prices for the fuel, the firm said on Friday.
The Imouraren mine, due to begin commercial production of 5,000 tonnes per year in [...]

Oil tumbles below $50 as recession called

December 2nd, 2008

COLUMBUS, Ohio – Oil prices tumbled below $50 a barrel Monday as National Bureau of Economic Research reported that the U.S. economy has been in a recession since December 2007 and the Dow Jones industrial average fell nearly 700 points.
A tandem of bleak economic reports led to an early decline even before the NBER report [...]