Skip to main content

Business news

BRE Trust issues 'Financing UK Carbon Reduction Projects' report

Funding for small-scale solar, biomass and other carbon reduction projects in the UK could rise significantly if consistent reporting guidelines for these schemes can be agreed, a study from BRE Trust, owner of the UK’s leading building research body BRE showed.

 

Shale assets acquired in Marcellus-Chattanooga

Westmont Resources Inc announced the filing of a Current Report on Form 8-K announcing that it has completed the acquisition of 92 wells in the Chattanooga Shale region.

 

Uncertain future for Sudan oil revenues

From 9 July 2011, a new African state will emerge from Sudan, as the North and South are reconciled via a January referendum declaring the independence of the southern part of the country.

 

Israel 'prepared' for gas disruption

Israeli Prime Minister Benjamin Netanyahu has stated that Israel is prepared for possible disruptions in its natural gas supplies from Egypt, following the recent unrest in the country that supplies a quarter of its energy needs.

 
 

EIC Monitor shows slight downturn in global energy industry

The latest EIC Monitor tracking new active and future projects across the global energy industry shows a slight downturn this quarter (Q4: October – December 2010), with the total value of project announcements down nearly 8%.

 

Chesapeake sells shale acreage to CNOOC Ltd

Chesapeake has entered into a partnership with CNOOC Ltd, whereby CNOOC will purchase a 33.3% share in its Denver-Julesburg and Powder River Basins acreage.

 
 

Regional Report: US natural gas

Gordon Cope, Contributing Editor, investigates the headache for the US petroleum sector caused by the glut in natural gas production.

 
 
 

ExxonMobil’s energy outlook

ExxonMobil’s energy outlook shows rising global energy demand, shift toward natural gas and energy efficiency gains.