Energy Business Review

Energy Business Review

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Kulczyk Oil acquires new exploration license in Ukraine

Kulczyk Oil Ventures (KOV) said that its 70% owned subsidiary, KUB-Gas, has won another exploration license area in Ukraine.  More »

Terra completes Phase 1 of exploration services contract in Argentina

Terra Energy & Resource Technologies has completed the first phase of its services contract with Petroquimica Comodoro Rivadavia (PCR) for oil and gas exploration in Argentina.  More »

Ezra wins charters to deploy three offshore support vessels

Oil services firm Ezra has won charters worth up to $73m in total for three of its offshore support vessels that includes two recently added multi-purpose platform supply vessels (PSVs).  More »

Gulfsands Petroleum likely to spud Tunisian well in February

Gulfsands Petroleum said it is likely to spud the Sidi Daher exploration well in Tunisia in early February this year.  More »

Strathmore begins scoping study at New Mexico uranium deposit

Strathmore Minerals has signed a contract with Behre Dolbear and Company (USA) to complete a scoping study, also known as a preliminary economic assessment, for its Church Rock uranium deposit in McKinley County, New Mexico.  More »

Gamesa to supply turbines for US wind power project

Gamesa has won a contract to supply turbines with a total generating capacity of 10MW for a wind farm being developed by Western Wind Energy in Arizona, US.  More »

Purepoint signs joint venture with Cameco for Canadian uranium project

Purepoint Uranium Group has entered into a definitive joint venture agreement with Cameco Corp for the ongoing exploration of the Smart Lake uranium project in the Athabasca Basin, Canada.  More »

Ithaca prepares to begin drilling program in UK North Sea field

Ithaca Energy said that the Sedco 704 drilling unit is now being anchored on location over the Athena field ready to begin an approximate 180 day campaign for drilling a fourth production well and a water injector well and completing the three existing…  More »

Boralex, Q-Cells to begin construction of French solar power project

Canadian electricity producer Boralex and Germany-based Q-Cells will begin the construction of the Avignonet-Lauragais solar energy park with a generating capacity of approximately 4.5MW in southern France this week.  More »

Shell in talks to buy 30% stake in CNOOC refinery

Royal Dutch Shell is in discussions with CNOOC, a Chinese oil company, to acquire a 30% stake in a $7.5bn oil refining project.  More »

EBRD to lend EUR200m for Slovenian power plant rehabilitation

The European Bank for Reconstruction and Development (EBRD) will lend EUR200m for the modernization of the Slovenian state-owned Termoelektrarna Sostanj thermal power plant.  More »

Ghana oil refinery to restart operations

The Tema Oil Refinery (TOR) in Ghana will restart the operations following a temporary shutdown in 2008.  More »

OMV to withdraw from Irish exploration license

OMV (Ireland) Killala Exploration has entered into an agreement to pay £3m to San Leon Energy to be removed from an exploration license offshore Ireland.  More »

Gamesa sells 32MW wind farm in Poland

Spanish wind turbine manufacturer Gamesa has entered into an agreement to sell its Piecki wind farm in northeast Poland to RWE Innogy and HSE Regenerativ.  More »

E.ON to raise residential electricity, gas prices in UK

Energy firm E.ON said it will increase electricity and gas prices for the majority of its residential customers in the UK.  More »
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