Energy
BP to Pay $7 Billion for Devon's Assets in Gulf of Mexico, Brazil, Caspian BP Plc, Europe’s largest oil and
gas company, will pay Devon Energy Corp. $7 billion for assets
in Brazil, the Gulf of Mexico and Azerbaijan, adding fields that
may extend its production lead over Exxon Mobil Corp.
Crude Oil Falls on Concern China May End Stimulus Spending, Slow Demand Crude oil fell on speculation
Chinese demand will slow as the government may end stimulus
programs amid an increase in inflation and concern that recent
price gains outpaced demand growth in the U.S.
Solar Prospectors Chase `Gold Mine' Deals in Chinese, Israeli Subsidies Olivier de Vergnies quit managing
family fortunes at Dexia Private Bank (Switzerland) Ltd. in 2008
to run a New York start-up at 100 Wall St. that’s trying to tap
riches in solar energy.
Sell Arrow After 45% Surge in Shares on Shell Offer, Fat Prophets Says Arrow Energy Ltd.’s 45 percent
increase in Sydney trading since the company received a takeover
offer from Royal Dutch Shell Plc and PetroChina Co. makes it an
“opportune” time to sell the shares, Fat Prophets said.
IEA's Oil Demand Forecast Will Be Little Changed This Month, Tanaka Says The International Energy Agency’s
global oil demand forecast will likely be little changed this
month, as economic uncertainty in developed nations overshadows
emerging-market growth, Executive Director Nobuo Tanaka said.
AGL Energy May Sell Queensland Coal-Seam Gas Field Stake If Arrow Bought AGL Energy Ltd., Australia’s
largest electricity retailer, said it may sell its 50 percent
stake in the Moranbah coal-seam gas field in Queensland state
should Royal Dutch Shell Plc acquire Arrow Energy Ltd.
Valero to Flare Gases at Corpus Christi West Refinery After Maintenance Valero Energy Corp. will flare
gases at its Corpus Christi West refinery after planned
maintenance that starts today, the company said in a filing to
Texas state regulators. The maintenance at Complexes 1, 3 and 6
will be from 7 a.m. local time through March 20, it said.
Battery Ventures Completes $750 Million Fund, Biggest So Far This Year Battery Ventures completed a $750
million venture-capital fund, the biggest so far this year,
raising money to invest in computing startups and clean-energy
deals.
China Idles 40% of Wind Turbine Production Plants, Shanghai Electric Says China is idling as much as 40
percent of its wind-turbine factories following a surge in
investment driven by the government’s renewable energy goals,
the vice president of Shanghai Electric Group Corp. said.
FEEDBACK
HOME
