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Posts on ‘February 24th, 2008’
The Sunday Times: Centrica seeks North Sea gasfields
February 24, 2008 Iain Dey CENTRICA, the owner of British Gas, is plotting an offer worth up to $600m (£305m) for a clutch of North Sea gasfields owned by Shell and Exxon Mobil. Sam Laidlaw, the Centrica chief executive, plans to spend at least £1 billion a year over the next few years buying gasfields [...]
CNNMoney.com: Centrica plans to buy Shell, Exxon Mobil’s North Sea gas fields – report
February 24, 2008: 11:07 AM EST LONDON, Feb. 24, 2008 (Thomson Financial delivered by Newstex) — Centrica PLC, the owner of British Gas, is plotting an offer worth up to 600 mln usd for a clutch of North Sea gas fields owned by Royal Dutch Shell PLC (NYSE:RDS A) and Exxon Mobil (NYSE:XOM) Corp, the [...]
The Halifax Herald: Fossil fuel costs to grow
Sun. Feb 24 – 4:46 AM THE WORLD still has plenty of oil. What humanity is running out of is cheap oil. That fact’s unlikely to change, ever. Which means that historically high costs for crude oil – and, by extension, more expensive prices at the gas pumps – are here to stay. There will, [...]
Houston Chronicle: Clinton talks up jobs, health care at Houston event
By LINDSAY WISE Copyright 2008 Houston Chronicle Feb. 23, 2008, 11:32PM Acknowledging that she’s counting on Texas to turn the tide in her bid for president, Sen. Hillary Rodham Clinton urged an enthusiastic crowd of Houstonians late Saturday to make their voices heard in the Democratic primary. “This is the most important election in your [...]
MarketOracle.co.uk: Energy Sector Peak Oil Trends Paint ‘A Very Alarming Picture’
Feb 23, 2008 – 05:16 PM By: Joseph Dancy While energy demand may be tempered by a slowdown in global economic growth, longer term growing energy demands and supply constraints will continue to present incredible challenges. Much more capital will need to be allocated to the sector to address supply issues, which should create [...]
The Observer: UK lags behind on eco energy
The British government says it is committed to renewable energy and has signed up to the latest EU generation target for 2020 – but countries across the world are doing better. Tim Webb explains how lack of investment is holding us back Tim Webb Sunday February 24 2008 Almost two years ago, cranes loaded three [...]
The Observer: Oil giants are poised to move into Basra
Brown’s business envoy says that investment is the next step in bringing stability to the region David Smith in Basra Sunday February 24 2008 Western oil giants are poised to enter southern Iraq to tap the country’s vast reserves, despite the ongoing threat of violence, according to Gordon Brown’s business emissary to the country. Michael [...]
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