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Daily Telegraph: Database: ENERGY

Thursday 8 February 2007

Royal Dutch Shell’s Oman venture will develop three new oilfields that may help stem a five-year decline in the country’s output of crude, the company said.

• Star Energy, a natural-gas producer, plans to raise about £30mby selling shares to expand its gas-storage operations and pay debt.

• BG Group may say fourth-quarter profit declined because falling prices for natural gas outweighed an increase in production.

• Siemens AG, Europe’s biggest engineering company, won an order worth €500m to build a power station in the UK

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/02/08/cxbloom08.xml

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