MITIE Group, the strategic outsourcing and energy services company, had a positive financial year so far driven by the award and retention of a number of significant contracts, which strengthen its strategy to invest in its integrated facilities and energy management capabilities.
Premier Oil, a leading FTSE 250 independent exploration and production company, has reported its record after-tax profits of US$171.2 million for the year ending December 31, 2011, up from US$129.8 million in 2010. Operating cash flows increased by 11.4 per cent to US$485.9 million, up from US$436.0 million in 2010.
Premier Oil, an independent exploration and production company, has estimated its average production for the FY 2011 was in line with the guidance at 40.4 kboepd, compared to 42.8 kboepd in 2010.
Cairn Energy, the independent oil, gas exploration and production company has reported a record profit after tax of $4.6 billion for the year ended 31 December, 2011 with a cash balance of $4.7 billion.
Cairn Energy, the independent oil, gas exploration and production company is excited by the potential of its multi-basin acreage in Greenland offers and the management team is focused on accessing new opportunities that provide material growth for the company and its stakeholders.
Tullow Oil, an independent oil and gas company, announced that it has successfully encountered oil in very good quality sandstone reservoirs in the Enyenra-4A appraisal well, in the Deepwater Tano licence offshore Ghana.
Tullow Oil, the independent oil and gas company, expects significant progress in Ghana and Uganda for the FY 2012 and is scheduled to report its full year 2011 results on Wednesday.
Petrofac, an oil & gas service provider has reported that its full year revenues rose 33 per cent to US$5.8 billion from US$4.4 billion in 2010, which shows the strong performance in all its four reporting segments.
Glencore, the supplier of metals, minerals, energy and agriculture products has reported its preliminary 2011 results with revenues for the year ended 31 December 2011 at $186,152 million, a 28% increase compared to $144,978 million in 2010.
Glencore International, the supplier of metals, minerals, energy and agriculture products, remains affirmative about the long term global economic prospects and is scheduled to release its preliminary results on March 5, 2012.
Petrofac Limited, the provider of facilities solutions to the oil and gas production and processing industry, with continued growth, high levels of backlog, exceptional revenue visibility is scheduled to report its preliminary results on March 5, 2012.
"Oil sales to British and French companies have ceased," the Oil Ministry says. The decision is not expected to have a big impact on either Britain or France, however.
With over 100 turbines generating power for around 320,000 homes, the Walney project is regarded as the world's biggest offshore wind farm. It will be officially launched on Thursday, by the British government.
Energy giant second to slash domestic electricity bills by five percent for 5.3 million customers.
EDF's 5% gas tariff reduction puts pressure on rival 'big six' energy suppliers to follow suit.
BP, the petroleum company that was at the centre of a massive oil spill in the Gulf of Mexico, received $250 million (£161.3 million) from the manufacturer of the failed blowout preventer on its Deepwater Horizon rig.
Centrica enters in to £14 billion agreement with Norway’s Statoil which is expected to reduce energy problems of the UK.
Energy consumption is expected to be lower thanks to a slow start of winter this year.
Energy and motoring experts from across the world are converging on a western Indian city to participate in an international conference on fuel economy and sustainable road transport.
Manchester United, Ofgem, Asda, Scottish Power and Center Parcs are among the top 100 names in the performance league table published by the Environment Agency under its Carbon Reduction Commitment Energy (CRC) Efficiency Scheme.
The sale of BP's 60 percent stake in holdings of Argentinean oil producer Pan American Energy LLC, to the Bridas Corp. has failed.
British Gas owner Centrica Plc has responded to mounting criticism from politicians about high energy bills by pledging not to raise its energy prices this winter.
Shares in BP were up on the FTSE 100 in morning trading after the energy giant confirmed it had settled all claims with Anadarko Petroleum Company relating to the Deepwater Horizon oil spill.
Shares in BP were down on the FTSE 100 in morning trading after the energy giant announced £10 billion worth of investment into four new oil and gas projects in a bid to maintain North Sea production "for decades to come".
Honda is paving the way for hydrogen power, opening the UK's first open-access refuelling station in Swindon as the company pushes to bring hydrogen powered cars to the masses.
UK Customers Feel Rising Energy Prices, Energy Hikes Roundup
Vallares PLC announced Wednesday that it plans to merge with Genel Energy International Ltd, the largest oil producer in the Kurdistan region of Iraq.
Three nuclear reactors in southern New Jersey have powered partway down due to debris from the aftermath of hurricane Irene that is now blocking essential cooling water intakes, the Daily Mail has revealed.
BP Announce Profits but Decline in Production Puts Chief Executive Under Pressure
A new report from the U.K.'s Energy and Climate Change Committee on Ofgem's Retail Market Review has demanded that companies pay compensation after it discovered that numerous energy companies were mis-selling electricity and gas.
