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<title>IBTimes.co.uk : Companies -  Energy</title>
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    <title>IBTimes.co.uk : Companies -  Energy</title>
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<item>
    <title><![CDATA[Oil Price Rigging: Big Traders to Help EU Probe]]></title>
    <description><![CDATA[Glencore, Vitol, Gunvor and Mercuria asked by European Commission for details on pricing structures.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/469385/20130521/oil-price-rigging-glencore-vitol-gunvor-ec.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/469385/20130521/oil-price-rigging-glencore-vitol-gunvor-ec.htm</link>
    <pubDate>Tue, 21 May 2013 01:17:14 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Petrofac Expects Modest Growth as Algeria Gas Revival Deferred]]></title>
    <description><![CDATA[The company&#039;s order backlog has risen to an all time high of $12.1bn as of  30, April.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/468512/20130517/petrofac-algeria-salah-gas-project.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/468512/20130517/petrofac-algeria-salah-gas-project.htm</link>
    <pubDate>Fri, 17 May 2013 07:38:48 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Shell, BP and Statoil Raided over Alleged Oil Price Rigging]]></title>
    <description><![CDATA[European Commission suspects manipulation of published prices for oil and biofuel products and swoops on head offices.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/467716/20130515/bp-shell-raid-oil-price-manipulation-rigging.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/467716/20130515/bp-shell-raid-oil-price-manipulation-rigging.htm</link>
    <pubDate>Wed, 15 May 2013 01:08:16 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Swiss Firm ABB to Strengthen Solar Inverter Business with $1bn Power-One Deal]]></title>
    <description><![CDATA[The deal positions ABB group as a leading provider of solar inverters.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/459839/20130422/abb-group-power-one-solar-inverter-photovoltaic.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/459839/20130422/abb-group-power-one-solar-inverter-photovoltaic.htm</link>
    <pubDate>Mon, 22 Apr 2013 04:55:24 +0100</pubDate>
</item>
<item>
    <title><![CDATA[BP to Offload US Wind Farm Operations to Go Leaner]]></title>
    <description><![CDATA[BP&#039;s wind power division operates 16 wind farms in nine US states and generates 2,600 megawatts of energy.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/453083/20130403/bp-wind-farm-shell-solar-biofuels.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/453083/20130403/bp-wind-farm-shell-solar-biofuels.htm</link>
    <pubDate>Wed, 03 Apr 2013 07:02:05 +0100</pubDate>
</item>
<item>
    <title><![CDATA[SSE Fined Record £10.5m over Unfair Selling Practices]]></title>
    <description><![CDATA[Ofgem sets largest-ever fine after accusing SSE of misleading households at every stage of its sales process.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/453007/20130403/sse-ofgem-fine.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/453007/20130403/sse-ofgem-fine.htm</link>
    <pubDate>Wed, 03 Apr 2013 04:25:22 +0100</pubDate>
</item>
<item>
    <title><![CDATA[BP and Partners Invest $500m for Appraisal Drilling at Clair Field]]></title>
    <description><![CDATA[The west of Shetland area has more than 1bn barrels of oil which is equivalent of reserves under development.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/451253/20130328/bp-north-sea-clair-shetland-appraisal-drilling.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/451253/20130328/bp-north-sea-clair-shetland-appraisal-drilling.htm</link>
    <pubDate>Thu, 28 Mar 2013 02:40:50 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Rising Oil Exploration Costs Drag CNOOC's Profit 9.3% Lower]]></title>
    <description><![CDATA[Beijing&#039;s largest offshore oil producer, China National Offshore Oil Corporation Limited (CNOOC), which bought the Calgary-based global oil and gas company Nexen for $ 15.1 billion, witnessed a sharp fall of  9.3 percent in its annual profit.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/449706/20130324/canada-china-market-nexen-cnooc-oil-gas.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/449706/20130324/canada-china-market-nexen-cnooc-oil-gas.htm</link>
    <pubDate>Sun, 24 Mar 2013 07:12:32 +0000</pubDate>
</item>
<item>
    <title><![CDATA[BP Plans $8bn Share Buyback Following TNK-BP Sale]]></title>
    <description><![CDATA[BP will buy $8bn worth of shares and keep $4.4bn in reserve following the formal sale of half of its Russian joint venture to Rosneft]]></description>
    <guid>http://www.ibtimes.co.uk/articles/449123/20130322/bp-rosneft-share-buyback-deepwater-gulf-spill.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/449123/20130322/bp-rosneft-share-buyback-deepwater-gulf-spill.htm</link>
    <pubDate>Fri, 22 Mar 2013 02:37:11 +0000</pubDate>
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<item>
    <title><![CDATA[Aboriginals Warn To Block Keystone Pipeline Project By Physical Actions]]></title>
    <description><![CDATA[An alliance of aboriginals in the two countries Wednesday warned to the block the three multibillion-dollar oil pipelines that would transport oil from the Alberta tar sands.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/448708/20130321/keystone-aboriginal-oil-canada.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/448708/20130321/keystone-aboriginal-oil-canada.htm</link>
    <pubDate>Thu, 21 Mar 2013 03:46:28 +0000</pubDate>
</item>
<item>
    <title><![CDATA[US Government Bars Shell from Arctic Drilling]]></title>
    <description><![CDATA[Shell not permitted to drill until its operations are overhauled to meet harsh Arctic conditions.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/446422/20130315/royal-dutch-shell-ken-salazar-alaska-arctic.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/446422/20130315/royal-dutch-shell-ken-salazar-alaska-arctic.htm</link>
    <pubDate>Fri, 15 Mar 2013 00:45:37 +0000</pubDate>
</item>
<item>
    <title><![CDATA[PetroChina to Expand Presence in Australia with Deals worth $3.7bn]]></title>
    <description><![CDATA[PetroChina and other Chinese energy companies are looking to secure themselves for the longer term.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/444594/20130311/petrochina-australia-operations-china-energy-needs.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/444594/20130311/petrochina-australia-operations-china-energy-needs.htm</link>
    <pubDate>Mon, 11 Mar 2013 06:09:25 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Canadian Official Walks Out Of UN Nuclear Meeting Over Iran’s Remarks On Israel]]></title>
    <description><![CDATA[Canada and its key allies including Australia, New Zealand and U.S. Wednesday walked out of a UN nuclear conference in Vienna in protest against Iran’s accusation of Israel as a nation with historical records of genocide.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/443237/20130307/canada-iran-israel-pakistan.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/443237/20130307/canada-iran-israel-pakistan.htm</link>
    <pubDate>Thu, 07 Mar 2013 03:58:49 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Canada Set to Woo US On Keystone Pipeline Approval]]></title>
    <description><![CDATA[Joe Oliver, Canadian natural resources minister and Saskatchewan Premier Brad Wall are set to woo the lawmakers and industry leaders in the United States to sell the controversial Keystone pipeline that would transport tar-sands oil from Alberta to Galveston Texas, for shipment to Latin America and Europe.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/442131/20130305/keystone-pipeline-canada-environment.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/442131/20130305/keystone-pipeline-canada-environment.htm</link>
    <pubDate>Tue, 05 Mar 2013 01:00:45 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Japex plans to Buy 10% Stake in Petronas' Canada Project]]></title>
    <description><![CDATA[Japan&#039;s LNG dependence has soared after the 2011 disaster.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/441790/20130304/japex-petronas-canada-lng-deal-japan-petroleum.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/441790/20130304/japex-petronas-canada-lng-deal-japan-petroleum.htm</link>
    <pubDate>Mon, 04 Mar 2013 06:50:15 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Canada Condemns Pakistan’s $7.5 Billion Pipeline Project To Iran]]></title>
    <description><![CDATA[John Baird, Canadian foreign minister issued a statement saying that the Canadian federal government got disappointed by Pakistan’s decision to build the $7.5 billion gas pipeline to Iran to purchase Iranian resources through the pipeline.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/441675/20130304/iran-pakistan-gaspipeline-project-canada.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/441675/20130304/iran-pakistan-gaspipeline-project-canada.htm</link>
    <pubDate>Mon, 04 Mar 2013 01:58:43 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Keystone XL Won’t Impact Global Warming: US State Department]]></title>
    <description><![CDATA[The Canadian controversial Keystone XL Friday got a step closer to get approved by the Obama administration.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/441287/20130302/keystonexl-canada-environment.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/441287/20130302/keystonexl-canada-environment.htm</link>
    <pubDate>Sat, 02 Mar 2013 02:30:01 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Keystone Rejection Could Freeze US Canada Relationship: Report]]></title>
    <description><![CDATA[If the Obama government rejects the Keystone project proposal, warm relationship between Canada and the United States could turn into cold for years, according to the Globe and Mail.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/440402/20130228/keystone-canada-obama.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/440402/20130228/keystone-canada-obama.htm</link>
    <pubDate>Thu, 28 Feb 2013 02:10:13 +0000</pubDate>
</item>
<item>
    <title><![CDATA[British Gas 2012 Profit Rises as Colder Weather Boosts Energy Consumption]]></title>
    <description><![CDATA[Company records higher profit despite a weak economy and skyrocketing energy costs.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/439957/20130227/british-gas-centrica-operating-profit-weather.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/439957/20130227/british-gas-centrica-operating-profit-weather.htm</link>
    <pubDate>Wed, 27 Feb 2013 03:35:54 +0000</pubDate>
</item>
<item>
    <title><![CDATA[BP to Defend Against 'Gross Negligence' in Civil Trial]]></title>
    <description><![CDATA[Trial over Gulf of Mexico oil spill set to begin before US federal judge.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/438955/20130225/bp-deepwater-horizon-oil-spill-civil-trial.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/438955/20130225/bp-deepwater-horizon-oil-spill-civil-trial.htm</link>
    <pubDate>Mon, 25 Feb 2013 02:10:00 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Oil Marketing Companies to Sell 90% of LPG Cylinders at Subsidised Rates]]></title>
    <description><![CDATA[Several Oil Marketing Companies (OMCs), namely, Indian Oil Corporation Limited (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Bharat Petroleum Corporation Limited (BPCL) have stated that 90 percent of cylinders will be sold at subsidized rates annually resulting in only 10 percent of cylinders to be sold at market prices at the current cap level of nine.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/438726/20130224/omcs-lpg-cylinder-petroleum-p-lakshmi-natural.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/438726/20130224/omcs-lpg-cylinder-petroleum-p-lakshmi-natural.htm</link>
    <pubDate>Sun, 24 Feb 2013 04:48:53 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Eko Atlantic Project Reclaims 5,000,000 Sq m Land From Sea]]></title>
    <description><![CDATA[Eko Atlantic, a new face in impressive urban construction in Nigeria, set records when it recently, announced the successful reclamation of 5,000,000 square metres of land  from the sea through its project. The interesting Eko Atlantic land reclamation project initiated in February 2008, with a 7-year unearthing operation planning to re-create 8,000 square metres of new land every day.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/438627/20130223/eko-atlantic-nigeria-lagos-reclamation-great-wall.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/438627/20130223/eko-atlantic-nigeria-lagos-reclamation-great-wall.htm</link>
    <pubDate>Sat, 23 Feb 2013 07:27:46 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Chinese Carbon Tax System Could Force Canada To Act: Experts]]></title>
    <description><![CDATA[Chinese Finance Ministry this week announced that the Beijing government will adopt a tax system on all the products that emit carbon. This is likely to insist on Canada to follow suit, according to experts.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/438251/20130222/carbonemission-china-canada.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/438251/20130222/carbonemission-china-canada.htm</link>
    <pubDate>Fri, 22 Feb 2013 06:41:04 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Keystone XL Pipeline Project: Protesters, Including Canadians, March To White House]]></title>
    <description><![CDATA[After U.S.&#039;s green signal to the $15.1-billion Nexen deal, more than 20,000 people, including Canadians in Washington, Sunday marched to the White House calling upon the U.S. government to reject the Keystone XL Pipeline Project.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/436318/20130218/keystonepipeline-nexendeal-canada-environment-protest.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/436318/20130218/keystonepipeline-nexendeal-canada-environment-protest.htm</link>
    <pubDate>Mon, 18 Feb 2013 03:13:46 +0000</pubDate>
</item>
<item>
    <title><![CDATA[After Canada, US Thumps Up Nexen-CNOOC Deal]]></title>
    <description><![CDATA[The U.S. government has approved the $ 15.1 billion takeover of the Canada-based global oil and gas company by China&#039;s state owned company CNOOC. Canada-based global oil and gas Company Tuesday said that it had received approval from the Committee on Foreign Investment in the United States.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/434594/20130213/nexedeal-u-s-nexendeal-canada-china-oil.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/434594/20130213/nexedeal-u-s-nexendeal-canada-china-oil.htm</link>
    <pubDate>Wed, 13 Feb 2013 03:41:22 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Chinese Investment In Canadian Mining Sector Might Increase, Says Envoy]]></title>
    <description><![CDATA[Following Prime Minister Stephen Harper&#039;s approval of $15-billion takeover of the Canada-based global oil and gas company Nexen by China National Offshore Oil Corp last year, Canada&#039;s Ambassador to China Monday said that China was likely to increase investment in Canadian mining sector.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/434174/20130212/guysaintjacques-canada-china-business-deal-nexen.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/434174/20130212/guysaintjacques-canada-china-business-deal-nexen.htm</link>
    <pubDate>Tue, 12 Feb 2013 05:55:00 +0000</pubDate>
</item>
<item>
    <title><![CDATA[European Market Briefing: Stocks Rebound as Economic Data Points to Improvement [VIDEO]]]></title>
    <description><![CDATA[IBTimes TV&#039;s daily &#039;Market Briefing&#039; report with European Business Editor Martin Baccardax]]></description>
    <guid>http://www.ibtimes.co.uk/articles/431598/20130205/ftse-barclays-bp-ubs-economy.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/431598/20130205/ftse-barclays-bp-ubs-economy.htm</link>
    <pubDate>Tue, 05 Feb 2013 06:22:50 +0000</pubDate>
</item>
<item>
    <title><![CDATA[BP Profits Beat Forecast But Gulf Fines Hit Bottom Line]]></title>
    <description><![CDATA[Europe&#039;s second biggest oil company said net costs for fatal Gulf of Mexico disaster hit $42.2bn last year]]></description>
    <guid>http://www.ibtimes.co.uk/articles/431521/20130205/bp-gulf-spill-oil-earnings-fines-bob.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/431521/20130205/bp-gulf-spill-oil-earnings-fines-bob.htm</link>
    <pubDate>Tue, 05 Feb 2013 02:47:10 +0000</pubDate>
</item>
<item>
    <title><![CDATA[European Market Briefing: Mixed Earnings Overtake Bullish Tone [VIDEO]]]></title>
    <description><![CDATA[IBTimes TV&#039;s daily &#039;Market Briefing&#039; report with European Business Editor Martin Baccardax]]></description>
    <guid>http://www.ibtimes.co.uk/articles/429956/20130131/deutsche-shell-santander-stocks-ftse-germany.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/429956/20130131/deutsche-shell-santander-stocks-ftse-germany.htm</link>
    <pubDate>Thu, 31 Jan 2013 06:17:08 +0000</pubDate>
</item>
<item>
    <title><![CDATA[Nexen- CNOOC Deal: MPs Express Concern]]></title>
    <description><![CDATA[Three Conservative MPs have written to Prime Minister Stephen Harper and Industry Minister Christian Paradis, asking them to raise concerns about the controversial takeover of the Canada-based global oil and gas company Nexen by a Chinese state-run company, China National Offshore Oil Corporation.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/429941/20130131/canada-china-trade-oil-u-s-nexen.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/429941/20130131/canada-china-trade-oil-u-s-nexen.htm</link>
    <pubDate>Thu, 31 Jan 2013 05:55:08 +0000</pubDate>
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