World News & Press Release Service
Greenfield Project Management Ltd has confirmed that it has entered into an agreement with Litasco SA, Geneva which both parties intend will lead to the conclusion of an offtake (sales) agreement for the output of bioethanol from the first phase of Greenfield’s bioenergy complex at Mozyr, Republic of Belarus.
Litasco (LUKoil International Trading and Supply Company) is [...]
Bond Offshore Helicopters
The AAIB released an initial report on the Super Puma accident, registration G-REDL that occurred on 1 April 2009, 11 nm NE of Peterhead, Scotland.
Initial Report AAIB Ref: EW/C2009/04/01
ACCIDENT
Aircraft Type and Registration: Eurocopter AS332L2 Super Puma, G-REDL
No & Type of Engines: 2 Turbomeca Makila 1A2 turboshaft engines
Year of Manufacture: 2004
Date & Time (UTC): [...]
EU condemns OPEC oil production cut
RENATA GOLDIROVA
Today @ 09:27 CET
A surprise decision by OPEC, the group of major oil-exporting countries, to lower its oil production by 520,000 barrels a day has sparked criticism from the EU and the US.
EU energy commissioner Andris Piebalgs said that OPEC’s decision to cut back supplies – the first such [...]
Total announces that it has made a new gas and condensate discovery in the Alwyn Area of the Northern North Sea, close to the Jura field that recently came on stream.
The field, to be known as Islay, lies in block 3/15 of the UK sector of the North Sea, some 440 kilometres (275 miles) north-east [...]
Ministers appealed for calm yesterday as the prospect of a 48-hour strike at a massive oil refinery threatened to trigger panic-buying at petrol stations in Scotland and northern England.
Britain’s third-largest refinery, at Grangemouth near Edinburgh, will shut down tomorrow and is unlikely to return to full capacity for up to three weeks, with the loss [...]
Grangemouth oil refinery workers pending strike action demonstrates another critical weakness in the government of the United Kingdom and the devolved government of Scotland.
Clearly the number of fuel processing points are totally inadequate to serve the whole of the UK and the existing units are open to terrorist attack.
Take out two refineries and just how [...]
OPEC daily basket price stood at $107.63 a barrel Thursday, 17/4/08.
High crude oil prices continue to give rise to world concern.
Increasing prices of basic foods and rice are all affected by transportation costs and governments have to address this problem before economic melt down occurs…
Vienna, 18 Apr. 08
–The price of OPEC basket of thirteen crudes [...]
