As a result of a growing number of industries setting up in Sohar, Muscat in 2008 created of a new economic zone in Sohar. It had already attracted a number of projects to...
Petroleum Development Oman: PDO is owned 60% by the Omani government, 34% by Shell which is the technical manager, 4% by Total and 2% by Partex. The Shell-led foreign partners in PDO in...
CenterPoint Energy's programs include rebates for efficient space and water heating, free energy saving showerheads and incentives for efficient boilers, boiler components and food service equipment. In addition, commercial customers can receive custom...
The volatility that marked energy markets over the past year is almost guaranteed to continue in 2012. Geopolitical factors, such as Europe's financial crisis and conflicts with Iran and other regions, make long-range...
The spark spread represents the theoretical margin of electric power producers. Its understanding can reveal several speculative opportunities that traders can use to expand their market activity. There are several fundamental methods of...
In mid-December 2011, the Organization of Petroleum Exporting Countries (OPEC) surprised the energy markets by deciding to increase oil production with a new output target of 30 million barrels a day. Bloomberg reported...
HEADNOTE According to participants in the Chicago Fed's annual Economic Outlook Symposium, the U.S. economy is forecasted to grow at a pace below its historical average in 2012, following a year with an...
Hailstorms in Australia, tornadoes in the southeastern U.S. and windstorms in northern Europe: We're in the second month of the year and already receiving hints that 2012 may be shaping up to equal...
Sichuan Meifeng Chemical Industry, a China-based company primarily engaged in manufacture and distribution of chemical fertilizers, including urea, and other chemical products, announced that net profit attributable to the shareholders is expected to...
The search for oil in Oman began in 1925, soon after D'Arcy Exploration Co. won a two-year licence. Then the country was a British protectorate. The firm made geological surveys but failed to...
In his third State of the Union address to the US Congress, President Barack Obama on Jan. 24 said he was "determined to prevent Iran from getting a nuclear weapon", stressing: "I will...
Ukraine not to quarrel with anyone over gas issues - Yanukovych Ukraine does not intend to quarrel with anyone either over diversifying energy supplies or creating a gas transportation consortium, Ukrainian President Viktor...
Lietuvos dujos to buy gas from Gazprom Export in 2012, but at current price Lithuanian gas import and transport company Lietuvos dujos will purchase gas from LLC Gazprom Export, subsidiary of Russia's OJSC...
Ukraine announces plans to observe gas contract, talk price - Miller Ukraine has said it will abide by its contractual obligations to Russian gas giant for purchases in 2012. However, it will be...
There are fuel shortages in the country caused partly by financial difficulties being faced by the interim government since the fall of President Mubarak and partly in view of rising domestic prices. Long...
Having been petroleum minister since on Oct. 9, 1999, Fahmi was removed from his post in late February. On April 21, the public prosecutor ordered Fahmi and five other senior petroleum officials detained...
SAN DIEGO -- Osage Exploration and Development, Inc. (OTCBB: OEDV) is pleased to announce the spudding of the Krittenbrink 2-36H on January 8, 2012 in Logan County, Oklahoma two days after the completion...
NEW YORK -- Hess Corporation announced today that it will take a $525 million after-tax charge against its fourth quarter 2011 earnings as a result of the shutdown of the HOVENSA L.L.C. refinery...
WALL, N.J. -- New Jersey Natural Gas (NJNG) received verbal approval today from the New Jersey Board of Public Utilities (BPU) to extend The SAVEGREEN Project through December 31, 2012 for an additional...
DUBLIN -- Research and Markets (http://www.researchandmarkets.com/research/68e0d8/cyprus_energy_repo) has announced the addition of the "Cyprus Energy Report" report to their offering. This report provides updated facts and figures on the evolution of the national energy...