Image - Vattenfall Energy Reports Loss, More Asset Write-downs

Vattenfall Energy Reports Loss, More Asset Write-downs

Swedish energy group Vattenfall reported steep losses in the third quarter on Thursday, reflecting tough conditions for the European utilities sector. The company, a big provider of energy including electricity in Europe, took more huge asset write-down charges and recorded a net loss of 18.1 billion Swedish kronor (1.9 billion euro, $2.5 billion). That compared with a net profit of 1.6 billion kronor in the same three months of last y...

Oil and Gas - Oct 30, 2014


Image - Fluor Awarded Contract for Shells Heavy Oil Extraction Project

Fluor Awarded Contract for Shell's Heavy Oil Extraction Project

Fluor announced that ICA Fluor, its industrial engineering, fabrication and construction joint venture with Empresas ICA, S.A.B. de C.V. (BMV and NYSE: ICA), signed a contract with Shell Canada Energy to supply modular fabrication and procurement services for 13 well pads for heavy oil extraction at Shell''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''...

Oil and Gas - Oct 31, 2014


Image - Eni Signs a Cooperation Agreement With Pemex

Eni Signs a Cooperation Agreement With Pemex

Petroleos Mexicanos'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''...

Oil and Gas - Oct 30, 2014




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