- BRUSSELS, March 4 - The European Commission granted on Thursday 2.3 billion euros (about 3.15 billion U.S dollars) to 43 energy projects to ensure energy supply in Europe and create more jobs.
As the second batch of a 4-billion-euro economic recovery plan, the Commission will grant the money to 12 electricity interconnection projects and and 31 gas pipeline projects over the next 18 months.
Recent industry news
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NEW YORK — Oil prices stayed put, just above $82 on Thursday, as investors mulled demand uncertainties and a government report that showed the country's huge natural gas reserves shrank a little last week. [2010-3-12 9:53:19]
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LOS ANGELES, Mar 09, 2010 (BUSINESS WIRE) -- UC Hub, Inc. (Pink Sheets: UCHB) announced today that oil and gas industry veteran Jim Dunkelberg has joined the Company's board of advisors. Dunkelberg has over 20 years of experience in all ... [2010-3-10 9:11:30]
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Uh-oh…you’ve probably noticed that gas prices are once again creeping higher, just in time for the driving season. As a motorist, it might have you cringing; but as an exchange traded fund (ETF) investor, it might have you looking for an opening. [2010-3-10 9:07:23]
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HOUSTON, March 9 (Reuters) - A rebound in oil prices has encouraged oil and gas companies to take more risks in their quest for reserves, drilling deeper in more remote waters or finding new sources of energy, top executives said on Tuesday. [2010-3-10 9:02:23]
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NEW YORK (MarketWatch) -- Shares of natural gas producers rose, but petroleum producers and oil service stocks fell Tuesday in a day of choppy trading as Chevron moved to cut 2,000 jobs in its downstream operations. [2010-3-10 9:00:07]
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HOUSTON (Dow Jones)--Jim Mulva, the chief executive of oil giant ConocoPhillips (COP), said that natural gas is a surprising "gift" to an energy industry that seeks to produce cleaner fuels. [2010-3-10 8:53:42]
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NATCHEZ, Miss., Mar 08, 2010 (BUSINESS WIRE) -- Callon Petroleum Company /quotes/comstock/13*!cpe/quotes/nls/cpe (CPE 4.55, +0.49, +12.07%) today reported results of operations for both the three and 12-month periods ended December 31 ... [2010-3-9 8:51:39]
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HOUSTON, TX, Mar 08, 2010 (MARKETWIRE via COMTEX) -- Planet Resource Recovery, Inc. (PLANET) (PINKSHEETS: PRRY), developer, manufacturer and marketer of PetroLuxus(TM) and other "Green" technologies for the remediation and recovery of the ... [2010-3-9 8:33:59]
- EU grants 2.3 billion euros to energy projects
BRUSSELS, March 4 - The European Commission granted on Thursday 2.3 billion euros (about 3.15 billion U.S dollars) to 43 energy projects to ensure energy supply in Europe and create more ...[2010-3-8 9:08:41]
- Gas stockpile to avert shortages
China National Petroleum Corp (CNPC), the country's largest oil and gas producer, plans to build 10 natural gas storage facilities between 2011 and 2015 to stockpile the fuel in the face ...[2010-2-26 10:20:42]
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