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Sector news

Thursday, Mar 11, 2010

Premier Strikes Oil On Blabaer Prospect, North Sea Premier Oil has made an oil discovery in the Cook formation on the Blabaer prospect in the North Sea. BG Norge, the operator of production license 374 S, is in the process of completing the drilling of wildcat well 34/5-1 S located about 25km northeast of the Snorre field in the North Sea.


Thursday, Mar 11, 2010

RWE npower To Upgrade Little Barford Gas-fired Plant In UK RWE npower has said that it will spend approximately GBP100m to upgrade turbines for increasing output and reducing CO2 emissions at its Little Barford gas-fired power station in Cambridgeshire, UK.


Thursday, Mar 11, 2010

npower To Reduce Gas Prices By 7% npower has said that it will reduce its in domestic gas prices for domestic gas customers by an average of 7% from March 26, 2010.


Thursday, Mar 11, 2010

E.ON Posts Stable Earnings Despite Drop In Sales E.ON has posted an adjusted EBITDA of EUR13.5bn for fiscal 2009, about 1% up compared to prior-year. The sales for the year were down by 6% to EUR82bn compared to EUR87bn in the previous year.




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