Energy Financial News

Washington (Platts) -- 5Jan2009 -- Platts weekly broker emissions indexes, along with its monthly broker emissions indexes and the daily OTC coal broker indexes are posted here so all market participants can evaluate our results. Our "Methodology...

Tokyo (Platts) -- 5Jan2009 -- PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, plans to start up all the production units of its mega petrochemical project at Rabigh, Saudi Arabia, an official at Sumitomo Chemical...

Sydney (Platts) -- 5Jan2009 -- Shell Chemicals, which is due to complete by 2010 a steam cracker project in Singapore, is expected to channel most of the plant's output towards its existing local styrene monomer and propylene oxide...

Singapore (Platts) -- 5Jan2009 -- Spot prices in the Asian toluene market trekked $15/mt higher on Tuesday morning after receiving a boost from overnight crude oil gains and a surge in US toluene prices, but most industry observers considered...

Tokyo (Platts) -- 5Jan2009 -- India's Reliance Petroleum Limited plans to start up a 900,000 mt/year polypropylene plant at its newly commissioned 580,000 b/d Jamnagar refinery in Gujarat after February, a source close to the company...

Auckland (Platts) -- 5Jan2009 -- Australia's AGL Energy has acquired a majority interest in Sydney Gas at 54.4% according to a release on the Australian Securities Exchange Tuesday. AGL Energy had announced a takeover bid for Sydney...

The price of gold will go above $1,000 per ounce this year, according to Peter Hambro, chairman of Russian gold producer Peter Hambro Mining, writes William...

The British government must declare a national need for new nuclear power stations by the end of this year, if EDF is to launch its first new generation reactor by...

The most striking trend in oil and gas M&A in recent years has been the rise of bidders from emerging economies - a development that hit the headlines with the...

Leading international oil and gas companies could emerge as winners from the financial crisis, as the steep drop in oil prices and asset valuations creates...

Shares in Clean Air Power, the Aim-listed maker of equipment that enables trucks to run on a mixture of liquefied natural gas and diesel, rose 14 per cent to 14½p...

In his wood-panelled office overlooking St James's Park in central London, Peter Hambro opens a cabinet of curiosities. From it he pulls a gold coin he says was minted...

Leading international oil and gas companies could emerge as winners from the financial crisis, as the steep drop in oil prices and asset valuations creates...

The British government must declare a national need for new nuclear power stations by the end of this year, if EDF is to launch its first new generation reactor by...

Crude oil prices closed above $49 a barrel yesterday as fighting between Israel and Hamas escalated. Nymex February West Texas Intermediate rose $2.47 to $48.81 a...

Vladimir Putin, Russia's prime minister, yesterday ordered Gazprom, the Russian energy giant, to reduce gas supplies to Ukraine bound for Europe in a move that...

Vincent de Rivaz , chief executive of EDF Energy, the UK division of the French power giant, has been rewarded for his successful year-long pursuit of British...

... says that 2009 will be a year of consolidation, and with the price of carbon credits falling in recent weeks, there is plenty for the buyer to be nervous about. ...

... designed to bolster the credibility of the carbon credits it sells. After Jan. 30, ranchers won't ... sign up with the National Farmers Union Carbon Credit Program or another program that bundles many ...

... designed to bolster the credibility of the carbon credits it sells. After Jan. 30, ranchers won't ... sign up with the National Farmers Union Carbon Credit Program or another program that bundles many ...