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BP bows to reality as it writes down $17bn of assets
News The oil giant has ditched its conspicuously bullish outlook and written down the value of its assets. Will it cut its dividend too? Matthew Partridge reports
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Essar Energy commissions new unit at refinery
News Indian energy firm Essar Energy, currently under a cloud as the Indian Central Bureau of Investigation investigates some of its senior executives, switched attention to operational matters with news of the first phase of its Vadinar Refinery expansion.
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Acta reduces solar power exposure
News Italian clean energy company Acta is to sell two solar energy project consents to Fedi Impianti, its joint venture partner on a number of previous solar energy projects.
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Coastal Energy jumps on successful results
News Coastal Energy, an independent exploration and production company, soared on news it has produced successful testing results from the first two Bua Ban North A wells in the Gulf of Thailand.
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Acta signs letter of intent with fuel cell firm
News Acta, the clean energy products company, has signed a letter of intent with Horizon Fuel Cell Technologies for the evaluation, development and production of electrolyser systems incorporating Acta's hydrogen generating technology.
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Serica jumps on UK offshore licence awards
News Serica Energy, the oil and gas explorer, put on a spurtafter announcing it had been offered two production licences in the UK government's offshore licensing programme.
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Powerhouse jumps 17% on technology purchase
News Powerhouse Energy, the AIM listed waste-to-energy company has announced it is to buy the remaining 70% of its technology licensor, Pyromex, for a maximum of £33m.
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Ophir gets cracking on what it hopes will be big year
News Africa-focused oil and gas firm Ophir Energy said 2012 has the potential to be a transformational one for the company, as it announced details of its drilling programme off the coast of Tanzania.
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Antrim gives Premier a North Sea Christmas present
News Antrim Energy, the Canadian oil company, says it has drilled a successful sidetrack well to assess the Erne discovery in the UK section of the North Sea.
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