Saturday, March 10, 2007
Exxon sees oil, gas projects spending of $20 billion a year through 2011
Exxon sees spending of $20 billion a year through 2011
Mar 8, 2007
Exxon Mobil Corp. plans to spend about $20 billion annually through 2011 and start production at 25 major oil and gas projects over the next three years, the oil company said.
The projects will add about 1 million barrels of oil equivalent per day (BOEPD) to its base volumes when they reach their peak, Exxon Mobil said. The company was producing about 4.2 million BOEPD at the end of 2006.
Full news report here @ Reuters
Mar 8, 2007
Exxon Mobil Corp. plans to spend about $20 billion annually through 2011 and start production at 25 major oil and gas projects over the next three years, the oil company said.
The projects will add about 1 million barrels of oil equivalent per day (BOEPD) to its base volumes when they reach their peak, Exxon Mobil said. The company was producing about 4.2 million BOEPD at the end of 2006.
Full news report here @ Reuters
Labels: 10-25-billion, 2007-energy, energy, oil, oil-gas
PermaLink - Exxon sees oil, gas projects spending of $20 billion a year through 2011 posted by Ecacofonix : 1:32 AM
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GCC to invest $100 billion in power sector in Middle East
GCC to invest $100 billion in power sector
Khaleej Times - 10 Mar 2007
Spurred by a buoyant economy and population growth, the GCC countries will invest $100 billion to generate 100,000 MW of additional power over the next 10 years to meet demand.
The UAE will account for a major share of the new investment in power and water desalination projects, with Dubai alone poised to spend Dh50 billion to almost double its power generating capacity to 9,500 MW.
More from this MENAFN post
Khaleej Times - 10 Mar 2007
Spurred by a buoyant economy and population growth, the GCC countries will invest $100 billion to generate 100,000 MW of additional power over the next 10 years to meet demand.
The UAE will account for a major share of the new investment in power and water desalination projects, with Dubai alone poised to spend Dh50 billion to almost double its power generating capacity to 9,500 MW.
More from this MENAFN post
Labels: 100-200-billion, 50-100-billion, electricity, electricity-middle-east, energy, energy-middle-east, middle-east
PermaLink - GCC to invest $100 billion in power sector in Middle East posted by Ecacofonix : 12:28 AM
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$220 billion expected in renewable energy markets
$220 billion expected in renewable markets
March 9, 2007 - A recent study released by California-based Clean Edge Inc. predicts, internationally, clean energy markets are poised to quadruple in the next decade.
The market is expected to grow from $55.4 billion in revenues in 2006 to more than $226.5 billion by 2016.
Read the full news story here @ UPI
March 9, 2007 - A recent study released by California-based Clean Edge Inc. predicts, internationally, clean energy markets are poised to quadruple in the next decade.
The market is expected to grow from $55.4 billion in revenues in 2006 to more than $226.5 billion by 2016.
Read the full news story here @ UPI
Labels: 200-300-billion, 2006-energy, energy, renewable-energy
PermaLink - $220 billion expected in renewable energy markets posted by Ecacofonix : 12:24 AM
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Bank Of America Commits $20 Billion To Renewable Energy
Bank Of America Commits $20 Billion To Renewable Energy
AER Staff, 08 March 2007
Bank of America Corp. has introduced a $20 billion, 10-year initiative that encourages the development of environmentally sustainable business practices through lending, investing, philanthropy, and the creation of new products and services.
According to the company, it will commit $18 billion in lending, advice and market creation to help commercial clients finance the use and production of new products, services and technologies.
See more from this news report at Alternative Energy Retailer
AER Staff, 08 March 2007
Bank of America Corp. has introduced a $20 billion, 10-year initiative that encourages the development of environmentally sustainable business practices through lending, investing, philanthropy, and the creation of new products and services.
According to the company, it will commit $18 billion in lending, advice and market creation to help commercial clients finance the use and production of new products, services and technologies.
See more from this news report at Alternative Energy Retailer
Labels: 10-25-b, 2007-energy, 2007-mar, banking, energy
PermaLink - Bank Of America Commits $20 Billion To Renewable Energy posted by Ecacofonix : 12:06 AM
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