Keyword News: ["energy"]

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Thursday, July 26, 2012 2:45 AM PDT

MEG Energy reports loss of $29.5 million in second quarter Brandon Sun Thu, 26 Jul 2012 02:40 AM PDT CALGARY - MEG Energy Corp. (TSX:MEG) says it recorded a $29.5 million loss in net earnings in the second quarter, or 15 cents per diluted share. That compared to net income of $42.5 million, or 21 cents per diluted share, in the second quarter of 2011. The Calgary-based company says the loss is... Crisis forces profit warning at German tech giant Siemens PhysOrg Thu, 26 Jul 2012 02:33 AM PDT German engineering giant Siemens said Thursday it would be harder to achieve its annual profit targets, as the gloomy global economic mood weighed on orders, especially in the field of renewable energy. Government must underwrite new "contracts for difference" if clean energy policy is to work, MPs warn Out-Law Thu, 26 Jul 2012 02:33 AM PDT Government proposals to offer producers of low carbon power a fixed price for energy supplied to the National Grid risk becoming "botched" as a result of the Treasury's refusal to underwrite the contracts, an influential committee of MPs has claimed. Standard & Poor's lowers Duke Energy rating WRAL.com Raleigh Thu, 26 Jul 2012 02:32 AM PDT Standard & Poor's lowered the rating for Duke Energy Corp. Wednesday, citing the utility's lack of transparency in connection with the hiring of a new CEO and the consequences of that decision. Malampaya Royalties Can Pay Debt Manila Bulletin Thu, 26 Jul 2012 02:30 AM PDT MANILA, Philippines â€" While it abandoned earlier move to look into alleged fiscal mismanagement committed at the Power Sector Assets and Liabilities Management Corporation (PSALM), Energy Secretary Rene D. Almendras has indicated that the government intends to utilize part of the $1.0 billion Malampaya royalties to retire some of the problematic company’s monstrous debts. Lyme disease likely under-reported in Kentucky Louisville Courier-Journal Thu, 26 Jul 2012 02:25 AM PDT Two years ago, Mike Gatton played softball, took care of his 16-acre farm outside Jeffersontown and still had plenty of energy to preach a sermon every Sunday at Hurstbourne Christian Church, where he is pastor. Gatton, 64, had rarely been sick. But a tick the size of a tiny freckle changed all that â€" leaving him with Lyme disease. Repsol profits down sharply on inventory effects Seattle Times Thu, 26 Jul 2012 02:22 AM PDT Spanish energy company Repsol says its second quarter net profits fell 45 percent from the same period of 2011 to (EURO)274 million ($332 million), due in the effect of lower oil prices on the value of its inventories. PTTEP offered 72.14% of Cove Energy shares The Nation - Thailand's English news Thu, 26 Jul 2012 02:20 AM PDT PTT Exploration and Production Plc is closer to taking over Cove Energy, as the British firm's shareholders have offered to sell 354 million shares to the Thai company. Severe weather causes power outages across Mid-Michigan WNEM TV 5 Mid-Michigan Thu, 26 Jul 2012 02:19 AM PDT The storms rolling through Mid-Michigan have caused many power outages, with at least 14,500 Consumer's Energy customers throughout the state in the dark. JA plans include move and expansion Terre Haute Tribune Star Thu, 26 Jul 2012 02:17 AM PDT New energy is booming for an old cause as Junior Achievement of the Wabash Valley has new energy.

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