Thursday, Jul 29th
Last update:11:47:18 PM GMT
London. The boss of troubled oil giant BP, Tony Hayward, is poised to quit within days, the Sunday Telegraph newspaper reported.Hayward, who has been heavily criticised over his handling of the Gulf of Mexico oil spill crisis, is set to step down before BP announces its half-year results Tuesday, the paper said.
Oslo. Aker Solutions has won a contract with Eni Norge for the design and supply of an on-vessel Pusnes mooring systemTM for the Goliat FPSO. The total contract value for Aker Solutions is approximately NOK 150 million.
Houston. ConocoPhillips [NYSE:COP] announced today the cancelation of plans to upgrade the Wilhelmshaven refinery in Germany. "This move is consistent with our stated strategy of maintaining capital discipline and reducing our downstream portfolio over time," said Willie Chiang, senior vice president of Refining, Marketing and Transportation.
Tórshavn. Faroe Petroleum announced an oil discovery in well 6406/3-8 T2 on the Maria prospect (Faroe 30%).
Paris. The Board of Directors of Schlumberger Limited (NYSE:SLB) today declared a quarterly dividend of $0.21 per share of outstanding common stock. The dividend is payable on October 1, 2010 to stockholders of record at the close of business on September 1, 2010.
Erlangen. Siemens Energy has acquired Quick Stab from SCS Info Tech in New York, a software package used to prevent blackouts in power supply grids, thus expanding its portfolio by a further key component for setting up smart grids.
Berlin. E.ON is leading the European offshore business. According to new statistics released by the European Wind Energy Association (EWEA) 118 new offshore wind turbines with a capacity of 333 megawatts, were connected to the grid in the first half of 2010.
Atlanta. 60,000 consumers in south-central Pennsylvania won't notice any immediate changes—because nobody notices when the lights stay on—but their electric service is about to become more efficient, reliable and consumer-friendly as PPL Electric Utilities launches a smart grid project that includes GE's (NYSE: GE) world-class distribution management system.
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