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Ivanhoe's global energy dream falls apart as company declares bankruptcy

2015-06-04 04:12:44| Oil & Gas - Topix.net

Early last year, Ivanhoe Energy was developing an oilsands project in Alberta, had partnered with China National Petroleum Corporation on an oil play in Ecuador, was pushing ahead with a proprietary heavy oil refining technology and wanted to build an offshore floating refinery. For over a decade, the company's goal was to use a process that converts heavy oil to light oil for easier transportation and processing, which it spent $100 million to acquire in 2004.

Tags: company global energy dream

 

Ivanhoe's global energy dream falls apart as company declares bankruptcy

2015-06-04 03:15:56| Energy - Topix.net

Early last year, Ivanhoe Energy was developing an oilsands project in Alberta, had partnered with China National Petroleum Corporation on an oil play in Ecuador, was pushing ahead with a proprietary heavy oil refining technology and wanted to build an offshore floating refinery. For over a decade, the company's goal was to use a process that converts heavy oil to light oil for easier transportation and processing, which it spent $100 million to acquire in 2004.

Tags: company global energy dream

 
 

Dutch mobile services market falls to EUR 1.2 bln in Q1

2015-05-31 23:16:00| Telecompaper Headlines

(Telecompaper) The Dutch mobile services market fell in the first quarter to EUR 1.17 billion in revenues, down 4 percent from the year before, according to Telecompaper's latest Dutch Mobile Operators report. Compared to the fourth quarter, revenues fell 5.5 percent. Only Vodafone Netherlands was able to achieve growth in sales and market share. But although the market for mobile services is still shrinking, the decline is slowing. In Q1 2014, the decrease amounted to 10.7 percent from the year before. The impact of regulation on Q1 of this year was less and data services generated more revenue growth. Revenues from voice services fell in Q1 of this year by 9.7 percent from the year earlier. Although revenue from data services grew, they were not able to completely offset the double-digit fall of revenues from SMS services, with total non-voice revenue rising only 3 percent. The market share of non-voice among total mobile services lifted to 48 percent.

Tags: services market mobile eur

 

FTSE falls slightly on light trade

2015-05-29 10:17:53| BBC News | Business | UK Edition

The FTSE 100 opens down slightly despite a strong showing by Associated British Foods (ABH).

Tags: light trade slightly falls

 

World hunger falls to less than 800 million: UN report

2015-05-29 01:00:00| Food Processing Technology

The number of undernourished people in the world has decreased to 795 million people as per the latest annual UN hunger report.

Tags: world report un million

 

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