Bern (ots) - Beat Grossenbacher, CFO and member of the Group Executive Board of BKW Inc., has decided to move to SRG SSR. As Head of Finance and Controlling, Beat Grossenbacher will also be a member of the SRG Executive Board. As agreed with SRG, he will move to his new position with SRG by 1 July 2014. Beat Grossenbacher (53) joined the Executive Board of BKW on 1 January 2009, and from then on headed the company's ...
Bern (ots) - BKW and its Italian partner Hera S. p. A. are to take over the shares held by Zecca S.r.l. in Tamarete Energia S.r.l. power plant company in Ortona. The company operates the gas-fired power plant in Tamarete. With a capacity of 104 MW, the plant is designed to deliver supplies at peak-load times. At the end of 2008, BKW acquired a 48% stake in the Tamarete ...
Johannesburg (ots/PRNewswire) - Sasol today announced the appointment of Stephen Cornell as the newest member of its management team. Cornell is currently the Chief Operating Officer for US Fuels and Global Head of Major Projects at BP plc. Reporting directly to Sasol's Chief Executive Officer, David Constable, Cornell will be appointed as Sasol's Executive Vice President: International Operations, with effect from 1 ...
Madrid (ots/PRNewswire) - - The project will be implemented under a turnkey contract and has a budget of USD 105 million - The new transmission lines, award by The Ministry of Electricity and Water of Kuwait, will connect the Subiya power plant to several key regions Isolux Corsán has been awarded a contract for ...
Abu Dhabi (ots) - Canadian Energy Equipment Manufacturing FZE ("CEEM"), a UAE oilfield specialist equipment manufacturer with facilities in Ras Al Khaimah and Dubai, is exhibiting its products as part of the 2013 ADIPEC oil show held annually at the Abu Dhabi National Exhibition Centre. (Photo: http://photos.prnewswire.com/prnh/20131111/653016-a) (Logo: http://photos.prnewswire.com/prnh/20131111/653016-b) (Logo: ...
Sasolburg, South Africa (ots/PRNewswire) - Sasol and General Electric 's GE Power & Water have together developed new water technology that will clean waste water, while also providing biogas as a by-product for power generation. This new technology, known as Anaerobic Membrane Bioreactor Technology (AnMBR), will be ...
Frankfurt (ots) - - KfW-financed model programme winner of a UNFCCC award - USD 230 million for energy-efficient housing construction in Mexico - Based on the German KfW promotional programmes for energy-efficient construction The secretariat of the United Nations Framework Convention on Climate Change (UNFCCC) has announced today that it has given an award to a programme co-financed by KfW for sustainable housing construction in Mexico (EcoCasa). Around USD 230 million has ...
Calgary, Alberta (ots/PRNewswire) - All amounts are in U.S. Dollars unless otherwise indicated: Third Quarter Nine Months 2013 2012 % 2013 2012 % Earnings (Loss): $ Thousands $(2,445) $(4,260) - $(8,694) $(10,410) - $ per common share $ (0.02) $(0.03) - $(0.06) $(0.07) - assuming dilution Capital Expenditures $34,908 $12,691 175% $45,270 $35,592 27% Average Production (Boepd) 302 1,547 (80%) 743 1,547 (52%) Average ...
Bern (ots) - Over the past few months BKW Inc. has been examining various scenarios concerning the future of Mühleberg nuclear power plant (KKM) and its continued operation. It has now decided to continue operating the KKM until 2019, in compliance with all safety requirements, following which the plant will be taken off the grid. This decision was made with due consideration to all the known technical, economic, ...
Camarillo, California (ots/PRNewswire) - BNK Petroleum Inc. (the "Company" or "BNK") , is providing an update on its Tishomingo Field, Caney oil shale operations in Oklahoma. The Company's Hartgraves 5-3H Caney well was successfully fracture stimulated in September and, while it is early in the flowback phase, the well has, over the last 4 days, averaged 1,200 barrels of oil equivalent per day (boepd) of which 585 barrels ...
Bern (ots) - Following the successful placement last year, BKW Inc. has issued another registered note for a nominal amount of EUR 150 million and a term of 20 years. The issue was placed primarily with investors in Germany. The placement secures for BKW currency-matched funding of its foreign investments and simultaneously enlarges the investor base. The registered note was issued under the lead of Deutsche Bank AG. ...
Bern (ots) - The HelveticWind joint venture is acquiring a wind farm in Italy (Apulia) for the first time. The farm has a total capacity of 36 MW and is already in operation. The 24 turbines at the Eolo wind farm together generate around 67 GWh of electricity. The partners have agreed not to disclose the purchase price. HelveticWind is a joint venture founded in March 2010 by Energie Wasser Bern (ewb) and BKW Energy Ltd. ...
Bern (ots) - The BKW Group recorded further solid growth in its operations during the first half of 2013 despite a difficult economic environment. Consolidated total operating revenue and operating profit increased, but were affected by low energy prices and two one-off effects. At CHF 103.6 million, net profit was just maintained at the prior-year level. The aims ...
Bern (ots) - Following completion of the annual revision work, BKW Inc. has restarted operations at Mühleberg nuclear power plant. The revision work lasted from 11 August to 6 September 2013. During the revision work, the fuel elements were replaced and repeat test and maintenance work was carried out. Key aspects of the 2013 annual revision were extensive repeat ...
Bern (ots) - The HelveticWind joint venture is expanding its presence in Germany with the acquisition of three wind farms in Brandenburg. The farms have a total capacity of 48 MW. Combined production from the 24 turbines at the three farms - Gross Welle (20 MW), Prötzel (18 MW) and Wulkow (10 MW) - is around 85 GWh. The partners have agreed not to disclose the purchase price for the newly acquired wind farms. ...
Bern (ots) - The Federal Department of the Environment, Transport, Energy and Communications (DETEC) / the Federal Council is proposing to amend the parameters for calculation of contributions to the Decommissioning and Waste Disposal funds in relation to revision of the Stilllegungs- und Entsorgungsfondsverordnung (SEFV; Ordinance on the Decommissioning and Waste Disposal Fund). If the changes come into force, this will ...
Bern (ots) - BKW AG yesterday shut down Mühleberg nuclear power plant (MPP) as scheduled to enable annual revision work and refuelling to take place. This revision work is set to last nearly four weeks. Key aspects of the 2013 annual revision will be extensive repeat testing and inspections of the interior and exterior of the reactor pressure vessel, performed using ...
Calgary (ots/PRNewswire) - All amounts are in U.S. Dollars unless otherwise indicated: Second Quarter First Half 2013 2012 % 2013 2012 % Earnings (Loss): $ Thousands $(929) $(2,630) L $(6,249) $(6,150) L $ per common share $(0.01) $(0.02) L $(0.04) $(0.04) L assuming dilution Capital Expenditures $7,870 $12,142 (35%) $10,362 $22,901 (55%) Average Production (Boepd) 266 1,439 (82%) 966 1,547 (38%) Average Product Price per ...
Düsseldorf/Istanbul (ots) - "All Energy Turkey" specialist trade fair and congress, 11 and 12 September 2013, Istanbul http://bit.ly/AET2013 LinkedIN http://bit.ly/AllEnergyTR Turkey has developed into one of the fastest-growing energy markets and is rapidly establishing a competitive market structure. According to estimates by the Turkish Electricity Transmission ...
Camarillo, California (ots/PRNewswire) - BNK Petroleum Inc. (the "Company" or "BNK") , is providing an update on its Tishomingo Field, Caney oil shale operations in Oklahoma, through its indirect wholly owned subsidiary BNK Petroleum (US) Inc., as well as an update on its Polish operations. The previously announced fracture stimulation of the (Caney) Barnes 6-3H well was completed and the well is currently flowing back ...
Bern (ots) - The BKW Group (BKW) drove forward its commitment to sustainability in the 2012 financial year. The company consistently honours its responsibility in the three areas of ecology, economy and society. Further developments in the interests of sustainability generate business opportunities. The 2012 Sustainability Report documents the following three areas ...
Bern (ots) - BKW AG is acquiring five small hydro power plants from A2A, Italy's second largest energy supplier with headquarters in Milan. Located at various sites in Brescia province (Lombardy), the facilities have a total capacity of just under 10 MW and produce some 40 GWh of power. This acquisition represents a further strengthening of BKW's hydro power commitment ...
Bern (ots) - As of January 1, 2014, BKW AG will be introducing an overall realignment of its electricity prices. The main reasons for these changes are: rising grid usage and system service charges imposed by Swissgrid, the increase in compensatory feed-in remuneration and, to a lesser extent, the increase in production costs in the energy sector. The actual price increase will vary from customer to customer, depending on ...
Bern (ots) - BKW AG has today submitted plans to the Federal Nuclear Safety Inspectorate (ENSI) for the implementation of cooling system retrofits at Mühleberg nuclear power plant (KKM), in compliance with a requirement made by ENSI at the end of 2012. In its statement on long-term operational safety, ENSI had asked for binding implementation plans for the ...
Frankfurt am Main (ots) - - "Brave Tern" and "Bold Tern" designed for operation in the North Sea - Contribution to energy turnaround and environmental and climate protection KfW IPEX-Bank has arranged the financing for two offshore wind farm installation ships for the Norwegian shipping company Fred. Olsen Windcarrier AG. The overall financing volume amounted to EUR ...
Bern (ots) - BKW Inc. and its Italian partners, the Hera Group and Zecca S.r.l., today inaugurated the Tamerete Energy S.r.l. gas-fired power plant in Ortona in the presence of official representatives as well as regional and national politicians. The 104-MW gas-fired power plant is designed to deliver supplies at peak-load times and will make an important contribution to electricity supplies in the region. At the end of ...
Bern (ots) - Following the successful completion of maintenance work, BKW Inc. has restarted operations at Mühleberg nuclear power plant. The Federal Nuclear Safety Inspectorate has been informed of the restart. The planned work included replacing the shaft sealing in a circulation pump. Monitoring of the components showed that a preventive replacement was required ...
Bern (ots) - BKW Inc. plans to carry out scheduled maintenance work on Mühleberg nuclear power plant (KKM). This necessitates a temporary shutdown of the plant, starting on Friday 24 May and ending provisionally on Sunday 26 May 2013. The planned work includes replacing the shaft sealing in a circulation pump. The shaft sealing in the affected pump had already been ...
Bern (ots) - At the Annual General Meeting in Berne, shareholders of BKW Inc. (BKW) were presented with solid results for fiscal 2012. The Annual General Meeting approved the 2012 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 1.20 per share (previous year: ...