Camarillo, California (ots/PRNewswire) - BNK Petroleum Inc. (the "Company") provides the following update on its operations in Poland and Oklahoma. Poland The Miszewo T-1 well, on the Trzebielino Concession in Poland held by the Company's 100% owned subsidiary, Indiana Investments Sp. z o.o. ("Indiana"), has been drilled to a depth of approximately 5,400 meters. Muted gas shows were recorded while drilling and coring in ...
Bern (ots) - Despite a challenging economic and regulatory environment, the BKW Group recorded a better result for the first half of 2012 than in the prior-year period. Consolidated operating revenue rose from CHF 1,346.4 million in the prior-year period to CHF 1,368.1 million, corresponding to an increase of 1.6%. Operating profit before depreciation, amortisation and ...
Hamilton, Bermuda (ots/PRNewswire) - Oil Insurance Limited (OIL) announced today the unveiling of its re-designed website providing easier access and navigation to information about OIL for members and brokers on a 24 x 7 basis. The site is intended to overview OIL's offered products, the 8 energy industry segments that OIL serves and information to enable a full ...
Bern (ots) - Following the annual revision, BKW FMB Energy Ltd. (BKW) has restarted Mühleberg (KKM) nuclear power plant. The 2012 annual revision lasted from 5 August to 2 September 2012. During the revision, fuel elements were replaced, repeat tests and maintenance work were carried out, and renovations made to the plant. This year, 32 of the 240 fuel elements were ...
Bern (ots) - BKW Inc. has completed its ultrasonic tests on the reactor pressure vessel at Mühleberg nuclear power plant (KKM). No anomalies were detected. The safety of the plant is assured. Towards the middle of August, suspected manufacturing faults in the base material of the pressure vessel of Reactor 3 at Belgium's Doel nuclear power plant were reported. This ...
Bern (ots) - In keeping with its policy of safety first and based on the information currently available on the Doel 3 nuclear power plant in Belgium, BKW Inc. has decided to conduct ultrasonic tests on the reactor vessel at Mühleberg nuclear power plant (KKM). The test conditions have been defined by the Federal Nuclear Safety Inspectorate (ENSI). The work will be performed as part of the current revision. Towards the ...
London (ots/PRNewswire) - - Finalists collectively turnover in excess of GBP135 billion per year and employ over 700,000 - Today, the National Business Awards in partnership with Orange has revealed over 150 of Britain's leading businesses and business leaders as finalists in the prestigious awards programme. Organisations shortlisted include a range of private, public and third sector companies, including National Grid, ...
Bern (ots) - On 9 August 2012, BKW Inc. submitted to the Federal Department of the Environment, Transport, Energy and Communications (DETEC) an application for extension and a comprehensive maintenance concept for the long-term operation of Mühleberg nuclear power plant. This complies with a requirement stipulated ...
Bern (ots) - BKW AG has shut down Mühleberg nuclear power plant (KKM) on August 5, 2012, as scheduled, for refuelling and annual revision work. The work is due to take roughly four weeks. BKW is carrying out a range of important renewal and maintenance work with a view to long-term operation of the plant. During the operating period from the end of September 2011 to early August 2012, KKM fed a gross volume of 2,935 ...
Bern (ots) - BKW AG (BKW) acknowledges the Swiss Federal Court ruling that the reduction in chargeable costs demanded by the Swiss Federal Electricity Commission (ElCom) is only partly admissible. The Swiss Federal Court ruling provides greater legal certainty. On 6 March 2009 ElCom made a decision on 2009 transmission grid costs and tariffs. This decision reduced the ...
Grenoble, France (ots/PRNewswire) - McPhy Energy, a leading developer and manufacturer of solid state hydrogen storage, today announced that the Company as part of a consortium of 7 partners has successfully kicked off the INGRID project, a major R&D and demonstration project with an overall budget of 23.9M Euros. ...
Bern (ots) - In its recently published "2030" strategy, the BKW Group (BKW) once again confirmed its sustainability targets. These can be summed up as corporate agility and responsible interaction with the environment, the economy and the community. Despite difficult operating conditions, BKW is able to record ...
Bern (ots) - BKW Inc. has decided not to make any general adjustment in its electricity prices effective from 1 October 2012, despite difficult boundary conditions such as regulatory intervention and rising costs. Minor individual increases may be introduced within the different customer segments due to energy pricing adjustments in the ratio between high and low ...
Lausanne (ots) - TO MAKE THE GREEN ECONOMY HAPPEN, REMAC ENABLES METROPOLITAN REGIONS AND CITIES TO TAKE INFORMED DECISIONS ON ENERGY & CARBON REDUCTION STRATEGIES. Rio+20 provides much-needed momentum to international cooperation on sustainable development post global financial crisis. The question is how decision ...
Bern (ots) - The Federal Electricity Commission (ElCom) has reviewed BKW's costs and energy tariffs for 2009 and 2010. In ElCom's opinion the energy costs for basic energy provision tariffs are reasonable. As part of this review, ElCom approved higher energy costs than BKW had set for its basic provision customers. Overall, therefore, the 2009 and 2010 energy tariffs were justified. In keeping with its pricing policy and ...
Stichting Nederland Krijgt Nieuw Energie
The Hague, The Netherlands (ots/PRNewswire) - Energy concessions could offer relief for Eurocrisis The countries most affected by the Eurocrisis could reduce their debts substantially with concessions for renewable energy. Greece, Italy, Portugal, Spain and Ireland have excellent conditions for harvesting energy from the sun, wind and geothermal sources. They could give their creditors concessions for large scale ...
Bern (ots) - The question of the time limit imposed on Mühleberg nuclear power plant (KKM) owned and operated by BKW AG, as pending before the Federal Supreme Court, remains open. In its capacity as a lower court, the Federal Administrative Court had lifted the time limit applicable until the end of 2012 and had ...
Zurich/Moscow (ots) - Federal Attorney General's Office again rejects criminal complaints lodged by Oleg Deripaska (UC Rusal) Just three weeks after the Swiss Federal Criminal Court rejected an objection lodged by Oleg Deripaska (UC Rusal) to a previous such ruling, the Swiss Federal Attorney General's Office has announced that it will not be further investigating the ...
Bern (ots) - Groupe E has this morning submitted an application to the municipal au-thorities for approval to construct a power plant at Cornaux (NE). With an output of 420 MW, the planned facility should produce between 2 and 2.5 terawatts of electricity a year, together with between 50 and 100 MW of heat. The site is located in an industrial zone near the gas-fired ...
Bern (ots) - At the Annual General Meeting of BKW Inc. (BKW) in Berne, shareholders were presented with a 2011 financial year impacted by special charges and a difficult market environment. The Annual General Meeting approved the 2011 annual and ...
Bern (ots) - BKW Inc. today signed an agreement to acquire a wind farm in Castellaneta (Apulia, Italy) with a total capacity of 56 MW. The acquisition will expand BKW's position as a leading Swiss operator of wind farms in Switzerland and abroad. To date, BKW has invested close to CHF 1 billion in wind power: with an installed capacity of close to 400 MW, BKW generates ...
Zurich, Switzerland/Moscow, Russia (ots) - The Swiss Federal Criminal Court has rejected in full the objection lodged by Oleg Deripaska and UC Rusal to the decision by the Federal Attorney General's Office not to investigate their allegations. The objection was lodged in response to the decision (and corresponding decree) by the Federal Attorney General's Office not to pursue the criminal complaint against Interros and ...
Bern (ots) - As the holding company, BKW Inc. constitutes the BKW Group's window to access the capital markets and, in this capacity, takes over this function from BKW FMB Energy Ltd. In this context the BKW Board of Directors of BKW has decided to transfer the BKW FMB Energy Ltd. bonds to BKW Inc. Going forward the BKW Group will henceforth be primarily financed via BKW Inc. Effective 30 April 2012, BKW Inc. will take ...
Bern (ots) - In December 2011 the public exchange offer of BKW Inc. for registered shares in BKW FMB Energy Ltd. in free float was successfully completed with 99.31% of the shares having been tendered. Following the exchange offer, BKW Inc. launched the squeeze-out for the 365,189 untendered shares in BKW FMB Energy Ltd. In its decision dated 21 March 2012, the Canton ...
Bern (ots) - The BKW Group is planning for the future. The Board of Directors has approved the BKW 2030 corporate strategy, the key planks of which are energy efficiency and renewable energy. By investing in smart grids, BKW intends to exploit the ...
Bern (ots) - In the challenging economic and regulatory environment of fiscal 2011, the BKW Group generated lower operating profit. At CHF 2,632.8 million, consolidated operating revenue was 5.6% below the prior-year figure. Low market prices coupled ...
Bern (ots) - The Federal Administrative Court (FAC) requires BKW to draw up a maintenance concept for Mühleberg nuclear power plant (KKM). BKW has already started work on such a concept. However, the FAC ruling also raises fundamental questions which ...
Bern (ots) - The Federal Administrative Court has lifted the existing time limit on the operating permit for Mühleberg nuclear power plant (KKM) and simultaneously ruled on a new time limit up to 28 June 2013. The Federal Administrative Court has also decreed that a comprehensive maintenance concept for the long-term operation of the KKM be submitted to the Federal ...
Bern (ots) - In a challenging economic and regulatory environment, the BKW Group recorded total consolidated operating revenue of CHF 2,633 million for the 2011 financial year: 5.6% lower than in 2010. Electricity sales dropped by 7.9% to 20,721 ...
Bern (ots) - With the consultation procedure with social partners now concluded, the BKW Group has finalised decisions on the personnel and organisational measures to be implemented as part of the cost reduction programme announced in December 2011. The workforce will reduced in phases by around 255 jobs and across all divisions and subsidiaries, wherever possible ...