Bern (ots) - BKW welcomes voters' rejection of the "Mühleberg off the Grid" initiative. The results of the referendum show that voters in the canton of Bern trust BKW and support the decision in favour of an orderly shutdown for Mühleberg nuclear power plant in 2019. BKW will continue with the preparations to shut down the plant according to plan. BKW is pleased with ...
Bern (ots) - At the Annual General Meeting in Berne, BKW Inc presented its shareholders with a solid operating result for fiscal 2013. The Annual General Meeting approved the 2013 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 1.20 per share. Shareholders also ...
Camarillo, California (ots/PRNewswire) - All amounts are in U.S. Dollars unless otherwise indicated: 1st Qtr 2014 1st Qtr 2013 % Earnings (Loss): $ Thousands $250 $(5,320) - $ per common share assuming dilution $0.00 $(0.04) - Capital Expenditures $12,954 $2,492 420 Average production per day (Boepd) 962 1,674 (43) Average Product Price per Barrel $78.18 $34.69 125 Average Netback per Barrel $57.36 $18.89 204 3/31/2014 ...
Bern (ots) - In 2013, BKW's sustainability management focused on intensifying dialogue with stakeholder groups. Sustainability is a crucial success factor for BKW in its journey from electricity producer to comprehensive energy service provider. Sustainability is not only about environmental aspects, it also has an economic and social dimension. In times of declining ...
Bern (ots) - The BKW Board of Directors has appointed Ronald Trächsel the new Chief Financial Officer CFO and member of the Group Executive with effect from 1 August 2014. As Head of Finance and Services, he will take over from Beat Grossenbacher, who is moving to SRG SSR. Until the end of February 2014, Ronald Trächsel was CFO of the globally active Sika Group, a specialty chemicals company operating in 84 countries ...
Bern (ots) - In what proved to be an exceptionally challenging economic and regulatory environment, the BKW Group achieved a very good operating profit for the 2013 financial year. Contributory factors included in particular higher production volumes, the growing service business, a stable networks business and consistent implementation of the cost reduction programme. ...
Bern (ots) - In view of her future mandate with the Cantonal Bank of Bern (BEKB), Antoinette Hunziker-Ebneter has decided to stand down from the Board of Directors at the BKW Annual General Meeting on 9 May 2014. Antoinette Hunziker-Ebneter joined the BKW Board of Directors in the spring of 2006 and has served as its Vice Chairman since May 2007. Since 2006 she has ...
Bern (ots) - In an exceptionally challenging economic and regulatory environment, the BKW Group posted very good operating income of around CHF 500 million for the 2013 financial year. However, for the purpose of the year-end financial statements, distortions on the electricity market necessitated the recognition of ...
Hertfordshire, UK (ots) - SkyVision Global Networks Ltd., a leading global communications provider, today announced the successful implementation of its project with SAPETRO (South Atlantic Petroleum), one of Nigeria's major oil and gas upstream companies with new operations in Benin, which includes the installation ...
Bern (ots) - BKW is selling 100% of the shares in Swiss Solar Invest AG - a company founded with a view to implementing photovoltaic plants - to UBS Clean Energy Infrastructure Switzerland, a limited partnership for collective investments. For its part, Swiss Solar Invest AG is acquiring from BKW a portfolio of photovoltaic plants with a collective installed capacity of up to 4.67 MW. At the same time, BKW will enter into ...
Dubai (ots) - Canadian Energy Equipment Manufacturing FZE ("CEEM"), a UAE oilfield specialist equipment manufacturer with facilities in Ras Al Khaimah and Dubai, has announced that UMW Oil & Gas Corporation Berhad ("UMW Oil & Gas") has purchased one of its Advanced Hydraulic Workover Units ("AHWU"). The total order value is for USD2.8 million and includes a 460k ...
London (ots) - ISCC EU and DE certified, Ennovor is currently undergoing an audit to become qualified to trade RSB certified biodiesel. The Roundtable on Sustainable Biomaterials is a European Commission approved system for the certification of biomaterials including biofuels. A multi-stakeholder scheme, RSB brings together farmers, companies, non-governmental ...
London (ots) - Ennovor Group, a global sustainable biofuels company, is pleased to announce that it has signed a rolling tolling contract with one of Spain's largest biodiesel refiners. An innovator of feedstock procurement, supply chain development and sustainability assurance, Ennovor plans similar tolling agreements with a number of specialist biodiesel refineries ...
Frankfurt (ots) - - USD 60 million promotional loan awarded to PTA Bank - Important contribution to achieving sustainable economic growth and promoting employment in COMESA member states KfW Development Bank has signed a USD 60 million promotional loan with the Eastern and Southern African Trade and Development Bank (PTA Bank). The Bank is providing companies in the ...
Alberta Electric System Operator
Calgary, Alberta (ots/PRNewswire) - The Alberta Electric System Operator (AESO) has announced the five companies who will compete for the opportunity to build, finance, own and operate a major component of Alberta's transmission infrastructure from the Wabamun area to the Fort McMurray area under the newly created Competitive Process. The AESO received submissions from ...
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 as well as its Polish shale gas project. Oklahoma - Tishomingo Field BNK's strategy for its 2013 Caney drilling program was to prove the productivity of the Caney formation in our Tishomingo field. The Company's efforts were focused on increasing the ...
Bern (ots) - In 2013 BKW Energie AG's Mühleberg nuclear power plant (KKM) achieved an impressive volume of electricity production, generating a gross 3,068 million kilowatt hours (kWh) and recording availability of 91 percent. Due to the temporary shutdowns for maintenance work on a circulation pump, the volume of electricity was slightly lower than in the record year of 2012. Thanks to virtually fault-free operation and ...
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. ...