Helix Energy Solutions Group announces the formation of a joint venture with Australian based engineering and construction company Clough Limited to provide a range of subsea services to offshore ope  permaLink:1265672000-4766

PetroQuest Energy, Inc. announced today that the Company ended 2009 with approximately 179 Bcfe of proved oil and gas reserves. The Company's year-end reserves were net of approximately 3 Bcfe of proved reserves sold during 2009.  permaLink:1265663000-1719

PORTLAND, Ore. - The Bonneville Power Administration says the El Nino weather pattern has forced it to cut its hydro-power revenue forecast this year by more than $230 million.  permaLink:1265661000-6484

Majority-owned CNA Financial helps conglomerate post a profit, but earnings from offshore drilling fall.  permaLink:1265660000-4688

Endeavour International, an oil and gas exploration company, said Monday it agreed to a new $25 million lending agreement with the Bank of Scotland.  permaLink:1265660000-1719

Abu Dhabi's state-owned oil firm ADCO is to invest billions of dollars to hike onshore production by 400,000 barrels per day to 1.8 million bpd by 2017, its general manager Abdel Monim al-Kindy said on Monday.  permaLink:1265657000-6016

TEHRAN -- Iran informed the International Atomic Energy Agency on Monday that it will start producing higher-grade enriched uranium, prompting the United States and France to call for tougher U.N. sanctions against the country.  permaLink:1265657000-9844

The French nuclear giant Areva buys California solar thermal company Ausra.  permaLink:1265657000-6250

Niko Resources Ltd. has entered into an agreement to acquire fellow Calgary-based international exploration company Voyager Energy Ltd. in an all stock deal that will see Niko increase its asset base in Trinidad.  permaLink:1265656000-8125

Diaz Resources Ltd. has entered into an agreement with Northern Securities Inc. to act as agent on a best effects private placement basis in respect of the issue of a minimum of eight million units and a maximum of 11.8 million units at an issue price of 15 cents per unit.  permaLink:1265656000-9688

Angle Energy Inc. has reported encouraging results from horizontal drilling for gas at Lone Pine Creek and horizontal drilling for Cardium oil at Ferrier, Alberta.  permaLink:1265656000-8125

DeeThree Exploration Ltd. increased its proved plus probable reserves by 75% to 2.06 million bbls of oil equivalent as at Dec. 31, 2009 from 1.18 million BOE booked at the end of 2008.  permaLink:1265656000-9688

Triangle Petroleum Corporation is entering a new strategic initiative in the Bakken Shale play of North Dakota with the acquisition of 4,000 net acres in Williams and McKenzie counties.  permaLink:1265656000-9688

ISLAMABAD, Pakistan, Feb. 8 -- Pakistani officials said they would welcome China to a planned natural gas pipeline from Iran's South Pars as the role for India fades, Tehran said.  permaLink:1265651000-7266

Strong in nuclear power, Areva purchases concentrating solar-power company Ausra to expand its renewable energy portfolio.  permaLink:1265651000-1328

Oil and gas company Cimarex Energy Co. said Monday its production fell in 2009, but expects a rebound in 2010 volumes. The company reported full-year production volumes of 462.9 million cubic feet equivalent per day , a 4 percent decline from 2008 levels, adjusted for property sales.  permaLink:1265651000-2734

KADUNA, Nigeria, Feb. 8 -- The government of Nigeria announced plans to move forward with a hydroelectric dam project in the central state of Kaduna, local officials said.  permaLink:1265650000-8281

ISLAMABAD, Pakistan, Feb. 8 -- Iran and Pakistan will sign formal agreements on the construction of a natural gas pipeline from the South Pars field as early as the weekend, officials said.  permaLink:1265649000-2891

HOUSTON, Feb. 8, 2010 (GLOBE NEWSWIRE) -- Element Markets, LLC, a Houston-based greenhouse gas and renewable energy developer and supplier of environmental credits, today announced that it has been recognized in the 2009 Energy Risk Environmental Rankings for its exemplary performance in the US environmental credit markets. Energy Risk is the leading monthly publication for the world's oil, gas and electricity risk managers.  permaLink:1265648000-0938