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  COMPANY NEWS & EVENTS Minimize

More on gas discoveries in Thai Binh 1X - Friday, December 01, 2006
The Company is pleased to announce today that following the gas discoveries in Thai Binh 1X, estimated at 1.3 Trillion cubic feet, the valuation of the shares of ATI Petroleum, in view of the upcoming IPO on Euronext, is currently at US$10 per share


Gas discovery at Thai Binh-1X exploration well - Friday, November 24, 2006
ATI Petroleum is pleased to announce that Thai Binh-1X exploration well ("Thai Binh-1X") in Blocks 102 and 106 ("Blocks") offshore Vietnam successfully tested natural gas and condensate over two sand intervals. The two intervals flowed at a maximum combined rate of approximately 23.0 million standard cubic feet per day of natural gas through a 128/64" choke at a wellhead pressure of 534 psi. Condensate was produced at a rate of three barrels per million cubic feet.
Another drill-stem test is currently being conducted to test the hydrocarbon potential of the upper sand intervals. 


ATI Petroleum has secured an agreement... - Monday, November 13, 2006
ATI Petroleum has secured an agreement with European Investment Banker "Europe Finance Industry" based in London and Paris, to proceed with an Initial Public Offering on EURONEXT market.
ATI Petroleum stock will be traded on the European board as of January 27th 2007.
The agreement signed between the two parties stipulate that "E.F.I." will raise €60 million for ATI Petroleum, to secure the necessary funding for the expansion of ATI Petroleum’s exploration operations. 


ATI Petroleum is pleased to announce... - Thursday, November 09, 2006
ATI Petroleum is pleased to announce that on November 14th 2006, it has filed an official application with the Ministry of Energy of GHANA for the purpose of attribution of an Oil and Gas exploration block offshore.
The President and CEO of ATI Petroleum, Dr Huu Duc DINH , declared in Hanoi : " In line with our strategy for the future, we are currently expanding our Oil and Gas exploration department to Africa where tremendous energy reserves are expected to be discovered. This will consolidate our asset base and enable the Company to increase future revenues".
ATI Petroleum is a US Company member of the American Technologies Inc, Group with Operations in Oil and Gas exploration blocks 102 & 106 offshore Vietnam. 


      

  Nuclear Energy News Feeds (RSS)

India: Confidence vote clears path for trade?
As India&#39;s first indigenously designed nuclear power plant celebrates its 25th anniversary, a vote of confidence in prime minister Manmohan Singh&#39;s coalition government could pave the way for the conclusion of the long-awaited US-India nuclear energy deal....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/24/india-confidence-vote-clears-path-for-trade.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2954" width="1" height="1">

Angra 3 dealt a blow by minister
The completion of Brazil&#39;s Angra 3 reactor looks more doubtful after the country&#39;s environment minister set 60 tough conditions for the project. Eletronuclear must beautify nearby cities and pay for the maintenance of a 100,000 hectare national park....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/24/angra-3-dealt-a-blow-by-minister.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2952" width="1" height="1">

EOn and Statkraft finalize asset swap
Germany&#39;s EOn group has finalized its agreement with Statkraft for a €4.5 billion ($6.2 billion) asset swap under which EOn will take total ownership of its Swedish subsidiary, EOn Sverige. As part of the agreement, EOn will acquire Statkraft&#39;s 44.6% stake in EOn Sverige, whose nuclear power assets are 29.6% of the Ringhals plant, 9.8% of the Forsmark and 54.5% of Oskarshamn. EOn said these nuclear assets make up 40% of the 6400 MWe of generation it now owns in Sweden. The transfer of ownership of the assets is expected to take place at the end of 2008, subject to the necessary approval by antitrust authorities. In addition to full control of EOn Sverige, EOn will also acquire a hydropower plant in Sweden. In return, government-owned Statkraft will receive 51 hydropower plants in Sweden, Germany and the UK, as well as five Swedish district heating plants and two gas-fired plants in Germany. In addition, Statkraft receives a structured gas storage and an electricity supply contract....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/24/eon-and-statkraft-finalize-asset-swap.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2953" width="1" height="1">

Tricastin pauses for alarm
Refuelling and maintenance work is to restart at Tricastin 4 this afternoon, following a radiation alarm yesterday morning. Workers in and around unit 4 were sent to the power plant&#39;s medical centre after alarms sounded to indicate an increase in radiation compared to normal levels. All 129 staff and contractors in and around the reactor at the time of the alarm were checked, with 39 presenting traces of radiation too low to be analysed and 61 presenting &quot;weak traces&quot; lower than 2.5% of the operational limit of 20mSv per person per year. Caroline Muller of owner-operator Electricité de France told World Nuclear News the alarm sounded after a filter on a ventilation duct failed, and that outage work is set to restart after its replacement this afternoon. Tricastin hosts four power reactors, as well as one operating a uranium enrichment plant and another under construction. The site has been a focus of attention after the recent spillage of 30 cubic metres of uranium-bearing solution at a facility associated with the enrichment activities....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/24/tricastin-pauses-for-alarm.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2951" width="1" height="1">

Contracts for new US Areva plants
Two contracts have been awarded related to new Areva facilities in the USA. One concerns an environmental study of an enrichment plant; the other, detailed engineering of sintering furnaces for a MOX plant....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/23/contracts-for-new-us-areva-plants.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2943" width="1" height="1">

UK national laboratory confirmed
The UK&#39;s National Nuclear Laboratory is to be an international &quot;centre of excellence&quot;, said a minister today when confirming the facility will indeed go ahead. It is to be a main part of a regional regeneration project for West Cumbria....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/23/uk-national-laboratory-confirmed.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2942" width="1" height="1">

Kazakhstan eyes top spot in uranium output
Kazakhstan aims to overtake Canada and Australia to become the world&#39;s leading uranium supplier next year. The country is also getting involved in all stages of the front-end of the nuclear fuel cycle....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/23/kazakhstan-eyes-top-spot-in-uranium-output.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2944" width="1" height="1">

GdF and Suez merged with nuclear agenda
Gaz de France (GdF) and Suez shareholders agreed their merger yesterday, creating an oil and gas giant with substantial links to nuclear energy. In a related move, Britain&#39;s Centrica has consolidated a controlling stake in Belgium&#39;s second-largest power company....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/23/gdf-and-suez-merged-with-nuclear-agenda.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2940" width="1" height="1">

ARMZ links with Areva, plans new U plant
Russian uranium mining company Atomredmetzoloto (ARMZ) has said it intends to set up a joint uranium prospecting and mining venture with French nuclear company Areva. Meanwhile, its Lunnoye subsidiary is to build a new uranium processing plant in Siberia....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/22/armz-links-with-areva-plans-new-u-plant.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2938" width="1" height="1">

Malaysia looks into nuclear
[AFP, 22 July; The Star Online, 21 July] Malaysian utility Tenaga has set up a nuclear energy taskforce to look into building a nuclear power station at the request of the country&#39;s government. According to Mohamad Zam Zam Jaafar, head of the taskforce, Tenaga would likely enter a joint venture with an &quot;experienced party&quot; to build a first nuclear plant. Current state policies do not include nuclear as a national energy source for Malaysia, which relies heavily on natural gas and coal, but a national energy blueprint is due to be announced in August. The Malaysian Nuclear Energy Agency predicts that the country will need nuclear beyond 2020. Speaking at conference held by the Asian Strategy and Leadership Institute in Kuala Lumpur, Dr Muhd Noor, deputy director of the Malaysian Nuclear Agency, urged the government to make a decision on whether to include nuclear as an option, saying the longer the country waited, the costlier any project would become....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/22/malaysia-looks-into-nuclear.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2935" width="1" height="1">

Russian reactor designer and constructor to merge
Russian reactor builder AtomStroyExport and design organization St Petersburg Scientific Research and Design Institute AtomEnergoProekt are to merge to boost their chances in the international nuclear reactor market....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/22/russian-reactor-designer-and-constructor-to-merge.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2937" width="1" height="1">

Draft criteria set for siting new UK reactors
The UK government has set out the draft criteria and process for assessing where new nuclear power plants could safely and securely be constructed in England and Wales....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/22/draft-criteria-set-for-siting-new-uk-reactors.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2936" width="1" height="1">

Sichuan province plans nuclear power plant
[Xinhua, 22 July] China&#39;s Sichuan province will soon submit an application to the state planner, the National Development and Reform Commission, for the construction of a nuclear power plant in the inland region, according to local media reports. Experts involved in conducting the feasibility study for the proposed Sanba nuclear project have reportedly already concluded that the plant will be safe. The 4000-6000 MWe plant would be located at Nanchong on the Jialing River and would require a total investment of 25 billion yuan ($3.7 billion). State-owned China Guangdong Nuclear Group will be the main shareholder, but the project will also be open to other investors. In May 2008, a magnitude 7.9 earthquake affected southwestern Sichuan province, killing some 70,000 people. The main nuclear facilities affected were military ones, apparently without any radioactive releases. The eleven nuclear power reactors currently in operation in China are all on the country&#39;s eastern coast. A number of other provinces - including Chongqing, Hubei, Henan and Jiangxi - are vying to construct China&#39;s first inland nuclear power plant....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/22/sichuan-province-plans-nuclear-power-plant.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2933" width="1" height="1">

Plan to construct SVBR at Obninsk
Rosatom and Russian Machines will establish a joint venture to develop a nuclear power plant employing an SVBR reactor, Nuclear.Ru reported. Vladimir Petrochenko, Russian Machines&#39; director of power machine engineering, said the company was ready to invest some $400-$500 million in the project, under which a 100 MWe nuclear power plant would be constructed at Obninsk. The plant should be completed by 2015. Petrochenko said told Russian news agency RIA Novosti, &quot;At present, we are in the process of signing an agreement to design and build the new reactor with Rosatom.&quot; The SVBR is modular lead-bismuth-cooled fast neutron reactor from Gidropress, derived from a design used in submarines with 70 reactor-years operational experience. It can use different nuclear fuels, including mixed-oxide (MOX) fuel....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/21/plan-to-construct-svbr-at-obninsk.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2928" width="1" height="1">

Support for nuclear energy rises in California
Support for the construction of more nuclear power plants in the US state of California has grown over the past two decades, with half of Californians now in favour, according to a recent poll....(<a href="http://nuclearstreet.com/blogs/world_nuclear_news/archive/2008/07/21/support-for-nuclear-energy-rises-in-california.aspx">read more</a>)<img src="http://nuclearstreet.com/aggbug.aspx?PostID=2927" width="1" height="1">
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