Latest News - page 409


GE Teams with Catapult to "Stay Ashore!"

Nov 20, 2018

GE Renewable Energy and the UK's Offshore Renewable Energy (ORE) Catapult have announced a $11 million four-year research partnership aimed at minimizing the time people have to spend offshore, which will enhance both safety and operating costs for offshore wind farms…

Engie to Buy Gas from Romania's Black Sea Oil & Gas

Nov 20, 2018

Romanian based independent oil and gas company Black Sea Oil & Gas together with its co-venture partners, Petro Ventures Resources and Gas Plus International, announced the signing of the Gas Sales Agreement with ENGIE through its subsidiary…

McDermott Bags Petrobras Contract

Nov 20, 2018

McDermott International announced a large contract award by Petrobras for a natural gas pipeline project in support of the client’s Santos basin pre-salt field program.The contract covers the implementation of the ultra-shallow segment of the new Rota 3 gas export pipeline…

Eagle LNG Receives Draft EIS

Nov 20, 2018

Eagle LNG, a wholly owned subsidiary of Ferus Natural Gas Fuels, informed that the United States Federal Energy Regulatory Commission (FERC) granted the company their draft environmental impact statement (DEIS).The draft EIS puts Eagle LNG on…

Woodside Inks 20-year Gas Supply Deal

Nov 20, 2018

Woodside Petroleum Ltd, Australia's biggest listed oil and gas explorer, said on Tuesday it had signed a 20-year gas supply deal with Perdaman Chemicals and Fertilisers Pty Ltd.The agreement is to supply about 125 TJ of gas per day for use in Perdaman's proposed urea plant…

Oil Slumps 7 Percent

Nov 20, 2018

Oil prices tumbled about 7 percent on Tuesday, with U.S. crude plunging to its lowest level in more than a year, caught in a broader Wall Street selloff that was fed by rising concerns about slowing global economic growth.U.S. West Texas Intermediate (WTI) crude futures were down $3…

First LPG Shipped from Ichthys Project

Nov 20, 2018

Japan's Inpex Corp said it had sent the first liquefied petroleum gas (LPG) shipment from its giant Ichthys project in Australia.The LPG vessel Hellas Gladiator departed the onshore liquefaction plant at the Ichthys LNG Terminal in Darwin, the company said in a statement late on Friday…

China CNOOC receives first LNG shipment from Russia's Yamal project

Nov 20, 2018

China National Offshore Oil Co, or CNOOC, offloaded a liquefied natural gas (LNG) cargo on Nov. 11 shipped from Yamal, first of its kind the Chinese firm received from the Russian Arctic gas project, CNOOC said on its website on Tuesday.The cargo…

Oil Drops 4 pct as Equities Slide Sparks Demand Worries

Nov 20, 2018

Oil prices fell about 4 percent on Tuesday, with U.S. crude plunging to its lowest in over a year, caught up in Wall Street's broader selloff fed by growing concerns about slowing global growth.U.S. West Texas Intermediate (WTI) crude futures were at $54…

Philippine Senators Ask Duterte to Disclose China Energy Plan

Nov 20, 2018

Philippine opposition senators have demanded President Rodrigo Duterte reveal details of joint energy exploration plans with China, warning such a deal risked affirming Chinese territorial claims that are not recognized under international law…

Atlantic Canada Oil Spill Caused by Weak Flowline Connection

Nov 20, 2018

A weak connector on an underwater oil flowline caused a spill during a fierce Atlantic storm last week off the coast of Canada's Newfoundland & Labrador, Husky Energy Inc said on Tuesday.The spill is the largest-ever off the coast of the Canadian province…

Equinor Plans More International Wells

Nov 20, 2018

Norwegian oil and gas firm Equinor plans to drill more exploration wells internationally and more onshore wells in 2019 compared to this year, the company's head of exploration said on Tuesday.'In general, there will be more international activity…

Oil Markets Face Unprecedented Uncertainty

Nov 20, 2018

Oil markets are entering an unprecedented period of uncertainty due to geopolitical instability and a fragile global economy, the head of the International Energy Agency said on Tuesday.Concerned about an emerging production overhang similar to the one that led to a price slump in 2014…

Poland Sees First Nuclear Power After 2030

Nov 20, 2018

Poland expects its first nuclear power plant to start operating after 2030 as the country aims to cut its use of coal in producing electricity, Deputy Environment Minister Michal Kurtyka said.The east European country, which hosts global climate talks in December…

Equinor Eyes More Russian Gas to Europe

Nov 20, 2018

Russian gas deliveries to northwest Europe will likely continue to grow in the time ahead, Norwegian oil and gas producer Equinor told an investor conference on Tuesday.In the third quarter, Russian deliveries to the region expanded to 59 billion cubic meters from 50 bcm in the same period of 2017…

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