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Senex Energy News

 

Sembcorp Industries' Energy Arm Files IPO Papers

Feb 24, 2018

Sembcorp Energy India, an independent power producer, filed draft papers with capital markets regulator Sebi to float an initial public offering (IPO). The company, which has thermal and renewable power assets in India, is promoted by the Singapore Exchange-listed Sembcorp Industries…

CEO Haugan Leaves Kvaerner to Lead Aker Energy

Feb 23, 2018

Jan Arve Haugan resigns as President & CEO of Kvaerner, and from March 1, 2018, he will start his new role as CEO of the newly established oil company Aker Energy. Idar Eikrem, Executive Vice President and Chief Financial Officer in Kvaerner…

LNG Market to Suffer From Oversupply Until 2021 - Vitol

Feb 21, 2018

Global prices of liquefied natural gas (LNG) will face pressure from oversupply over the next two to three years, particularly in warmer months, top energy trader Vitol said on Wednesday.New LNG production in countries such as the United…

One year On, OPEC Closer to Target Production Cuts

Feb 20, 2018

OPEC is closing in on its goal of reducing oil inventories held by industrialised nations to their five-year average, the original target of a supply-cutting pact with Russia and others, figures from the group's head of research showed on Tuesday…

TransCanada Seeks Okay for LA Cameron Access

Feb 16, 2018

TransCanada Corp's Columbia Gulf Transmission unit on Friday filed with U.S. federal energy regulators to commence service on its Cameron Access natural gas project in Louisiana on March 1. The $300 million Cameron Access projects includes…

Merkel Sees No Threat in New Gas Pipe to Russia, Poland Disagrees

Feb 16, 2018

The planned Nord Stream 2 gas pipeline connecting Germany and Russia poses no threat to Europe's energy security, Chancellor Angela Merkel said on Friday, publicly disagreeing with her Polish counterpart.Poland, Ukraine and Baltic states fear…

Asia's Soaring Gas Demand Beckons New LNG Projects

Feb 14, 2018

Global LNG imports rose by 20 percent in 2017; new demand emerges across South, Southeast Asia. Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity…

Saudi Arabia to Restrain March Oil Exports

Feb 14, 2018

Saudi says to keep exports below 7 million bpd in March; OPEC's Barkindo says 2018 oil demand growth to be healthy. Saudi Arabia will restrain its oil exports in March despite lower domestic need for crude as OPEC's leader is pushing to…

Lebanon Will Use Energy Block Disputed by Israel

Feb 09, 2018

Lebanese Energy Minister Cesar Abi Khalil vowed on Friday there would be full exploration in offshore energy Block 9, part of which lies in waters disputed by neighbouring Israel.Lebanon said on Friday it had signed its first offshore oil…

Patterson-UTI Energy Reports Bigger Loss than Expected

Feb 08, 2018

Oil and gas driller Patterson-UTI Energy Inc, dealing with the fallout of a drilling accident that killed five workers last month, reported a bigger-than-expected quarterly loss on Thursday as expenses more than doubled.The accident at an…

Sweden to Invest $18 million in Northvolt Battery Plant

Feb 05, 2018

Sweden will invest 146 million crowns ($18 million) in a multibillion-euro project to build Europe's biggest battery cell plant in the north of the country, its Energy Agency said on Monday. Swedish company Northvolt, whose CEO Peter Carlsson used to work for Tesla…

Russia, Syria ink energy cooperation agreement

Jan 31, 2018

Russian Energy Minister Alexander Novak and Syrian Electricity Minister Mohammad Zuhair Kharboutli signed a 'road map' agreement for cooperation in the energy sector, the Russian Energy Ministry said on Wednesday. 'The road map provides…

BP Says Gas will Overtake Oil as Main Energy Source by 2040

Jan 31, 2018

BP expects gas to overtake oil as the world's primary energy source in around 2040 as demand for the least polluting fossil fuel grows, its vice president for strategic planning said on Wednesday. 'We see it (gas) take over from coal in the early 2030s…

France's Engie Acquires Brazil's ACS

Jan 26, 2018

Engie has closed a deal to acquire Brazilian energy efficiency company ACS, the French energy group told Reuters on Friday without specifying the value. ACS offers services like remote monitoring of energy consumption, as well as water, temperature and gas monitoring…

DNV GL Alliance for Offshore Wind Energy Development in Vietnam

Jan 24, 2018

Singapore-based Enterprize Energy and partner Renewable Energy Global Solutions (REGS), together with PetroVietnam consortium comprising Petroleum Equipment Assembly & Metal Structure (PVC-MS) and VietSovPetro (VSP), MHI-Vestas Offshore Wind (MVOW)…

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First Steel Cut for Cambodia Apsara Platform

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VOS Champion Starts New Charter

Fugro Completes Deepwater AUV Survey for BSP

Fugro Completes Deepwater AUV Survey for BSP

China to Launch State Pipeline Group

China to Launch State Pipeline Group

Neptune Buys East Sepinggan Stake

Neptune Buys East Sepinggan Stake

EnQuest Awarded Block PM409 PSC

EnQuest Awarded Block PM409 PSC

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