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Oil / Energy

Releases published in the last 30 days. RSS 0.91 Feed

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Plan for Johan Sverdrup phase 2 approved
Plan for Johan Sverdrup phase 2 approved
5/17/2019 12:18:57 PM
The plan for development and operation (PDO) of the second phase of the Johan Sverdrup field development was formally approved by Norwegian authorities on 15 May.
Vale clarifies on the Gongo Soco mine
Vale clarifies on the Gongo Soco mine
5/17/2019 12:15:00 PM
As soon as a movement was detected on the northern slope of a pit at the Gongo Soco mine in Barão de Cocais, Minas Gerais, paralyzed since 2016, Vale immediately informed the competent authorities and has taken a series of necessary measures to update the region’s population about the situation in the pit and at the Sul Superior dam, which is approximately 1.5 km from the …
Eni and Sonatrach strengthen their relationship by extending the gas supply contract until 2027
Eni and Sonatrach strengthen their relationship by extending the gas supply contract until 2027
5/17/2019 12:12:28 PM
Eni and Sonatrach have signed agreements to renew the gas supply contract to import Algerian gas into Italy until 2027 (plus two further optional years) also defining the transportation arrangements through the pipeline crossing the Mediterranean Sea.
Air BP joins the ’Perfect Flight’ club
Air BP joins the ’Perfect Flight’ club
5/17/2019 12:08:52 PM
A plane trip across Sweden was dubbed the ‘Perfect Flight’ today. Not for its in-flight entertainment or comfortable leg room, but for the way it combined the latest in aircraft efficiency and the use of sustainable fuel to cut emissions by almost a half Air BP supplied the fuel for a plane trip across Sweden today that achieved nearly half the emissions of regular journeys on …
Accenture Receives Technology Advisory House of the Year Award from Energy Risk Magazine for Fourth Consecutive Year
Accenture Receives Technology Advisory House of the Year Award from Energy Risk Magazine for Fourth Consecutive Year
5/15/2019 1:05:44 PM
Accenture (NYSE: ACN) has once again been named the Technology Advisory House of the Year by  Energy Risk  magazine for excellence in serving clients across global commodity markets — marking the fourth consecutive year that Accenture has received the award.
NEXTracker Furthers Market Reach in Europe
NEXTracker Furthers Market Reach in Europe
5/15/2019 12:04:49 PM
  NEXTracker ™, a  Flex  company, announced today that the Company is bolstering its sales efforts in the region to respond to the renewed growth in PV projects slated to be developed in Europe over the next few years.
India to receive millions of barrels of Iranian oil within a month
India to receive millions of barrels of Iranian oil within a month
5/15/2019 11:30:59 AM
Indian refiners are about to get two very large crude carriers carrying 4 million barrels of Iranian oil this month - one each at Paradip in the east and Kochi in the west, Reuters reported.
ABB’s MGS100 microgrid solution enables self-reliance for 65 Indian villages
ABB’s MGS100 microgrid solution enables self-reliance for 65 Indian villages
5/14/2019 10:44:33 AM
ABB, a pioneering technology leader, is writing the future of safer, smarter and more sustainable energy for 65 villages in India. Working in collaboration with Husk Power Systems to develop clean energy microgrids, the companies are using renewable energy to reduce household energy costs by up to 40 percent and improve productivity in 85 percent of factories and small …
Gazprom Management Committee proposes new dividend amount of RUB 16.61 per share for 2018
Gazprom Management Committee proposes new dividend amount of RUB 16.61 per share for 2018
5/14/2019 10:15:27 AM
The Gazprom  Management Committee  held a meeting. The Management Committee reviewed and endorsed the new proposals to the  Board of Directors  regarding the distribution of Gazprom’s profit and the  dividend  payout based on the Company’s operating results for 2018.
The Prince of Wales visits Siemens headquarters
The Prince of Wales visits Siemens headquarters
5/14/2019 9:05:22 AM
His Royal Highness The Prince of Wales has visited the headquarters of Siemens AG while on a trip to Germany. The Prince’s trip is focused on the bilateral relations between the United Kingdom and Germany.
Awarding contracts worth NOK 2.5 billion
Awarding contracts worth NOK 2.5 billion
5/14/2019 8:45:30 AM
Equinor has awarded drilling service contracts at a total value of about NOK 2.5 billion, exclusive of options, to several suppliers. The services will be delivered to both new and existing fields on the Norwegian continental shelf.
Eni announces a new light oil discovery in Block 15/06, offshore Angola
Eni announces a new light oil discovery in Block 15/06, offshore Angola
5/14/2019 8:32:24 AM
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu exploration prospect. The new discovery is estimated to contain up to 250 million barrels of light oil in place, with further upside.
Underwater Power Generation: Energy from seawater: power generator autonomously switches between two functional modes
Underwater Power Generation: Energy from seawater: power generator autonomously switches between two functional modes
5/13/2019 1:48:05 PM
Underwater vehicles, diving robots, and detectors require their own energy supply to operate for long periods independent of ships. A new, inexpensive system for the direct electrochemical extraction of energy from seawater offers the advantage of also being able to handle short spikes in power demand, while maintaining longer term steady power.
GE Highlights Next Generation PFS/KSF Technologies at Display Week 2019
GE Highlights Next Generation PFS/KSF Technologies at Display Week 2019
5/13/2019 1:15:59 PM
• Showcases enhancements to its narrow-band red-emitting phosphor (PFS/KSF) and new narrow band green phosphor to enable next generation display technologies such as Mini and Micro- LEDS, and remote film phosphor configurations • Latest advances in PFS/KSF LEDs will deliver wider color gamut displays with full-array local dimming capability   • Will grow PFS/KSF’s …
40 Wärtsilä 20DF engines will power China’s first fleet of LNG fuelled PSVs
40 Wärtsilä 20DF engines will power China’s first fleet of LNG fuelled PSVs
5/13/2019 12:54:54 PM
The technology group Wärtsilä has won the contract to supply 40 generating sets for 12 new LNG fuelled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner.
TGS Shares received by Board of Directors
TGS Shares received by Board of Directors
5/13/2019 12:50:49 PM
The Annual General Meeting of TGS held on 8 May 2019, approved that each of the Directors, other than the Chairman, should receive 1650 restricted shares in the Company as part of their compensation.
JCP&L to Host Supplier Diversity Procurement Fair
JCP&L to Host Supplier Diversity Procurement Fair
5/13/2019 12:48:07 PM
Jersey Central Power & Light (JCP&L) will host a supplier diversity procurement fair on Tuesday, May 14, from 8:00 a.m. until 12:00 p.m. to recruit vendors to support the  JCP&L   Reliability Plus  Infrastructure Investment Program.  The free-of-charge event will be held at the company’s Holmdel office, located in the Bell Works Building, 101 Crawfords Corner Road, Holmdel.  …
Enel: candidate for board of Statutory Auditors withdraws candidacy
Enel: candidate for board of Statutory Auditors withdraws candidacy
5/13/2019 12:46:16 PM
Enel S.p.A. (“Enel” or the “Company”) announces that Professor Giovanni Fiori, the lead candidate for the office of regular Statutory Auditor on the slate for the renewal of the Board of Auditors of Enel submitted on April 23rd, 2019 by a group of mutual funds and other institutional investors (holding a total of about 1.725% of Enel’s share capital), has informed the Company …
Equinor to increase share in high value asset in deepwater US Gulf of Mexico
Equinor to increase share in high value asset in deepwater US Gulf of Mexico
5/13/2019 12:37:58 PM
The Caesar Tonga field is located 180 miles (290 kilometres) south-southwest of New Orleans in the Green Canyon area and is one of the largest deepwater resources in the US Gulf of Mexico.  Equinor’s current share of production from Caesar Tonga is 18,600 boepd (net to Equinor).  “We are pleased to increase our presence in the US, one of our core areas.
Vale to invest 11 billion reais in dry iron ore processing over the next five years
Vale to invest 11 billion reais in dry iron ore processing over the next five years
5/13/2019 12:35:04 PM
Vale has invested nearly R$ 66 billion * (US$ 17.5 billion) installing and expanding the use of dry processing, using natural moisture, in iron ore production in its operations in Brazil over the last 10 years.