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Oil / Energy

Releases published in the last 30 days. RSS 0.91 Feed

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Update on the Lake Charles Chemicals Project
Update on the Lake Charles Chemicals Project
5/22/2019 2:14:33 PM
Sasol has today updated its guidance for LCCP following a review process to assess the project costs and schedule. • LCCP’s schedule remains on track with the Ethylene Glycol/Ethylene Oxide Unit due to achieve beneficial operation within days.
LUKOIL Drills Record Breaking Wells at D41 In The Baltic Sea
LUKOIL Drills Record Breaking Wells at D41 In The Baltic Sea
5/21/2019 2:12:02 PM
LUKOIL commenced commercial operation of two wells at D41 offshore field in the Baltic Sea. Construction of one of the wells finished on February 6, 2019, the other was completed on May 7, 2019.
Long-term Wärtsilä Service Agreements support optimal performance for LNG Carriers
Long-term Wärtsilä Service Agreements support optimal performance for LNG Carriers
5/21/2019 2:09:11 PM
The technology group Wärtsilä has signed long-term service agreements for four Japanese owned LNG Carriers. Wärtsilä’s Dynamic Maintenance Planning (DMP) proposition with performance guarantees is recognised as adding considerable value to the customers’ operations.
TGS and Spectrum execute merger agreement and merger plan
TGS and Spectrum execute merger agreement and merger plan
5/21/2019 1:54:59 PM
Following the announcement on 2 May 2019 that TGS-NOPEC Geophysical Company ASA (" TGS ") and Spectrum ASA (" Spectrum ") plan to merge, the two companies today announced that their respective boards of directors have unanimously approved and decided upon a final merger agreement and merger plan in line with the terms previously announced.
Enel, positive impact from resolution of pending regulatory issues in Argentina
Enel, positive impact from resolution of pending regulatory issues in Argentina
5/21/2019 1:48:04 PM
Enel S.p.A. (“Enel” or the “Company”) announces that its listed Chilean subsidiary Enel Américas S.A. (“Enel Américas”) informed that its subsidiary in Argentina, Empresa Distribuidora Sur S.A.
Subsea templates installed on Nova field
Subsea templates installed on Nova field
5/21/2019 1:36:49 PM
Wintershall Dea has installed two subsea templates on the ocean floor in Norway, marking a major milestone for the operated Nova project, and the first operational landmark for the newly merged global company.
ExxonMobil Permian development to provide $64 billion in benefits to New Mexico: Study
ExxonMobil Permian development to provide $64 billion in benefits to New Mexico: Study
5/21/2019 1:21:34 PM
ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state and local communities over the next 40 years, creating thousands of new jobs and providing increased funding for education, health and human services and infrastructure improvements.
Equinor awards NOK 700 million Johan Sverdrup contract
Equinor awards NOK 700 million Johan Sverdrup contract
5/21/2019 1:09:41 PM
Equinor awards a contract for services within insulation, scaffolding and surface treatment (ISO) on the Johan Sverdrup field to Kaefer Energy AS. Awarded under an already existing framework agreement for operations the contract has an estimated value of more than NOK 700 million.
North Carolina regulators approve Duke Energy’s innovative microgrid project in Madison County
North Carolina regulators approve Duke Energy’s innovative microgrid project in Madison County
5/21/2019 12:37:32 PM
Madison County will soon be home to an innovative microgrid installation after the North Carolina Utilities Commission (NCUC) approved Duke Energy’s renewable energy project.
***MEDIA ADVISORY*** At Protests Across Virginia, Communities Demand Banks Divest from Fossil Fuels
***MEDIA ADVISORY*** At Protests Across Virginia, Communities Demand Banks Divest from Fossil Fuels
5/21/2019 11:55:29 AM
Virginians will rally at bank branches across the state tomorrow to call on major banks to pull their support for dirty fossil fuels. The day of action marks the formation of a new coalition, Invest Virginia, made up of concerned communities working to challenge investments in the fossil fuel industry, particularly fracked gas infrastructure like the Atlantic Coast and …
Vale updates on the suspension of freight services on the Belo Horizonte branch line
Vale updates on the suspension of freight services on the Belo Horizonte branch line
5/21/2019 9:04:32 AM
As a precautionary measure, Vale has suspended the transport of freight on the Belo Horizonte branch line between Sabará and Barão de Cocais, which is operated by the Vitória-Minas Railroad (EFVM).
Eni awarded a high potential exploration block in Argentina’s offshore
Eni awarded a high potential exploration block in Argentina’s offshore
5/21/2019 8:58:58 AM
  The Argentinian authorities officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium. The award is the outcome of the consortium’s successful bid in the International Bid Round “Ronda Costa Afuera n.
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 …