Oil and Gas Companies

Pioneer Announces Sale of West Panhandle Assets for $201 Million

DALLAS---- Pioneer Natural Resources Company (NYSE:PXD) (“Pioneer” or “the Company”) has officially announced that it has signed a purchase and…

7 years ago

BMW to build new plant in Hungary for 1bn euros

Munich (dpa) - German carmaker BMW said it plans to build a new factory near the Hungarian town of Debrecen,…

7 years ago

Schneider Electric and REV collaborate to provide cutting edge solutions in Canada

Schneider Electric signs agreement with principals at REV Partnership will focus on expanding market and offer coverage in oil and…

7 years ago

Fuji Oil Uses Honeywell UOP Technology to Increase Production of Aromatics

DES PLAINES, Ill., -- Honeywell (NYSE: HON) has officially announced that Fuji Oil Co., Ltd. has begun using Honeywell UOP's…

7 years ago

Burns & McDonnell receives $40 Million contract for fuel tank improvements at Naval Base Kitsap

KANSAS CITY,  -- The Naval Facilities Engineering Command (NAVFAC) Northwest awarded Burns & McDonnell a $40 million indefinite delivery indefinite quantity…

7 years ago

Tri Global Energy Wind Project Construction Reaches Record High

DALLAS,  -- The most recent industry report from the American Wind Energy Association (AWEA) shows Dallas-based Tri Global Energy heading…

7 years ago

Caterpillar Raises Profit Outlook Despite Higher Material Costs

Caterpillar Inc. has posted second-quarter revenue and earnings that beat analysts’ estimates. The Company also raised its full-year profit forecast…

7 years ago

Positive IMF Global Growth Forecasts Propel Oil Prices Upwards

Oil prices rose last week, after several significant political and economic developments around the world, including Saudi Arabia's suspension of…

7 years ago

Magellan to expand Western Leg of Texas Refined Petroleum Products Pipeline System

TULSA, Okla.,  -- Magellan Midstream Partners, L.P.  has officially announced that an additional expansion of the western leg of its…

7 years ago

Brattle Economists: Regional Power Market Mechanisms Are A Better Path To Meeting Clean-Energy Policies

BOSTON, -- A new discussion paper released by Brattle economists addresses how regional wholesale power markets can help meet state…

7 years ago

Romania’s government pushes state energy companies to finance rising expenditures

The two largest companies held by the Romanian state will pay RON2bn (€430mn, 0.2% of the year's GDP) in dividends…

7 years ago

Petrofac introduces partner in Mexico

Petrofac Limited ("Petrofac" or "the Company") announces that it has today signed an agreement to sell 49% of the Company's…

7 years ago

German solar output surges ahead

An especially sunny summer season is helping solar power plants in Germany to achieve strong figures. Berlin (dpa) - Amid…

7 years ago

Jay Ireland to Retire From GE; Farid Fezoua to Become Africa CEO

He led GE Asset Management (GEAM), a global investment firm with about US$120 billion in assets under management at the…

7 years ago

Vladimir Putin marks Russia’s Navy Day, reveals plans for 26 new vessels

Russian President Vladimir Putin has confirmed a major boost to the navy's fleet, some armed with Kalibr cruise missiles. In…

7 years ago

BP strengthens its US onshore business, buys world-class unconventional assets from BHP

Acquisition accretive to earnings and cash flow, delivered within existing financial frame. Company increases dividend for first time in 15…

7 years ago

Australia: Offshore Production Starts Up at Ichthys LNG Project

Paris – The Ichthys LNG Project reached a major milestone on July 27 with the opening of the first offshore…

7 years ago

Security breach shuts down part of Munich Airport for five hours

Munich (dpa) - Part of Munich Airport was closed off Saturday after a woman slipped past a security checkpoint, sowing chaos…

7 years ago

Innovation, International Cooperation and the Future of Work Takes Center Stage at the 2018 NGA Summer Meeting

WASHINGTON—Last week, 21 governors, their staff, policy experts, international leaders and business executives met in Santa Fe, N.M., for the…

7 years ago

Angola’s Major Deep Offshore Kaombo Project Comes On Stream

Paris – Total has started up production of Kaombo, currently the biggest deep offshore development in Angola, located on Block…

7 years ago

Berlin blocks Chinese bid to build stake in German power sector

Berlin (dpa) – Berlin on Friday blocked China's entry into the German electricity sector on the grounds of national security.…

7 years ago

German government to set up tax incentives for electrical cars

Berlin (dpa) - The German government aims to set up tax incentives to promote the purchase of electric-powered cars used…

7 years ago

Kalemani to present investment opportunities in Tanzania’s oil and gas industry in September

Hon. Medard Kalemani, Minister of Energy, United Republic of Tanzania, will outline the vision for Tanzania’s industrialisation powered by oil…

7 years ago

German Foreign Minister warns North Korea it needs to act to end nuclear sanctions

By Michael Fischer, dpa Seoul (dpa) – German Foreign Minister Heiko Maas has offered Berlin's support in helping to drive…

7 years ago

Keppel set to deliver FPSO La Noumbi to Perenco

Keppel Offshore & Marine's wholly owned subsidiary, Keppel Shipyard, is on track to deliver a Floating Production Storage and offloading…

7 years ago

Total buys two gas power plants in France to strengthen its generation capacity

Paris - Total announces that it has signed an agreement with KKR-Energas to acquire its two gas-fired combined cycle power…

7 years ago

Norway to reach all-time high oil and gas production by 2025

In the medium-term, Norwegian E&P industry is set for output increase, particularly driven by start-up of Johan Sverdrup planned for…

7 years ago

Growth in offshore industry calls for recruitment boom

According to Rystad Energy report, there have been a massive need for recruitment in the offshore space as new projects…

7 years ago

Women in Energy: WINDE empowers over one million South Africans

By Ndubuisi Micheal Obineme Africa is the fastest growing and has the largest population of persons. The region has had…

7 years ago

Hanergy kick-starts its CSR Project, ‘Lighting Africa’ in Tanzania

“Lighting Africa” is a philanthropic project initiated by Hanergy and joined by China Foundation for Peace and Development this April…

7 years ago