Browsing Category
Business
TransCanada Announces Agreement to Sell its Share of Cartier Wind Energy
CALGARY, Alberta, — TransCanada Corporation has announced that it has entered into an agreement to sell its 62 per cent share of…
IOC Commends Nigerian Government, NNPC on improved security
The Federal Government and the management of the Nigerian National Petroleum Corporation (NNPC) have been commended for the…
Notore Oil dreams big over Free Zone developer status
The Free Zone developer’s status granted to Notore Chemical Industries Plc will enable the oil and gas petrochemical industry to…
Rio Tinto completes sale of remaining coal assets worth $3.95 billion
Rio Tinto has completed the sale of its remaining coal assets in Queensland, Australia, for $3.95 billion.
The transactions…
SDG&E to install over 300 EV charging stations at schools, parks and beaches
SAN DIEGO, -- Some of the most frequented community facilities and destinations in the San Diego region, such as schools, parks,…
SoCalGas Presents $500,000 Check for New Energy-Saving, Ultra-Efficient Cogeneration Engines
LOS ANGELES, -- Southern California Gas Co. (SoCalGas) has presented sustainable greenhouse grower, SunSelect Produce, Inc., with…
Baleària to upgrade five of its ‘ferries’ to run on LNG
Baleària goes one step further to have an increasingly eco-efficient fleet. In this line, the shipping company plans to remotelize…
Transocean Announces One-Year Contract Extension for Henry Goodrich
STEINHAUSEN, Switzerland, -- Transocean Ltd. (NYSE: RIG) has officially announced that the harsh environment semi-submersible…
Ulstein signs ship building contract with Bernhard Schulte
Ulstein Verft has signed a ship building contract with the Germany-based Bernhard Schulte for a service operation vessel (SOVs) of…
Maersk Line nominated for Company of the Year, Container Operator of the Year at Lloyd’s List Asia…
Maersk Line has been nominated for Company of the Year, Container Operator of the Year and Lloyd’s List Intelligence Data…
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…
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, creating 1,000 jobs,…
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…
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 new…
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…
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…
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…
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…
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…
Brattle Economists: Regional Power Market Mechanisms Are A Better Path To Meeting Clean-Energy…
BOSTON, -- A new discussion paper released by Brattle economists addresses how regional wholesale power markets can help meet…
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 to the budget…
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…
German solar output surges ahead
An especially sunny summer season is helping solar power plants in Germany to achieve strong figures.
Berlin (dpa) - Amid a sunny…
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 time…
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 a…
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…
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 production well,…
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 for…
Innovation, International Cooperation and the Future of Work Takes Center Stage at the 2018 NGA…
WASHINGTON—Last week, 21 governors, their staff, policy experts, international leaders and business executives met in Santa Fe,…
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 32,…