Browsing Category
Business
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,…
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.…
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 by…
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…
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…
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…
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 plants…
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…
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 are being…
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 a host of…
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…
Berlin-Brandenburg Airport gets green light for construction of a second terminal
Berlin (dpa) - The construction of a second terminal at the German capital's chronically delayed Berlin-Brandenburg Airport (BER)…
Andrew Greenfield: United States “winning the race” on immigration policies
By Ndubuisi Micheal Obineme
U.S. immigration lawyer, Andrew Greenfield has said that the United States of America is leading the…
Shell secures exploration acreage offshore Mauritania
Shell Exploration and Production Mauritania (C-10) B.V. and Shell Exploration and Production Mauritania (C-19) B.V. (“Shell”) has…