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oil and gas

Mar 10

January boost for German industry ahead of virus impact

January boost for German industry ahead of virus impact

FRANKFURT AM MAIN, Germany — German industrial production nudged upward in January, official data showed on Monday, although the fillip for the struggling manufacturing sector predated the impact of the novel coronavirus.

Industrial output expanded 3.0 percent month-on-month"...

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Feb 27

Lebanon pins hopes on first oil exploration

Lebanon pins hopes on first oil exploration

BEIRUT: Lebanese President Michel Aoun has described the potential discovery of oil under the country’s seabed as “the initiation of the Lebanese people’s dream.”

In the coming days, the"...

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Feb 26

Nasr to NNA: Drillship works will take 55-60 days

Nasr to NNA: Drillship works will take 55-60 days

NNA - Head of the Lebanese Petroleum Administration, Walid Nasr, stressed in an interview with the 'National News Agency', that the drilling process by the Tungsten Explorer drillship, which arrived in Lebanon today, will take between 55 and 60 days in block 4 of the Lebanese waters,"...

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Feb 26

Drillship off Lebanon to start oil and gas exploration

Drillship off Lebanon to start oil and gas exploration

BEIRUT — A drillship anchored off Lebanon Tuesday to explore for oil and gas, an energy firm and the government said, raising hopes for a future boost to the country's crumbling economy.

Information Minister Manal Abdel Samad said the first ever such exploration would"...

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Feb 24

AG&P Breaks Ground on its LNG Import Facility at Karaikal Port, Puducherry, Expanding Access to Natural Gas for Downstream Customers in South India

AG&P Breaks Ground on its LNG Import Facility at Karaikal Port, Puducherry, Expanding Access to Natural Gas for Downstream Customers in South India

AG&P, the global downstream gas and LNG logistics company, has broken ground on its LNG Import Facility at Karaikal Port, Puducherry, paving the way to broader access to natural gas as a primary fuel in South India. The Karaikal LNG Import Facility (“Karaikal LNG”) is expected"...

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Feb 23

Lebanon Begins Drilling for Oil Next Week

Lebanon Begins Drilling for Oil Next Week

Lebanon is expected to start drilling offshore for oil and gas on February 27, Culture and Agriculture Minister Abbas Mortada told VDL (93.3) radio station on Friday.

During its meeting yesterday, “not only"...

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Feb 22

Ghajar tackles electricity issue with Norwegian, Swiss ambassadors

Ghajar tackles electricity issue with Norwegian, Swiss ambassadors

NNA - Water and Energy Minister, Raymond Ghajar, met Friday respectively with Norwegian Ambassador to Lebanon, Leni Stenseth, and Swiss Ambassador to Lebanon, Monica Schutzz Kergoz.


Discussions reportedly touched on the issue of electricity, especially in terms of needed"...

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Feb 22

Eaton and Abunayyan Holding Form Joint Venture to Produce and Service Low- and Medium-Voltage Switchgear in the Middle East

Eaton and Abunayyan Holding Form Joint Venture to Produce and Service Low- and Medium-Voltage Switchgear in the Middle East

(AETOS Wire)-- Power management company Eaton (NYSE:ETN) and Abunayyan Holding today announced the formation of a joint venture to produce and service low- and medium-voltage switchgear in the Middle East. The joint venture will do business as Eaton"...

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Feb 21

Northern Data and Canaan Inc Announce Cooperation on Blockchain-technology and AI

Northern Data and Canaan Inc Announce Cooperation on Blockchain-technology and AI

(AETOS Wire)-- Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87), one of the largest blockchain solutions and datacenter providers in the world and Canaan Inc, (Nasdaq: CAN, US ISIN: US1347481020) one of the leading blockchain technology companies"...

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Feb 21

Rockwell Automation Strengthens Control & Visualization Portfolio with Acquisition of ASEM

Rockwell Automation Strengthens Control & Visualization Portfolio with Acquisition of ASEM

(AETOS Wire)-- Rockwell Automation, Inc. (NYSE: ROK) today announced it has signed an agreement to acquire Italy-based ASEM, S.p.A., a leading provider of digital automation technologies. ASEM provides a complete range of Industrial PCs (IPCs), Human-Machine"...

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