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oil and gas

Sep 03

GE wins two 30MW wind farm contracts in Vietnam

GE wins two 30MW wind farm contracts in Vietnam

GE Renewable Energy announced that it has secured two 30 MW contracts to supply a total of 12 units of GE’s 5MW-158 Cypress wind turbines to support construction of the Quoc Vinh Soc Trang and Lac Hoa Soc Trang wind farms in Vietnam.

PowerChina Huadong Engineering Corporation"...

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Sep 02

Exxon weighs global job cuts after unveiling Australian lay-off plan

Exxon weighs global job cuts after unveiling Australian lay-off plan

MELBOURNE (Reuters) - Exxon Mobil Corp (XOM.N) is assessing possible worldwide job cuts, a spokesman said on Wednesday, after the company announced a voluntary lay-off programme in Australia.

Exxon is the latest"...

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Sep 02

Supply curbs and uncertain demand to keep oil above $40

Supply curbs and uncertain demand to keep oil above $40

BENGALURU: Oil prices will see little change this year and a modest uptick in 2021 as output cuts take effect, with the demand picture clouded in uncertainty due to the coronavirus pandemic, a Reuters poll showed on Tuesday.

The"...

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Sep 01

Russian energy giant Gazprom posts massive slump in first half

Russian energy giant Gazprom posts massive slump in first half

Russian energy giant Gazprom announced on Monday that net profit fell 25-fold in the first half of 2020 due to the economic crisis triggered by the coronavirus pandemic and low oil and gas prices.
The state-controlled group posted a net profit of 32.9 billion rubles ($447 million)"...

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Sep 01

Mitsubishi Power Established With Renewed Commitment to Transforming Energy Systems Around the World

Mitsubishi Power Established With Renewed Commitment to Transforming Energy Systems Around the World

  • The rebrand signals the next stage in the company’s journey to grow as an energy solutions provider leading the decarbonization, digitization and delivery of reliable power globally.
  • As a major wholly owned subsidiary of the Mitsubishi Heavy Industries Group, Mitsubishi Power will work even more closely with its sister companies to tap...

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Aug 26

Afton Chemical Announces Phase 3 Investment in the Singapore Chemical Additive Manufacturing Facility to Add GPA Blending Capabilities

Afton Chemical Announces Phase 3 Investment in the Singapore Chemical Additive Manufacturing Facility to Add GPA Blending Capabilities

Afton Chemical Corporation, a global leader in the lubricant and fuel additive market, has received approval from the Afton Chemical board to invest in Gasoline Performance Additives (GPA) blending capabilities at its Singapore Chemical Additive Manufacturing Facility.

The"...

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Aug 22

Ghajar visits Zahrani oil facilities

Ghajar visits Zahrani oil facilities

NNA - Zahrani - Caretaker Minister of Energy and Water, Raymond Ghajar, arrived this afternoon at the Zahrani oil facilities site, accompanied by Iraqi Chargé d'Affaires Amin Abdallah al-Nasrawi, where they received the thirty tankers of diesel fuel (equivalent to one million"...

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Aug 17

Spike in Canada’s oil patch greenhouse gas emissions

Spike in Canada’s oil patch greenhouse gas emissions

WINNIPEG, Manitoba: Reported greenhouse gas emissions from Canada’s oil patch have more than doubled in the year’s first half as changes to how they are measured revealed a more extensive picture of environmental damage, previously unreported industry data show.

Prime"...

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Aug 16

Weltec Biopower, Nordmethan to operate under one name

Weltec Biopower, Nordmethan to operate under one name

German companies Weltec Biopower and Nordmethan, part of the same group, will henceforth operate under the globally recognised umbrella brand Weltec Biopower within the scope of a strategic realignment.

"...

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Aug 11

World-class bulk liquid terminal taking shape at Duqm SEZ

World-class bulk liquid terminal taking shape at Duqm SEZ

Oman’s newest oil terminal, encompassing a complex of facilities for the storage and export of refined petroleum products from the under-construction Duqm Refinery & Petrochemical scheme, is rapidly taking shape within the Port of Duqm on the Sultanate’s southeastern coast.

"...

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