Energy News - page 139


Bibby Offshore Names Hughes Interim Managing Director

Dec 12, 2014

Pete Hughes has been appointed by Bibby Offshore as Interim Managing Director, Asia Pacific, effective immediately. Hughes currently serves as the company’s Strategic Delivery Director and takes over the role from Darren Morgan who has left to pursue opportunities outside the group…

Samref Wraps Yanbu Refinery Revamp

Dec 12, 2014

Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and ExxonMobil, has completed construction of major desulfurization facilities, including a new hydrotreater, that dramatically cuts sulfur levels in gasoline and diesel…

UniSource Buys Gila River Power Station

Dec 12, 2014

UniSource Energy Services (UES), an indirect, wholly owned subsidiary of Fortis Inc., has strengthened its generating portfolio and reduced its reliance on the wholesale energy market through the purchase of a share of the efficient natural gas-fired Gila River Power Station in Gila Bend…

Strong Interest in Keppel DC REIT IPO

Dec 12, 2014

• Public Offer of 53,763,000 Units approximately 9.6 times subscribed, valid applications amount to approximately S$478.7 million• Largest REIT IPO in Singapore year-to-date with S$512.9 million raised• Commencement of trading of Keppel DC REIT on the Main Board of the SGX-ST at 2…

US Lawmakers Give Preview of Oil Export Fight

Dec 11, 2014

U.S. lawmakers gave a preview on Thursday of a looming fight next year on lifting the ban on crude exports with supporters saying it would sustain the drilling boom and others questioning its impacts on industry and fuel prices. In a House of Representatives hearing on the ban…

Chevron Takes Cummings on Board

Dec 11, 2014

Chevron Corporation informed that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee.John Watson, chairman of the board and chief executive officer of Chevron said…

Gazprom, Siemens to Join Forces

Dec 11, 2014

Berlin hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Joe Kaesar, President and Chief Executive Officer of Siemens.The parties addressed the key issues of the joint activities pointing…

Hytorc Aid Testing of Large Turbines

Dec 11, 2014

Clemson University has recently taken the lead for making strides in large-scale wind turbine energy testing and construction, as the organization is in the process of completing their revolutionary new testing facility, the Clemson University Restoration Institute (CURI)…

Mexico OKs First Shallow Water Offshore Contract

Dec 10, 2014

Mexico has approved the tender of 14 initial contracts for exploration and production of oil and gas in shallow waters, the National Hydrocarbons Commission said on Wednesday, December 10, 2014.Following a energy overhaul finalized earlier this year that ended a 75-year state monopoly…

2H Offshore Appoints Hariharan

Dec 10, 2014

2H Offshore has appointed Madhu Hariharan as an additional director in its London office. Hariharan’s considerable riser engineering experience further strengthens the senior management team in the UK and will help develop 2H Offshore’s growing client base in Europe and the Middle East…

Vankorneft Starts Suzan Pipeline Construction

Dec 09, 2014

Vankorneft, a subsidiary of Rosneft, in compliance with the program of Suzun field development started construction of pressure oil pipeline to connect Suzun and Vankor oil fields. Total length of the oil pipeline will be 101 km.The project…

Storied Oil Trader Phibro Winds Down

Dec 09, 2014

Phibro, the storied energy trading firm run by famed oil investor Andrew Hall, is winding down in its current form, laying off some U.S. employees and pursuing a sale of some overseas operations, sources said on Tuesday. The divestment by Occidental Corp…

Cameroon Oil Output up 15%

Dec 09, 2014

Oil production in Cameroon rose 15 percent year-on-year to 22.69 million barrels by the end of October, according to the state oil firm, but output may double within the next two years as new fields come on line.Cameroon became a modest oil producer in 1977…

Triad, EMP Join Forces

Dec 09, 2014

As part of its product rollout strategy Eco Marine Power (EMP) announced today that it has signed a support agreement with Theodosiou Bros Ltd (TRIAD Ltd) of Piraeus, Greece.This agreement between EMP and TRIAD Ltd will lead to the establishment…

Unique System & HYPACK's Hydrographic Course in UAE

Dec 09, 2014

A division of the Unique Maritime Group (UMG) which is one of the world’s leading integrated turnkey subsea and offshore solution providers, Unique System FZE in conjunction with HYPACK Inc. has successfully conducted HYPACK’s hydrographic…

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