French state-controlled nuclear group Areva will further cut back its investment budget and sell more assets to shore up its balance sheet, and the position of Chief Executive Luc Oursel is under threat, French daily Les Echos said on its website on Monday…
LNG America welcomes Captain George “Joe” Paitl to position of VP Marine Operations and HSSE Compliance. Capt. Paitl is a retired US Coast Guard senior officer who most recently held the position of Commanding Officer and Captain of the Port…
Stabilisation follows a week of sharp falls Strong Asian and European stocks provide support Concerns of ample supply remain Brent crude oil edged down but stayed above $92 a barrel on Monday after a week of sharp falls, as strong U…
The 2015 Offshore Achievement Awards have opened for entries today, with a new category added which will recognise investment into the future talent of the energy industry.The prestigious awards, which are organised and hosted by the Society…
Eastern Pacific Shipping reports that an incident involving its managed vessel m.t. Pacific Quartz took place off Durban in South Africa Friday morning. While proceeding into the port, with a port pilot on board, the vessel touched bottom in way of No…
The Max Bögl Group of Companies acquired a new Liebherr mixing tower for production in Osterrönfeld, Germany. An inauguration party celebrated commencement of operations on 16th of July, 2014 for the newly-established precast concrete factory and the concrete mixing plant…
AVEVA today announced additional speaker, sponsor and agenda details for this year’s AVEVA World Summit. The global event is being held in Berlin, Germany, from 14-16 October. AVEVA customers from across the world’s process, plant, power…
The report released by the New South Wales Chief Scientist should give the green light to the responsible development of the state’s natural gas resources.The report states that the technical challenges and risks posed by the industry can…
ARENA is providing $360,000 to Bioenergy Australia to help shape the global research and knowledge agenda for the developing bioenergy industry.The funding will enable Bioenergy Australia to extend its participation in the International Energy Agency’s Bioenergy program…
Austria will take the European Commission to the European Court of Justice (ECJ) if it approves Britain's plans for a 16 billion-pound ($26 billion) nuclear power plant, a spokesman for the chancellor said on Sunday.The deal to pay a guaranteed…
French state-owned nuclear power group Areva will likely decide this week to scale back investments in order to avoid having its credit rating downgraded to junk status, weekly newspaper Le Journal du Dimanche said.The paper, citing unnamed sources…
Kosmos Energy is set to sign a $400 million 'farm-in' agreement with Senegal's state-owned hydrocarbon firm Petrosen and Timis Corp to take a 60 percent stake in the Cayar and St. Louis offshore blocks that they operate, a draft Petrosen document seen by Reuters on Saturday showed…
Senegal's state owned hydrocarbon firm Petrosen is set to sign a $400 million 'farm-in' agreement with Kosmos Energy and Timis Corp regarding its Cayar and St. Louis offshore blocks, a draft document seen by Reuters on Saturday showed.According to the document…
The Russia-led South Stream undersea gas pipeline is still going ahead, Energy Minister Alexander Novak was quoted as saying on Saturday, following concerns the European Union might be losing enthusiasm for the project.The natural gas pipeline…
Colombia's oil sector on Saturday hit out at a proposed tax reform that the government has presented to Congress, arguing that higher duties on corporate earnings would damage the already troubled driver of the economy.A bill was presented…