Energy News - page 134


BW Offshore, Seagull Launch O&G Training

Jan 05, 2015

BW Offshore and Seagull Oil & Gas are cooperating to develop training material for the offshore industry.Building on a training relationship stretching back almost two decades, BW Offshore and Seagull are developing new training material to cover BW Offshore’s process and production operations…

ISS Announces Key Hire for Africa

Jan 05, 2015

Inchcape Shipping Services (ISS)  has announced another key hire to its African regional management team as the company gears up for ambitious growth across the region in 2015.Joining ISS on 1st January, Riaan Blom takes up the position of Vice President Sales…

Magnolia Inks Deal with KBR

Jan 05, 2015

Magnolia LNG LLC (MLNG), wholly owned subsidiary of Liquefied Natural Gas Limited executed a Technical Services Agreement (TSA) with Kellogg Brown & Root LLC, a wholly owned subsidiary of KBR, Inc. (KBR) to undertake cost verification and provide other services supporting MLNG project delivery…

Republicans Set to Challenge Obama

Jan 05, 2015

Republicans take full control of the U.S. Congress this week with an agenda of trying to force approval of the Keystone XL oil pipeline and push back on President Barack Obama's sweeping policy shifts on Cuba and immigration.After years of battles over the budget and other issues…

Dana Gas Receives $60 mln from Egyptian Gov't

Jan 04, 2015

Egypt's government has paid Dana Gas $60 million, part of overdue receivables totalling $212 million, the Abu Dhabi-listed firm said in a statement on Sunday.Egypt has delayed payments to oil and gas firms as its economy has been hammered…

Air Strikes on Port of Misrata

Jan 04, 2015

Forces loyal to Libya's internationally recognised government on Saturday staged air strikes on the commercial port of Misrata, a western city allied to a group that holds the capital Tripoli, both sides said.Fighting was also reported…

South Sudan Oil Revenue at $3.38 bln, Hit by Conflict and Price Falls

Jan 03, 2015

South Sudan's oil revenue last year was hit by reduced output because of conflict in the African republic and the rapid decline in oil prices, petroleum minister Stephen Dhieu Dau said in a statement seen by Reuters on Saturday.Oil is the main source of cash for South Sudan…

Mexico says Energy Price Hikes over for 2015

Jan 03, 2015

Mexico's government said on Friday that its latest 'gasolinazo,' or gasoline price spike, will be the only increase this year.The fuel price hike in the world's 10th biggest crude producer comes as slumping international oil prices have…

Euro and Oil Resume Fall

Jan 03, 2015

The euro fell on Friday, continuing the slide that saw the currency finish out 2014 at a 29-month low against the U.S. dollar, on expectations that the European Central Bank will soon embark on outright money-printing.Crude prices fell in a volatile session…

Senate Panel to Introduce Keystone XL Bill

Jan 03, 2015

The head of the Senate energy committee plans to introduce a bill next week to force approval of the Keystone XL oil pipeline, though the full chamber faces a battle in obtaining needed votes to overcome any veto by President Barack Obama…

Oil Declines in Thin, Volatile Trading

Jan 03, 2015

Global benchmark Brent crude oil closed down nearly a dollar a barrel Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.Brent was down 91 cents at $56…

North Dakota's Bakken Club Evicted; Says Oil Drop Not a Factor

Jan 02, 2015

An exclusive private club in the heart of North Dakota's oil country has been evicted amid a spat with its landlord over building maintenance and unpaid rent, but the club's owners say it has nothing to do with low oil prices and they will reopen at another site…

Chinese Stocks & Dollar Were Stars, Oil Big Loser

Jan 02, 2015

China and the United States headed the list of 2014 top-performing equity markets among larger economies while markets elsewhere ended the year on a wary note as another sharp drop in oil and worries about Greece's future drove profit-taking…

Wall St Edges Lower as Oil Decline Continues

Jan 02, 2015

U.S. stocks were little changed on Wednesday, putting major indexes on track to close out 2014 just off record levels, as crude oil prices continued their descent.While the market's seasonal trend of modest moves and low volume continued…

50-yr Evolution of SOLARBAN Glass by PPG

Jan 01, 2015

With its gothic spires and subtly reflective glass facade, PPG Place has been a signature monument on the Pittsburgh skyline since it was erected in 1984. It was also the first of several landmark structures in the city to feature SOLARBAN® glass by PPG Industries (NYSE:PPG)…

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