Energy News - page 140


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…

EMGS Wins 3D EM Contract with BG Group

Dec 09, 2014

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract from BG Group worth approximately USD 27 million for 3D EM data acquisition in Uruguay. 'We are delighted to start working for BG in Uruguay on this survey…

Congressman Introduces Bill Lifting Oil Export Ban

Dec 08, 2014

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…

Energy Shares; Slowing China Exports Drag Wall Street Down

Dec 08, 2014

U.S. stocks declined on Monday, dragged lower by a big drop in energy shares and global growth concerns following soft data out of China and Japan. Energy was easily the worst-performing S&P sector, down 3.6 percent, as Brent crude fell…

Teekay On Board with RGU Ladies Football Sponsorship

Dec 08, 2014

Robert Gordon University’s (RGU) ladies football team has received a welcome boost this season with support from a leading energy operator. Norwegian-based company Teekay Petrojarl has agreed a $7,800 (approximate) sponsorship package for the team which has funded a new kit…

ICS Publishes Chemical Tanker Safety Guide

Dec 08, 2014

A fully updated edition of the definitive industry guidance on the safe operation of chemical tankers has just been published by the shipping industry’s global trade association, the International Chamber of Shipping (ICS).  The new edition…

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