Energy News - page 150


LUX Assure Appoints Rankin for CoMic

Nov 17, 2014

LUX Assure appointed Scott Rankin as its technical expert for the company’s chemical monitoring technology, CoMic.Rankin joined LUX Assure a year ago and has since taken part in specialist training and gained in-depth experience working with CoMic…

Drydocks World wins ADIPEC Awards

Nov 17, 2014

Drydocks World and Maritime World, the international providers of maritime and offshore services to the shipping, oil, gas, and energy sectors have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the SOLAN Project…

“Olympus” Named in Fosnavåg

Nov 17, 2014

Build number 116 from Havyard is called ‘Olympus’. It is the third in the series of Havyard’s 832 design, and, as mentioned, the eighth vessel to be delivered to Global Offshore Services. On Friday night, an Indian ceremony was held on board…

Voith Wins 'Best PR Picture of the Year' Award

Nov 17, 2014

Voith has won the award for the best PR picture of the year at the “PR Bild Award 2014” (renowned award for PR pictures). Yesterday, on Thursday, the photograph of a Voith turbine runner was declared the winner of the “PR Bild Award”. The…

Halliburton Seeks to Replace Baker Hughes Board

Nov 17, 2014

Baker Hughes Incorporated today announced receipt of notice from Halliburton Company that it intends to nominate candidates to replace the entire board of directors of Baker Hughes at its Apr. 2015 annual meeting. The nominations followed…

Technip PMC Wins ADMA-OPCO Contract

Nov 17, 2014

Technip was awarded by Abu Dhabi Marine Operating Company (ADMA-OPCO) a contract for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the Nasr Phase II Full Field Development project – Packages 1…

Drydocks World hosts INTERTANKO Team

Nov 17, 2014

Drydocks World received a high-level delegation of the Council members from the International Association of Independent Tanker Owners (INTERTANKO) on 11 November. The delegation included Mr. Olav Eek Thorstensen, MD & CEO of Thome Shipmanagement…

G20 Communique to Include Climate Change, Anti-corruption Plan

Nov 16, 2014

The G20 communique will include a significant passage on climate change and an endorsement of an anti-corruption plan, European Union officials said on Sunday.'The most difficult discussion was on climate change,' an EU official said on condition of anonymity…

Merger Talks Feed Energy Sector Deal Speculation

Nov 16, 2014

Talks that could lead to oilfield services provider Halliburton Co buying rival Baker Hughes Inc may herald increased deal-making in the energy business as companies bet on a protracted drop in oil prices, industry bankers said.Competing…

Hedge Funds' Big Bets on Energy Companies Pummeled

Nov 16, 2014

Some of the hedge fund industry's most respected firms made bigger bets on a wide swatch of energy companies during the third quarter only to watch the stocks get pummeled by falling crude oil prices.Robert Citrone's Discovery Capital Management…

Cenovus to Develop Telephone Lake Oil Sands

Nov 16, 2014

Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.The…

Petrobras Clarification on Bribe Payment Allegation

Nov 16, 2014

With regards news reports involving SBM Offshore, Petrobras wishes to clarify the following:The company established an Internal Investigation Commission on February 13, 2014, the same day it became aware of the news about the alleged payment of bribes by SBM to Petrobras employees…

Oil Surges After Brent Crash

Nov 15, 2014

Brent crude jumped almost $2 a barrel on Friday for its biggest daily gain in three weeks as support emerged a day after prices crashed to four-year lows below $80, but analysts were skeptical the rebound would continue, citing concerns over oversupply…

G20 Targets New Global Energy Body

Nov 15, 2014

Leaders at the G20 Summit are seeking to lay the foundations for a new global energy trade regime to help ensure open markets and prevent oil and gas supplies being used as tools of foreign policy, the Australian newspaper reported on Saturday…

Syzran Refinery Output Up

Nov 15, 2014

Following the results of nine months of 2014, Syzran Refinery, a part of the Samara group of refineries of Rosneft, increased output of major oil products compared to the same period in 2013.For instance, almost 1.5 million tons of diesel…

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