Energy News - page 182


Rivera Named District Manager at GEG

May 27, 2014

Greene’s Energy Group, LLC (GEG), a provider of integrated testing, rentals and specialty services, has promoted Ricardo “BJ” Rivera to district manager for two Greene’s product lines – Testco Production BOP Testing and Guardian Wellhead Protection and Rentals…

RMEC Adds Greig to Management Team

May 27, 2014

RMEC Ltd. announced the appointment of a new operations manager to its recently forged management team. Dean Greig joins the Forfar-based well intervention equipment firm as it embarks on the next stage in its growth strategy following the £7…

USV Powered by Renewable Energy

May 27, 2014

Eco Marine Power (EMP) today revealed details of its Aquarius Unmanned Surface Vessel (USV) and announced that it will begin work related to the construction of a prototype. The Aquarius USV is being developed as a cost-effective unmanned surface…

Khanna New Global Head of Marine Risk Consulting

May 22, 2014

Allianz Group’s specialist corporate insurer Allianz Global Corporate & Specialty (AGCS) announced the appointment of Captain Rahul Khanna to Global Head of Marine Risk Consulting, effective July 1, 2014. In this position, Captain Khanna…

Marathon Petroleum to Buy Hess's Retail Business for $2.87 bln

May 22, 2014

Marathon unit Speedway to buy the business Deal to give Speedway gas stations, East Coast stores Marathon shares up slightly, Hess up 1.8 percent Refiner Marathon Petroleum Corp said it would buy oil and natural gas company Hess Corp's retail and transport business for $2…

Energy Future Postpones Restructuring Hearing

May 22, 2014

An attorney for Texas' leading power company, the bankrupt Energy Future Holdings, told a court hearing on Thursday that it will delay seeking court approval of a restructuring support agreement that lays a path out of Chapter 11.At the…

"Walking" Offshore Platform Wins Innovation Award

May 22, 2014

The innovative walking jack-up platform WaveWalker 1 was presented with the Product and Equipment Innovation Award at the prestigious Ground Engineering (GE) Awards ceremony in London earlier this week.WaveWalker 1, developed by Fugro and Van Oord…

Oilennium Gears Up for Demand

May 21, 2014

Oilennium Ltd, a Petrofac Training Services (PTS) company that provides eLearning training services to the oil and gas industry, is expanding its UK and USA offices as demand for its services continues to fuel dramatic growth in the UK and USA…

For Polluted China, Gas is a Matter of life or Death

May 21, 2014

'If I work in your Beijing, I would shorten my life at least five years,' Premier Zhu Rongji, a career politician from Shanghai, quipped in 1999, referring to the notorious air pollution in China's northern capital. Research has confirmed life expectancy in northern China is 5…

IADC Presents Sea Safety Awards

May 21, 2014

The International Association of Drilling Contractors (IADC), North Sea Chapter once again recognized the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen.Julian Hall of Ensco, North Sea Chapter Chairman…

Topaz Reports Revenue up 7%

May 21, 2014

Q1 2014 revenue up 7% over Q1 2013 to US$ 89.4 million as a result of the expansion of the core vessel fleet and high vessel utilization.Topaz Energy and Marine has announced the results of its subsidiary Nico Middle East Ltd. (“NMEL”) for the three months ended 31 March 2014 (“the period”)…

Areva Confirms to Change Management Structure

May 20, 2014

State-owned French nuclear power engineering group Areva confirmed on Tuesday that it would change its governance structure after pressure from its main shareholders, the state and the French Atomic Energy Commission.The move creates a single board of directors…

Rosneft Tenders to Sell 876,000 Tonnes of VGO

May 20, 2014

Russia's top oil producer Rosneft has issued tenders to sell 876,000 tonnes of vacuum gasoil (VGO) out of the Baltic Sea and the Black Sea between July and December, traders said on Tuesday. One tender calls for bids to buy up to 540,000…

GAO: U.S. Can Do Better on Arctic Policy

May 19, 2014

The U.S. needs a better strategy to coordinate and prioritize its policies related to the Arctic region, according to a Government Accountability Office (GAO) study out today that was released by Reps. Rick Larsen (WA-02), Tim Bishop (NY-01)…

Long-Range Clean Tanker Rates Hit 8-Month High

May 19, 2014

Long-range clean tanker rates stayed firm on Monday extending a recent rally with firmer cargo demand bolstering sentiment further. Long Range 1 tankers, carrying 55,000 tonne loads from the Middle East Gulf (MEG) to Japan, reached W117…

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