Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada.Mr. Arnell will be succeeded by Gary Smith…
U.S. oil company Apache Corp announced the retirement of Chief Executive Steve Farris, effective Tuesday, and named John Christmann, chief operating officer - North America, as his replacement.Farris, who has helmed Apache for 14 years,…
ABB, the leading power and automation technology company, is proud to accompany Solar Impulse and its crew on the plane’s flight around the world powered only by energy from the sun. Solar Impulse, based in Switzerland, announced today…
There are only 20 days to the end of entries in Journalism Award Petrobras. Will cover the best national and regional articles published in newspaper / magazine, television, radio and news portal in the areas of Culture, Sports, Social Responsibility and Oil…
People Factor Consultants Ltd (PFC) has celebrated the second operational anniversary of its exclusive, in-house designed high fidelity power distribution simulator.Unique in Europe (the only other is based in Houston and was also designed by and commissioned to PFC)…
Norwegian Energy Company ASA (Noreco) has agreed to transfer its 30 per cent ownership in PL484 in the Norwegian Sea to North Energy ASA (North). The transfer is subject to government approval.Further, the companies have agreed that Noreco…
The California Air Resources Board has fined four shipping companies a combined $146,719 for failing to switch from dirty diesel “bunker” fuel to cleaner, low-sulfur marine distillate fuel upon entering Regulated California Waters – within 24 nautical miles of the California coast…
Golar LNG announced today that it has been awarded 2 time charters by Nigeria LNG Ltd ('NLNG') to employ the recently delivered Golar Frost and Golar Crystal. Employment of both vessels under these contracts will commence in January 2015…
The United States District Court for the Eastern District of Louisiana yesterday ruled on the issues raised in the Phase 2 trial of the Deepwater Horizon case: the quantification of oil spilled and BP’s source control efforts following the accident…
Dun & Bradstreet, the world's most trusted source of commercial data and insight, today became the first certified vendor of the Small Business Financial Exchange, Inc.'s wholly owned subsidiary SBFE, LLC. As an SBFE Certified Vendor™, Dun…
Brazilian natural gas and oil producer QGEP Participacoes SA said on Friday it abandoned an offshore exploration block it owns with Brazil's sate-run oil company Petrobras after deciding continued exploration was not economically viable.The returned block…
ABB traction technologies to drive reliable, energy-efficient trains destined for markets ranging from the United States to Europe’s highest mountain railway stationZurich, Switzerland, January 16, 2015 – ABB, the leading power and automation technology group…
Shlumberger Ltd, the world's No.1 oilfield services provider, said it will cut 9,000 jobs, or about 7 percent of its workforce, as it focuses on controlling costs amid plummeting oil prices.The company said it took charges amounting to $1…
MacGregor, part of Cargotec, has won a contract from Fujian Southeast Shipyard in China to supply deck equipment packages for two 78m anchor-handling/offshore support vessels under construction for Singapore-based Adhart Shipping Pte Ltd…
Liquefied Natural Gas Limited informed that the United States Patent and Trademark Office has allowed a patent application related to the Company’s core LNG processing design…