The UK government believes there is much greater opportunity in developing the North Sea's remaining oil and gas resources than in the fledgling onshore shale gas sector, and plans to implement speedily recommendations laid out in a final ...
Tags: Shale Gas, North Sea Investment
Gasoil demand from Belgium, France, Belgium, Germany and Switzerland -- the main consumption centers in Northwest Europe -- is down a quarter this winter amid mild weather and a longer-term shift away from the product, traders said Monday. ...
Tags: Gasoil demand, Mineral
When it comes to storing energy on the grid, giant batteries are the only game in town. Now, a number of companies are building mechanical systems that use air as the storage medium. U.K.-based Highview Power Storage last week said that ...
Tags: Liquefied Air, Electronics
BASF increased sales and earnings in 2013 compared with the previous year. Sales of BASF Group in the fourth quarter of 2013 were €18.1 billion, slightly above the same period of the previous year. Volumes increased in all segments. ...
Tags: BASF, Keep Head Above Water
Dirty diesel is the most common form of electricity generation throughout Caribbean island nations, but that will change if billionaire Richard Branson has anything to do with it. Branson is using his private island in the British Virgin ...
Tags: NRG Energy, LED lighting, Swap Diesel, Caribbean
Pivotal LNG and WesPac Midstream LLC selected to serve TOTE's LNG vessels in Jacksonville, Florida Monday, Feb 10, 2014 Pivotal LNG, Inc., a wholly owned subsidiary of AGL Resources (NYSE: GAS), and WesPac Midstream LLC (WesPac) today ...
Tags: TOTE, LLC, Pivotal LNG, EVP
The New York Times: Health, Work, Lies On Wednesday, Douglas Elmendorf, the director of the nonpartisan Congressional Budget Office, said the obvious: losing your job and choosing to work less aren't the same thing. If you lose your job, ...
Tags: Health, Labor Market, Obamacare, 'Narrow Networks'
As China is executing its ambitious shale gas development plans to reach 6.5 billion cubic meters (cm) by 2015, the US' experiences in the industry may offer a number of lessons for China, US and Chinese academics concluded in a conference ...
Tags: Natural Gas, Mineral
Russia's largest oil producer, Rosneft, and petrochemical company Sibur Friday reached an agreement under which the oil producer will sell its 49% stake in a gas processing joint venture to Sibur and guarantee supply of up to 10 billion ...
Tags: Rosneft, Gas, oil producer
First production from the Papua New Guinea LNG project is now expected in the third quarter of this year, Australian joint venture partner Santos said Friday as it reported its financial results for 2013. Santos holds 13.5% of the ...
Tags: LNG project, Mineral
The European Commission is to report by 2017 if governments should be required to notify it of planned gas, oil and coal extraction projects and small renewable energy projects under amended EU rules adopted late Thursday by EU ministers ...
The new pumps of the Turbovac i product line consistently offer a higher performance even for widely differing requirements. Through their additional compression stage, the Turbovac 350 i and 450 i are particularly well suited for ...
Tags: Turbo Molecular Pumps, Pumps
Power management company Eaton today announced its support of new deadlines on national fuel economy and greenhouse gas emission standards for medium and heavy-duty vehicles, including 18-wheelers, sanitation trucks, buses, and other large ...
Tags: Heavy-Duty Vehicle, Auto Parts
US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday. Gulf Coast stocks saw a draw of 533,000 barrels to fall to ...
The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...
Tags: Pacific LNG, Chemicals