AFP quoted British oil giant BP saying that it had agreed to sell its stake in China's Yacheng gas field to the state owned Kuwait Foreign Petroleum Exploration Company as part of a divestment program. BP said that it has agreed the sale ...
Tags: BP, China gas, South China Sea, Yacheng gas
Petrobras recently recognized Tenaris in the framework of the “Best Suppliers of Goods and Services” awards in two categories. First, Tenaris was recognized in the “Long-Term Global Contracts” category in the Campos ...
Tags: Petrobras, casing, tubing, oil production, oil
Nexans, the worldwide leader in the cabling industry, announced that it is participating in GITEX Technology Week 2012 with its distributor, Mindware to promote its highly-acclaimed LAN cabling systems. The company also plans to use GITEX ...
Tags: Nexans, cabling industry, GITEX Technology Week 2012, cabling system
CoDeSys, a piece of software running on industrial control systems (ICS) from over 200 vendors contains a vulnerability that allows potential attackers to execute sensitive commands on the vulnerable devices without the need for ...
Tags: CoDeSys, software, ICS, vulnerability
The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development." Announced Tuesday by Natural Resources Minister Joe ...
Tags: Canada, Coal, Copper, Diamond, Gold, Iron Ore, Nickel, Oil Sands, Oilsands
According to the International Renewable Energy Agency, or Irena, gulf countries could save up to USD 200 billion from now until 2030 by investing seriously in renewable. Mr Adnan Z Amin director general of Irena said that the ...
Tags: Renewable Energy Agency, Renewable Energy, oil, gas
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is ...
Tags: China, Canada, Metallurgy, Mineral Energy
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
The Moscow Times reported that Italian refiner Saras is to form a joint venture with Rosneft that will allow it to tap the Russian group's crude oil portfolio in return for access to the wider Mediterranean. Saras said that the two sides ...
Tags: Joint Venture, Oil and Gas, Crude Oil, Oil Heating Prices
INTERFAX-CHINA reported that Royal Dutch Shell plc remains committed to spending at least USD 1 billion per year in China’s upstream oil and gas sectors, as part of an aggressive move to expand its footprint in the Chinese energy ...
Tags: Royal Dutch Shell, China, oil, gas
The News reported that the Sui Southern Gas Company has signed a MoU to import Liquified Natural Gas as part of efforts to fulfill the country’ growing energy needs. An official of the Ministry of Petroleum and Natural Resources ...
Tags: Sui Southern Gas Company, Liquified Natural Gas, energy, energy industry
Most Chinese takeovers in the resource sector do not pose a threat to national security, says the author of a new report on Chinese investment in Canada. Theodore Moran, a professor of international business at Georgetown University, says ...
Tags: resource sector, investment, Direct Investment, mining, oilsands
Cloud computing will move supercomputers out of the research labs and into c, it was claimed this week. Dial-up supercomputing services are making it possible for smaller companies to analyse vast quantities of data, run engineering ...
TATA Power, India's largest integrated power player has proposed modernization of its 500 MW Unit 6 at Trombay Thermal Power Station. Currently, Unit 6 at Trombay can operate only on oil and gas. The modernization plan includes addition ...
Tags: TATA Power, oil and gas, coal firing equipment, continued power supply
An agreement has been signed to merge DNV and GL. The new entity will be called DNV GL Group. It will be one of the world's leading ship classification societies and risk experts in the oil and gas, renewable energy and power sectors, and ...
Tags: DNV GL Group, oil and gas, renewable energy, power sectors