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Shell Decides to Move Forward with Groundbreaking Floating LNG

Dec 10, 2016

The Board of Royal Dutch Shell plc (Shell) has taken the final investment decision on the Prelude Floating Liquefied Natural Gas (FLNG) Project in Australia (100% Shell), building the world’s first FLNG facility. Moored far out to ...

Tags: Shell, LNG

Shell Agrees Sale of Downstream Businesses in Australia to Vitol

Dec 8, 2016

The sale covers Shell’s Geelong Refinery and 870-site retail business - along with its bulk fuels, bitumen, chemicals and part of its lubricants businesses in Australia. It also includes a brand license arrangement and an exclusive ...

Tags: Shell, sale, business

Iveco HD9 Whole-Wheel Drive Heavy Truck Delivered to Algeria

Dec 6, 2016

After striking a pose on the stage of Hanover Motor Show, Iveco Astra has received a large order in African region to send 131 ventricles to seismic exploration in Algeria. ENAGEO (Entreprise National Geophysique) belong to the Algerian ...

Tags: Iveco, Hanover Motor Show

Amarinth Secures EUR500,000 Pump Order for Abu Dhabi Project

Oct 13, 2016

Amarinth has received an order worth more than €500 000 from Fjords Processing in France to supply eight API 610 OH2 desalting system recycling pumps for the Al Dabb’iya Facilities Development Phase III project in Abu Dhabi. ...

Tags: Amarinth, Fjords Processing, API 610 OH2 recycling pumps

Exxonmobil Says Second Well Offshore Guyana Confirms Significant Oil Discovery

Sep 28, 2016

Exxon Mobil Corporation (NYSE:XOM) today said that drilling results from the Liza-2 well, the second exploration well in the Stabroek block offshore Guyana, confirm a world-class discovery with a recoverable resource of between 800 million ...

Tags: drilling results, Liza-2 well, significant oil discovery

ExxonMobil Earns $1.7 Billion in Second Quarter of 2016

Sep 28, 2016

Cash flow reflects durability of the integrated portfolio amid continued industry volatility Strong Chemical results highlight sustainable competitive advantages Advancing attractive new investment opportunities across the value ...

Tags: second quarter 2016, results

ExxonMobil to Acquire InterOil in Transaction Worth More Than $2.5 Billion

Sep 28, 2016

ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful ...

Tags: ExxonMobil, InterOil, transaction

Offshore Technology Conference -1

May 2, 2016

OTC 2016 (Offshore Technology Conference) will be held in Houston's NRG Park from 2 - 5 May 2016. OTC 2016, organised by the SPE (Society of Petroleum Engineers), is the offshore oil and gas industry's foremost event for the ...

Tags: Footprints

SPX FLOW: Chinese Nuclear Power Industry Ambitions

Apr 15, 2016

Spun-off from SPX Corporation in September 2015, SPX Flow, Inc. was formed to pursue a more flow-focused strategy and capitalise on the organisation's strengths for the global food and beverage, power and energy and industrial markets. SPX ...

Tags: SPX FLOW, Nuclear Power Industry

Pegasus Foods Plans $10m Expansion Of Frozen Food Production Facility In Texas,US

Mar 16, 2016

California-based frozen foods manufacturer Pegasus Foods has announced plan to expand its Rockwall food production plant in Texas with an investment of $10m. The expansion will include construction of an 80,000ft2 manufacturing ...

Tags: Pegasus Foods, Expansion, Rockwall food, Investment, Texas, Frozen food

Scale of LED Industrial Lighting to Reach US$2.9 Billion in 2016

Mar 7, 2016

The LED industrial lighting market has enjoyed accelerated growth in recent years owing to the rising demand worldwide and government subsidies, says LEDinside, a division of TrendForce. According to LEDinside’s latest report, 2016 ...

Tags: LED Industrial Lighting, LED Lighting

Shale Gas Industry on The Rise in China

Dec 31, 2015

In China's financial hub Shanghai, kitchen stoves now use a new energy source: shale gas, a clean energy that travels more than 1,600 kilometers to the city's homes via a series of pipelines. China has recently made breakthroughs in shale ...

Tags: Shale Gas Industry

Xinjiang's Natural Gas Output Exceeds 30 Bln Cubic Meters

Dec 25, 2015

Northwest China's Xinjiang Uygur Autonomous Region has produced more than 30 billion cubic meters of natural gas this year, ranking second in the country following Shaanxi Province. According to the latest statistics from the region's ...

Tags: Natural Gas

More Test Drilling Required to Assess Potential of UK Shale Industry: Study

Dec 16, 2015

The UK needs to allow more shale gas exploration wells nation-wide before a reliable picture of the effect of a shale industry on the country can be properly formulated, the Task Force on Shale Gas said late Monday. The Task Force on ...

Tags: shale gas, natural gas

GECF Members Agree on Need for 'collective Action' Among Gas Exporters

Nov 24, 2015

Energy ministers from the 12 members of the Gas Exporting Countries Forum (GECF) agreed at the weekend on the need for "collective action" to address the issues facing the industry -- especially in the area of supply and demand, the GECF ...

Tags: GECF, gas industry

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