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SHACMAN Participating in the Belt and Road

May 16, 2017

As early as 2013, SHACMN had exported 18,000 heavy trucks, nearly half of which was delivered to the five countries in Middle Asia and Russia. Now, SHACMAN not only set up a whole vehicle plant with an annual production of 50,000 units in ...

Tags: SHACMN, heavy truck

Shell and Baker Hughes Develop Innovative Reservoir Modelling Platform

Dec 10, 2016

“High-quality modelling of complex reservoirs is a major factor in creating additional value in our industry,” said Arjen Dorland, Shell’s EVP for Technical and Competitive IT. “Today’s announcement underlines ...

Tags: Shell, Baker Hughes

Shell and CNPC Agree on Global Cooperation and Establish Well Manufacturing JV

Dec 10, 2016

The two parties also signed a Shareholders Agreement to establish a Well Manufacturing joint venture (50% CNPC and 50% Shell) subject to further corporate and government approvals. It is intended that the joint venture will develop an ...

Tags: Shell, CNPC

Qatar Petroleum and Shell Sign Heads of Agreement for The Development of a World-Scale Petrochemicals Complex in Qatar

Dec 10, 2016

The scope under consideration includes a world-scale steam cracker, with feedstock coming from natural gas projects in Qatar; a mono-ethylene glycol plant of up to 1.5 million tonnes per annum using Shell’s proprietary OMEGA (Only MEG ...

Tags: Qatar Petroleum, Shell

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

First Quarter 2012 Results and Interim Dividend Announcement

Dec 8, 2016

First quarter 2012 results webcastsRoyal Dutch Shell Chief Executive Officer Peter Voser commented: “We are making good progress against our targets to deliver a more competitive performance. Our profits pay for Shell’s ...

Tags: Shell, good progress, new energy projects

BYD Launches New Electric Garbage Truck

Nov 25, 2016

Chinese-backed electric vehicle developer BYD America has launched the industry’s first all-electric, long-range electric garbage truck, a project jointly developed with Wayne Engineering, the Iowa-based refuse industry equipment ...

Tags: Electric Garbage Truck, BYD

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

12 C&C Trucks Delivered to Russia

Apr 22, 2016

Truck Star Company located in Novosibirsk City is a cooperative partner that C&C to open up the Russian market. With the global energy crisis, a new round of energy competition kicked the curtain. “Shale gas revolution in the United ...

Tags: Truck Star Company, C&C

ERCOT to Have Tighter Power Supply in Summer 2016: Report

Dec 2, 2015

An Electric Reliability Council of Texas report released Tuesday shows the independent system operator expects the supply of electricity to be tighter in summer 2016 than it did in the May version of the report. ERCOT's Capacity, Demand ...

Tags: ERCOT, wind power, solar, CDR

Solar Electricity Competitive with Natural Gas by 2025

Nov 5, 2015

Solar-generated electricity will become just as cheap as that produced by natural gas in most parts of the world by 2025, according to a new analyst report. Lux Research, which specializes in predicting the impact of emerging and ...

Tags: Solar Electricity, Natural Gas

Driven in Large Part by The Rapid Expansion of Shale Oil and Gas Drilling and Production

Jul 17, 2015

Driven in large part by the rapid expansion of shale oil and gas drilling and production in North America, the world market for oil field specialty chemicals at the service company level reached $25 billion in 2014, up from nearly $16 ...

Tags: chemicals, coating, paint pigment, shale oil

China Starts up New Shale Gas Pipelines for Output

May 14, 2015

China's state-owned oil giants Sinopec and China National Petroleum Corp. this month started up dedicated shale gas pipelines that will facilitate deliveries from the only commercial shale gas projects in the country to date as the ...

Tags: Shale Gas, Pipelines

A Final GHG PSDConstruction to Construct a Natural Gas-Fired Electric Generating Plant

Jan 28, 2015

Today, the U.S. Environmental Protection Agency (EPA) issued a final greenhouse gas (GHG) Prevention of Significant Deterioration (PSD) construction permit to Tenaska Brownsville Partners L.P., to construct a natural gas-fired electric ...

Tags: gas-fired electric generating plant, Construction

Chinese Oil Companies Prompted to Reduce Output

Jan 11, 2015

Rising production costs and falling global crude prices are prompting Chinese oil companies to reduce output and explore other options for sustainable profit growth in the long term, a leading industry expert said on Tuesday. Part of the ...

Tags: crude prices, Crude Oil

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