Stronger action is needed from Ofgem to ensure that energy customers get a fair deal, according to a committee of MPs. The MPs have called on the organisation to be less timid when it comes to dealing with "anti-competitive" behaviour by ...
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
Global oil and gas transactions have suffered a modest decline in both deal count and total value in the H1 of 2012. According to Mergers and Acquisitions in the Oil and Gas Industry, however, increasing merger & acquisition interest by ...
Tags: Energy, oil, gas, Acquisitions, Mergers, based energy, petroleum
Shell and engineering company Technip have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative floating LNG projects, the latter said Thursday. ...
Tags: floating LNG projects, Technip, Shell, Gas Corp, Gas
AFP reported that OPEC will likely cut its oil production next year as prices risk falling in reaction to higher output from top crude consumer the United States and amid a slowing of energy demand growth. The Organization of Petroleum ...
Tags: OPEC, oil production, top crude consumer, oil output
NYMEX January RBOB futures settled sharply higher Friday, leading the gains in the oil complex, as a weak fundamental picture took a back seat to a technical move higher. January RBOB settled 6 cents higher at $2.6621/gal after having ...
Tags: Chemicals, NYMEX RBOB, Technical Bounce, Crude Firms
AFP reported that OPEC will likely cut its oil production next year as prices risk falling in reaction to higher output from top crude consumer the United States and amid a slowing of energy demand growth. The Organization of Petroleum ...
Tags: oil production, top crude consumer, energy demand growth
European gas markets have lost over 10 years of growth, with demand back to the levels of the 1990s, Professor Jonathan Stern of the Oxford Institute for Energy Studies told the UK House of Lords EU energy subcommittee Wednesday. He ...
Tags: gas markets, gas, gas demand, gas prices
Ukraine's Energy and Coal Industry Ministry has again requested of the Energy Community Secretariat the immediate initiation of consultations over the South Stream gas pipeline project which runs counter to Ukraine's national interests. ...
Tags: gas pipeline project, unified energy market, gas-transport system
US Steel Tubular Products, Inc a subsidiary of United States Steel Corporation and Butch Gilliam Enterprises LLC of Midland, Texas, announced the signing of a definitive agreement to form a joint venture to provide tubular services to the ...
Tags: oil&gas drilling, api steel pipe, steel repair, steel company
China and Russia on Wednesday inked four agreements on energy cooperation. Following the 9th China-Russia energy negotiators'meeting that opened earlier in the day,the two sides signed a memorandum of understanding in cooperation on ...
Tags: agreement, energy cooperation, China-Russia energy negotiators'meeting
German pump manufacture KSB targets wind energy market At Husum WindEnergy 2012 fair,held in Husum,Germany from 18 to 22 September,German pump and valve manufacturer KSB presented its products and services for suppliers and original ...
Schneider Electric recently announced the 3rd edition of its international competition focused on developing innovative energy solutions for smarter cities—Go Green in the City—and, finally, the challenge has opened up to ...
Tags: Schneider Electric, innovative energy solution, competition
MNA reported that Iran has been named the new chair of the Gas Exporting Countries Forum and will host GECF summit in autumn 2013. Leaders of the world's biggest gas suppliers ended their first summit in Doha, Qatar on November 13. During ...
Tags: GECF summit, Gas Exporting Countries Forum, gas, natural gasoil
The renewable energy industry is at a tipping point as the developed markets start to close the door on generous subsidy programs and emerging markets develop cost strategies to compete with fossil fuels, according toErnst & Young's latest ...
Tags: renewable energy, at a tipping point, subsidy programs, fossil fuels