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Oil / Energy

Releases published in the last 30 days. RSS 0.91 Feed

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Voith improves efficiency and environmental compatibility of Semla and Graninge hydropower plants in Sweden
Voith improves efficiency and environmental compatibility of Semla and Graninge hydropower plants in Sweden
1/23/2018 4:00:52 AM
• New technology replaces 100-year-old turbines and power plant  • Graninge now generating double the amount of electricity • Modernized Semla plant now more efficient and eco-friendly There are a large number of hydropower plants in Europe and North America that are more than 100 years old.
Vale celebrates migration to the Novo Mercado
Vale celebrates migration to the Novo Mercado
1/22/2018 11:49:06 AM
Ten months after announcing its corporate restructuring, on Friday, December, 22nd, Vale celebrated the migration of its shares to the Novo Mercado, the highest listing segment in terms of corporate governance, management and transparency.
Enel starts construction of 93 MW wind farm in Mexico
Enel starts construction of 93 MW wind farm in Mexico
1/22/2018 11:46:09 AM
Enel S.p.A. (“Enel”), acting through its renewable energy subsidiary Enel Green Power México (“EGPM”), has started the construction of the 93 MW Salitrillos wind farm, the company’s first plant in the north-eastern Mexican state of Tamaulipas.
Eni boots up HPC4 and makes its computing system the world’s most powerful in the industry
Eni boots up HPC4 and makes its computing system the world’s most powerful in the industry
1/22/2018 11:43:03 AM
Eni has launched its new HPC4 supercomputer, at its Green Data Center in Ferrera Erbognone, 60 km away from Milan. HPC4  quadruples the Company’s computing power and makes it the world’s most powerful industrial system.
Saudi Aramco, CB&I and Chevron Lummus Global sign Joint Development Agreement to demonstrate and commercialize Thermal Crude to Chemicals (TC2C™) technology
Saudi Aramco, CB&I and Chevron Lummus Global sign Joint Development Agreement to demonstrate and commercialize Thermal Crude to Chemicals (TC2C™) technology
1/22/2018 11:25:57 AM
Saudi Aramco, through its wholly-owned subsidiary Saudi Aramco Technologies, has today signed a three-party Joint Development Agreement (JDA) with CB&I, a U.S.-based leading provider of technology and infrastructure for the energy industry, and Chevron Lummus Global (CLG), a joint venture between CB&I and Chevron U.S.A.
Gazprom receives construction permit for second string of TurkStream
Gazprom receives construction permit for second string of TurkStream
1/22/2018 11:23:27 AM
“The  TurkStream  project is well underway. In accordance with the plan, it is carried out simultaneously at three sections: onshore in Russia and Turkey and offshore in the Black Sea.
Duke Energy named one of Fortune’s
Duke Energy named one of Fortune’s "World’s Most Admired Companies"
1/22/2018 8:19:57 AM
• Company’s long-term, customer-focused strategy continues to deliver greater value to customers Duke Energy has been named to Fortune magazine’s 2018 list of the World’s Most Admired Companies.
China Telecom, State Grid, and Huawei Jointly Release Industry’s First Report on 5G Network Slicing for Smart Grids
China Telecom, State Grid, and Huawei Jointly Release Industry’s First Report on 5G Network Slicing for Smart Grids
1/22/2018 2:57:57 AM
China Telecom, China’s State Grid, and Huawei have jointly released a report entitled 5G Network Slicing Enabling Smart Grid which details results  of the 5G network slicing project, a major national initiative.
Eeva Sipilä appointed Metso’s interim President and CEO as of February 3, 2018
Eeva Sipilä appointed Metso’s interim President and CEO as of February 3, 2018
1/22/2018 2:50:23 AM
Metso’s Board of Directors have appointed CFO Eeva Sipilä as Metso’s interim President and CEO as of February 3, 2018. The current President and CEO Nico Delvaux will leave his duties on February 2.
Evonik and Siemens to Generate High-Value Specialty Chemicals from Carbon Dioxide and Eco-Electricity
Evonik and Siemens to Generate High-Value Specialty Chemicals from Carbon Dioxide and Eco-Electricity
1/19/2018 10:04:53 AM
Evonik and Siemens are planning to use electricity from renewable sources and bacteria to convert carbon dioxide (CO2) into specialty chemicals. The two companies are working on electrolysis and fermentation processes in a joint research project called Rheticus.
Nike Takes Steps Toward 100% Renewable Energy in North America
Nike Takes Steps Toward 100% Renewable Energy in North America
1/19/2018 7:30:33 AM
Nike announced that it has signed its second major wind contract with Avangrid Renewables — this time for 86 megawatts of Texas wind power. “This agreement enables us to source 100 percent renewable energy across our owned or operated facilities in North America,” says Hannah Jones, Chief Sustainability Officer and VP of the Innovation Accelerator for Nike.
Nissan LEAF technology to be used in electric bus test in Japan
Nissan LEAF technology to be used in electric bus test in Japan
1/19/2018 6:21:07 AM
Technology developed by Nissan for the 100% electric Nissan LEAF will be used in an electric bus project that starts testing next month in Japan, with the goal of making zero-emission public transit more widespread and affordable.
GE Signs over $330M in Deals with Macquarie Capital - Techint Consortium to Provide Total Plant Services Solution for the Norte III Power Plant in Mexico
GE Signs over $330M in Deals with Macquarie Capital - Techint Consortium to Provide Total Plant Services Solution for the Norte III Power Plant in Mexico
1/18/2018 1:53:50 PM
Aligning with Mexico’s Ministry of Energy’s National Electric System Development Program (PRODESEN) 2017-2030 plan,  GE’s Power Services business  (NYSE: GE) signed long-term agreements with a consortium formed by  Macquarie  Capital and Techint valued at approximately over $330M.
Yemen still starved of food and fuel after month-long suspension of blockade
Yemen still starved of food and fuel after month-long suspension of blockade
1/18/2018 6:15:48 AM
Despite last month’s temporary lifting of the Saudi led-coalition blockade of Yemen’s northern ports, in the past three and a half weeks only 18 per cent of the country’s monthly fuel needs and just over half its monthly food needs have been imported through these ports, Oxfam said.  These ports provide most of the goods the country needs to import with 80 per cent of all …
Contract for improved recovery on Johan Sverdrup
Contract for improved recovery on Johan Sverdrup
1/17/2018 1:53:49 PM
Statoil awards a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field.  The seismic technology – a potential digital enabler for the field – will be a key contributor to delivering on Johan Sverdrup’s 70 percent recovery ambition.
Statoil awarded new production licences on the Norwegian Continental Shelf
Statoil awarded new production licences on the Norwegian Continental Shelf
1/17/2018 1:30:30 PM
“The NCS is the core of Statoil’s business, and we are pleased with the awards in the 2017 APA round. Licenses awarded through the APA-rounds give access to acreage that can provide important resources.
As freezing temperatures continue, Piedmont Natural Gas announces $100,000 donation to Share the Warmth
As freezing temperatures continue, Piedmont Natural Gas announces $100,000 donation to Share the Warmth
1/17/2018 1:23:17 PM
Piedmont Natural Gas today announced a $100,000 grant to its Share the Warmth program in an effort to help low-income households in North Carolina, South Carolina and Tennessee.
Deepwater Horizon claims facility approaches closure; BP to take $1.7 billion post-tax non-operating charge
Deepwater Horizon claims facility approaches closure; BP to take $1.7 billion post-tax non-operating charge
1/17/2018 1:20:03 PM
Charge covered within existing financial framework The Court Supervised Settlement Program (CSSP) established as part of the Deepwater Horizon (DWH) class action settlement is winding down. BP now expects to take a post-tax non-operating charge of around $1.7 billion in its fourth quarter 2017 results for the remaining Business Economic Loss (BEL) and other claims associated …
ADNOC to Expand Carbon Capture, Use & Storage Technology to Reduce Environmental Footprint and Enhance Oil Recovery
ADNOC to Expand Carbon Capture, Use & Storage Technology to Reduce Environmental Footprint and Enhance Oil Recovery
1/17/2018 1:18:31 PM
The Abu Dhabi National Oil Company (ADNOC) is planning to significantly expand its use of Carbon Capture, Use and Storage (CCUS) technology to meet a six-fold increase in the utilization of CO2, for Enhanced Oil Recovery (EOR), over the next 10 years.
GE’s On-Schedule Completion of Japan’s Largest Ever Gas Turbine Upgrade Project to Help TEPCO Save $71 Million Annually on Fuel Costs
GE’s On-Schedule Completion of Japan’s Largest Ever Gas Turbine Upgrade Project to Help TEPCO Save $71 Million Annually on Fuel Costs
1/16/2018 10:05:06 AM
–  GE’s Power Services business  (NYSE: GE) announced today that its largest ever flange-to-flange (F2F) replacement project in Japan was successfully completed on time at Block 7 and Block 8 of TEPCO Fuel & Power’s (TEPCO) Yokohama power plant in Japan, and is expected to save approximately $71 million in annual fuel costs.