Russia's Oil Output Steady
Monthly oil output in Russia, the world's biggest producer, was flat in October, according to energy ministry data published on Sunday. Russia pumped an average…
Denmark Plans to Phase Out Coal by 2025
Denmark should ban coal use by 2025 to make the Nordic nation a leader in fighting global warming, adding to green measures ranging from wind energy to bicycle power…
Venezuela, Ecuador to Defend Oil Prices
Venezuela and Ecuador are working on a joint proposal to defend oil prices that the two countries will present at the next OPEC meeting, Venezuelan President Nicolas Maduro said on Friday.
Egypt Signs $350 mln in Oil, Power Financing Deals with Saudi
Egypt signed $350 million worth of financing agreements with Saudi Arabia on Saturday aimed at upgrading its power grid and securing imports of petroleum products…
French Nuclear Plants in New Mystery Drone Overflights
Unidentified drones illegally overflew five French nuclear power plants overnight, a source with knowledge of the matter said on Saturday, in the latest of a series…
Bangladesh Power Cut Plunges Millions into Darkness
Bangladesh was hit on Saturday by a major power outage that brought much of normal life to a standstill, forced hospitals and garment factories to rely on back-up…
Temporary Suspension of 2nd Southbound Convoy
Effective from today, the entry of the second southbound convoy into the Suez Canal has been suspended until completion of cleansing and dredging work in the new Canal area.
LNGL Extends Gladstone Lease
* LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company (Tri-Star). Liquefied Natural Gas Limited yesterday announced that its 100% owned subsidiary…
General Dynamics Lands $84 Million Naval Award
The U. S. Navy has awarded General Dynamics Electric Boat a $83.8 million contract modification to continue development of the Common Missile Compartment for the…
EMGS Receives LoI for BOA Thalassa
Electromagnetic Geoservices ASA (EMGS) has received a letter of intent worth USD 7.0 million from an oil company for 3D EM data acquisition in Thailand and Myanmar.
BG Group Selects Rolls-Royce Trent 60 DLE
Rolls-Royce is proud to announce that BG Group has selected the Trent 60 DLE industrial gas turbine as the driver for the main refrigeration compressors in the proposed…