Latest news
US Softens Stance On Countries Buying Iranian Oil
The United States will work with countries importing Iranian oil on a case by case basis to get as many of them as possible “down to zero” by early November, the U.S. State Department said on Thursday, clarifying comments from earlier this week that suggested there wouldn’t be any waivers for Iran’s oil buyers.
read more... 29/06/2018
McDermott, BHGE awarded contract for Myanmar gas field development project
Located in blocks A-1 and A-3 of the Bay of Bengal, Myanmar, the Shwe field development comprises the Shwe, Shwe Phyu and Mya offshore gas fields.
read more... 29/06/2018
Ford reaches its manufacturing emissions target eight years ahead of schedule
The US-based automotive manufacturing company, Ford, has announced it has reached it’s CO2 emissions target eight years in advance. The firm set the target to reduce greenhouse gas emissions produced through its manufacturing operations by 30% per vehicle produced in 2010.
read more... 29/06/2018
Daily (28.06.18): UK gas prices were strongly bullish on Wednesday due to high oil prices
Decreasing U.S. crude stocks, a supply outage at Syncrude in Canada and uncertainty over Lybian exports boosted oil prices on Wednesday. Brent crude jumped to almost a three-week peak, to settle 1.7% higher at $77.62 a barrel. Meanwhile, WTI crude rose by 3.1% to $72.76 a barrel, or a 3 ½ -year high.
read more... 28/06/2018
Siemens Gamesa Secures 471 Megawatt Brazilian Wind Turbine Order
Siemens Gamesa Renewable Energy announced on Wednesday that it would supply 136 wind turbines to Brazil’s Santa Luzia wind complex, which consists of 15 wind turbines with a capacity of 471 megawatts (MW).
read more... 28/06/2018