Today's HeadlinesMost popular - News archive
Commercial Production Begins at Chevrona's New Premium Base Oil Plant
Chevron Corporation, announced that it has begun commercial production of premium base oils from a newly constructed manufacturing facility at the company’s Pascagoula refinery.
Base oils produced at Pascagoula will add to capacity from the company’s refinery in Richmond, California and a joint venture facility in Yeosu, Korea, approximately doubling Chevron’s production capacity and positioning it to be the world’s largest producer of premium base oil.
“...
Oil and Gas
- Jul 21, 2014
FMC Announces Agreement with Anadarko, BP, ConocoPhillips and Shell
FMC Technologies, announced today that it has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet the challenges of producing oil and gas from deepwater reservoirs with pressures of up to 20,000 psi and temperatures of 350°F at the mudline. FMC Technologies brings four operators...
Oil and Gas
- Jul 21, 2014
ReneSola Signs Framework Agreement with China Seven Star Holdings
ReneSola, a leading brand and technology provider of solar photovoltaic ("PV") products, today announced it has entered a framework agreement (the "Framework Agreement") with China Seven Star Holdings Limited ("China Seven Star"), a Hong Kong listed company, regarding a partnership in potential sales to China Seven Star of no less than 200 megawatts ("MW") of existing and new PV projects within 18 months. The parties subsequently signed a Memorandum of ...
Solar
- Jul 21, 2014
Siemens Installs Two Offshore Platforms for TenneT in The North Sea in July
Siemens has installed a fourth offshore platform in the North Sea, completing an important stage for grid connections of sea-based wind farms. This is the platform for the SylWin1 DC link, which is the most powerful of the four offshore wind power grid connections contracted to Siemens by the German-Dutch transmission grid operator TenneT between 2010 and 2011. Only a few days prior to this, Siemens installed the third platform at sea for the HelWin2 grid connection. In all, Siemens is implem...
Wind
- Jul 21, 2014
ABB, Volvo Reveal Tie-up on Fast-Recharge Electric Buses
Electric buses which can recharge their batteries fast when at bus stops are to be developed by Swiss-Swedish engineering group ABB and Volvo Buses of Sweden, ABB said on Monday.
The technology is targeted at electric buses and at buses with twin electric and conventional engines, which would be able to re-charge automatically at bus stops.
The first project for the technology is to provide 12 hybrid buses for the public transport system in Luxembourg by next year.
"The coope...
Clean Transport
- Jul 21, 2014
China's Xi in Venezuela Seeking Trade, Oil Deals
Chinese President Xi Jinping is set to meet the head of Venezuela's National Assembly Monday and sign agreements that will tie his energy-hungry country to the South American oil-rich state.
Xi's meeting with Diosdado Cabello comes on the last day of his two-day visit, and after he and President Nicolas Maduro agreed to increase ties between their countries to the level of "comprehensive strategic partnership".
Xi and Maduro also agreed to "intensify financial c...
General News
- Jul 21, 2014
Eni Signs Cooperation Agreement With Republic of Congo
The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, Matteo Renzi, today signed in Brazzaville a cooperation agreement which states Eni’s intention to pursue new initiatives in the Congolese coastal basin, which extends from onshore Mayombe to the deep-offshore.
The agreement was signed during the Italian Prime Minister’s official visit to ...
Oil and Gas
- Jul 20, 2014
Brazil Eyeing Japan's Help in Oil Project
Brazil plans to use Japanese technology in building a floating structure and ships for its huge offshore oil development project, media reports said Sunday.
Japanese Prime Minister Shinzo Abe and Brazilian President Dilma Rousseff will announce the use of Japanese technology in building a so-called "logistics hub" for the project when they meet in Brazil on August 1, according to a draft of their joint statement, Kyodo news agency said.
The massive floating structure under c...
Oil and Gas
- Jul 20, 2014
