Image - Germanys Rwe to Supply Gas to Crisis-hit Ukraine

Germany's Rwe to Supply Gas to Crisis-hit Ukraine

RWE, Germany's second-biggest power supplier, said on Tuesday it will start gas deliveries to Ukraine as Russia threatens to cut off supplies to Kiev. "RWE -- via its trading subsidiary RWE Supply & Trading -- is the first European supplier to commence gas deliveries to the Ukraine in 2014," the German group said in a statement. The deliveries are part of an existing five-year framework agreement -- signed in May 2012...

Oil and Gas - Apr 15, 2014


Image - Technip Heerema Alliance Wins Major Kaombo Subsea Contract Offshore Angola

Technip Heerema Alliance Wins Major Kaombo Subsea Contract Offshore Angola

The consortium, comprising Technip and Heerema Marine Contractors (Heerema), was awarded a major lump-sum contract by Total E&P Angola for the engineering, procurement, construction, installation (EPCI) and pre-commissioning for the SURF (subsea umbilicals, risers and flowlines) part of the Kaombo project, located in Block 32 offshore Angola in water depths up to 2,000 meters. The contract is valued at approximately USD 3.5 billion with a ...

Oil and Gas - Apr 16, 2014


Image - Universal Bioenergys Energy Completes $2.7 Mn Monthly Gas Transaction

Universal Bioenergy's Energy Completes $2.7 Mn Monthly Gas Transaction

Universal Bioenergy, a publicly traded independent diversified energy company that markets and distributes natural gas, propane, petroleum and coal, announced that its subsidiary, NDR Energy Group, has just completed one of the earliest monthly natural gas transactions in company history. The April transaction was for the sale of natural gas to one of NDR's core customers and one of the largest utilities in the US. The transaction...

Oil and Gas - Exploration, General News, Utilities - Apr 15, 2014