Global energy industry remains buoyant
The most recent EIC Monitor which tracks new energy projects has found that though there has been significant investment in the sector, total investment is still down 6% since the same quarter last year.
Browse the latest gas processing news and articles.
The most recent EIC Monitor which tracks new energy projects has found that though there has been significant investment in the sector, total investment is still down 6% since the same quarter last year.
BP has taken a pre-tax charge of US$ 32.2 billion for the Gulf of Mexico oil spill, including the US$ 20 billion escrow compensation fund previously announced.
US gasoline deliveries for the first half of 2010 averaged 8.88 million bpd, 0.6% lower than the corresponding period a year ago, according to the American Petroleum Institute’s Monthly Statistical Report for June.
Murphy Oil will sell three oil refineries and focus on its upstream and retail businesses in the US.
Jacobs Engineering Group Inc. has received a contract from The Dow Chemical Company (Dow) to provide engineering and construction management services for the expansion of its facility in Fombio, Italy.
The environmental protection agency has criticised TransCanada Corp’s environmental report for its Keystone XL pipeline as inadequate, and called for more study and analysis to be carried out.
Power shortages in France could have a knock-on effect on the UK energy market due to cross channel ownership of UK power stations.
ConocoPhillips has announced the cancellation of plans to upgrade the Wilhelmshaven refinery in Germany.
GE has signed a 10 year licensing agreement for oil and gas compressors with Bharat Heavy Electricals Limited (BHEL) of India.
Elliott Group has won a contract to supply 16 compressor trains for the Habshan 5 process plant, a part of Abu Dhabi Gas Industries’ (GASCO) integrated gas development (IGD) project in Ruwais, Abu Dhabi, United Arab Emirates.
What challenges are facing the energy industry and how can they solve these problems?
A summary of recent downstream oil and gas news from Asia.