Energy Update
FMC Technologies and Technip alliance has received an integrated engineering, procurement, construction, and installation (EPCI) contract from Statoil for its Trestakk field in the Norwegian Sea.
WASHINGTON, Nov 4 (Reuters) - The global accord to combat
climate change agreed in Paris last year officially entered into
force Friday, putting pressure on nearly 200 countries to start
executing plans to slash their greenhouse gas emissions.
Nov 3 (Reuters) - Chesapeake Energy Corp said on
Thursday it received a request from the U.S. Securities and
Exchange Commission, seeking information on its accounting
methodology for the acquisition and classification of oil and
natural gas properties.
PARIS, Nov 3 (Reuters) - Italian utility Enel is well on
track to build 5,000 megawatts worth of renewables capacity in
Africa despite political unrest in North Africa and the lack of
electric power connections between countries, its chief
executive said on Thursday.
SAO PAULO, Nov 3 (Reuters) - A former Brazilian finance
minister and chief of staff for successive Workers Party (PT)
governments was ordered on Thursday to stand trial on corruption
and money laundering charges in an expanding graft probe around
state-run oil company Petrobras.
TORONTO, Nov 3 (Reuters) - Real Matters, a provider of real
estate industry data, has raised C$41 million ($30.62 million)
in an equity funding round and pushed its plan to go public to
the first quarter of 2017, according to two sources familiar
with the situation.
LIBREVILLE, Nov 3 (Reuters) - Gabonese officials detained 20
employees at the headquarters of the Echos du Nord opposition
newspaper on Thursday and took them away for questioning, staff
at the paper told Reuters.
PARIS, Nov 3 (Reuters) - The global renewable solar industry
is facing a new crisis due to over-capacity and low demand,
Patrick Pouyanne, Chief Executive of French oil and gas giant
Total said on Thursday.
The first in a wave of US Gulf Coast ethane cracker projects is slated to start up in the Q1 of 2017. Here is a roundup of other major cracker updates.
ABUJA, Nov 3 (Reuters) - Nigeria's Senate will nearly
complete work by year end on two major areas of long-delayed
legislation to tackle problems in managing the nation's oil
wealth, Senate President Bukola Saraki said on Thursday.
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