Energy Update
Amec Foster Wheeler has received contract from PT Pertamina (Persero) and Saudi Aramco for upgrade and expansion of the 348,000 barrels per day Cilacap refinery in Central Java.
Stork, a Fluor company, was awarded a two-year fabric maintenance and asset support services contract by Repsol Sinopec Resources UK across six of their North Sea assets.
CLEVELAND/WASHINGTON, July 20 (Reuters) - Republican
presidential candidate Donald Trump has called climate change a
hoax and has vowed not to let regulation stand in the way of
expanded U.S. oil drilling if elected. But a group of his
supporters at the Republican National Convention in Cleveland
this week are lobbying him to soften that stance.
SYDNEY, July 20 (Reuters) - Ken Brinsden rode Australia's
iron ore boom up and then down as head of Atlas Iron.
Now he is chasing a new treasure, one fuelled by a metal
powerful enough to propel electric cars to speeds of 250 km (150
miles) per hour: lithium
TORONTO, July 20 (Reuters) - Canada's main stock index rose
to an 11-month high, then retraced gains to end barely higher on
Wednesday, with gains for railways and banks offset by sharp
losses among gold miners.
SAO PAULO, July 20 (Reuters) - Large private and foreign
groups will displace Brazil's state-led power companies in
upcoming energy auctions, causing consumer electricity bills to
rise as the BNDES development bank cuts long-standing loan
subsidies for the domestic industry.
OSLO, July 20 (Reuters) - Norway's competition watchdog will
look into whether competition rules are being infringed in its
oil industry, the industry ministry said on Wednesday.
July 20 (Reuters) - Tesla Motors Inc Chief
Executive Elon Musk said Wednesday he will roll out a new master
plan for the electric luxury car maker this evening, after hints
he intends to make Tesla a renewable energy enterprise offering
products and services beyond vehicles.
RIO DE JANEIRO, July 20 (Reuters) - A Brazilian state law to
ban upstream tailings dams, the design used at a dam that
collapsed at the Samarco iron ore mine in November, could be
approved this year, an environmental official for the state of
Minas Gerais told Reuters on Wednesday.
On July 18, Empresa Publica de Producao de Electricidade (PRODEL) Project Manager, Celso Pontes, announced phase one at the 40-MW Matala hydroelectric project is complete and the detailed design of the second phase is now being prepared.
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