Energy Update
ABS, the provider of classification services to the offshore industry, is pursuing multiple major joint development projects (JDPs) with Keppel Offshore & Marine Technology Centre (KOMtech).
Wood Group has been awarded a contract to provide detailed engineering and design, and procurement services to South Atlantic, which is owned by Statoil and partner Sinoche, for the development of the Peregrino field wellhead platform C, offshore Brazil.
LOS ANGELES, June 27 (Reuters) - Solar panel maker SolarCity
Corp said on Monday it has formed a special committee
of just two directors to evaluate Tesla Motors Inc's
$2.8 billion takeover offer.
WASHINGTON, June 27 (Reuters) - The U.S. government has
extended through Aug. 30 a reprieve to ZTE Corp on
tough export restrictions imposed on the Chinese smartphone
maker in March for allegedly breaking sanctions against Iran,
the Commerce Department said on Monday.
MEXICO CITY, June 27 (Reuters) - A 5.7 magnitude earthquake
hit Mexico's southern state of Oaxaca on Monday, the U.S.
Geological Survey (USGS) said, shaking buildings as far away as
Mexico City, but officials reported there were no immediate
damages.
WASHINGTON, June 27 (Reuters) - President Barack Obama,
Canadian Prime Minister Justin Trudeau and Mexican President
Enrique Pena Nieto will this week agree that their three
countries will aim to produce 50 percent of their power from
clean energy sources by 2025, the White House said on Monday.
WASHINGTON, June 27 (Reuters) - The U.S. Securities and
Exchange Commission on Monday approved a rule requiring oil, gas
and mining companies to disclose payments made to foreign
governments, capping a process stalled in the courts for years.
WASHINGTON, June 27 (Reuters) - The U.S. government has
extended through Aug. 30 a reprieve to Chinese smartphone maker
ZTE Corp on the tough export restrictions it imposed
on the company in March, the Commerce Department said in a
public notice posted online Monday.
NEW YORK, June 27 (Reuters) - A New York energy investor
pleaded guilty on Monday to charges that he engaged in a
years-long scheme to avoid paying more than $45 million in
income and other taxes stemming in part from his sale of an oil
company.
WASHINGTON, June 27 (Reuters) - Volkswagen AG's
settlement with nearly 500,000 U.S. diesel owners and government
regulators over polluting vehicles is valued at more than $15
billion, a source briefed on the matter said on Monday.
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