Energy Update
SYDNEY, Dec 22 (Reuters) - Australia approved on Tuesday a controversial expansion of the Abbot Point coal terminal, which environmentalists fear will damage the Great Barrier Reef but supporters say is needed to protect the sector from decline.
South Korea-based Samsung Group's plant engineering unit Samsung Engineering has been awarded a $550m contract to provide engineering, procurement, construction and commissioning services for the second phase of the Antonio M. Amor Refinery in Salamanca, Mexico.
Concurrent with Khouzestan Oil Industry Exhibition two contracts regarding procuring oil industry’s equipment and spare parts was signed between National Iranian South Oilfields Company and domestic suppliers.
In September 2014, the Department of Energy (DOE), along with the Departments of the Navy and Agriculture, announced a significant financial partnership to advance the construction of three biorefineries, infrastructure “capable of producing ‘drop-in’ fuels to meet the needs of the military and private sector.”
HOUSTON, Dec 21 (Reuters) - A United Steelworkers union (USW) safety official has been tapped to lead the 30,000 U.S.
Dave Ernsberger, Platts Global Head of Oil Content, looks at some of the most immediate and important impacts of the lifting of the US crude oil export ban on global oil markets.
RIO DE JANEIRO, Dec 21 (Reuters) - Brazilian mining company Vale SA said on Monday its mining operations were continuing as normal and it still had not been notified of a court ruling on Friday to block the transfer or sale of mining rights after a deadly dam burst last month.
BAKU, Dec 21 (Reuters) - Azeri central bank chief Elman Rustamov on Monday promised to support the banking sector after the country switched to a floating exchange rate for its manat currency.
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