Energy Update
SINGAPORE, Aug 25 (Reuters) - The global economy is not at a risk of a recession in spite of recent concerns over China's economy and weakness in commodity prices, Goldman Sachs said, although it lowered its short-term outlook for global stock markets.
SINGAPORE, Aug 25 (Reuters) - Crude oil markets edged up but remained near 6-1/2-year lows on Tuesday, following a session that saw prices fall as much as 6 percent after a Chinese equities rout sent global markets into a tailspin.
Dakota Gasification Company (Dakota Gas) has selecte Aecom (ACM) to provide construction services at the company’s Great Plains Synfuels plant in Beulah, North Dakota, US.
The Indian Government has sold 10% of its stake in the state-owned Indian Oil (IOC) for Rs93.79bn ($1.4bn).
Porvair Filtration Group has developed and develired sintered metal powder Triple Element Filters (TEFs) for PetroSA’s first gas-to-liquid (GTL) refinery in Mossel Bay, South Africa.
TORONTO/VANCOUVER/SYDNEY, Aug 23 (Reuters) - Many of the world's junior miners are laying down their picks and shovels to start new ventures ranging from egg exporting to medical marijuana farming, as they as try to survive a crash in metals prices by shifting away from exploration.
Siemens Financial Services GmbH and Mainstream Renewable Power Ltd. sold an offshore wind development area to Dong Energy A/S that has the potential to provide as much as 4 percent of the U.K.’s electricity demand.
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