Energy Update
Engineering and construction services company Kvaerner has awarded a contract to ABB to suply a static var compensator (SVC) for the Nyhamna gas processing facility located in Norway.
If at first you don’t produce, frac, frac again.
(Mon, 27 Jul 2015) Natural gas stored in salt facilities, principally in the greater Gulf Coast gas-producing region, accounts for only 10% of storage capacity in the Lower 48 states, but it provides 28% of daily deliverability.
ANCHORAGE, July 27 (Reuters) - When it comes to influencing politics, few billionaires are more effective than the industrialist brothers Charles and David Koch. Americans for Prosperity (AFP), the nonprofit organization they founded and continue to support, achieved a 95 percent success rate in the 2014 election races where it spent money. But in Alaska, a state that could be pivotal in the 2016 elections, the group's reception has been surprisingly chilly.
AMES, Iowa, July 26 (Reuters) - Democratic presidential candidate Hillary Clinton called on Sunday for a dramatic national shift to energy sources such as solar and wind, setting a goal of generating enough clean renewable energy to power every U.S. home within a decade after she takes office.
SHANGHAI, July 27 (Reuters) - A maritime court in the coastal city of Qingdao has said it will hear a landmark case brought by a nonprofit organisation against U.S.
Mexican state oil and gas company Petróleos Mexicanos (Pemex) has signed an agreement with JX Nippon Oil & Energy to ship six million barrels of light crude to the latter's refinery in Japan.
Petrochemicals manufacturer Saudi Basic Industries (Sabic) plans to invest in shale gas projects in the US through joint ventures.
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