Energy Update
How do you design outdoor piping to account for changing elevation, uneven terrain, seismic and thermal movement, and the reroutes required of a drilling fluid system? This was the challenge faced by engineers and contractors for Indonesia's largest geothermal power plant, Wayang Windu. The pipe-joining method would need to offer flexibility and superior maintainability, and project personnel sought a method that would not be susceptible to inclement weather or pose undue safety hazards.
* Shares trade at 37 times earnings vs.
LONDON, May 8 (Reuters) - Underground disposal of waste water produced from oil and natural gas wells has been blamed for triggering thousands of small earthquakes in Oklahoma and a number of other U.S. states since 2009.
MOSCOW, May 8 (Reuters) - Russia and China signed a $25 billion deal to boost Chinese lending to Russian firms and a host of other accords deepening economic cooperation on Friday as Moscow's ties with the West fray over the Ukraine crisis.
MOSCOW, May 8 (Reuters) - Gennady Timchenko, the co-owner of Russia's second largest gas producer Novatek, said on Friday China National Petroleum Corp (CNPC) was not planning to increase its stake in the Yamal LNG project.
Of all the good news Tesla Motors Inc. showered on investors Wednesday, progress at the battery factory it’s building in Sparks, Nevada, may have been the most important, since its output will power the company’s autos and its new line of stationary storage products.
As the last few Thai sugar mills shut down for 2014/15, Platts editors look forward to sugar remelt, planting of the next crop, and the markets first expectations for 2015/16.
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