Energy Update
Fortum last week said it has installed a lithium-ion battery storage system in conjunction with its biomass plant in Jarvenpaa, Finland.
At the Crude Oil Quality Association meeting in New Orleans, an overflowing room of oil industry participants had plenty of questions for US Department of Energy economist Kenneth Vincent.
(Fri, 10 Mar 2017) The method for assessing the Brent global benchmark crude oil price is scheduled to change in 2018. The Brent price benchmark reflects transactions involving physical cargoes of several specific grades of crude oil in the North Sea, located between the United Kingdom and Norway.
Amec Foster Wheeler has been awarded a major contract by Brunei Shell Petroleum (BSP) for the rejuvenation of assets in Brunei.
Amec Foster Wheeler announced the award of a contract by Petrochemical Industries Company (PIC), a subsidiary of the Kuwait Petroleum Company (KPC), for the integration project between its Olefins III, Aromatics II and ZOR Refinery in the State of Kuwait.
UMW Oil & Gas (UMW-OG) announce that UMW Offshore Drilling (UOD), a wholly-owned subsidiary of UMW Malaysian Ventures (UMV), which in turn is a wholly-owned subsidiary of UMW-OG has received a Letter of Award from Vestigo Petroleum (Vestigo) for a contract for the provision of a Jack-Up Drilling Rig for Vestigo.
SIMMONS EDECO, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has entered into a framework agreement with EDF Energy to maintain its Gas Storage facilities in Cheshire, England.
With the Donald Trump presidency reaching its 50th day at the weekend, we take a look at the impact the current administration is having on gold prices.
NEAT refers to our recently launched North East Asia Thermal (NEAT) coal index. Since its inception in early January, the daily index has tracked the value of thermal coal cargoes arriving into the markets of Japan, Korea and Taiwan.
U.S.-based Rye Development and GridAmerica have acquired the Swan Lake North pumped-storage hydroelectric plant from EDF Renewable Energy.
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