Energy

First LNG Shipment from Donggi Senoro in Indonesia

 Indonesia’s $2.8 billion Donggi-Senoro LNG project has shipped its first cargo of the chilled gas on August 2, Mitsubishi Corp, which holds about 45 percent of the project, stated.

Areva to Explore Bringing in Chinese Investors

  Areva will seek partnerships with Chinese energy companies that could see them take stakes in the French nuclear reactor maker in an upcoming multi-billion euro capital increase,

Iran Sees Oil Output up 1 mln bpd

  Iran expects to raise oil output by 500,000 barrels per day (bpd) as soon as sanctions are lifted and by a million bpd within months, Oil Minister Bijan Zanganeh

Oil's Drop May Weigh on Gulf Markets

  Gulf stock markets may come under pressure on Sunday after oil prices and global equities fell. Saudi Arabia's Mobily, whose shares are still suspended, may

New Mexico Nuclear Waste Site Opening Delayed

  The planned March 2016 reopening of an underground nuclear waste dump in New Mexico has been pushed back indefinitely because of unanticipated challenges, U.

Exxon Resumes Production in Indonesia's Cepu

  Exxon Mobil said will resume production activities in Cepu oil block on Sunday after a workers' incident a day earlier forced the company to halt production of as much as 55,000 barrels per day.

Iran: EU Starts Implementing the JCPOA

  The Council adopted the first legal acts implementing the Joint Comprehensive Plan of Action (JCPOA), the agreement reached on 14 July 2015 in Vienna on the Iranian nuclear issue.

UK's SFO Launches Investigation into Soma Oil & Gas

  Britain's Serious Fraud Office (SFO) has launched a criminal investigation into British exploration firm Soma Oil and Gas, which has been searching for oil in conflict-ridden Somalia.

Eletrobras to Cut Investments by 17.3%

  Brazil's state-run power company Centrais Eletricas Brasileiras SA said on Friday it plans to invest 50.3 billion reais from 2015 to 2019, a 17.3 percent reduction

Brazil: Leniency Deal with Builder in Corruption Probes

  Brazil's antitrust regulator CADE and federal prosecutors signed a leniency deal on Friday with engineering company Camargo Correa aimed at obtaining evidence

Mexican Crude Oil Output Up in June

  Mexican crude oil output in June rose nearly 1 percent from the previous month, while June crude exports slid 6 percent, national oil company Pemex said on Friday.

IEnova to Buy Pemex Stake in Pipeline JV

  Mexican energy infrastructure firm IEnova, a unit of U.S.-based Sempra Energy , said on Friday it will buy out the 50 percent stake in the pipeline company Gasoductos

Fugro Wins BG Honduras Contract

  Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder survey and seabed coring campaign

Exxon Profit Falls by half to $4.2 Bln

  Exxon Mobil Corporation today announced estimated second quarter 2015 earnings of $4.2 billion, or $1 per diluted share, compared with $8.8 billion a year earlier.

Optimized Tug-Barge System Designs by Robert Allan

Optimized Tug-Barge System Designs by Robert Allan Ltd. by David R. Connand Robert G. Allan, P.Eng. Some veteran Mississippi pushboats and barges have been

Ecuador Inks Supply Deal with Thailand

Ecuador's state oil company Petroecuador has signed a crude oil supply agreement with a division of Thailand's state-run PTT under which the Andean country will receive a $2.

U.S. Nuclear Operators Look to Save Plants

The U.S. nuclear industry has made a last-minute push to urge the Obama administration to protect the country's 100 nuclear units in its forthcoming carbon rule

Tumbling Prices Slam Profit at Exxon Mobil, Chevron

Weak oil prices shriveled quarterly profit at Exxon Mobil Corp and Chevron Corp on Friday, compelling both companies to rethink operations and plan for what many

U.S. Drillers Add Rigs Despite Crude Collapse

U.S. energy firms added 5 oil rigs this week after putting 21 rigs into service last week, the most in over a year, despite a collapse in U.S. crude prices from recent highs in June,

West Africa's August Crude Exports to Asia to Slip

West African crude oil exports to Asia were expected to fall to 1.84 million barrels per day (bpd) in August, Reuters data and a survey of traders showed.     Slower

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