Wave of New LNG Export Plants Threatens to Knock Gas Prices
A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock…
Statoil, Partners to Boost Capacity at Troll Field
Aker Solutions awarded contract to boost output capacity; Troll is Norway's largest gas field. Norway's Statoil and partners are working to increase the output capacity of Troll, the country's largest gas field…
New EU Rules Aim to Make Power Cheaper
Utilities in the European Union may have to offer more flexible prices from 2020 to encourage consumers to use more electricity when supplies are abundant and cheap, according to proposed new rules, a top EU official said.
Bunker Holding Buys LQM
Bunker Holding Group (Bunker Holding), a global leader in the purchase, sale and supply of marine fuel with 54 offices in 27 countries, announced today the acquisition of LQM Petroleum Services Inc. (LQM).
Red Tape, Industrial Relations Could Stifle LNG Potential
Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture. But if industry is to reach its potential and maximise its contribution to the national economy…
Hofste, Montijn Nominated to Supervisory Board Fugro
Fugro N.V. announces that the Supervisory Board of Fugro nominates Mrs. P.H.M. Hofsté and Mrs. A.H. Montijn for appointment as members of the Supervisory Board at the Annual General Meeting…
New Nylon Pipe, Alternative for Oil Industry
A unit of Koch Industries said on Wednesday it was introducing a new type of pipe made from nylon, as surging oil and gas output drives demand for new pipelines and concerns mount about…
China State Grid Quietly Builds Mediterranean Power Network
The European Commission has long wanted the continent's power grids to work in unison for reasons of efficiency and supply security, so far to little avail, but a regional power network could soon be a reality…
Britain Sets Out Shale Rules with New Oil & Gas Round
Licenses first step in exploration process; Additional guidance issued on natural beauty spots. Accenture: Shale development still 5-10 years away. The British government took steps to…
Kemp: Pentagon Not Managing Fuel Market Fluctuations
The U.S. Department of Defense has been using the wrong oil price in its budget, leaving the largest single buyer of fuel in the world with liabilities potentially hitting billions of dollars.
Pentagon Uses Wrong Oil Price, Fails to Hedge Fuel Bill
The U.S. Department of Defense has been using the wrong oil price in its budget, leaving the largest single buyer of fuel in the world with liabilities potentially hitting billions of dollars.
Houston May Outgrow its Skilled Labor Supply
Bustling Houston, one of the bright spots in the U.S. economy, is growing so fast that business leaders fear running out of skilled labor as billions are spent building new energy infrastructure on the Gulf Coast.
US Top Court Rejects Accenture Trade Secrets Appeal
The U.S. Supreme Court on Monday left in place a $44 million damages award that Wellogix Inc won against Accenture Plc over alleged trade secrets theft. The high court declined to hear Accenture's appeal of the 5th U.S.
