Mitsubishi buys stake and offtakes ammonia in Texas from ExxonMobil
The Japanese trading house Mitsubishi announced on Friday that it had reached an agreement in principle to purchase a stake and take delivery of low-carbon ammonia produced by ExxonMobil at its hydrogen plant in Texas. As part of its decarbonisation campaign…
Planning Starts on Series of 10 Ammonia Fueled Bulk Carriers
WinGD and CMB.TECH announced plans to collaborate on a fleet of ammonia fuelled bulk carriers. The pair signed an agreement on the development of ammonia-fuelled two-stroke engines, aiming to install the ammonia dual-fuel X72DF engine on a series of ten x 210…
Seismic Software donated to Delft U of T
CGG GeoSoftware has donated its Jason and HampsonRussell seismic reservoir characterization software suites to Delft University of Technology (TU Delft) in the Netherlands. The donation of a full HampsonRussell suite and the renewal of an…
Chevron Expects LNG Supply Shortage by 2025
Chevron Corp said on Tuesday it expected supply shortage in the global liquefied natural gas (LNG) market by around 2025, echoing comments made last month by top LNG trader Royal Dutch Shell. Demand for natural gas, which burns cleaner than coal and oil…
GE Ships LM2500 Marine Gas Turbine for US Navy
GE's Marine Solutions division said it has shipped a LM2500 marine gas turbine propulsion module that will help power the U.S. Navy's 75th DDG Arleigh Burke-class destroyer Jack H. Lucas (DDG 125). Shipbuilder Huntington Ingalls Industries'…
LNG Over-Supply Narrative Still Valid?: Russell
Liquefied natural gas (LNG) is supposed to be a deeply over-supplied market, but it doesn't appear to be behaving as such in the major consuming region of Asia with strongly rising prices amid robust demand growth. In fact LNG currently looks much more like an under-supplied market…
Solar PV Grew Faster Than Any Other Fuel in 2016
New solar PV capacity grew by 50% last year, with China accounting for almost half of the global expansion, according to the International Energy Agency's latest renewables market analysis and forecast. For the first time, solar PV additions rose faster than any other fuel…
PBES Norway AS Announces Historic Cycle Life Milestone
PBES Norway AS today announced the achievement of an historic milestone of greater than 15,000 discharge cycles in their high power energy storage system. With this improvement in cycle life, the PBES system delivers the industry benchmark for available performance, safety and value.
Corvus Delivers for Hybrid Port Equipment
Corvus Energy will provide newly-designed lithium-ion energy storage systems (ESS) for a hybrid rubber-tired gantry crane (RTG) designed by CCCC Shanghai Equipment Engineering (CCCCSEE). The new ESS solution from Corvus is a smaller, ultra high power…
CMR Group Makes Two Senior Appointments
CMR Group, the control instrumentation and electrical engineering specialist, has announced two senior appointments as it continues to develop and expand its global operations. Jean-François Michel has joined as vice-president in charge of production…
RSC Bio Solutions Expands Series of Biodegradable Lithium Complex Greases
RSC Bio Solutions exanded its EnviroLogic 800 series of biodegradable greases. The EnviroLogic 800 series are VGP compliant, biodegradable Lithium Complex greases designed to operate in severe outdoor environments and withstand corrosion.
Top Deck Rejig at Yara
Yara International ASA announces organizational and management changes, to improve strategic focus and execution. "After spending recent months visiting numerous Yara sites, meeting employees and conducting business and organizational reviews…
ZF Acquires Bosch Rexroth Industrial Gears Arm
Following the go-ahead from antitrust authorities, on December 1, 2015 ZF has officially taken over the industrial gears and wind turbine gearbox business from Bosch Rexroth AG. With this, some 1,200 employees altogether at the Witten, Beijing…
ABB on Power Drive in Germany
ABB increases stake in STRIEBEL & JOHN GmbH & Co. KG to 100 percent from 51 percent. ABB will combine the STRIEBEL & JOHN product range with its own range in the field of low-voltage products to offer complete systems from a single source in Germany.
Gazprom, Gasunie Sign Framework Agreement - LNG
At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework Agreement on cooperation in the area of small scale LNG was signed by the two parties.
Rolls-Royce to Sell Michell Bearing Business
Rolls-Royce has today confirmed its intention to sell its Michell Bearings business to British Engines Limited for a cash consideration of £12.6m. Subject to licence consents, the sale will be completed in the autumn. Michell Bearings has…
SignalFire Open Architecture Remote Sensing System™ Interfaces
Tank level monitoring is a common wireless application used in upstream pumping, oil and gas, wastewater, agriculture and other industrial applications to eliminate run-outs and overflows while optimizing and ensuring the integrity of operations.
Freudenberg Opens New Facility in Wales
Freudenberg Oil & Gas Technologies hosted a Grand Opening ceremony Thursday, September 18, at its new facility in Port Talbot, Wales. The new facility was opened by Edwina Hart, Minister of Economy, Science and Transport, and Dr. Mohsen Sohi…
Siemens Buying Dresser-Rand, Shale Boom Beckons
Bids $83 per share in agreed deal, biggest in its history. Sells stake in household appliance JV for 3 bln euros; Sulzer withdraws from contest. Germany's Siemens has agreed to buy U.S. oilfield equipment maker Dresser-Rand for $7.6 billion in cash…
