Daily Archives: November 11, 2015

Wison Engineering recognized as Technology Innovation Company in Chemical Industry

Rate this article Article Abstract: Wison Engineering Services Co. Ltd. announced that its indirect non-wholly owned subsidiary, Wison Engineering Ltd., has been awarded Chemical Industry Technology Innovation Demonstration Company in China. Tags: Wison Engineering Services Co. Ltd. from Scandinavian Oil-Gas Magazine – Full Feed Click Here To Read Full Article Visit Scandinavian Oil-Gas Magazine –…

Statoil increases environmental commitment on the NCS

Rate this article Article Abstract: Since 2008, Statoil has had the aim of reducing CO2 emissions on the Norwegian continental shelf (NCS) by up to 800 000 tonnes by 2020. The company is already close to achieving this goal, four years ahead of time, and therefore increases the target by 50% to 1.2 million tonnes….

LNG Glut Set To Worsen Considerably Over Next 3 Years

Rate this article Article Abstract: LNG supplies are set to boom over the next 3 years. The IEA’s 2015 World Energy Outlook expects LNG export capacity to grow rapidly in the short-term, with major new sources of supply coming mostly from Australia and the United States. Indeed, this first wave of new LNG capacity is…

How To Play A Potential Collapse In The HAL/BHI Merger

Rate this article Article Abstract: The Baker Hughes/Halliburton merger saga continues to drag on. Jefferies recently downgraded the probability of the deal being completed from 85 percent to 67 percent, indicating concern over the antitrust review being run by the U.S. government. Haliburton will have to sell roughly $7.5 billion in assets to get regulatory…

Will Floating Wind Farms Be A Panacea For UK’s Energy Quagmire?

Rate this article Article Abstract: The United Kingdom is an energy-hungry island that is currently perched on the horns of a dilemma because its needs for electricity are outstripping its supply.With a population of over 64 million including England, Scotland, Northern Ireland and Wales, and a number of heavy industries requiring ample power, the UK…

2-Mile Long Stretch Of Iraqi Oil Tankers Bound For U.S. Shores

Rate this article Article Abstract: After some initial excitement, November has seen crude oil prices collapse back towards cycle lows amid demand doubts (e.g. slumping China oil imports, overflowing Chinese oil capacity, plunging China Industrial Production) and supply concerns (e.g. inventories soaring). However, an even bigger problem looms that few are talking about. As Iraq…

Oil Majors Don’t Share OPEC’s Optimism On Oil Prices In 2016

Rate this article Article Abstract: OPEC’s meeting in Vienna is less than a month away, and oil producers – countries and companies alike – have been raising their concerns at an energy conference in the United Arab Emirates over the cartel’s strategy to keep prices low.The issue arose on Monday when Mohammed bin Hamad al-Rumhy,…