Russian Economy Minister is under arrest for Bashneft-Rosneft transaction
Alexey Ulyukayev is reportedly under the investigation for having received $2 million that led to a positive conclusion, allowing Rosneft oil company to buy …
News
The Bulgaria-Romania two-way pipeline is now operating
Bulgaria and Romania opened a new natural gas pipeline on Nov. 11 as part of Sofia, Bulgaria’s efforts to reduce dependence on Russian gas, according to …
Technip awarded important contracts in Asia and USA
The beginning of November brought two important contracts for Technip in Asia and USA. The first one has been awarded by SOCAR a contract for Engineering …
Uzbekistan is planning to bring hydropower energy up to 119MW in four years
The government of Uzbekistan will soon begin working to upgrade the production and efficiency of various hydropower plants, according to reports from the …
Gazprom has been allowed to use more than original 50% of Opal pipeline
The EU lifted a cap on Gazprom’s use of the Opal Pipeline in Germany, which takes gas from its Nord Stream Baltic Sea pipeline to end-users in Germany …
Eni and Anadarko close to FID on LNG projects in Mozambique
Italy’s Eni should make a final investment decision on its first offshore deepwater LNG project in Mozambique by the end of this year, Energy Minister …
One step ahead for Belo Monte hydropower facility
After a temporary stop some months ago, the third unit at the soon-to-be largest Brazilian hydropower facility Belo Monte hydropower facility, with a capacity …
Wood Group got a well pad order by Suncor Energy in Canada
Wood Group received the first project work authorization under a recently signed multiuse agreement with Suncor Energy, for work to be completed at its Firebag …
Italian-Russian Saras will clear its debt towards Iran within 2017
Italian oil refiner Saras has paid 160 million euros ($177 million) of the debt it owes Iran for crude oil bought before sanctions were imposed and its chief …
Ineos acquired polyethylene pipe producer WLP in USA
Ineos has today announced it has acquired 100% of the shares of WLP Holding Corp., one of the largest high density polyethylene (HDPE) pipe manufacturers in …