Venezuelans brace for slump in oil prices

The falling oil prices that are providing relief to drivers around the world threaten to bring more misery to the life of Milagro Alvarez and millions of other Venezuelans, whose country depends almost exclusively on oil revenue.

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Coal-rich Poland ready to block EU climate deal

European Union leaders meeting in Brussels to set their new greenhouse gas emissions plan are facing staunch opposition from coal-reliant Poland and other East European countries who say their economies would suffer from the new target.

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Nuclear News: Report on Hanford whistleblower inconclusive

The U.S. Department of Energy's inspector general on Monday said it could not determine if a whistleblower on the Hanford Nuclear Reservation was fired for raising safety concerns because two contractors failed to provide all the documents needed in the investigation.

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Millennials – The next generation of oil and gas talent

Good oil and gas talent is in short supply. Combine the so-called “Big Shift Change” with the reduced number of students applying for and completing STEM courses in college, and there is a serious concern about where the next generation of industry talent will come from.

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IHS: ISIL oil production worth estimated $800 million per year

Current oil production by the Islamic State in the Levant (ISIL) is estimated to be worth $800 million per year, equivalent to more than $2 million per day, according to new estimates by IHS, the leading global source of information and analytics.

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Total CEO dead in runway crash; plow driver drunk

Christophe de Margerie, the charismatic CEO of Total SA who dedicated his career to the multinationaloil company, was killed at a Moscow airport when his private jet collided with a snowplow whose driver was drunk, Russian investigators said Tuesday.

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Latest Energy News - Oil & Gas

Energy Transfer Partners announce binding agreements for Rover gas pipeline

Oct 31, 2014 The approximately pipeline will deliver natural gas from Northwest West Virginia, Western Pen...

Lithuania announces completion of first LNG terminal

Oct 31, 2014 In late October, Lithuania announced the completion of its first liquefied natural gas termin...

Shell appoints Holliday as new Chairman

Oct 30, 2014 The Board of Directors of Royal Dutch Shell announced the appointment of Charles O. Holliday ...

Latest Energy News - Power

PowerSecure has been awarded approximately $15 million in new distributed generation and utility infrastructure business

PowerSecure adds $15MM in new business

Oct 31, 2014 PowerSecure has been awarded approximately $15 million in new distributed generation and util...
Japanese utilities say they can't accommodate the flood of newcomers to the green energy business, casting doubt on the future of Japan's aggressive post-Fukushima renewable energy strategy

Post Fukushima, Japan gets green boom and glut

Oct 30, 2014 Japanese utilities say they can't accommodate the flood of newcomers to the green energy busi...

Technical Conference highlights shared in upcoming webinar

Oct 30, 2014

Highlights of the 2014 Triconex Technical Conference will be held November 6th.

Weekly Newscast

 

 

Offshore Technology Conference 2014 News

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PennEnergy brings you the latest news and announcements for The Offshore Technology Conference 2014 from across the industry. Click here for coverage before, during and after OTC – a premier gathering for energy professionals offering peer-selected technical programs and the latest innovations in products and services.

Energy Efficiency

ExxonMobil’s Equipment Builder Group 100 Years

ExxonMobil’s Equipment Builder Group Celebrates 100 Years of Innovation

ExxonMobil’s Equipment Builder Group plays a key role in helping optimise the performance of gas-powered machinery.  Click here to read the full article >>

Webcasts

Managing Enterprise Pipeline Operations in the Control Room and Beyond.

Today’s enterprise oil & gas pipelines are continuously looking for ways to efficiently manage their operations within an ever changing environ...
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Digital Oilfield Solutions The Internet of Your Things

The Industrial Internet of Things is not a futuristic technology trend: it’s here today, and it starts with your things. You don’t need to rip and ...
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Whitepapers

Energize Your Most Vital Business Relationships: Advanced Contract Lifecycle Management in the Oil and Gas Sector

In today’s more dynamic and globalized energy marketplace, formal contracts define nearly every business relationship and ...

Improve Accuracy and Reduce your Lease Operating Expense and Risk in Upstream Oil & Gas Production

In this whitepaper, we will address both the technical approach to achieving the highest possible accuracy in allocation m...

Infographic: Smart Process Applications for a Mobile Workforce

In partnership with PennEnergy Research, OpenText surveyed energy companies in the oil and gas, power and services sectors...

Survey Report: Smart Process Applications for a Mobile Workforce

In partnership with PennEnergy Research, OpenText surveyed energy companies in the oil and gas, power and services sectors...

Oil & Gas Wire News

CyberFuels, Inc. "Singular 96(TM)" Certified by California Independent Laboratory for Measures of MPG, Performance, and Environmental Impact

Oct 31, 2014 CyberFuels, Inc. "Singular 96(TM)" Certified by California Independent Laboratory for Measure...

Miller Energy Declares Cash Dividends on Its Series C and Series D Preferred Stock and Holds Annual Shareholder Meeting

Oct 31, 2014 Miller Energy Declares Cash Dividends on Its Series C and Series D Preferred Stock and Holds ...

Quantum Energy Announces New Officer and Director

Oct 31, 2014 Quantum Energy Announces New Officer and Director

Vantage Drilling Company Reports Third Quarter 2014 Results

Oct 31, 2014 Vantage Drilling Company Reports Third Quarter 2014 Results

Power Wire News

CyberFuels, Inc. "Singular 96(TM)" Certified by California Independent Laboratory for Measures of MPG, Performance, and Environmental Impact

Oct 31, 2014 CyberFuels, Inc. "Singular 96(TM)" Certified by California Independent Laboratory for Measure...

Midwest Energy Emissions Corp. Announces 2014 Annual Meeting of Shareholders, and Business Update Meeting

Oct 31, 2014 Midwest Energy Emissions Corp. Announces 2014 Annual Meeting of Shareholders, and Business Up...

Miller Energy Declares Cash Dividends on Its Series C and Series D Preferred Stock and Holds Annual Shareholder Meeting

Oct 31, 2014 Miller Energy Declares Cash Dividends on Its Series C and Series D Preferred Stock and Holds ...

Top Industrial Market News Stories for the Last Week of October 2014, an Industrial Info News Alert

Oct 31, 2014 Top Industrial Market News Stories for the Last Week of October 2014, an Industrial Info News...
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Oil Refining & Processing News

Superior Crude to pay $1.6M oil spill penalty

Federal regulators say Superior Crude Gathering Inc. has agreed to pay a...

Technip and Fluor awarded EP&CM contract for Sasol’s Louisiana chemical

Technip was awarded an EP&CM contract by Sasol for its world scale e...

Technip and Fluor awarded oil refinery project in Malaysia

The Fluor and Technip joint venture will be responsible for the utilitie...

Total acts swiftly to replace CEO killed in crash

French oil giant Total SA has named Patrick Pouyanne as chief executive ...

Oil & Gas Pipelines and Transportation News

Energy Transfer Partners announce binding agreements for Rover gas pipeline

The approximately pipeline will deliver natural gas from Northwest West ...

Lithuania announces completion of first LNG terminal

In late October, Lithuania announced the completion of its first liquefi...

Statoil profits hit by lower oil and gas prices

Statoil says impairment charges and lower oil and gas prices pushed it i...

Azerbaijan oil production output to drop next year

The Azerbaijan government estimates oil production may decrease in 2015,...

Nuclear Power Generation

Japanese utilities say they can't accommodate the flood of newcomers to the green energy business, casting doubt on the future of Japan's aggressive post-Fukushima renewable energy strategy

Post Fukushima, Japan gets green boom and glut

Japanese utilities say they can't accommodate the flood of newcomers to ...

Technical Conference highlights shared in upcoming webinar

Highlights of the 2014 Triconex Technical Conference will be held Novemb...
The University of Cambridge is playing a key role in an international project to develop a radical new type of nuclear power station

Cambridge explores potential of radical new nuclear reactor design

The University of Cambridge is playing a key role in an international pr...
GE Hitachi has been awarded nearly $300 million in nuclear outage services and fuel contracts by Exelon Generation (Pictured: Exelon’s Byron Generating Station in northern Illinois)

GE Hitachi wins nearly $300MM in nuclear contracts from Exelon

GE Hitachi has been awarded nearly $300 million in nuclear outage servic...

Coal Fired Generation News

Technical Conference highlights shared in upcoming webinar

Highlights of the 2014 Triconex Technical Conference will be held Novemb...
Rescue workers continue their desperate press to save 18 coal miners in Turkey after surging waters trapped them deep underground

Rescuers press to save 18 trapped coal miners in Turkey

Rescue workers continue their desperate press to save 18 coal miners in ...
Southern Co. has pushed back the completion date for the coal fueled Kemper IGCC project and said it will cost at least another $496 million to finish the  power plant

Coal News: Costs rise by another $496MM at Kemper plant

Southern Co. has said it will cost at least another $496 million to fini...
Newly installed emissions control equipment places DTE’s Monroe coal-fired power plant among cleanest coal power stations in the country

DTE's Monroe coal power plant significantly reduces emissions

Newly installed emissions control equipment places DTE’s Monroe coal-fir...

Gas Fired Generation News

Energy Transfer Partners announce binding agreements for Rover gas pipeline

The approximately pipeline will deliver natural gas from Northwest West ...

Lithuania announces completion of first LNG terminal

In late October, Lithuania announced the completion of its first liquefi...

Technical Conference highlights shared in upcoming webinar

Highlights of the 2014 Triconex Technical Conference will be held Novemb...

Statoil profits hit by lower oil and gas prices

Statoil says impairment charges and lower oil and gas prices pushed it i...

Renewable Energy

PowerSecure has been awarded approximately $15 million in new distributed generation and utility infrastructure business

PowerSecure adds $15MM in new business

PowerSecure has been awarded approximately $15 million in new distribute...
Japanese utilities say they can't accommodate the flood of newcomers to the green energy business, casting doubt on the future of Japan's aggressive post-Fukushima renewable energy strategy

Post Fukushima, Japan gets green boom and glut

Japanese utilities say they can't accommodate the flood of newcomers to ...
SunEdison has closed on $130 million in financing for the Javier solar power park in Chile (Image: Sunset at the Los Pelambres mine site in Chile)

SunEdison secures $130MM in financing for Chilean solar project

SunEdison has closed on $130 million in financing for the Javier solar p...
A group of leading offshore companies including Bluewater, Damen and Van Oord have partnered to realize a unique floating tidal energy platform near Texel

Offshore companies partner on tidal energy platform near Texel

A group of leading offshore companies including Bluewater, Damen and Van...

Exploration & Production News

Energy Transfer Partners announce binding agreements for Rover gas pipeline

The approximately pipeline will deliver natural gas from Northwest West ...

Eni signs oil and gas cooperation agreement with Pemex

The MoU will also include cooperation and best practice exchanges in Hea...

Superior Crude to pay $1.6M oil spill penalty

Federal regulators say Superior Crude Gathering Inc. has agreed to pay a...

400 Ohio homes evacuated after hydraulic fracturing gas well leak

About 400 homes in eastern Ohio were evacuated after a nearby fracking o...

Transmission & Distribution

PowerSecure has been awarded approximately $15 million in new distributed generation and utility infrastructure business

PowerSecure adds $15MM in new business

PowerSecure has been awarded approximately $15 million in new distribute...
ABB to design, engineer, supply and install a power transmission cable system for an offshore wind farm in the German North Sea

ABB to install transmission system for German offshore wind project

ABB to design, engineer, supply and install a power transmission cable s...
Start-up Alevo Group is set to manufacture utility-scale batteries at a former Philip Morris cigarette plant in North Carolina that will generate 2,500-6,000 new jobs

Energy storage start-up Alevo to launch major battery plant in US

Start-up Alevo Group is set to manufacture utility-scale batteries at a ...
ABB tackles the demand for reliable electricity in Beijing’s space limited urban city center with its innovative underground smart substation solution

ABB provides innovative underground smart substation solution

ABB tackles the demand for reliable electricity in Beijing's space limit...

Offshore Oil & Gas News

Statoil profits hit by lower oil and gas prices

Statoil says impairment charges and lower oil and gas prices pushed it i...

Venari announces Gulf of Mexico oil discovery

Deepwater oil exploration and production company Venari Resources, LLC, ...

World’s first subsea wet gas compressor one step closer to offshore production field

The world’s first subsea wet gas compressor station is now ready for the...

Chevron sanctions Stampede offshore development project in the Gulf of Mexico

The Miocene field holds 300 million barrels of recoverable resources.&nb...

Energy Market Financials

Energy Commodity Index

 

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