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

Nigeria needs $100 billion in oil and gas investments to meet production target

Oct 30, 2014 Nigeria requires $100 billion in oil and gas investments to meet its ambitious oil production...

Eni signs oil and gas cooperation agreement with Pemex

Oct 30, 2014 The MoU will also include cooperation and best practice exchanges in Health, Safety & Env...

400 Ohio homes evacuated after hydraulic fracturing gas well leak

Oct 30, 2014 About 400 homes in eastern Ohio were evacuated after a nearby fracking operation sprung a lea...

Latest Energy News - Power

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

Oct 30, 2014 SunEdison has closed on $130 million in financing for the Javier solar power park in Chile
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

Oct 30, 2014 Rescue workers continue their desperate press to save 18 coal miners in Turkey after surging ...
Showcased here are seven interview tips that should offer you the opportunity of receiving the consideration you deserve if your background is a match for the opening

Seven Tips to Help You Prepare for a Job Interview

Oct 30, 2014 Showcased here are seven interview tips that should offer you the opportunity of receiving th...

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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

TRC to Host First-Quarter Fiscal 2015 Financial Results Conference Call on November 4

Oct 30, 2014 TRC to Host First-Quarter Fiscal 2015 Financial Results Conference Call on November 4

Western Gas Partners Prices Public Offering of 7,500,000 Common Units

Oct 30, 2014 Western Gas Partners Prices Public Offering of 7,500,000 Common Units

American Eagle Energy Announces Operations Update and Hosting Third Quarter 2014 Earnings Conference Call

Oct 30, 2014 American Eagle Energy Announces Operations Update and Hosting Third Quarter 2014 Earnings Con...

Hess Reports $1 Billion Third-Quarter Earnings, Tubular Bells Offshore Project to Start Production, an Industrial Info News Alert

Oct 30, 2014 Hess Reports $1 Billion Third-Quarter Earnings, Tubular Bells Offshore Project to Start Produ...

Power Wire News

Enablon and GRC 20/20 Research to Host Webinar on Aligning Risk and EH&S Management Strategies

Oct 30, 2014 Enablon and GRC 20/20 Research to Host Webinar on Aligning Risk and EH&S Management Strategies

Vega Biofuels Lays Out Construction Schedule for Pilot Torrefaction Plant

Oct 30, 2014 Vega Biofuels Lays Out Construction Schedule for Pilot Torrefaction Plant

HydroPhi Technologies Europe Receives Preliminary Grant Approval in Poland Subject to EU Final Approval for Implementation of HydroPlant(TM) on Heavy Duty Vehicles

Oct 30, 2014 HydroPhi Technologies Europe Receives Preliminary Grant Approval in Poland Subject to EU Fina...

Blue Earth Closes on Purchase of Equity Position in PowerGenix With $10 Million Dollar Investment

Oct 30, 2014 Blue Earth Closes on Purchase of Equity Position in PowerGenix With $10 Million Dollar Invest...
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Oil Refining & Processing News

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 ...

Foster Wheeler awarded EPC contract oil refinery upgrade in Belgium

Foster Wheeler’s scope of work is expected to be completed in December 2...

Oil & Gas Pipelines and Transportation News

Chevron sanctions Stampede offshore development project in the Gulf of Mexico

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

Azerbaijan oil production output to drop next year

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

Venari announces Gulf of Mexico oil discovery

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

Statoil profits hit by lower oil and gas prices

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

Nuclear Power Generation

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...
AREVA & Siemens have updated their claim against Finnish utility TVO over delays on the Olkiluoto 3 nuclear reactor project ( Pictured: Reactor vessel head installed in 2013 at the Olkiluoto 3 nuclear power project in Finnland)

Areva-Siemens up OL3 nuclear reactor arbitration claim to $4.4B

AREVA & Siemens have updated their claim against Finnish utility TVO...
The U.S. Department of Energy's inspector general has said it could not determine if a whistleblower on the Hanford Nuclear Reservation was fired for raising safety concernws

Nuclear News: Report on Hanford whistleblower inconclusive

The U.S. Department of Energy's inspector general has said it could not ...

Coal Fired Generation News

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...
Analysis explores the extent to which the EPA’s proposed new and existing source rules will advance carbon capture and storage (CCS) technology

Carbon pollution standards for power plants and their impact on CCS

Analysis explores the extent to which the EPA’s proposed new and existin...

Gas Fired Generation News

Statoil profits hit by lower oil and gas prices

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

Ferus NGF opens liquefied natural gas facility in Canada

Ferus Natural Gas Fuels announced it has officially opened its merchant ...

500th cargo leaves Snøhvit liquefied natural gas plant

The special vessel Arctic Voyager is the 500th to visit Melkøya and Hamm...

Chevron announces first gas from Bangladesh Bibiyana expansion project

Chevron announced that its Bangladesh subsidiary has commenced natural g...

Renewable Energy

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...
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...
GE installs it’s 1,500th wind turbine in Canada installed, bringing the company’s total of installed wind capacity across Canada to 2 GW

GE achieves 1,500 wind power turbines installed in Canada (Video)

GE installs it’s 1,500th wind turbine in Canada installed, bringing the ...
OnForce Solar completes construction of New York’s first large-scale solar power installation on a landfill

NY's first landfill solar power array complete

OnForce Solar completes construction of New York's first large-scale sol...

Exploration & Production News

Nigeria needs $100 billion in oil and gas investments to meet production target

Nigeria requires $100 billion in oil and gas investments to meet its amb...

Eni signs oil and gas cooperation agreement with Pemex

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

400 Ohio homes evacuated after hydraulic fracturing gas well leak

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

Statoil profits hit by lower oil and gas prices

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

Transmission & Distribution

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...
Siemens wins order for a high-voltage direct-current (HVDC) power transmission link in Canada

Siemens wins major HVDC order in Canada

Siemens wins order for a high-voltage direct-current (HVDC) power transm...

Offshore Oil & Gas News

Chevron sanctions Stampede offshore development project in the Gulf of Mexico

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

Venari announces Gulf of Mexico oil discovery

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

Statoil profits hit by lower oil and gas prices

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

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...

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