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Contract sparks a boost in jobs totals

May 22, 2013 A major £7m contract for Lowestoft-based Sembmarine SLP has boosted job numbers by 41 in the last month alone, the firm has revealed.SLP secured the deal to fabricate the bridge and flare str...

Gas tariff to go up in few days, says minister

May 22, 2013 THE caretaker ministers admit failure in resolving the energy crisis and warn that the power shortfall could increase in the coming days due to multiple factors besides expressing intention of rev...

Aramco seeking bids for Jazan power plant

May 22, 2013 Saudi Aramco is seeking bids for the construction of a 2,400 megawatt (MW) power plant in Jazan, near a 400,000 barrel-per-day oil refinery which it is currently building, Reuters has reported, cit...

Rising US stockpiles drag down crude oil futures

May 22, 2013 India, May 22 -- Crude Oil futures fell in the domestic market on Wednesday as US crude oil stockpiles rose last week, signaling weakening demand for the fuel in the world's biggest crude oil consu...

Aramco selects L&T for Midyan gas deal

May 22, 2013 Saudi Aramco has awarded Larsen & Toubro (L&T) a contract to build facilities including a gas processing plant for its Midyan gas field, Reuters has reported. Under the contract, L&T is...

Indian Oil to start co-processing non-edible vegetable oils: Media Reports

May 22, 2013 India, May 22 -- State-run refiner, Indian Oil Corporation (IOC) has developed and commercialized a technology for co-processing of non-edible vegetable oils in the petroleum refinery's existing di...

Saipem awards Oceaneering Egypt offshore deal

May 22, 2013 Italian oil and gas industry contractor Saipem has awarded Oceaneering International the contract to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore...

Get ready for the new American energy boom

May 22, 2013 Every U.S. president since Richard Nixon has espoused a policy to make America energy independent. Clearly, none has delivered, and realistically no government intervention could do so. Today, howe...

Traffic issue set to scupper new power plant plan

May 22, 2013

A farmer who vowed to fight objections to proposals for a chicken-waste-to-power plant near Tiverton looks set to have scaled-down plans refused by Mid Devon District Council.

Crude Oil futures end tad lower amid downbeat US stockpiles data

May 22, 2013 India, May 22 -- Crude Oil futures ended a tad lower in the domestic market on Tuesday after a report said that US crude oil stockpiles rose last week, signaling weakening demand for the fuel in th...