BP Plc and Russia’s state-controlled Rosneft (ROSN.MM) agreed to a share swap under which they plan to jointly explore for offshore oil and gas in a deal that gives the UK company access to areas of the Arctic previously reserved for Russian oil companies.
BP (BP – News), recovering from its Gulf of Mexico oil spill [...]
As teachers do their best to enforce solid study habits this fall, it is a good time for parents to remind their children about the ABCs of electricity safety.
Electrical shocks and fires injure thousands of people each year. According to the U.S. Fire Administration, an estimated 28,300 residential building electrical fires cause 360 deaths, 1,000 [...]
Hanwei Energy Services Corp. announced today that it has signed a binding agreement with Daqing Changyuan Investment Co. Ltd., an indirect subsidiary of China National Petroleum Corp. (CNPC), the parent company of PetroChina Co., Ltd., to acquire the remaining 8.925 percent equity interest in Daqing Harvest Longwall High Pressure Pipe Co. Ltd. (“Harvest”) for [...]
Research and Markets has announced the addition of the “The Development of China’s Coal-based Alcohol Ether Energy 2008” report to their offering.
China’s current energy resources are typified by a huge resource of coal, but a shortage of gas and oil. The total reserves of petroleum and natural gas amounted to 15.5 billion barrels and 1.88 [...]
UCN, Inc., the market leader in on-demand contact center software, has signed an agreement for inContact® Echo® with a rapidly-growing energy services company. The new customer has hundreds of agents at multiple contact center sites.
Previously the company tracked customer satisfaction levels by having the agent ask direct questions during the call. The company found they [...]
Ameresco, Inc. unveiled its new comprehensive billing management system, AXIS, which is designed to streamline the utility payment and energy analysis processes for large companies with improved reporting accuracy and relevance. The energy solutions provider introduced the new system to energy managers at the Edison Electric Institute’s Fall National Key Accounts Workshop conference in Las [...]
Albemarle Corporation, a leading global supplier of petroleum refining catalysts and additives, will increase the prices of its fluidized catalytic cracking (FCC) catalysts for both heavy feed (Resid) and vacuum gas oil (VGO) cracking applications by 20 percent worldwide, effective September 1, 2008, or as contracts allow. Natural gas and rare earth surcharges will continue [...]
PowerComm Inc. announced that the company had been awarded a contract to provide electrical equipment and services for the Suncor Accommodation Complex Project in Fort McMurray Alberta. The project is being managed by EllisDon Construction Services Inc. of London, Ontario and is one of the most unique ever undertaken in Northern Alberta.
The overall project is [...]
W2 Energy Inc., a developer of green energy, is pleased to announce it has signed a preliminary joint venture letter of intent with Coastal Capital Acquisition Corporation to design, construct and operate an Algae to Bio-diesel facility in the state Florida, in the United States.
W2 Energy has an all in one system that grows, harvests [...]
CB&I has been awarded a contract for an LNG import terminal expansion project in Fujian Province, China, by CNOOC Fujian LNG Co. Ltd. The contract value is confidential.
CB&I’s scope of work includes engineering, procurement and construction of two additional 160,000 cubic meter full containment LNG storage tanks. The project is scheduled to be completed in [...]