Europe
Neste sells Pietarsaari terminal to Swedish company Wibax Ab
Neste has sold its terminal in Pietarsaari to the Swedish company Wibax Ab. The terminal has not been used for Neste's own operations for many years because the tanks and other facilities are not suitable for storing oil products without investments.
GE O&G '17: Snam CEO foresees LNG boost from 30 new markets
FLORENCE, ITALY—Near the conclusion of GE Oil & Gas' Annual Meeting 2017, Marco Alverà, CEO of Snam Group, spoke on Tuesday about fueling the future with natural gas.
GE O&G '17: Oil and gas execs tout need for digitization, data analytics
FLORENCE, ITALY—During a late-morning panel discussion on the second day of GE Oil & Gas' Annual Meeting 2017, representatives from GE Oil & Gas, Aker BP, Woodside, Petronas, RasGas and SBM Offshore discussed how digitization and big data are driving trends in the oil and gas industry.
GE O&G '17: Reliance Industries CIO talks digital optimization, big data
FLORENCE, ITALY—Manoj Chouthai, CIO of Reliance Industries Ltd., spoke about the digital optimization of his company's operations on the second day of GE Oil & Gas' Annual Meeting 2017.
Oil steady as rising US output offsets OPEC-led cuts
LONDON (Reuters) -- Oil prices steadied on Tuesday as rising US drilling activity helped undermine efforts by OPEC and other producers to cut output to try to prop up the market.
Sulfur-rich crudes, usually discounted, shine after OPEC cuts
LONDON (Reuters) -- Efforts to stem the world's surplus of crude oil have thus far only moderately balanced the market -- but have turned typically lower-quality crude into the most sought after barrels.
GE O&G '17: Petrobras strategist details company's "Project Revolution"
FLORENCE, ITALY—Nelson Silva, Chief Strategy and Performance Officer for Petróleo Brasileiro SA (Petrobras), opened the second day of GE Oil & Gas' Annual Meeting 2017 with a keynote address on the company's efforts to turn its business around.
OPEC achieves 82% of pledged oil output cut in January
LONDON/DUBAI (Reuters) -- OPEC's oil output is set to fall by more than 1 MMbpd this month, a Reuters survey found on Tuesday, pointing to a strong start by the exporter group in implementing its first supply cut deal in eight years.
GE O&G '17: LNG experts discuss solutions to cut emissions, expand production
An early-afternoon panel session on LNG technology was moderated by Pablo Avogadri, Turbomachinery Solutions CMO for GE Oil & Gas.
GE O&G '17: "The future is not what it used to be"
FLORENCE, ITALY—Changes in the energy mix were on top of the agenda of the first day of GE Oil & Gas' Annual Meeting 2017. We covered viewpoints from key executives and leaders from GE, the IEA and Total, as well as the CEO of BP.
- Valmet to acquire Severn Group to strengthen Process Performance Solutions segment 12/22
- World’s first dynamic green ammonia plant starts operations in Denmark 12/22
- Baker Hughes to supply liquefaction equipment for Commonwealth LNG export project 12/22
- China's November fuel oil imports up 15% from October 12/22
- Azerbaijan sends first gasoline shipment to Armenia after decades of war 12/22
- Ethanol producer Inpasa to invest $630 MM in Brazil biorefinery projects 12/22
