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BLOG: Rigzone's Downstream Coverage Starts New Chapter

A new chapter begins for Rigzone's downstream coverage.
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Serinus Shuts-In Sabria Field Due to Social Unrest

Serinus Energy Inc. temporarily shuts-in production at the Sabria field in Tunisia due to continued social unrest in the southern part of the country.
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Not-So-Mindless Drones

The use of drones to carry out critical inspection testing continues to gain momentum, not least in the oil and gas, marine and energy sectors. Proponents of the use of drones for inspection duties — often in highly dangerous and demanding environments — point out that the flying machines not only enhance safety, but can […]
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Quick Work In Dubai

Siemens said it has completed extensive service operations on the gas turbines at Jebel Ali K-station in what it called a record time of only 29 working days. The Dubai power plant is owned by Dubai Electricity and Water Authority (DEWA) and has been in operation since 2002. The outage featured the application of the “rotor-swap”;

The post Quick Work In Dubai appeared first on Diesel & Gas Turbine Worldwide.

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Clariant to Buy Huntsman for $6.4 Billion as M&A Surges

The new entity's global headquarters will be at Pratteln, Switzerland and its operational headquarters will be at The Woodlands, Texas.
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After Merger, Refiner Delek to Lay Off Staff in Texas

Delek will cut almost 100 Dallas workers after its merger with Alon is completed.
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India Moving Beyond Oil As Seeks Alternatives to OPEC

India's petroleum and natural gas minister made the comments in Vienna ahead of OPEC's meeting this Thursday.
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Iran Has Potential To Increase Oil Production By 3 MMbpd

Iran has the potential to increase oil production by 3 million barrels per day, according to an Iranian oil official.
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Japan to Set Up Venture to Expand Hydrogen Station Network

Japan is betting heavily on becoming a "hydrogen society" despite the high costs and technical difficulties.
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Riyadh Dances With Trump But Goes Home With Putin to Prop Up Oil

When it comes to propping up global oil prices, Saudi Arabia and Russia have never been more aligned.
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Glencore Predicts OPEC Insulated From Electric Vehicle Impact

Glencore is among the mining companies that anticipate electric vehicles could have a much earlier impact than previously thought.
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China Says Will Eventually Allow Private Companies To Invest In Oil Storage

China will eventually allow private companies to invest in the country's oil and gas storage, the government said in a blueprint document for its energy sector.
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Vietnam's Sole Refinery Plans to Sell 5-6 Pct Stake in IPO in Q4

Vietnam's Dung Quat oil refinery plans to sell a 5-6 percent stake in the company in the fourth quarter of 2017 via an initial public offering (IPO), it said in a statement.
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Huntsman-Clariant Is a Good Mix With a Governance Risk: Gadfly

The stars have aligned for another big transatlantic chemical deal.
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Asia Oil Refinery Delays Favor Producer Case for Extending Output Cuts

Energy consultants Wood Mackenzie now expect a net refinery capacity addition in Asia of 360,000 bpd, down from a forecast of 450,000 bpd in December.
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Oil Rises To Month-High With Output Cut Extension Expected

Oil prices rose as growing confidence that top exporters would agree to extend supply curbs this week and speculation that the cuts could be deepened.
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Iraq Paves Way for OPEC Deal With Support for 9 More Months

Iraq backed a proposal from Saudi Arabia and Russia to extend output cuts for nine months.
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Where Did Top Downstream Execs Go To College?

Check out the educational routes some top downstream execs took to launch their careers.
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Carlyle Battles Insurers in New York Over Moroccan Oil Losses

Carlyle Group is suing a group of its insurers over $400 million worth of oil it claims it lost when Morocco's sole refinery went bankrupt two years ago, court documents show.
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