Skip to main content

Oil & gas news

 
 

Petrobras to use Subsea 7 pipelay vessel

Petrobras has awarded a two year US$ 110 million contract to Subsea 7 for the exclusive use of its Lochnagar pipelay vessel for two years.

 

Caterpillar acquires Bucyrus International

Caterpillar Inc. and Bucyrus International have entered into an agreement by which Caterpillar will acquire Bucyrus for US $ 8.6 billion, expanding Caterpillar's leadership in the mining equipment industry.

 
 
 
 

The energy world faces unprecedented uncertainty

According to the International Energy Agency’s latest World Energy Outlook, much stronger action is needed to accelerate the transformation of the global energy system.

 

The Behemoth Rolls On

Although plagued by the world’s worst traffic jams, the growth of China’s coal industry shows no signs of stopping. Ng Weng Hoong reports.

 

Reviewing GHG reporting rule requirements

The American Petroleum Institute is reviewing the Environmental Protection Agency’s greenhouse gas reporting rule requirements for the petroleum and natural gas industries.