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BP to divest 50% stake in Chinese company to Sinopec unit for $1.68bn BP has agreed to divest its 50% interest in Shanghai SECCO Petrochemical Company (SECCO) to a subsidiary of its joint venture partner Sinopec for $1.68bn. Oil & Gas > Refining & Petrochemicals > News
2017 delivers increase in pigging and plugging scopes at Jee Jee Ltd’s pigging and plugging division has had an excellent Q1 of 2017 with 11 new projects awarded by six different clients across Europe, Africa and South East Asia. The new projects, nine of which relate to pigging and two to plugging projects, are being delivered alongside eight contracts continuing from 2016.
Oil & Gas > Transportation & Storage > News IEA says oil discoveries fell to record low in 2016 New figures published by the International Energy Agency (IEA) show that global oil discoveries dropped to a record low of only 2.4 billion barrels in 2016, while sanctioned projects fell to their lowest levels in over 70 years.
Oil & Gas > Exploration & Development > News UK renewables output drops By EBR Staff Writer
New provisional data released by the UK government shows that the share of electricity generated through renewable sources dropped to 24.4% in 2016 from 24.6% in the previous year.
News
DNV GL launches LVRT testing services in India DNV GL has launched their full suite of LVRT testing services for the Indian wind market to support grid stability and enhance security of supply.
Power Distribution > Utilities Network > News Total to invest $500m to develop shale gas field in Argentina By EBR Staff Writer
Total will invest $500m over the next three to four years for the development of a shale-gas field in Argentina.
Oil & Gas > Drilling & Production > News BP to divest 50% stake in Chinese company to Sinopec unit for $1.68bn By EBR Staff Writer
BP has agreed to divest its 50% interest in Shanghai SECCO Petrochemical Company (SECCO) to a subsidiary of its joint venture partner Sinopec for $1.68bn.
Oil & Gas > Refining & Petrochemicals > News

Latest News and Insight by Sector

Oil & Gas

2017 delivers increase in pigging and plugging scopes at Jee
Jee Ltd’s pigging and plugging division has had an excellent Q1 of 2017 with 11 new projects awarded by six different clients across Europe, Africa and South East Asia. The new projects, nine of which relate to pigging and two to plugging projects, are being delivered alongside eight contracts continuing from 2016.
Oil & Gas > Transportation & Storage > News
IEA says oil discoveries fell to record low in 2016
New figures published by the International Energy Agency (IEA) show that global oil discoveries dropped to a record low of only 2.4 billion barrels in 2016, while sanctioned projects fell to their lowest levels in over 70 years.
Oil & Gas > Exploration & Development > News

Power Generation

UK renewables output drops
By EBR Staff Writer
New provisional data released by the UK government shows that the share of electricity generated through renewable sources dropped to 24.4% in 2016 from 24.6% in the previous year.
News
Canadian Solar delivers 10MW of modules to largest solar project in Uganda
Canadian Solar has supplied 10MW of PV modules to Soroti photovoltaic plant in Uganda.
Power Generation > Solar > News

Power Distribution

DNV GL launches LVRT testing services in India
DNV GL has launched their full suite of LVRT testing services for the Indian wind market to support grid stability and enhance security of supply.
Power Distribution > Utilities Network > News
New Mississippi route proposed for 2GW Southern Cross Transmission project
By EBR Staff Writer
Pattern Energy’s affiliate has filed a petition for a siting certificate with the Mississippi Public Service Commission (MPSC) for a preferred route plan for the Southern Cross transmission project.
Power Distribution > Utilities Network > News

Mining & Commodities

Hawaiian Electric Companies note progress in reducing emissions, use of fossil fuel
To mark Earth Day 2017, the Hawaiian Electric Companies noted their progress in replacing fossil fuels with renewable resources for power generation, reducing greenhouse gas emissions and leading efforts to switch to zero-emission electric vehicles.
Power Generation > Fossil Fuel > News
Nevsun completes Timok Upper Zone infill drilling and provides project update
Nevsun Resources has announced an update on the high-grade Timok Upper Zone project in Serbia.
Mining & Commodities > Minerals & Materials > News