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ExxonMobil signs 20-year LNG agreement with Zhejiang Energy

17 mins ago DieselGasoil Comments Off on ExxonMobil signs 20-year LNG agreement with Zhejiang Energy
4/22/2019 IRVING — ExxonMobil said that it signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG over 20 years. “This sales and purchase agreement represents an important milestone and provides Read More

Bitcoin trader’s ‘seastead’ home towed by Thai navy

2 hours ago DieselGasoil Comments Off on Bitcoin trader’s ‘seastead’ home towed by Thai navy
The Thai navy has begun towing the home of a fugitive American seasteader back to shore as its owner faces a possible death sentence. Chad Elwartowski and Supranee Thepdet lived in the structure, known as a seastead, 15 miles from the Thai coast, in order to avoid the jurisdiction of Thai law. Thai authorities have Read More

Equinor invests in new platform in Azerbaijan

3 days ago DieselGasoil Comments Off on Equinor invests in new platform in Azerbaijan
4/19/2019 Photo: Torgrim Reitan, executive V.P. for Development & Production International. STAVANGER — Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a $6 billion investment decision to build an additional platform in the license area. The investment decision follows an agreement with the Government of Read More

BP, partners sanction $6 billion Azeri Central East development offshore Azerbaijan

3 days ago DieselGasoil Comments Off on BP, partners sanction $6 billion Azeri Central East development offshore Azerbaijan
4/19/2019 Photo: BP operated Central Azeri platform in the Azerbaijan sector of the Caspian Sea. LONDON — BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea. The $6 billion development includes a Read More

ONGC places India on world map of heavy oil polymer flooding

4 days ago DieselGasoil Comments Off on ONGC places India on world map of heavy oil polymer flooding
4/18/2019 Photo: ONGC container-based polymer dispersion unit with maturation tank (right) and polymer injection pumps with manifold (left). NEW DELHI — Significant oil recovery has been obtained by a pilot in ONGC Becharji heavy oil field in North Gujarat, which was first put on production in July 1988. ONGC is going to commercialize this on Read More

Boeing 737 MAX software upgrade ‘operationally suitable’: FAA panel

6 days ago DieselGasoil Comments Off on Boeing 737 MAX software upgrade ‘operationally suitable’: FAA panel
(Reuters) – A review by a U.S. Federal Aviation Administration panel into Boeing Co’s grounded 737 MAX aircraft found a planned software update and training revisions to be “operationally suitable,” the agency said Tuesday, an important milestone in getting the planes back in the air. FILE PHOTO: A Boeing 737 MAX 8 sits outside the Read More

Milestone v risk to innovation: EU govts back controversial copyright regulation despite protests

1 week ago DieselGasoil Comments Off on Milestone v risk to innovation: EU govts back controversial copyright regulation despite protests
A majority of EU governments approved a much-criticized copyright directive, targeting platforms like Google and Facebook. The new rules were earlier slammed by Big Tech, rights groups, and ordinary users alike. The European Council backed the new directive on Monday. Among its sweeping changes is making large content platforms like Facebook, Google, YouTube, and Wikipedia Read More

Enphase Energy Service Program for Early Adopters Reaches Milestone and Expands

1 week ago DieselGasoil Comments Off on Enphase Energy Service Program for Early Adopters Reaches Milestone and Expands
FREMONT, Calif., April 15, 2019 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ:ENPH), a global energy technology company and the world’s leading supplier of solar microinverters, today announced that over 2,500 homeowners have joined the Enphase Upgrade Program, a service program that gives homeowners several options for upgrading to the latest, more efficient and reliable microinverters Read More

Parex Q1 2019 Production 51,200 boe/d – 27th Quarterly Increase

1 week ago DieselGasoil Comments Off on Parex Q1 2019 Production 51,200 boe/d – 27th Quarterly Increase
CALGARY, Alberta, April 15, 2019 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update, highlighted by surpassing the production milestone of 50,000 barrels of oil equivalent per day (“boe/d”). Production: Parex’ Q1 2019 average production Read More

Maersk Supply Service to install onboard energy advisory system

1 week ago DieselGasoil Comments Off on Maersk Supply Service to install onboard energy advisory system
4/12/2019 COPENHAGEN — Maersk Supply Service signed a contract with Eniram, a Wärtsilä company, to install an Energy Advisory System on its vessels. The system will use high quality data to optimize operations and save fuel in real time, lowering the company’s carbon footprint and fuel costs for customers. Proof of concept will be carried out Read More