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GE Secures over $900 Million Order for Latin America’s Largest Gas Power Plant
GE announced few days ago that it has secured a more than $900 million turnkey order with Centrais Elétricas de Sergipe S.A. (CELSE) for Brazil’s Porto de Sergipe combined-cycle power plant. With a generating capacity of 1,516 MW, the facility…
Investing in Infrastructure that Unites: First Gas Interconnector Between Finland and Estonia Ends Energy Isolation
A first gas interconnector between Finland and Estonia will end the long lasting gas isolation of Finland and help, boosting security of supply and bringing an economic lift to the region. European Commission President Jean-Claude Juncker, the Prime Minister of…
More Northeast Natural Gas Pipeline Capacity Brings Questions
Led by the surge in Appalachia’s Marcellus and Utica plays, U.S. natural gas production has increased over 50% since 2005 and related infrastructure to move the gas has become short. This is really not just an issue for the U.S.…
Methane Progress Should Guide Regulatory Approach
API Upstream Group Director Erik Milito discussed ongoing industry efforts to reduce methane emissions and the risk to emissions reductions progress posed by adding new layers of regulation during testimony this week before the environment subcommittee of the U.S. House…
Gazprom Neft acquires two new licences in the Yamalo-Nenets Autonomous Okrug
Gazpromneft-Noyabrskneftegaz and Gazpromneft-Yamal, subsidiaries of Gazprom Neft, have won recent tendering rounds for subsoil usage rights to the Yuzhno-Noyabrskoye and Kamennomysskoye (onshore) fields, both located in the Yamalo-Nenets Autonomous Okrug, in close proximity to Gazprom Neft’s existing infrastructure. Recoverable oil…
Gazprom and Edison Discuss Southern Route of Russian Natural Gas Supplies to Europe
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Marc Benayoun, Executive Vice President of EDF and Chief Executive Officer of Edison, took place yesterday in Milan. The meeting was focused on arranging the southern route…
The Top 10 Public Global Oil Producers In 2016
The following list is based on average daily global oil production for all publicly traded companies during the most recent fiscal quarter. As noted in the article on natural gas producers, some of the largest producers in the world are…