2015-10-01 19:45:00
SHELL STOPPED DRILLING
The oil giant is to halt drilling at the Burger J well in the US Arctic, saying it can't justify the expense due to low oil prices. Shell only won the controversial permission to explore the icy waters last month.
Drilling efforts are to end for the "foreseeable future," Royal Dutch Shell said in a statement on Monday, blaming the "high costs associated with the project."
The surprise move came just a month after it won a new permit to explore the Arctic waters off Alaska in the Burger J well in the Chukchi Sea, despite opposition from environmental groups and disagreement among some Democrat party leaders.
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2020, August, 13, 13:24:00
MINING OF RUSSIA
Mining of Russia 2020 brings together more than 200 senior executives of the key mining companies from Russia and the CIS
Name: International Conference & Onsite visit Mining of Russia 2020
Date: 3 - 4 September 2020, Kursk, Russia
2020, August, 13, 13:23:00
TANK FARMS AND OIL TERMINALS IN RUSSIA, CONFERENCE AND EXIBITION
We are glad to announce that the 15th Technical Conference Tank Farms and Oil Terminals: from Advanced Design to Operational Excellence 2020 is now open.
The event will take place on 12-13 November 2020, in Saint-Petersburg.
2020, August, 13, 13:20:00
USEFUL GLOBAL WARMING
thermodynamic geoengineering, the affordable, long-duration storage that can convert and recycle the thermally stratified energy of the ocean for millennia.
2020, August, 13, 13:15:00
BLACK SEA ENERGY TRANSMISSION
Under the framework of the Black Sea Regional Transmission Planning Project (BSTP), the MOU pledges mutual cooperation and continued development of the region’s only common network planning and market simulation models
2020, August, 13, 13:10:00
TURKEY'S ECONOMY DOWN
The value of the Turkish lira has fallen to 7.30 against the US dollar
2020, August, 12, 14:20:00
OIL PRICE: ABOVE $45 ANEW
Brent was up 67 cents, or 1.5%, at $45.17 a barrel, WTI was up 65 cents, or 1.6%, at $42.26 a barrel
2020, August, 12, 14:15:00
U.S. LPG FOR ASIA UP
LPG demand from China and Indian is showing initial signs of recovery, while Indonesia is seeking term cargoes.