With the US oil industry sinking and a strong dollar affecting overseas sales, Goldens' Foundry and Machine Co is targeting a market it has not tapped into since World War Two: the domestic consumer.
The Georgia-based company, which has been operating since 1882, in November began selling high-spec cast-iron barbecues to American grillers, a sharp departure for a company that for decades has specialised in casting and machining parts for heavy-duty trucks and industrial pumps.
"The biggest headwind we have had is oil and mining being down," says George Boyd Jr, Goldens' vice-president, while the strong dollar…
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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.
ConocoPhillips's gas-focused North Sea assets pumped 72,000 b/d of oil equivalent last year, and the acquisition will help boost Chrysaor's total production this year to over 185,000 boe/d, Chrysaor said in a statement.
Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.
To further explore opportunities for bilateral energy expansion, Turkish Energy and Natural Resources Minister Fatih Dönmez and German Federal Minister for Economic Affairs and Energy Peter Altmaier met in Ankara for the second Turkish-German Energy Forum in October last year to sign a letter of intent to enhance the Turkish-German energy partnership.