Chevron Corporation, executives said today at the company’s annual security analyst meeting in New York that the company is continuing to deliver industry-leading operational and financial results and progressing key development projects. “We had another outstanding year in 2012. We continue to lead the industry in total shareholder returns and most other safety and financial [...]
While gas demand in Europe will struggle to recover to pre-financial crisis levels until the latter half of this decade, overall global gas demand continues to grow strongly, Ben Hollins, Head of Gas & Power Research for Wood Mackenzie told delegates in a presentation at FLAME 2013 in Amsterdam today. In fact, Wood Mackenzie forecasts [...]
March 12, 2013 | Posted in
Africa,
Americas,
Asia pacific,
Europe & Eurasia,
Featured,
Middle East,
News,
NEWS BY TOPIC,
News Categories,
REGIONAL NEWS,
South & Central Asia,
Top Stories |
Read More »
Wärtsilä, a Finnish manufacturer of engines for ships and power plants, today provided a cautious forecast for the shipping and shipbuilding market in 2013. The contracting outlook remains challenging for certain ship types, such as bulk carriers, due to the remaining overcapacity. Overall, the contracting mix is expected to be in line with that seen [...]
Seadrill, one of the largest drilling contractors in the world reported consolidated revenues for the first quarter of 2012 of US$1,050 million as compared to US$1,059 million in the fourth quarter 2011. The company, that boasts with a versatile fleet of 63 units that comprises drillships, jack-up rigs, semi-submersible rigs and tender rigs reported operating [...]
BW Offshore, a global provider of floating production storage and offloading (FPSO) vessels to the oil and gas industry reported that the company’s operating revenues for the first quarter of 2012 amounted to USD 217.5 million, an increase of USD 9.4 million compared to USD 208.1 million in the fourth quarter of 2011. Earnings before [...]
Oil and gas industry leaders have forecast improved performance and higher levels of capital expenditure this year, despite concerns over global economic instability, according to a new report on the future of the sector. Increased investment across the industry will focus on exploration activity, with North America emerging as the area with the greatest opportunities [...]
January 25, 2012 | Posted in
Africa,
Also in the News,
Americas,
Asia pacific,
Company News,
Europe & Eurasia,
Featured,
Middle East,
News,
NEWS BY TOPIC,
News Categories,
Press releases,
REGIONAL NEWS,
Research & Development,
South & Central Asia |
Read More »
![USA: ExxonMobil’s Energy Outlook Shows Rising Global Energy Demand, Shift Toward Natural Gas]()
Expanding prosperity for a growing world population will drive an increase in energy demand of about 35 percent by 2030 compared to 2005, even with significant efficiency gains, and natural gas will emerge as the second-largest energy source behind oil, Exxon Mobil Corporation3 said as it released its new edition of Outlook for Energy: A [...]
