Oil & Gas
News & Press Releases
Funding for Fuel Relief from the Central American Development Bank totals $800 million
On June 3, a Central American development bank announced that it had authorised an $800 million credit to protect local countries against global fuel price increases, which were triggered in part by Russia's invasion of Ukraine. As a result...
News & Press Releases
Partial Embargo On Russian Crude By EU Will Not Worry Moscow
Shortly after the world's largest trading bloc agreed to put a partial embargo on Russian crude, Moscow committed to finding new importers. The European Union announced recently that most Russian oil imports will be banned by the end of the...
News & Press Releases
Search For Russian Gas Alternatives By Europe Hits Hurdles
Europe is facing stumbling blocks in its potential alternative to Russian gas in the Middle East and North Africa, as negotiations with major suppliers such as Qatar, Algeria, and Libya have proven tough. Negotiations have been hindered by reasons...
News & Press Releases
Biogaz du Haut-Geer Chooses Cat Dealer Eneria to Double Cogeneration Capabilities and Expand Sustainability Benefits for Belgian Biogas Energy Facility
Caterpillar Inc. announced that Biogaz du Haut-Geer, a utility cooperative in eastern Belgium, has selected Cat® dealer Eneria to double its cogeneration capabilities and expand the sustainability benefits of its biogas energy facility in Geer.
Eneria will design, install and...
News & Press Releases
BP to invest up to £18 billion in UK energy system by 2030
BP intends to invest up to £18 billion in the UK energy system by the end of 2030, demonstrating its commitment to the country.
As one of the largest oil and gas producers in the UK, bp intends to continue...
News & Press Releases
RWE charters two floating LNG terminals and takes over operational responsibility
In the effort to free Germany from its dependency on Russian gas, an important milestone has now been reached: on behalf of and in the name of the German government, RWE has chartered two so-called Floating Storage and Regasification...
News & Press Releases
Wartsila to supply added generating capacity and existing plant upgrade for repeated Egyptian customer
The technology group Wärtsilä’s strong relationship with one of Egypt’s major independent power producers (IPPs) is further enhanced with a new order. Under a contract placed in February 2022 by Kahraba, a subsidiary of Egypt Kuwait Holding (EKH), Wärtsilä...
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