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Oil & Gas

Budget Boost Saw February Revenue of Russian Oil & Gas Surge

It is well to be noted that Russia’s oil and gas revenue jumped over 80% in February from a year earlier to more than $10 billion because of higher prices for the nation’s crude as its producers went ahead...

US Crude & Gasoline Stockpiles Fall As Refining Intensifies

U.S. crude oil stockpiles fell quite unexpectedly in the in the week ending March 15, 2024, as exports rose and refiners went ahead and increased activity, while gasoline inventories decreased more than anticipated, the Energy Information Administration said on...

Options To Boost Russian Gas Supplies To China In Works

Gazprom, which is Russia’s state-controlled unit, has begun building a multibillion-dollar natural gas pipeline as it seeks to expand its sources of gas supplies so as to help meet its export commitments to China. China, with former Soviet republics in...

Lubmarine and Maxum Panama Extends its Lubrication Contract with Panama Canal Powerplant until 2026

Lubmarine, a division of TotalEnergies Lubrifiants, has been awarded a 3-year extension for the supply of lubricating oil to the Panama Canal Miraflores power plant located near the canal’s locks, a few miles from Panama City. Since 2013, Lubmarine -...

Honeywell Collaborates With The Green Solutions Corporation for Vietnams First Green Hydrogen Manufacturing Plant

Honeywell announced that it has signed a Memorandum of Understanding (MoU) with The Green Solutions Group Corporation (TGS) on the Tra Vinh Green Hydrogen project, Vietnam's first green hydrogen plant in the Mekong Delta. Honeywell Battery Energy Storage System helps...

Honeywell Technology To Power The World’s First Commercial Scale Liquid Organic Hydrogen Carrier Project

Honeywell announced that ENEOS, a leading energy company in Japan, will develop the world’s first commercial scale Liquid Organic Hydrogen Carrier (LOHC) project using Honeywell’s solution at multiple sites. The LOHC solution enables the long-distance transportation of clean hydrogen and...

Ducab India signs first bilateral partnership in the power sector with Emirates NBD India

Ducab India, part of the Ducab Group, one of the biggest end-to-end energy solutions providers and manufacturing firms in the United Arab Emirates (UAE), has signed its first bilateral partnership with Emirates NBD India. Through the partnership, the Ducab...

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