Shell Will Focus Future investment in Nigeria on Gas

Shell Will Focus Future investment in Nigeria on Gas PORT HARCOURT, Nigeria, Sept 30 (Reuters) – The managing director of Shell’s joint venture in Nigeria said on Wednesday that the oil major would focus its future investments in the country on natural gas for domestic consumption and export. “Our strategy is to invest a lot …

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Siemens has launched its new lightweight aero-derivative gas turbine

Siemens has launched its new lightweight aero-derivative gas turbine, RB211-GT30, for the offshore oil and gas industry. Siemens said it will use the combined expertise of Rolls-Royce Energy and Dresser-Rand, which supplied a significant share of the 20MW to 40MW offshore power generation on FPSOs worldwide to offer better solutions for the offshore market. The Industrial …

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China Resumes Buying Iranian Condensate causing 2015 highest in September

China Resumes Buying Iranian Condensate causing 2015 highest in September OKYO/BEIJING, Sept 29 (Reuters) – Iran’s condensate exports in September hit the highest monthly total so far this year, after its top client China resumed buying of the ultra-light crude for the first time in six months, two sources familiar with the matter said on …

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Russian Oil and gas Company drops plan of exploration in Syria

Russian Oil and gas Company drops plan of exploration in Syria Russia energy firm Soyuzneftegaz has decided against plans to explore for oil and gas off Syria’s coast because of the conflict there, the company’s chairman said on Tuesday. Yuri Shafranik, a former Russian energy minister, also said the private company had frozen its two …

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