These are features of Oil and gas, industrial and other relevant news
As Oil and Gas Jobs Bleeds, Green Energy Jobs increases and Offers Hope SINGAPORE, Oct 26 (Reuters) – Renewables are powering a rare bright spot in the energy industry, with record job hiring in solar, wind and hydro partly offsetting the biggest round of job losses in the oil and gas sector in almost two…
World Bank Downgrades forecast Oil price to $53 PB WASHINGTON, October 20, 2015 –In its latest commodity update, the World Bank is lowering its 2015 forecast for crude oil prices from $57 per barrel in its July report to $52 per barrel. The revised forecast reflects a further slowing in global economic performance, high current…
Green Innovation, Solar Power to Power Oilfield in Oman A solar-powered process called Enhanced Oil Recovery is about to power one of the world’s largest solar parks at an oilfield in Oman, set to be fully functional by the end of 2017. The project will transform water into steam for injection into the Omani oilfield,…
TranOcean Settles $20 Million With Alabama for Oil spill The owner of the drilling rig involved in the 2010 Gulf of Mexico oil spill is paying Alabama $20 million to resolve legal claims related to the disaster. Gov. Robert Bentley’s office announced the settlement Thursday with Transocean, owner of the Deepwater Horizon rig. The governor…