Saratov Oil Refinery Will Increase Its Refining Capacity by 7.7% in 2009 After Its Overhaul and Upgrade

Friday, Jan 30, 2009

TNK-BP will overhaul and upgrade the Saratov Oil Refinery in 2009 and increase its refining capacity by 7.7% up to 7 million tons a year, said Pavel Ipatov, Governor of the Saratov Region, after a meeting with Gernam Khan, Executive Director of TNK-BP.

Wave Power Machine Offers Green Energy Answer

Friday, Jan 30, 2009

A pioneering wave power device that could provide a major breakthrough in the drive to hit sustainable energy targets is a step closer to commercial use after tests proved the system is highly effective.

Aberdeen Windfarm in Line for 40 Million Euros of European Funding

Friday, Jan 30, 2009

Plans for Aberdeen’s proposed offshore windfarm received a huge boost today with the news that the European Commission is considering investing 40 million Euros in the project.

PHA Commission Approves $4.5 Million to Fund Final Design Work for Bayport Container Terminal Gate Expansion

Friday, Jan 30, 2009

HOUSTON, Jan. 29, 2009 (GLOBE NEWSWIRE) — The Port Commission of The Port of Houston Authority (PHA) authorized $4.5 million for the final design component of a professional services contract with Klotz Associates for the Bayport Container Terminal gate expansion and approved amending an agreement with TxDOT/Harris County for a $1.08 million […]

Proposal to appoint new member of the Supervisory Board of Fugro N.V.

Friday, Jan 30, 2009

The Supervisory Board of Fugro N.V. proposes to recommend to the Annual General Meeting of Shareholders of Fugro N.V., which takes place on 7 May 2009, the appointment of Mrs. Marion Helmes as a member of the Supervisory Board. Mrs. Helmes will succeed Mr. P.J. Crawford who will step down from the […]

Chevron Announces $22.8 Billion Capital and Exploratory Budget for 2009

Friday, Jan 30, 2009

Upstream spending estimated at $17.5 billion, reflecting an excellent queue of crude oil and natural gas projects
Downstream budget of $4.3 billion includes outlays for a continued focus on reliability and flexibility of U.S. refineries

SAN RAMON, Calif., Jan. 29, 2009 – Chevron Corporation (NYSE: CVX) today announced a $22.8 billion capital and exploratory […]

Subsea 7 Provide Financial Calendar Update - Forth Quarter 2008 Results

Thursday, Jan 29, 2009

Subsea 7 Inc. will release its fourth quarter and preliminary year end results for 2008 on Tuesday 3 February 2009.  A copy of the earnings release and presentation will be available on the Oslo Stock Exchange (ticker code: SUB) and on the Subsea 7 Inc. website www.subsea7.com from 0900 hours Central European […]

Cecon finalizes engineering of new pipelay system

Thursday, Jan 29, 2009

Cecon has finalized the detail engineering of the Pipe Lay Ramp for one of the most versatile systems in the industry. Flexible pipes and rigid pipe will be deployed through the same pipe lay ramp. 

SABIC Innovative Plastics Completes Portfolio of Valox* SHF Resins, Enabling Electrical & Automotive Part Manufacturers to Go with the Flow

Thursday, Jan 29, 2009

Today electrical/electronic part designers are pulling their hair trying to shoehorn more functionality into ever-smaller spaces and reduce system costs. One way to do both is to relax and go with the flow. Super High Flow resins enable thinner-wall parts that accommodate more capabilities. They also speed up processing and cut costs […]

DuPont Enters 2009 with Strong Cash Position; Drives Productivity and Cash-Generating Actions

Thursday, Jan 29, 2009

Highlights

• In a challenging environment, DuPont ended 2008 with a strong balance sheet, delivering solid cash performance of $1.1 billion free cash flow, in line with company targets.