BHP Billiton today launched the Five Rivers Conservation Project in partnership with the Tasmanian Land Conservancy and Conservation International, pledging A$13.4 million for conservation and ongoing management of 11,000 hectares of land in Tasmania, Australia.
Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth, Rex W. Tillerson, chairman and chief executive officer, said today.
BP today announced its intention to establish a separate business to manage its onshore oil and gas assets in the US Lower 48.
Foster Wheeler AG announced today that Foster Wheeler USA Corporation, a subsidiary of its Global Engineering and Construction Group, has signed a collaboration agreement with Tecnimont USA Inc., a subsidiary of Maire Tecnimont S.p.A., for front-end engineering (FEED) design, detailed engineering, procurement and construction (EPC) of petrochemicals, chemicals and fertilizer facilities
AREVA initiated this week the project for the construction of the Mining Innovation Center at its Bessines site (Limousin, France). This facility for mining research and expertise represents an investment of 33 million euros and will entail the construction of a new building.
Foster Wheeler AG (Nasdaq:FWLT) (“Foster Wheeler” or the “Company”) today announced that it has entered into a definitive agreement with AMEC plc (“AMEC”) pursuant to which AMEC will make an offer to acquire all the issued and to be issued share capital of the Company.
Woodside and the Leviathan Joint Venture participants, Noble Energy Mediterranean Ltd, Delek Drilling LP, Avner Oil Exploration LP and Ratio Oil Exploration (1992) LP, have agreed to convert a previous inprinciple agreement for the potential acquisition of an interest in the Leviathan field into a non-binding Memorandum of Understanding (MoU).
The Crosstex Energy companies, Crosstex Energy, L.P. (NASDAQ: XTEX) (the “Partnership”) and Crosstex Energy, Inc. (NASDAQ: XTXI) (the “Corporation” and, together with the Partnership, “Crosstex”), today announced that the Partnership is continuing to expand its gas gathering and processing capabilities in the Permian Basin through a new long term, fee-based agreement
Mitsubishi Heavy Industries, Ltd. (MHI) has concluded an agreement with Odense Maritime Technology A/S (OMT) of Denmark, a provider of ship design services, on collaboration in ship engineering business. By combining the two companies' abundant track records in shipbuilding business, MHI and OMT are targeting speedy development of diverse ship types in a quest to expand their licensing business.
NRG Energy Signs Deal With Virgin Limited Edition To Power Necker Island With A Renewable Energy-Driven Micro-Grid Solution
NRG Energy, Inc. (NYSE:NRG) and Virgin Limited Edition announced today the entry into a cutting-edge Diesel Reduction Agreement for the provision of renewable power to Necker Island.