by admin | Apr 14, 2016 | Constuction & Business News, Energy News, Mining News
Forty of India’s biggest energy companies are being investigated by a wing of the Union Ministry of Finance for over-invoicing of imported coal. The artificially higher prices of coal have been passed on to electricity consumers across the country. The scam is...
by admin | Apr 13, 2016 | Constuction & Business News, Energy News
Saudi Aramco is constructing the Jizan Refinery and Terminal project in the Kingdom of Saudi Arabia. The refinery is scheduled to begin operation in 2017. Mammoet, the world’s largest service provider specializing in engineered heavy lifting and transport, is...
by admin | Apr 13, 2016 | Constuction & Business News, Energy News, Mining News
Peabody Energy, the world’s largest private sector coal miner, announced that it has filed for Chapter 11 bankruptcy protection. Amidst an industry which is reeling from low production and demand, and facing an upsurge in both gas and renewable energy electricity...
by admin | Apr 12, 2016 | Energy News
Wind turbine construction in the United States has rebounded to its highest level in three years,according to a report Tuesday by the American Wind Energy Association. More than 8,500 megawatts of wind power capacity was built last year, almost double the 2014 tally....
by admin | Apr 12, 2016 | Energy News
The world’s largest oil and gas companies have addressed the nation’s biggest liquefied natural gas (LNG) conference and predicted a bright future for the industry despite decade-low prices. John Watson, the head of US oil and gas giant Chevron, said...
by admin | Apr 11, 2016 | Crane & Lifting News, Energy News, Manufacturer News
Integrated Logistics has purchased 24 Grove all-terrain units from Manitowoc Cranes. The latest additions will be used to drive growth within the petrochemical, oil, and gas sector, according to the Kuwait-headquartered rental outfit. Integrated’s latest...