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Saturday, November 7 - 2009

Energy, oil and gas

As the increasing price of oil, gas and other commodities affects businesses and economies around the world, make sure that you get the latest energy, oil and gas news and developments.

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ABB wins deal for Abu Dhabi crude pipeline

United Arab Emirates: 7 hours, 29 minutes ago
Power and automation technology group ABB has inked a $21m deal with EPC contractor China Petroleum Engineering & Construction Corporation (CPECC) to supply an integrated electrical system for the Abu Dhabi Crude Oil Pipeline project, Gulf News has reported. The pipeline project aims to transport an estimated 1.5 million barrels of crude oil per day to the main terminal in Fujairah in the northern emirates.

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Shell could look to partner with Chinese companies in Iraq projects

Shell's Chinese connection in Iraq

Iraq: Thursday, April 16 - 2009 at 16:13
China's hunger for commodities, as well as its lack of squeamishness when investing in political hot potatoes, could make it the ideal partner for Royal Dutch Shell in Iraq. On Tuesday, Shell's outgoing chief executive Jeroen van der Veer was cited as saying that 'Chinese companies' were part of the process when it came to finding partners to help bid for Iraqi oil contracts.