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Wednesday, November 25 - 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 $38m contract in Saudi

Saudi Arabia: 18 hours, 41 minutes ago
Power and automation technology group ABB has secured a $38m contract from Saudi Electricity Co, the kingdom's national power transmission and distribution utility, to improve the efficiency of 22 power distribution substations. ABB will design, engineer, supply, install and commission the equipment. The project is expected to be completed by 2011.

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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.