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January, Wednesday

Science and Technology

Caterpillar introduces new Tier III emissions certified offshore engine

Caterpillar Oil and Gas announced the IMO Tier III emissions certified C15 ACERT offshore engine rated at 403 bkW (540 bhp) and 433 bkW (580 bhp).

ExxonMobil develops new technology to dehydrate natural gas

The company announced its development of cMISTTM technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology.

Analytics

Oil falls on China concerns

Oil prices fell on January 13, 2017 and were on track to end the week lower on lingering doubts over the extent of Opec cuts, with sentiment worsened by concerns over the economic health of the world's 2nd-largest oil consumer China after it reported the steepest falls in overall exports since 2009.

Turkmenistan takes tough measures: Analysis

Turkmenistan's reported decision to cut gas supplies to Iran highlights 2 massive issues: the country's lack of hard cash and the problems of a landlocked producer trying to sell its gas in a buyer's market.

Daily news

Top News

IMF: Oil-rich Russia needs either-or economic policies

Russia needs to ensure its economy is braced for an oil shock in either positive or negative terms, a deputy at the International Monetary Fund said.

Question of the week

Will the russian Turkish stream be launched, or an apology to Erdogan is not enough?

poll archive

People

Yanovsky Anatoly Borisovich
Deputy Minister of Energy of the Russian Federation
Kruglov Andrey
Deputy Chairman of the Management Committee of Gazprom
Ivanov Sergei Borisovich
Special Presidential Representative for Environmental Protection, Ecol..
Berezhnoi Mikhail Pavlovich
General director of LUKOIL-Garant non-state pension fund
Campbell David
President of BP Russia

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