Oil

Thermal Plant

CEB Runs After Suppliers to Fuel Thermal Power Generators

The Ceylon Electricity Board is seriously considering available options in purchasing furnace oil or diesel from international suppliers such as Lanka IOC other…

PDPU to Rope in Oil Companies to Harness Geothermal Energy

The state is now exploring geothermal renewable energy and it is ready to set up its first geothermal power plant of 10-20 kilowatt capacity.

Occidental Inks $8.8 Billion Deal to Sell Anadarko's African Oil and Gas Assets to Total

Occidental is competing with Chevron, a much larger rival, to take over Anadarko. Occidental would sell Anadarko’s assets in Algeria, Ghana, Mozambique and Sou…

Trump Issues Updated Presidential Permit for Keystone XL Pipeline

The move was seen as an attempt to jump-start the project’s construction after a federal judge in Montana blocked it in November and ordered further environmen…

Johan Sverdrup Offshore Installation Completed On Schedule

During phase 1, Johan Sverdrup will produce 440 Mbopd when plateau production is reached, increasing to 660 Mbopd after phase 2 commences in the fourth quarter …