The surge in oil supplies that has crushed prices is prompting some refiners in Asia to buy more crude that can be delivered immediately rather than at some future date, adding to pressure on sellers. With OPEC pumpin...
Official figures show Japan’s imports of crude oil from Iran saw a major plunge in April. Figures show the country imported 72,000 b/d of Iranian oil in the month. This is about 72% lower than imports in March that st...
The release has been designed to significantly reduce engineering of large geographically dispersed systems, which requires both a different engineering approach and central managed deployment, said a statement. The i...
Japan’s Mitsubishi Corp and Tokyo Electric Power Co (Tepco) said on Monday they had won a contract to build a 300 billion yen ($2.5 billion) gas-fired power plant in Qatar, as Japan steps up investment in infras...
Technip, in partnership with Unico, a Japanese engineering consultant, has been awarded a project management consultancy (PMC) contract on a reimbursable basis, for the upgrading of the Basra refinery. This contract, ...
Inpex Corporation has acquired a 5% participating interest in the ADCO Onshore Concession in Abu Dhabi. The acquisition is based on a 40-year agreement with the Supreme Petroleum Council of the Emirate of Abu Dhabi an...
Japanese oil and gas developer Inpex Corp is in final adjustments to obtain a five per cent stake in a new concession to help operate the United Arab Emirates’ biggest oilfields for $1.1 billion, public broadcaster NH...
Toshiba Corporation has opened the ‘Toshiba Group Hydrogen Energy Research & Development Center’ (HRDC) at its Fuchu Complex in western Tokyo, Japan. The new centre will concentrate on group-wide initiatives to re...
Doha Bank hosted a knowledge sharing session “Opportunities in Qatar” at Mandarin Oriental Tokyo, Tokyo on 3rd April 2015. The key dignitaries who participated in the event include H.E. Hassan Al-Hemaidi, ...
Mitsubishi Hitachi Power Systems (MHPS) has received an order from the Ministry of Electricity of Iraq for refurbishment of a 200MW unit (Unit 4) at the Hartha Thermal Power Station. The refurbishment work, scheduled ...