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BP takes delivery of 6 new LNG tankers

Green Car Congress

BP also participates in LNG projects in Australia, UAE, Indonesia, Trinidad and Angola. The 2017 BP Energy Outlook forecasts that global LNG trade will grow seven times faster than pipeline gas trade, such that by 2035 it accounts for around half of all globally traded gas.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Major capital investments include developments in Australia, the deepwater Gulf of Mexico, Nigeria, Angola and China. Angola: Angola LNG and development of Mafumeira Sul. million barrels per day. Spending of $28.5

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Total and partners launch $16B ultra-deep Kaombo project offshore Angola

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Total and its joint venture partners have made the final investment decision to develop the ultra-deep offshore Kaombo project in Angola. Following an intensive optimization exercise, the project’s capital expenditure to reach full capacity was reduced by $4 billion to $16 billion, with an expected start-up in 2017. Location of Kaombo.

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New Award Recognizes IEEE Society’s Work in DEI

Cars That Think

The IEEE Life Fellow was elected the 2016–2017 society president and 2021 Division II director. IEEE IMS in 2017 launched a three-year Africa initiative because it decided it needed more representation on the continent. It then took a decade until a second woman was selected to serve. A chapter in Ghana is in the process of forming.

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

Green Car Congress

CME Brent oil futures project continuity: as of August 18, 2015, CME Brent futures projected the price remaining below $60/bbl until June 2017. Presumably swayed by Saudi equanimity, financial markets do not see the Saudis abandoning their current policy before, during, or after the upcoming OPEC meeting. percentage points.