Brent crude prices will average higher in the second half of 2019 than the US$66.31 per bbl average achieved during the January to June period, according to 54 per cent of those polled in GIQ’s monthly Energy Market Survey in June
Industry
Saudi Aramco, Baker Hughes sign JV for non-metallic materials
Saudi Aramco and Baker Hughes, a GE company (BHGE), have signed a Memorandum of Understanding to create a new joint venture facility in Saudi Arabia to manufacture non-metallic materials to be used in a variety of areas of the energy industry
Faccin provides accuracy and productivity in production of pressure vessels
Javier Lanfranchi, sales area manager, Faccin SpA, explains how Faccin provides accuracy and productivity in the production of pressure vessels
ExxonMobil, Global Thermostat announce carbon capture partnership
ExxonMobil and Global Thermostat have signed a joint development agreement to advance technology capable of capturing and concentrating carbon dioxide emissions from industrial sources, including power plants, and the atmosphere
MaK launches maritime propulsion system to ensure fuel savings
MaK Middle East, Caterpillar Motoren’s operator, announced a new eco-friendly and fuel-efficient maritime propulsion system with its LNG engines