BP, an energy producer, has selected Schneider Electric, a digital transformation of energy management and automation provider, as one of its main electrical contractors (MEC) in a five-year global framework agreement
Industry
Greater flexibility is vital to LNG infrastructure: DNV GL
The vast majority of professionals working in the LNG sector believe that more investment is needed in LNG infrastructure to satisfy forecasts for growing global demand after 2025
Endress+Hauser Group submits 287 patents in 2018
As reported during the annual innovators’ meeting held this year in France, the Endress+Hauser Group submitted 287 initial patents in 2018
Political uncertainty will weaken Algeria’s growth outlook: Moody
Moody’s rating agency has said that prolonged political uncertainty in Algeria will undermine growth prospects and weigh fiscal and international imbalances
New OPEC+ cuts are needed to prop up oil prices: Rystad Energy
As oil prices approach US$70 a barrel, Rystad Energy expects that a short-lived price rally through the first half of 2020 will then lose momentum and be replaced by a need for additional production cuts by Russia and the cartel of oil producing countries, OPEC
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