Fuel and energy

The JMMC met in St. Petersburg for its fourth meeting on 24 July 2017 to review the June 2017 report as well as the first six months of the Declaration of Cooperation, as submitted by the JTC.

Total gas consumption was around 114bn m2 in January-June, up by 11.7pc from the same period last year, according to the NEA, part of top economic regulator the NDRC.

Schlumberger Announces Second-Quarter 2017 Results

A regular meeting of the Board of Directors of PJSC TATNEFT, chaired by R.N. Minnikhanov, President of the Republic of Tatarstan, was held in Kazan on July 21, 2017.

Husky (TSX:HSE) generated funds from operations of $715 million in the second quarter, leading to free cash flow of $135 million.

Computations generated on seismic prospecting, flow simulation, geo-mechanics and fracturing modelling will reduce calculation times by two- to four-fold, as well as allowing greater volumes of data to be processed.

The loan will be used to renew and expand the distribution network used by Liander, a subsidiary of Alliander, to supply electricity to consumers.

Yokogawa Electric Corporation announces the acquisition of TechInvent2 AS, a Norwegian enterprise that holds the rights to FluidCom, a chemical injection metering valve (CIMV).

Sumitomo Corporation has acquired 47.6% of the shares of the wood pellet manufacturer Pacific BioEnergy Corporation  and made its entry into the wood pellet manufacturing business in Canada