Fuel and energy

GE (NYSE: GE) today announced a multi-year agreement with PT Pembangkitan Jawa Bali (PJB), the largest subsidiary of Indonesia’s national power utility PT PLN, to design a REMDOC in Surabaya, which is expected to go live October 2017.

RAEX (Expert RA) credit rating agency assigned PJSC Tatneft a nonfinancial company creditworthiness rating of ruAAA. The outlook for the rating is stable.

«Green seismic» technology, which leads to lower tree felling in seismic prospecting operations, is being prepared for roll-out across Gazprom Neft assets.

ADB has subscribed to 123 million shares worth $57.7 million of an initial public offering of Thailand’s B. Grimm Power Public Company to develop renewable energy projects in Southeast Asia.

An independent national survey has named Consumers Energy as a "Most Trusted Brand," ranking it fourth in the nation among providers of electricity and natural gas among residential customers.

Statoil and partners ENI and Petoro have made a small gas discovery in the Blåmann well, between the Snøhvit and Goliat fields in the Barents Sea. Recoverable volumes are estimated at 1.5-3 billion standard cubic metres (BCM), approximately 10-20 million barrels of oil equivalent (BOE).

Vladimir Verkhovtsev, General Director of JSC “Atomredmetzoloto” arrived in Kurgan Region to hold a meeting as a part of his business trip itinerary.