Johan Sverdrup ramps up oil production at below US$ 20/barrel
The North Sea Johan Sverdrup field expects to reach plateau production for the first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from around 440,000 barrels of oil per day to around 470,000 barrels per day.
Vallourec strengthens its partnership with Baker Hughes
Vallourec provides threading services at Baker Hughes the energy technology company facilities in Singapore. Previously, the threading of VAM® connections was performed by the customer under license.
WELTEC BIOPOWER builds a biogas plant near Seoul
In autumn 2020, WELTEC BIOPOWER starts building a biogas plant in South Korea. The plant is being set up in the province of Gyeonggi-do, and will transform biogas into heat in an integrated gas boiler.
Stainless steel bar and wire project starts operation
Recently, the Fujian Provincial Development and Reform Commission issued the review opinions on the energy-saving review of the stainless steel bar and wire processing project of Fujian Tsingtuo Group.
European Commission to reduce emissions by 55% by 2030
The European Commission has published recently its revised target to reduce emissions by 55% by 2030, compared to 1990 levels.