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August 10, 2021

Baker Hughes to supply Chevron’s Gorgon facility with subsea compression manifold- oil and gas 360

Baker Hughes to supply Chevron’s Gorgon facility with subsea compression manifold

August 10, 2021

World Oil HOUSTON – Baker Hughes has been awarded a contract from Chevron Australia Pty Ltd to deliver subsea compression manifold technology for the Jansz-Io Compression (J-IC) Project. Driven by Baker Hughes’ Subsea Connect early engagement approach, Baker Hughes will provide Chevron with a subsea compression manifold structure (SCMS) including module and foundation, as well as the latest optimized version

Reliance joins Bill Gates, others to invest $144 mln in U.S. energy storage co

August 10, 2021

Nasdaq BENGALURU – Indian oil-to-telecoms conglomerate Reliance Industries Ltd RELI.NS said on Tuesday it would invest $144 million in U.S. energy storage company Ambri Inc, along with billionaire Bill Gates, investment management firm Paulson & Co and others. The investment comes months after Reliance unveiled a $10 billion green energy plan in its drive to become a net carbon zero company by

Oil rises as market shrugs off virus impact-oil and gas 360

Oil rises as market shrugs off virus impact

August 10, 2021

Reuters LONDON – Oil prices rose on Tuesday, recouping some of their losses in the previous session, as rising demand in Europe and the United States outweighed concerns over an increase in COVID cases in Asian countries. Brent crude was up 64 cents, or 0.9%, at $69.68 a barrel by 1329 GMT, and U.S. oil rose 79 cents, or 1.2%,

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