Wärtsilä Norway AS is a wholly owned subsidiary of Wärtsilä Corporation in Finland. Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 18,000 professionals manning 160 Wärtsilä locations in 70 countries around the world.
Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
Maersk Oil is aiming to grow by exploration and new business activities in Norway and is looking for a skilled and committed geoscientist (5 to 12 years of experience) for the office in Stavanger, Norway.
Thorvik International Consulting AS provides services for European energy and environment industries, in recruitment, strategy and government affairs work.
Taiwan-based China Petroleum Corporation (CPC) has announced pre-tax earnings for the first six months of the year of $342.4 million, with the company denying that oil price fixing had contributed to the revenue jump.
CPC was reacting to reports that said the company had made huge profit windfalls at the expense of ordinary customers as a result of its fuel floating pricing mechanism.
“The criticism is unfair,” chairman Pan Wen-yen said, adding that the company’s revenue had come from overseas oil exploration and investments in petrochemicals and other industries, as well as sales of lubricant products.
Pan pointed out that as the floating pricing mechanism was decided by the Ministry of Economic Affairs, CPC was not in a position to change it.
Pan said the floating pricing mechanism, which allows the CPC to peg its fuel prices to international crude oil price fluctuations to better reflect its costs and market forces, should be maintained to encourage energy conservation.
Nevertheless, he said the mechanism can be adjusted in some ways to mitigate its adverse impact on certain services and maintain domestic price stability, Asia Pulse reported.