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Farsound Aviation wins lucrative contract with TS&S Aerospace

Abu Dhabi / WAM MRO supply chain and logistics company, Farsound Aviation, has secured a multi-million-dollar contract renewal with Turbine Services and Solutions (TS&S) Aerospace, a specialised and leading maintenance, repair and overhaul provider for aircraft engines located in Abu Dhabi. The contract represents the renewal of an existing agreement and business relationship between the two organisations. David Skinner, Managing ...

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BP, Reliance to revive India gas production, expand fuel sales

Bloomberg BP Plc and Reliance Industries Ltd. will invest as much as $6 billion to revive gas output from offshore India and plan to expand their partnership to sell transport fuels amid efforts to boost the use of cleaner-burning energy in the world’s demand growth center. The companies are resuscitating a partnership born in 2011, encouraged by several government reforms, ...

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Summer heat set to bolster biggest US gas rally since April

Bloomberg Summer is about to kick in, and that’s good news for US natural gas bulls. Gas futures jumped 4.2 percent, the steepest one-day gain in 10 weeks, after a government report showed stockpiles grew less than expected. Prices could extend gains given forecasts for unusually warm weather that’s set to sweep across most of the lower- 48 states in ...

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