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Nigeria, Siemens Seal Deal to Deliver 11,000MW in 2023

President Muhammadu Buhari and the global Chief Executive Officer of a German company, Siemens AG, Joe Kaeser, yesterday signed an agreement to nearly triple Nigeria’s electricity generation from the average 4,000 megawatts to 11,000 megawatts in 2023.

read more... 23/07/2019

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Equinor increases stake in Gulf of Mexico oilfield

Norwegian oil company Equinor has increased its stake in the Caesar Tonga oilfield in the U.S. Gulf of Mexico by buying Royal Dutch Shell’s 22.45% stake for $965 million in cash.

read more... 14/05/2019

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Siemens partners with AES to develop Fluence energy storage project

Siemens and AES have joined forces to develop new energy storage technology named Fluence, with both having equal share of the holdings and control over it.

read more... 12/07/2017

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French and US utilities join together to sell LNG

French and US utilities have teamed up to sell liquefied natural gas (LNG) in Central America. ENGIE and AES will use the Costa Norte LNG terminal presently under construction in Panama.

read more... 15/05/2017

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Mexico: IEnova wins two solar agreements in energy auction

The Mexican division of Sempra Energy, Infraestructura Energetica Nova, obtained the rights to develop two solar power projects at auction on Wednesday, accumulating 141 megawatts and $150 million in estimated investment, as stated by the company.

read more... 29/09/2016

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