A subsidiary of Chinese state oil giant China National Offshore Oil Corporation (CNOOC) has inked a $1.6 billion engineering deal to build equipment for a liquefied natural gas (LNG) project in Siberia, the company declared on Wednesday.
read more... 14/07/2014
The French manufacturer Alstom inked a deal on Monday with Brazilian electricity firm Tractebel Energia, a private power generator, to deliver 36 units of ECO 122 wind turbines to Trairi II project, a wind farm located in Ceara State, Northeast of Brazil.
read more... 08/07/2014
Both crude oil benchmark contracts dropped on Thursday as supply worries started to attenuate after Libyan government has reached a deal with rebels to end the oil crisis that has curbed exports from the OPEC member. Brent hit a session low of $110.53 before paring losses ahead of the settlement. U.S. oil slipped 42 cents to close at $104.06 a barrel, after plunging as low as $103.67 earlier in the session, posting a three-week low.
read more... 04/07/2014
Austria’s OMV and Russia’s gas giant Gazprom signed on June 24 an agreement envisaging the parties' cooperation in the construction of the South Stream gas pipeline, the Austrian section.
read more... 26/06/2014
French government has finally reached an agreement to buy a 20-percent stake in engineering giant Alstom from construction firm Bouygues on Sunday, meeting a condition established by Paris to support a General Electric (GE) deal to purchase Alstom’s energy business for 12.35 billion euros.
read more... 23/06/2014