Latest news
Siemens inks 8 billion euro electricity agreement with Egypt
German industrial firm Siemens inked an 8 billion euro agreement ($9 billion) with Egypt on Wednesday to provide gas and wind electricity plants to increase the North African country's power production by 50 percent.
read more... 04/06/2015
Daily: Europe power forward prices diverge tracking volatile fuel price trends
Crude oil prices declined by about 3 percent on Wednesday as traders and investors ignored a fifth consecutive weekly fall in U.S. crude inventories to concentrate instead on a big increase in distillates, including diesel as the peak season for road travel is arriving. Brent crude fell $1.69, or 2.6 percent, to close at $63.80 a barrel. U.S. crude tumbled 2.6 percent, or $1.62, to close at $59.64.
read more... 04/06/2015
ABB will provide electrical systems for two waste-to-energy facilities in Europe
ABB has obtained a deal to provide an ample electrical and control system for the new Severnside Energy Recovery Centre in England and a waste-to-energy plant in Poznan, Poland.
read more... 04/06/2015
Russia’s Novatek inks LNG supply agreement with France’s Engie
Russia's No.2 gas producer Novatek has inked a long-term agreement with France's Engie on providing liquefied natural gas (LNG) from its future Yamal LNG project, an accord which almost finalizes the project order book.
read more... 03/06/2015
Gazprom declares China begins constructing part of Power of Siberia
China initiated construction last week of a pipeline to obtain Russian gas, as declared by Russian state gas firm Gazprom on Tuesday.
read more... 03/06/2015