France’s Alstom, a world leader in transport infrastructure, power generation and electrical grid, has entered a 51/49 joint venture with Russia’s Soyuz Holding to manufacture and commercialize high voltage switchgear in order to modernize the Russian electrical grid. This agreement follows the memorandum of understanding signed in 2011.
read more... 26/06/2014
The Italian government has published in the country’s Official Gazette a draft decree introducing retroactive cuts for PV incentives.
read more... 26/06/2014
Brent crude declined on Wednesday as concerns about supply disruptions from Iraq eased, while WTI crude oil climbed on news that the U.S. federal officials approved exports of condensate, an ultra-light oil.
read more... 26/06/2014
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
The number of patents put in place for new shale extraction technology hit a record high in 2013 since oil and gas firms fought for managing intellectual property in the emergent industry, as shown by a research.
read more... 25/06/2014