The British government said on Monday it plans to amend the latest draft of its proposed energy capacity market to exclude long-term subsidies for ageing coal plants, succumbing to the pressure from environmental campaign groups.
read more... 05/08/2014
Thousands of workers (about 90%) of the Italian multinational oil and gas company Eni joined to a strike call on Tuesday in an effort to save the jobs put at risk by the threatened closure or converting of some oil refiners owned by the Italian giant.
read more... 30/07/2014
French engineering conglomerate Alstom won agreements estimated at approximately 335 million euros ($450.24 million) to equip an Iberdrola power plant in Mexico, according to company’s declaration on Monday.
read more... 29/07/2014
The Japanese government has unveiled its support for the development of coal-fired power worldwide, by providing an annual investment of $4 billion. The move is neglecting calls from the Obama administration and global environmental groups to reduce public funding for carbon-intensive coal.
read more... 24/07/2014
French engineering group Alstom alongside BrightSource and NOY Infrastructure & Energy Investment Fund secured loans from the European Investment Bank and the Bank Hapoalim for the construction and operation of the Ashalim Thermal Solar Power Station in Israel.
read more... 15/07/2014