According to the recent reports, the Russian gas export monopoly Gazprom aims to launch a project to build new gas pipelines from Russia to Europe in order to meet the growing demand by EU countries.
read more... 22/02/2012
Gazprom, Europe’s main supplier of natural gas is planning to invest between 200 million and 300 million euros to double its underground natural gas storage in order to make sure the Siberian cold doesn’t freeze up pipelines, Gazprom Deputy CEO Alexander Medvedev said on Wednesday.
read more... 17/02/2012
The German multinational conglomerate company Siemens has received another major order from the combined cycle power plant (CCPP) in Saudi Arabia, IPP Qurayyah, involving the supply of key components worth over $1 billion.
read more... 08/02/2012
Russia has recently revealed its plan to soar its annual coal production by 30% to 430 million tons by 2030, in order to meet the increasing domestic and international demand.
read more... 26/01/2012
The UK energy watchdog Ofgem announced that it is on the way to approve a significant investment of £7.6 billion in order to connect new Scottish wind farms and other renewable energy power sources to the UK grid.
read more... 26/01/2012