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BP invested $33 billion in Azerbaijani energy fields

The British energy giant, BP has invested $33 billion in developing Shah Deniz and the Azeri-Chirag-Guneshli (ACG) field, which will involve as well the construction of the Baku-Tbilisi-Ceyhan and the South Caucasus pipelines.

read more... 04/11/2011

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Russia to build two nuclear power plants in Bangladesh

Russia and Bangladesh signed an intergovernmental agreement on November 1st, involving the construction of the first nuclear power plant in the South Asian country.

read more... 03/11/2011

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Largest Biomass Gasification plant to be built in Finland

Finland announced the construction of the largest biomass gasification plant with a total capacity of 140 MW running mainly on forest residues for fuel. It will be situated next to a coal fired power plant and is planned to be operational by end of 2012.

read more... 26/10/2011

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The Longannet carbon project on the way to collapse

The UK government announced that it cancelled the plans to invest £1bn in the construction of the Carbon Capture and Storage (CCS) project at Longannet in Scotland, blaming that the technology is too expensive and stating that the new project does not meet the Britain’s ambition to become a clean technology leader.

read more... 25/10/2011

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Belarus: first step in nuclear

Belarus has launched a foreign tender as it envisages the construction of two nuclear plants within 10 years, project that is worth about $9 billion.

read more... 18/10/2011

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