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Siemens to invest in construction of its first offshore wind production facility in Germany

German engineering giant Siemens unveiled its plans to invest about €200m in the construction of its first production facility for offshore wind turbine components in Germany.

read more... 06/08/2015

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China expected to add over 1 GW of solar capacity

China is expected to add over 1 GW of solar capacity, as the development of two massive projects gets underway.

read more... 06/08/2015

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BP focuses new investments on North Sea development

British oil giant BP aims to invest $1 billion (£640 million) developing key North Sea assets, at a time when other oil companies want to quit the ageing UK North Sea basin.

read more... 06/08/2015

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RWE to cut back its units to restructure its business

The largest power generator in Germany RWE envisages slashing its middle-management and to trim by about more than half from its 100 local subsidiaries in order to deal more promptly to the country’s energy sector revolution.

read more... 05/08/2015

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Egypt expected to purchase 7.79m tonnes of LNG this fiscal year

Egypt’s planning ministry unveiled it envisages importing 28.6 million tonnes of crude oil, liquefied natural gas (LNG) and other oil products worth a total of almost $16 billion in 2015-16.

read more... 04/08/2015

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