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New Joint Venture between Novatec and Gazprom to develop Yamal gas and oil field

Novatec formed a Joint Venture with the Russian energy state company Gazprom to develop the Yamal oil and gas field. Each company holds 50% in the venture.

read more... 29/07/2010

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The Solar Thermal Energy turns profitable

The Solar Thermal Energy (STE) enters into another phase of its development. Now the forecasts for STE are to drop costs by 50% in the next 15 years, and to become competitive without incentives.

read more... 29/07/2010

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Alstom renewed its gas turbines maintenance contract for Gas Natural Fenosa plants

Alstom renewed its contract with Gas Natural Fenosa for the operation, the maintenance and the inspection of its combined cycle units in Sant Adria del Besos and San Roque power plants, in Spain.

read more... 29/07/2010

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Oil prices cannot break through $80 barrier

The oil prices failed to break the $80 mark resistance. After a short rally last sessions, the crude barrel ended with gains up to $79, after the release of new economical data

read more... 28/07/2010

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Costs for building the experimental fusion reactor in Europe twice higher than initial calculations

A new delay was announced concerning a multi-billion-dollar nuclear fusion project International Thermonuclear Experimental Reactor (ITER), which is expected to start operating by 2019.

read more... 28/07/2010

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