Russian state nuclear company Rosatom is prepared to launch the world’s first floating nuclear plant in the Arctic Ocean, which it describes as being ‘based on the application of advanced nuclear technology.’
read more... 06/08/2019
Global technology company Siemens has received a contract to deliver a power island for the new Yerevan 2 combined cycle power plant (CCPP) in Armenia.
read more... 01/07/2019
Crude oil prices plunged on Thursday, heading for a 6-month low, weighed by fears that the prolonged trade dispute between U.S. and China is turning into a technology cold war, or a threat to the global economic growth. Weaker U.S. data, swelling U.S. crude inventories and softer global demand outlook due to the easing U.S.-Iran tensions put more pressure on prices. WTI futures plummeted by 5.7% to 57.91 USD/bbl, while Brent crude price dipped by 4.6% to 67.76 USD/bbl.
read more... 24/05/2019
Saudi Arabia is trying to develop manufacturing, services and technology businesses to move beyond crude oil sales for most of its revenue
read more... 29/04/2019
Greece’s Regulatory Authority for Energy (RAE) has awarded 437.78 MW of power generating capacity in its recent mixed-technology renewable energy tender, with Juwi Hellas securing 47% of the total volume.
read more... 24/04/2019