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Northern Ireland Electricity purchased by Electricity Supply Board.

The state-owned Electricity Supply Board (ESB), purchased Northern Ireland Electricity (NIE) from Arcapita Bank-owned Viridian Group. The acquisition amount was around £1.2bn.

read more... 23/12/2010

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Kuwait Petroleum International Lubrificants awards Foster Wheeler AG.

Foster Wheeler AG has won the contract with Kuwait Petroleum International Lubrificants for its outstanding contribution in providing engineering services for a brown field lube oil blending plant. The plant was built in Antwerp, Belgium with the support of Kuwait Petroleum.

read more... 22/12/2010

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Shell interested a gas deposit in Ukraine.

Shell is interested in a potential gas deposit in Ukraine, in the Donetsk-Dnepr basin, which will represent a development offer according to the production-sharing agreements.

read more... 22/12/2010

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Shell and Qatar Petroleum joined in a $6 billion petrochemical Project

Shell, the biggest investor in Qatar and Qatar Petroleum signed today a contract for $6 billion concerning a petrochemical project. The project involves the building of a 1.5 million-metric-ton monoethylene glycol plant by 2016 in the industrial city Ras Laffan.

read more... 21/12/2010

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India and Russia in a common privatization program.

Indian companies want to participate in the Russian privatization program which will take place from 2011 till 2013.

read more... 21/12/2010

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