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Hyundai Heavy wins a major-FPSO deal from BP

Hyundai Heavy Industries, the world’s largest shipbuilding company has landed a huge FPSO (floating production storage and offloading) new building order from European oil major, BP. It is the first FPSO order in the world market which is worth around $1.2 billion.

read more... 01/03/2011

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High temperature superconducting hydropower generator developed by Converteam

A high temperature superconducting hydropower generator was developed by Converteam that could also be used for wind power technologies.

read more... 01/03/2011

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China reduced its energy consumption per unit of GDP by 4.01% in 2010

According to the latest data of the National Bureau of Statistics (NBS), a drop of 4.01 percent of China's energy consumption per unit of gross domestic product occurred in 2010 as compared to the previous year.

read more... 28/02/2011

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Daily Energy Overview, Monday, February 28, 2011

Brent oil closed the week above 112 dollars a barrel on Friday, on unstable situation in Libya, down from the 2 ½ year utmost level registered on Thursday following Saudi Arabia’s decision to augment its oil output to level the market.

read more... 28/02/2011

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US Air Force to purchase more green power over the next years

United States Air Force makes steps into using more green power with its “Air Force Infrastructure Energy Implementation Plan”.

read more... 28/02/2011

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