Latest news
Scottish government gives the green light to a new wave of offshore wind projects
The Scottish government has given the green light for the development of the four offshore wind power plants, which could generate enough electricity to supply over 1.4 million of households.
read more... 21/10/2014
Novatek calls for more state support for LNG project since China negotiations tumble
Novatek, Russia's second major gas producer which is under U.S. sanctions, is demanding the government for 150 billion roubles ($3.67 billion) in support after fighting to obtain funds from Chinese banks, as published in the Kommersant newspaper on Friday.
read more... 17/10/2014
Statoil: Shah Deniz stake sold for $2.25 billion to Petronas
Norway's Statoil has vended a stake of 15% in the Azeri gas project Shah Deniz to Malaysia's Petronas for $2.25 billion, the newest asset the company is vending to guard its cash flow and profits to shareholders.
read more... 13/10/2014
EC authorizes UK’s projected Hinkley Point C nuclear power plant
UK Government and EDF Group obtained European Commission (EC) approval for their accords to build new £24.5bn nuclear power station at Hinkley Point C in Somerset.
read more... 10/10/2014
Abu Dhabi’s ADWEA and GDF Suez inked a deal for $1.5 billion Mirfa IWPP funding package
Abu Dhabi Water & Electricity Authority (ADWEA) and GDF Suez on Tuesday declared they inked an agreement concerning a $1.5 billion financing package for the emirate's Mirfa independent water and power project (IWPP).
read more... 08/10/2014