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Market Analysis
Biebuyck Hails Ambition of EU Hydrogen Strategy
Bart Biebuyck, Executive Director of Fuel Cells and Hydrogen Joint Undertaking (FCH JU), hailed the ambition of the recently released European Union’s (EU) rec…
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Energy Saving
Driving Manufacturing Efficiency Through Gas-Generated Energy
Industries around the world are investing in alternatives such as gas-generated energy to supplement their electricity supply to ensure they can continue operat…
Oil Field
TAQA Files Decommissioning Plans for Two North Sea Platform Topsides
TAQA Bratani has filed its decommissioning programs for the Tern and North Cormorant platform topsides, located in the UK North Sea, to the UK authorities.
Oil Field
Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake
Under the new terms, Karoon is paying an initial $380 million to Petrobras, including a $49.9 million downpayment made on July 24.
Wind Farm
Repsol to Purchase 1.6GW of Renewable Assets in Chile
Repsol has agreed to form a joint venture (JV) with Grupo Ibereólica Renovables to manage a portfolio of renewable energy projects in Chile.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Thermal Plant
Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant
Wärtsilä will deliver engineering, construction, dual-fuel engines and energy storage capacity for a new power plant in the U.S. Virgin Islands.
Oil & Gas Trade
Sinopec Unit Sells Gas Pipeline Asset to PipeChina
China's new oil and gas pipeline company PipeChina has made its first purchase of gas infrastructure assets.
Electricity Transmission
Iberdrola Slams UK’s Proposal for Lower Network Returns
Spanish utility Iberdrola's chief executive, Ignacio Galan, has strongly criticised UK energy regulator Ofgem's proposal to cut the allowed return on equity for…
Oil & Gas Trade
Kuwait Heavy Oil Output to Hit 75,000 b/d by September
State-owned KPC's upstream arm KOC has been ramping up production from the South Ratqa heavy oil field and expects to reach its phase one plateau target of 60,0…
Oil & Gas Trade
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Wind Energy Technology
Tunisia Tackles Wind Energy with Wind Lidar
Technical consultancy Firnas Shuman delivers one-year ZX Lidars wind measurement campaign for major developer
Electric Car
Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles
The chief executive of Volvo Cars described plug-in hybrids as a “very popular concept” on Tuesday, but emphasized the need for government support when it com…
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012

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Biebuyck Hails Ambition of EU Hydrogen Strategy

Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch

Driving Manufacturing Efficiency Through Gas-Generated Energy

TAQA Files Decommissioning Plans for Two North Sea Platform Topsides

Petrobras, Karoon Agree on Changes to Terms of $665 mln Sale of Baúna Field Stake

Repsol to Purchase 1.6GW of Renewable Assets in Chile

Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete

Wärtsilä to Deliver Dual Fuel and Storage Solution for Virgin Lslands Power plant

Sinopec Unit Sells Gas Pipeline Asset to PipeChina

Iberdrola Slams UK’s Proposal for Lower Network Returns

Kuwait Heavy Oil Output to Hit 75,000 b/d by September

Indonesia’s August Gasoline Imports Likely to Stay Low

Tunisia Tackles Wind Energy with Wind Lidar

Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles

Aker 2Q13 Earnings Impacted by Order Delays and Cancelations