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Oil & Gas Trade

The Oil and Gas Industry is Losing Young Professionals

The oil and gas industry is grappling with a growing employment crisis as young professionals steer clear of the ailing industry

Wind Power Company

Siemens Unveils Plan to Merger Wind Operations with Flender

Siemens has unveiled plans to merge its wind energy generation business with mechanical drive unit Flender, which delivers components used in wind turbines.

Wind Farm

Construction of Two Renewable Energy Projects in Spain Begins

Construction of two renewable energy projects by Enel green power in Spain has begun.

Hydropower Plant

Construction Work Starts on the Hüscherabach Small Hydropower Plant, Switzerland

Construction work has begun on the 1.9MW Hüscherabach hydropower plant in the Splügen region in the Swiss canton of Grisons, with the project set to replace a…

Oil Price

Oil Price War Puts Entire Kingdom Of Saudi Arabia At Risk

At no time since Ibn Saud first consolidated his Arabian conquests into the Kingdom of Saudi Arabia in 1932 has the ruling Saud dynasty faced such an existentia…

Invited for Business supply of materials

Tender Are Invited for Business supply of materials and spare parts for the electricity unit

Crude Oil

UAE Making Even Bigger Cuts To Oil Production Next Month

The United Arab Emirates will cut even more oil production in June, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei announced th…

Solar Power Plant

China's Silk Road Fund Closes 49% Stake Buy in ACWA Power RenewCo

China's Silk Road Fund has completed the purchase of a 49% stake in the renewable energy platform of Saudi Arabia's ACWA Power, the latter announced on Sunday.

Wind Energy Technology

Siemens Intends to Spin off Wind Technology Ops

Siemens AG on Friday unveiled a plan to merge its Wind Energy Generation unit into its technology and mechanical drive business and then spin-off and publicly …

European Commission unveils a New Renewables Projects Funding Scheme

The European Commission has launched a public consultation on draft rules to create a new EU financing mechanism to support renewable energy projects.

Solar Power Plant

Financing Arranged for 200MW Ohio Solar Facility

Innergex Renewable Energy has announced the closing of a construction-financing, tax-equity commitment for a 200MW solar facility in southern Ohio.

Oil Price

Murphy Oil to Close Arknsas, Alberta Offices

Murphy Oil has announced that it is closing its legacy headquarters in Arkansas and shuttering an office in western Canada.

Energy Storage Project

EU Greenlights EUR 3.2 Billion Battery Research Project

The European Commission approved Monday under EU state aid rules a 'Common European interest' project jointly notified by seven EU Member States to support rese…

Atlantica Yield Nets USD 143m in Green Project Financing

Atlantica Yield Plc said it has secured green non-recourse project financing it expects to use to fund new investments in renewable assets.

European Electric Vehicle Batteries 2020 Summit

ACI’s European Electric Vehicle Batteries Summit in Rotterdam, The Netherlands, originally scheduled to take place on 3-4 June, has been postponed to the 9-10 …