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China, Denmark to Build Wind Farm

China, Denmark to Build Wind Farm

Denmark’s Energy Minister Lars Christian Lilleholt told Reuters that his country has decided to work with China to build a wind farm of China’s shores. The news came after his meeting with the director of China’s National Energy Administration, Nur Bekri

Trump Tweets about Countries that Trade with North Korea

Trump Tweets about Countries that Trade with North Korea

The United States could stop all trade with countries that do business with North Korea, according to US President Donald Trump. He tweeted on August 3: "The United States is considering stopping all trade with any country doing business with North Korea.”

Petrofac Secures €340 Mln Turkstream Contract

Petrofac Secures €340 Mln Turkstream Contract

Jersey based oil field services company Petrofac secured a €340 million contract along with Gazprom subsidiary South Stream Transport BV to build a gas receiving terminal in Turkey, the company announced on Tuesday

Norways Giant Fund Raises Stake in London Property

Norway's Giant Fund Raises Stake in London Property

Norway's wealth fund acquired an additional 25 percent interest in a London property for 112.5 million pounds ($145.7 million), the sovereign wealth fund's operator, Norges Bank Investment Management (NBIM) announced on Monday

Romania: Ford Produces Last B-Max Car at Craiova Plant

Romania: Ford Produces Last B-Max Car at Craiova Plant

US car manufacturer Ford produced the last B-Max unit at its plant in Craiova, Southern Romania, on September 1. The company will produce the EcoSport SUV instead of the B-Max in Craiova starting this fall

Aachen Issues Iodine Pills Scaling up Preparations for Belgian Nuclear Leak

Aachen Issues Iodine Pills Scaling up Preparations for Belgian Nuclear Leak

The city of Aachen issued iodine tablets to its 150,000 residents and the surrounding population due to fears of nuclear leaks from Belgium’s Tihange nuclear power plant, the BBC reports. The city issues coupons exchangeable for pills that reduce the threat of thyroid cancer after a release of radiation. The pills are issued for individuals aged 3 to 46 in a different dosage

Gazprom Develops Power Generation Strategy for 2018–2027

Gazprom Develops Power Generation Strategy for 2018–2027

The Board of Directors of Gazprom said on August 30 that the Russian gas giant is working to develop an updated power generation strategy for 2018–2027, which will take into account the need for further modernisation of the existing generating capacities and for continued synergy between the gas and power businesses

EU Clears Acquisition of Joint Control Over METT by GE and Macquarie

EU Clears Acquisition of Joint Control Over METT by GE and Macquarie

The European Commission said on August 29 that it has approved, under the EU Merger Regulation, the acquisition of joint control over Markbygden ETT AB (METT) of Sweden by General Electric Company (GE) of the US and Macquarie Group Limited of Australia

Turkey Needs 18B Lira Investment for 5GW Solar Capacity

Turkey Needs 18B Lira Investment for 5GW Solar Capacity

Turkey needs to invest around 18 billion liras (approx. $5.2 billion) to reach 5 gigawatts installed solar capacity, head of the energy group at the Turkish Academy of Sciences told Anadolu Agency on Wednesday. The country currently has 850 megawatts unlicensed solar capacity and aims to increase its capacity to 5 gigawatts by 2023, Ibrahim Dincer said

Saudi Arabia Seeks Bids for 1st Utility Scale Wind Prj.

Saudi Arabia Seeks Bids for 1st Utility Scale Wind Prj.

Saudi Arabia’s Renewable Energy Project Development Office released the request for proposals for its first utility-scale wind power project of 400 megawatts on Tuesday. Bidding for the 400 megawatt wind power project is set to close in January 2018

PPC in Partnership with IENE Organizes a Strategic Conference on Investment Opportunities in SE Europe in the Context of the Annual Thessaloniki International Fair

PPC in Partnership with IENE Organizes a Strategic Conference on Investment Opportunities in SE Europe in the Context of the Annual Thessaloniki International Fair

Public Power Corporation SA (PPC SA), in partnership with the Institute of Energy for SE Europe (IENE), organizes the Strategic Conference: "Investment Opportunities in Southeastern Europe: Trends and Challenges in the Energy Sector”, in the context of the 82nd Thessaloniki International Fair (TIF)

Noble Energy Contracts Ensco Drillship for Israeli Gas Field

Noble Energy Contracts Ensco Drillship for Israeli Gas Field

Offshore drilling contractor Ensco has announced that ultra-deep-water drillship ENSCO DS-7 has been awarded a contract by US company Noble Energy to drill two wells and complete four production wells at Israel’s Leviathan field development in the Mediterranean Sea