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France to Launch Offshore Wind Farm Tender

France to Launch Offshore Wind Farm Tender

France is set to ask for proposals to develop offshore wind farms, boosting the country's renewable energy output, a government official told Reuters on Monday.

Kuwait Oil Minister In China, JV Refinery On Agenda

Kuwait Oil Minister In China, JV Refinery On Agenda

Kuwait Oil Minister Sheik Ahmad Abdullah Al Sabah arrived here Monday, with his talks with Chinese government and company officials expected to focus on a planned joint venture refinery and petrochemicals complex, sources involved with the visit said.

Vestas Gets 100 MW Wind Turbine Order For European Projects

Vestas Gets 100 MW Wind Turbine Order For European Projects

Danish wind turbine maker Vestas Wind Systems A/S (VWS.KO) said Monday it has secured an order from an undisclosed customer for 100 megawatts of wind power for several wind projects in Europe.

Gazprom Expects Average Europe Gas Price Rising In 2H 2010

Gazprom Expects Average Europe Gas Price Rising In 2H 2010

Russian gas firm OAO Gazprom (GAZP.RS) expects European gas prices under its long-term contracts to rise in the second half of 2010 to average $308 per 1,000 cubic meters for the whole year, the company's Deputy Chief Executive Alexander Medvedev said Monday.

InterAgro to Build EUR 72 million of Co-Generation Power Plants

InterAgro to Build EUR 72 million of Co-Generation Power Plants

InterAgro group, owned by Romanian businessman Ioan Niculae, will invest EUR 72 million in building co-generation power plants on industrial platforms across Romania and hopes to recover the investment in five years.

Siemens Eyes 40 billion euro of Green Revenue by 2014

Siemens Eyes 40 billion euro of Green Revenue by 2014

Siemens aims to generate sales of more than 40 billion euros ($56 billion) from its green technologies and products by 2014, Europe's biggest industrial conglomerate said on Monday.

Commission to Unveil €1trln Energy Strategy for 2020

Commission to Unveil €1trln Energy Strategy for 2020

The European Commission will present on Wednesday (10 November) its energy strategy for the coming decade, calling for investment of around €1 trillion to secure the bloc's energy needs in a sustainable way.

Royal Dutch Shell To Sell Six Gulf Of Mexico Fields For $450M

Royal Dutch Shell To Sell Six Gulf Of Mexico Fields For $450M

Royal Dutch Shell Plc (RDSA.LN), an oil and gas company announced Friday that it has agreed to sell its interest in six Gulf of Mexico oil and gas fields to W & T Energy VI, LLC, a wholly owned subsidiary of W&T Offshore Inc. (WTI), for $450 million, with an effective date of September 1, 2010, as part of an ongoing portfolio restructuring and focus on capital efficiency.

Kenya Seeks Investors For 400MW Geothermal Plant

Kenya Seeks Investors For 400MW Geothermal Plant

Kenya has called for expressions of interest from investors to install 400 megawatts of geothermal power capacity near Nakuru, capital of Rift Valley province, by 2014, the state-owned Geothermal Development Corp., or GDC, said in a statement Friday.