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BP, Reliance Take On Indias Fuel and Aviation Business

BP, Reliance Take On India's Fuel and Aviation Business

BP and Indian conglomerate Reliance Industries Limited will form a joint venture to develop a fuel service station network and aviation fuels business in India, BP said on Tuesday.

Yavuz Drilling Vessel Starts Operations in East Med.

Yavuz Drilling Vessel Starts Operations in East Med.

The 6th generation ultra-deepwater drillship, Yavuz, has started its operations at the Karpaz-1 well located in the Bay of Gazimagusa, also known as Famagusta, in the Turkish Republic of Northern Cyprus (TRNC).

German RWE Closing Down Aberthaw Coal Plant in Wales

German RWE Closing Down Aberthaw Coal Plant in Wales

German electric utilities company RWE announced the closure of its 1,560-megawatt coal-fired power plant in Wales on Thursday after emission-saving measures were insufficient to keep the plant afloat.

Force Majeure Declared on Libyas Sharara

Force Majeure Declared on Libya's Sharara

Libya's National Oil Corporation (NOC) declared force majeure on the country's largest oil field Sharara after halting crude oil loadings at Al-Zawiya port on Tuesday.

EU Approves Public Support for Croatian LNG Terminal

EU Approves Public Support for Croatian LNG Terminal

The European Commission has found Croatian plans to support the construction and operation of an LNG terminal on Krk Island to be in line with EU State aid rules, an EU Commission press release said on Wednesday.

First Large-Scale Akkuyu NPP Equipment Arrive

First Large-Scale Akkuyu NPP Equipment Arrive

A “core catcher”, the crucial safety component of the Akkuyu Nuclear power plant, has been delivered to the construction site, the Akkuyu Nuclear Inc. said in a statement on Monday.

Biggest Wind Farm in Scotland Starts Operations

Biggest Wind Farm in Scotland Starts Operations

Scotland's biggest and the world’s fourth largest offshore wind farm officially started operations on Monday, project partner SSE Renewables said.

Bulgarias Monbat to Acquire 66.66% of Italys STC

Bulgaria's Monbat to Acquire 66.66% of Italy's STC

Bulgarian car battery maker Monbat [BUL:5MB] said on Friday that its board has approved the acquisition of a 66.66% stake in Italian engineering company Science Technology & Consulting (STC) for an undisclosed price, reports SeeNews.

India Leads With Lowest Renewable Cost in Asia Pacific

India Leads With Lowest Renewable Cost in Asia Pacific

India has emerged as the market leader with the lowest renewable energy costs among Asia Pacific countries, according to new data from Wood Mackenzie Power & Renewables on Monday.

3 Banks to Co-Finance Turkey’s Largest Geothermal Plant

3 Banks to Co-Finance Turkey’s Largest Geothermal Plant

Three major development banks are helping Turkey diversify its energy mix with an investment adding close to 100 megawatts (MW) in capacity to EFELER, the country’s largest geothermal power plant, the Asian Infrastructure Investment Bank announced on Thursday.