Rosneft wins Venezuela gas deal
Industry
Venezuela has awarded licences to Russian energy major Rosneft to develop two offshore natural-gas fields. The deal entitles the Russia’s
Industry
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Battery demand outstrips supply: Porsche
Industry
Porsche claims that battery suppliers are struggling to keep up with demand for the Panamera hybrid model. The car combines
Croatia eyes INA buyback
Industry
Croatia is planning a bid to buy back shares in its national energy firm INA from the Hungarian major MOL,
US to invest $90m in Ukraine: Kiev
Industry
The US Agency for International Development (USAid) is reportedly planning a five-year US$90-million project to support Ukrainian energy reform and
Italy declares emergency after blast
Industry
The explosion at a key natural gas hub in Austria has disrupted winter supplies across the EU’s energy markets, raising
Putin launches Arctic gas project
Industry
Russia’s high-profile Arctic gas project on the northern tip of Siberia’s remote Yamal peninsula began loading its first seaborne shipment
Turks hail pipeline progress
Industry
An estimated 30 per cent of the offshore construction for the TurkStream natural gas pipeline has been completed, according to
Czech firm extends thermal grip
Industry
Aged power plants in the Czech Republic and elsewhere fired by coal, gas and lignite are being bought by EPH,
BASF agrees merger with Fridman’s DEA
Industry
BASF, the German chemicals firm, has agreed to merge its Wintershall energy unit with fellow German rival DEA in a
Norway starts oil ‘revolution’
Industry
Scandinavian asset management is dominated by Norway’s imposing US$1-trillion sovereign wealth fund, which last week declared its intention to ditch
Siemens Gamesa unveils wind turbine
Environment
The newly amalgamated Siemens Gamesa Renewable Energy (SGRE) appears to be attempting to overlap the two firms’ areas of expertise
General Electric axes 12,000 jobs
Industry
General Electric’s (GE) new chief executive John Flannery is axing 1,100 jobs across its European operations, mainly in Stafford and