EnBW on Thursday unveiled a 12-billion euro ($13.5 billion) investment plan and said it was close to acquiring French renewable group Valeco, as the German utility continues its strategy of moving away from fossil fuels.
Aramco’s gas expansion strategy needs $150 billion of investment over the next decade as the company plans to increase output and later become a gas exporter, Nasser had said in November.
The Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and the Chinese-government owned Silk Road Fund have completed financing of the 950 MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park, it was announced on Sunday.
Consolidated financial highlights Revenues: 75,672 million euros (74,639 million euros in 2017, +1.4%) EBITDA: 16,351 million euros (15,653 million euros in 2017, +4.5%) Group net income: 4,789 million euros (3,779 million euros in 2017; +26.7%)
Enel acquired 650 MW of renewable capacity from its U.S. joint venture EGPNA REP
The Power of Siberia natural gas pipeline from Russia to China is on track and gas supply is expected to commence by December this year, a senior executive at state-run PetroChina, China's biggest gas importer and producer, said
In 2018, Hungary increased its gas imports from Gazprom by 9.3 per cent, up to 7.6 billion cubic meters. Gazprom’s gas supplies to Hungary continued to grow in early 2019. According to preliminary data, Gazprom supplied the country with 1.3 billion cubic meters of gas between January 1 and March 20, which is 12.1 per cent more than in the same period last year.
Gazprom is ready to continue the contract for gas transit to European countries with Ukraine, Chief Executive Officer of the Russian gas holding Alexei Miller said on Friday at a meeting of the Russian Prime Minister with Ukrainian politicians.
The parallel construction of the Nord Stream 2 natural gas pipeline and a sea terminal for liquefied natural gas (LNG) will reduce Germany’s dependence on individual countries for gas, economy and energy minister Peter Altmaier said
Tanzania plans to negotiate terms for developing a $30 billion liquefied natural gas project with companies between April and September, the Energy Ministry said.
Italy’s Terna said on Thursday it would spend a record 6.2 billion euros ($7.1 billion) on its power grid to deal with the shift towards the production of more renewable energy.
South Africa's former president Jacob Zuma has defended his lobby for a proposed R1tn nuclear energy deal with Russia, saying it would have solved the country’s electricity crisis.
Full-scale development of Kharasaveyskoye field starts in Yamal Peninsula
Russian President Vladimir Putin met on Wednesday heads of the world’s top oil traders Glencore and Vitol, as well as BP’s chief executive, among others, promising favorable conditions for business.
Russian LNG is well positioned to compete with North American projects to reach new markets in Asia and the Atlantic Basin despite the challenges, a Shell executive said Wednesday at the LNG Congress in Moscow.