Find the latest natural gas and oil power generation business development news for power plant contracts, gas power plant construction, and plant upgrades. |
Obama backs shale gas in State of the Union speech
25/01/2012
President Obama gave a ringing endorsement of shale gas in his State of the Union address last night while vowing to tighten th...
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Tanzania power utility seeks $257m loan
19/01/2012
Tanzania’s state-owned power utility said it’s in talks with a group of lenders including Citigroup for a $257m loan to fund ga...
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Abengoa awarded 640 MW CCPP project in Mexico
05/12/2011
Abengoa is set to build a 640 MW combined-cycle power plant (CCPP) in Mexico after the country's Federal Commission of Electric...
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GE teams up with SEC in $300m power plant deals
05/12/2011
GE has signed contracts worth almost $300m with the Saudi Electricity Company (SEC) to supply 13 gas turbines and associated se...
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European bank loans $323m for Italian gas plant
02/12/2011
The European Investment Bank has granted a EUR 240m ($323m) loan to Italian utility Iren for an offshore regasification pl...
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Report casts gloom on UK shale gas ambitions
23/11/2011
A report out today claims that the UK could build 2,300 offshore wind turbines with the money it would need to exploit the coun...
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Wartsila buys UK engineering firm Hamworthy
22/11/2011
Finland’s Wartsila Corp is to buy UK engineering company Hamworthy in a deal worth GBP 383m ($599m). |
Abu Dhabi capacity to top 10 GW
22/11/2011
Reuters has reported that Abu Dhabi’s peak power production will exceed 10 GW for the first time next year, buoyed by its ambit...
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Centrica signs 10-year gas deal with Statoil
21/11/2011
The parent company of British Gas, Centrica, has today signed a 10-year deal with Statoil for the supply of 50 billion cubic me...
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Turkmenistan plans gas pipeline to Europe
17/11/2011
Turkmenistan wants to build a gas pipeline to Europe that would bypass Russia and supply 30 billion cubic metres of gas a year.
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