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 the rules on its extraction. |
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 gas fired electricity generation. |
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 Electricity chose the Spanish company to carry out the project. |
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 services for the expansion of six power plants at locations across the Kingdom. |
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 plant in Livorno. |
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 country’s shale gas reserves. |
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 ambitious energy projects and exports to the northern emirates. |
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 metres of gas to the UK. |
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. |
Gas delegates cast doubts on shale boom
16/11/2011
A poll of gas industry insiders has found that few believe shale gas will overtake conventional gas or liquefied natural gas in the future. |
BHP Billiton to spend US4bn on shale gas business
15/11/2011
Global mining company BHP Billiton plans to spend around $4.5bn on developing its new shale gas business stakes. |
US shale boom impacts Trinidad and Tobago LNG market
14/11/2011
Increased shale gas production in the US has had a significant impact on the liquefied natural gas exports of Trinidad and Tobago. |
EON to build wind-energy-to-hydrogen plant
11/11/2011
E.ON is developing a EUR5m ($6.8m) pilot plant in Germany to convert power from wind energy into hydrogen which can then be stored in the country’s gas grid. |
China should buy piped gas from Turkmenistan instead of more LNG say analysts
10/11/2011
China should start buying more pipelined gas from Central Asia instead of increasing its imports of LNG, says a report out today. |
Gas is entering a 'golden age', says IEA
09/11/2011
China, India and Russia will drive global energy growth in the next 25 years, any significant withdrawal from nuclear will have “alarming implications”, and a major cut in renewable energy subsidies because of economic austerity would make it “very difficult for the sector to come back to life", are among the conclusions from the latest IEA report. |
J-Power clinches funding for 1600 MW Thai power plant
07/11/2011
A loan of $1.184m has been agreed for the construction of a 1,600 MW gas combined cycle thermal power plant in Thailand. |
Lagos plans five IPPs to support industry sector
03/11/2011
In Nigeria, the Lagos state government is planning to establish five new independent power projects (IPPs) to serve industrial clusters in the state, according to Babatunde Fashola, the state governor. |
Malaysian energy minister offers little comfort for Tenaga’s gas woes
01/11/2011
Malaysia’s energy minister has said that the country’s utility Tenaga Nasional will suffer further gas shortages for up to three months. |
'Let us drill for coal seam gas,' urges Santos chief
01/11/2011
Australian gas producer Santos expects demand for gas in the east of the country to triple over the next 10 years. |
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