Norway and the UK have signed a deal to co-operate on a raft of energy initiatives covering gas, renewables and carbon capture and storage.
China targets annual shale gas production of 6.5 billion cubic metres by 2015 and 80 billion by 2020 under a government plan to be released soon, reports the China Securities Journal.
Gas & Oil Fired
The floating power plants Josefa Rufina I and Margarita I, which are located in the Venezuelan state of Vargas, will begin operating in the last quarter of this year.
Siemens is to team up with Russia’s Power Machines OJSC to establish a gas turbine joint venture, in which Siemens will hold a 65 per cent stake and Power Machines the remainder.