Rolls Royce

De Rivaz confident on Hinkley despite Areva problems

Vincent De Rivaz, chief executive of EDF, Reassured the audience at the Nuclear Industry Association’s annual conference that the UK’s flagship nuclear new build project will not be derailed.

Siemens-Rolls Royce gas turbine deal a ‘win-win’

The deal by Siemens to buy Rolls-Royce’s gas turbine and compressor business for $1.32bn is a win-win for both parties, according to an analyst with research firm GlobalData.

Siemens looks to financial arm to unlock power potential

Siemens CEO Joe Kaeser is leaning on the company’s financial division as a means of funding new technologies in its energy division.

Siemens’ earnings higher than forecast

There is positive news for Europe’s largest engineering company after Siemens reported higher earnings than expected today.

Siemens aims to capitalise on US shale

Just as GE look to conclude a deal to secure Alstom in France, Germany-based Siemens has responded by making its intention known to get involved in the US shale gas revolution.

Siemens acquires Rolls-Royce power asset

Siemens has agreed a $1.3bn deal to buy Rolls-Royce’ energy aero-derivative gas turbine and compressor business.

Rolls-Royce optimistic about $1.5bn power business sale to Siemens

John Rishton, chief executive of Rolls-Royce, says he is “reasonably optimistic” that the sale of the company’s power unit will be concluded. The deal is expected to cost in the region of £900m ($1.5bn).

UK faces legal challenge over £7bn nuclear contract

US-based Energy Solutions is taking the UK Nuclear Decommissioning Authority (NDA) to court over losing out on a £7bn contract to decommission Britain’s oldest nuclear power plants.

Cavendish Fluor wins $11bn nuclear decommissioning contract

The Cavendish Fluor consortium has been chosen by the UK’s Nuclear Decommissioning Authority to carry out a major decommissioning programme of the country’s 12 nuclear sites.
Centrax Siberia

On-site power for Siberian oil drilling

A Siberian oil drilling operation is to run on on-site power.

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