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World?s biggest offshore wind farms
13 Oct 2017 at 6:59am
With many countries across the world accelerating their shift to renewable energy, offshore wind energy has attained increased importance in recent years. As winds blows at higher speeds offshore, generating electricity from wind farms constructed offshore is estimated to have higher potential compared to onshore wind farms. The advantages have led to a manifold increase in the number of offshore wind farms over the past few years.

Kvaerner wins tow out and installation contract for West White Rose project
13 Oct 2017 at 1:36am
Norway-based Kvaerner has bagged an engineering and marine operations contract from Husky Energy related to its $1.6bn West White Rose project offshore Canada.

Chevron abandons exploration program in Great Australian Bight
12 Oct 2017 at 4:00pm
Chevron?s Australian subsidiary has revealed its decision to quit from its exploration drilling program in the Great Australian Bight due to prevailing low oil price environment.

Enel to divest stake in Indonesian coal producer Bayan
12 Oct 2017 at 4:00pm
Enel has agreed to divest its 10% stake in Indonesian coal producer Bayan Resources, held through its subsidiary Enel Investment Holding to Bayan?s controlling shareholder Low Tuck Kwong, for a consideration of $85m.

Eversource to sell New Hampshire power assets for $258m
12 Oct 2017 at 4:00pm
Eversource has agreed to sell its power generating assets with a combined capacity of around 1.2GW in New Hampshire (NH) to two buyers for $258m.

Gazprom?s Omsk Refinery starts production of low-sulphur marine fuel
12 Oct 2017 at 4:00pm
Russian gas giant Gazprom Neft says that its Omsk Refinery in Western Siberia has produced its first batch of RMG-80, a marine fuel claimed to be environmentally friendly.

Germany's Innogy issues $1bn green bond for wind projects
12 Oct 2017 at 4:00pm
Germany?s energy group Innogy has issued its inaugural corporate green bond of ?850m ($1bn) to refinance wind energy projects in Europe.

Jera to acquire 50% stake in 972MW Linden Cogen facility in New Jersey
12 Oct 2017 at 4:00pm
Jera will acquire a 50% interest in Linden Cogen, which operates the 972MW natural gas-fired thermal power cogeneration complex located in the State of New Jersey, US.

Queensland releases onshore exploration acreages for gas, minerals and coal
12 Oct 2017 at 4:00pm
The Queensland government has released the 2017-18 annual exploration programs comprising more than 19,000km2 for gas, minerals and coal exploration.

Silver Viper begins diamond drilling at Clemente Precious Metal Project
12 Oct 2017 at 4:00pm
Silver Viper Minerals has commenced its maiden drilling program on the Clemente Precious - Base Metal Property in Sonora State, Mexico.

Wärtsilä to supply equipment for 200MW power plant project in Bangladesh
12 Oct 2017 at 4:00pm
Finnish technology firm Wärtsilä has signed a contract to provide equipment for the 200MW power plant project in Mymensingh, Bangladesh.

Allied Power secures maintenance contract for Exelon's nuclear plants in US
11 Oct 2017 at 4:00pm
Allied Power has been awarded a five-year contract to provide maintenance and modification services for 14 Exelon nuclear plant sites in five states as well as fleet wide staff augmentation services.

B2Gold?s Fekola mining project in Mali draws first gold
11 Oct 2017 at 4:00pm
Canada-based B2Gold has reported first extraction of gold from the Fekola mining project in Mali, about three months ahead of schedule.

Brazilian court partly blocks Petrobras-Total $2.2bn deal
11 Oct 2017 at 4:00pm
Petróleo Brasileiro (Petrobras) $2.2bn sale of stakes in two highly potential oil blocks in Brazil?s pre-salt layer to Total has been partly blocked by a Brazilian federal court ruling.

E.ON buys stake in wind startup b.ventus
11 Oct 2017 at 4:00pm
E.ON has bought a stake in b.ventus, a startup whose single-source solution enables business customers to begin producing their own wind power quickly and easily.

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