EBR - News
Energy Business Review - News
Europe approves Ineos? $1.3bn acquisition of Dong?s oil and gas business
25 Jun 2017 at 4:00pm
UK-based petrochemical giant Ineos? $1.3bn acquisition of Dong Energy's upstream oil and gas business has been approved by the European Commission (EC).
World?s Biggest Solar Power Plants
23 Jun 2017 at 8:48pm
Solar energy is one of the major alternatives sources of energy that is expected to help in significantly reducing our dependence on fossil fuels for power generation. In recent years, solar power plants are being increasingly installed by many countries across the world to cut harmful emissions and increase clean energy contribution to their energy mix.
Mitsubishi, Sumitomo to build 450MW gas-fired combined cycle power plant in T...
23 Jun 2017 at 4:16am
Mitsubishi Hitachi Power Systems (MHPS) and Sumitomo have secured a contract from Société Tunisienne de l'Electricité et du Gaz (STEG) to develop a 450MW gas-fired combined cycle power plant in Tunisia.
Braskem to construct $675m polypropylene production line in US
23 Jun 2017 at 3:30am
Brazilian petrochemical company Braskem is set to invest around $675m to construct new polypropylene (PP) production line in La Porte, Texas, US.
Scottish bank invests in Kite?s novel technology for wind energy sector
23 Jun 2017 at 3:21am
Kite Power Systems (KPS), a UK-based company developing a disruptive technology for the wind energy sector has secured a £2m equity investment from the Scottish Investment Bank (SIB).
Enel to buy smart energy management services provider EnerNOC
23 Jun 2017 at 3:07am
Enel Green Power North America (EGPNA) has agreed to acquire smart energy management services provider Enernoc for around $250m.
AET to operate two new offshore loading shuttle tankers for Statoil
23 Jun 2017 at 2:17am
AET has bagged a long-term charter contract worth $200m from Statoil to operate two new offshore loading shuttle tankers (OLSTs) on the Norwegian and UK Continental Shelves.
UK Hinkley nuclear plant could cost $38bn in electricity payment top-ups, say...
23 Jun 2017 at 12:44am
The UK Government plans to build the Hinkley Point C nuclear plant could need additional cash and electricity payment top-ups worth £30bn ($38bn), according to the National Audit Office (NAO).
Eni inks upstream and renewable energy deals in Kazakhstan
22 Jun 2017 at 4:00pm
Italian oil and gas major Eni has inked a series of agreements for upstream and renewable energy sources in Kazakhstan to expand its footprint in the central Asian country.
Vattenfall acquires iSupplyEnergy to foray into UK consumer energy market
22 Jun 2017 at 4:19am
Swedish energy group Vattenfall has acquired iSupplyEnergy for an undisclosed sum, marking its entry into UK consumer energy market.
Norway announces bidding for 102 offshore blocks in new licensing round
22 Jun 2017 at 4:05am
The Norwegian government has initiated a licensing round for 102 offshore blocks located predominantly in the Barents Sea.
Noble Midstream to buy additional stake in Noble Energy?s Delaware Basin and ...
22 Jun 2017 at 4:04am
Noble Midstream Partners has agreed to acquire additional interests in Colorado River DevCo and Blanco River DevCo from Noble Energy for around $270m.
Weir BDK? gains API6D certification across valve range to serve Oil & Gas cus...
22 Jun 2017 at 3:42am
Weir BDK?, one of India?s longest established valve manufacturers and part of the Weir Group, has announced an enhanced offering to the global Oil & Gas market following the confirmation of API6D certification for its range of BDK valves.
Poland suspends gas supply from Russia through Yamal pipeline
22 Jun 2017 at 2:28am
Poland has suspended gas transports via the transnational Yamal ? Europe pipeline from Russia, citing poor quality of the gas.
Centrica to sell 2.3GW gas power plants to EP UK Investments
22 Jun 2017 at 12:24am
British multinational utility company Centrica has entered into an agreement to sell 2.3GW combined cycle gas turbine (CCGT) power stations to EP UK Investments (EPUK) for £318m ($403m) in cash.