Burns & McDonnell to build 350 MW gas-fired plant in Canada
Power engineering firm Burns & McDonnell has been awarded by energy supplier SaskPower a contract to provide engineer-procure-construct (EPC) services for a new 350 MW gas-fired power facility to...
View ArticleEBRD, Kazakhstan sign MoU to promote gas energy efficiency
The European Bank for Reconstruction and Development (EBRD) and Kazakhstan’s national gas operator, KazTransGas, have signed a Memorandum of Understanding (MoU) aimed at exploring ways to promote...
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Gazprom ready to face winter gas demand, holds 72.1 Bcm in storage
Russia's Gazprom is ready to face the heightened natural gas demand of the winter period, starting the season with some 72.1 billion cubic meters of gas reserves in storage, according to the head of...
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EBRD funds $55 mil lending to renewable projects in Turkey
The European Bank for Reconstruction and Development (EBRD) is providing $55 million in new funds to Turkish lender Isbank to finance private companies investing in renewable energy and resource...
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S America gas demand to reach 191 Bcm in 2030, LNG uncertain: OIES
Gas demand in South America is expected to grow by some 50 billion cubic meters to 2030, reaching 191 Bcm on the back of increased energy demand and renewable production, which will call for flexible...
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Vattenfall reports net loss of SEK 21.9 bn on low electricity prices
Swedish utility Vattenfall reported a net loss of SEK 21.9 billion in the first nine months of 2016. Net profits from continuing operations accounted for SEK 1.8 billion. “Profit after tax for the...
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Eni posts adjusted net loss of Eur484 mil on low price environment
Italy's Eni posted an adjusted net loss of Eur484 million in Q3 16, against an adjusted net loss of Eur127 million in Q3 15, on the back of an ongoing low energy prices environment and production...
View ArticleEngie signs deal with UkrTransGaz to secure storage, transport rights
France's Engie has signed an agreement with Ukraine's gas transmission system operator UkrTransGaz aimed at further developing the company's presence in Ukraine's wholesale gas market. Under the deal,...
View ArticleGE to supply 1,516 MW gas fired plant to Brazil
General Electric announced it has secured a contract with Brazil's Centrais Elétricas de Sergipe for the supply of a 1,516 MW combined-cycle power plant. The Porto de Sergipe generation unit is set to...
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Commissioning of Marcellus Shale 829 MW power plant starts
US private equity fund Panda Power Funds announced the commissioning of a new 829 MW gas-fired power station in Pennsylvania, the first one to use supplies from the Marcellus Shale gas formation. The...
View ArticleEU revises access to OPAL pipeline, improves Gazprom's conditions
The EU Commission has revised the conditions for third party access exemption to the OPAL gas pipeline, with the new rules now potentially giving incumbent Gazprom access to a higher share of the...
View ArticleGE launches new uninterruptible power systems
GE has launched a new series of flywheel uninterruptible power supply (UPS) systems, which would keep electricity flowing to vital systems and equipment until auxiliary generators step in, in the event...
View ArticleUK policy: Gas and CCS to compete on “level playing field” with renewables...
One of the key factors that will determine the amount of gas used in power generation over future years is the cost and effectiveness of energy storage. The cheaper the storage, the more intermittent...
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Panda Power Funds invests in 1,124 MW coal-to-gas conversion in US
US private equity fund Panda Power Funds is financing the coal-to-gas conversion of a power plant in Pennsylvania. The retired 400 MW Sunbury coal-fired plant is to be replaced by the Panda Hummel...
View ArticleSecond GE gas turbine delivered to 1,180 MW plant in Pakistan
The second unit of General Electric's GE 9HA.01 gas turbines has arrived from Belfort, France, in Pakistan to equip the 1,180 MW Bhikki Combined Cycle Power Plant in Punjab. The turbine follows an...
View ArticleImplementation of gas capacity allocation codes still incomplete: ACER
Implementation of the Network Code on Capacity Allocation Mechanisms is progressing, although further steps are needed to promote the full implementation of the code, the agency for the cooperation of...
View ArticleUK's Co-operative Energy to pay £1.8 mil compensation to consumers
Co-operative Energy is to pay £1.8 million to energy consumers following engagement with Ofgem, as it was found to have let “customers down in its complaints resolution, call handling and billing...
View ArticleMexico's energy reform to boost its economic growth: IEA
The ongoing energy reform in Mexico is set to “reverse the country’s declining oil production, increase the share of renewables in the power sector, and slow the growth in carbon emissions, providing a...
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EBRD provides $70 mil loan for 86 MW wind farm in Jordan
The European Bank for Reconstruction and Development (EBRD) is providing a loan of $ 70 million to Green Watts Renewable Energy for the construction of an 86 MW wind power plant in the Ma'an...
View ArticleABB to deliver power equipment for 800 kV power link in China
ABB has received a $40 million order to provide power equipment to the 800 kilovolt (kV) Dianxibei-Guangdong ultra-high-voltage direct current (UHVDC) transmission link in China. The 1,950 km-long...
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