News
USA: GL Presents at AWEA WINDPOWER 2012
Maximizing the availability of every wind turbine has long been the idealistic goal for the North American wind industry – the assumption being that there is a correlation between optimum availability and financial return. New benchmarking studies by renewable energy consultancy GL Garrad Hassan, sh
Gazprom CEO Meets with Slovak PM
During his visit to the Slovak Republic, Gazprom’s CEO Alexey Miller met with Robert Fico, Prime Minister of the country. “The parties emphasized a high level of the mutually beneficial partnership in the gas sector and addressed promising issues, such as joint execution of projects on the gas trans
UK: Preparation for Falmouth Harbour Dredging Moves Ahead
This is Cornwall reports that preparation for attempts to dredge and develop Falmouth harbour will end up costing about £1 million. So far, Falmouth Harbour Commissioners, one of the partners of the Falmouth Development Initiative, has spent £700,000. Colin Jarvis, of Cornwall Development Company sa
USA: Modular Wind Energy Appoints Gregor Gnädig as New CEO
Modular Wind Energy, a manufacturer of innovative rotor blades for large-size wind turbines, announced Gregor Gnädig as their new Chief Executive Officer. Mr. Gnädig joins the company from his previous post as Chief Operating Officer of REpower Systems SE, a Suzlon Group Company, recognized as one o
USA: Modular Wind Energy Appoints Gregor Gnädig as New CEO
Modular Wind Energy, a manufacturer of innovative rotor blades for large-size wind turbines, announced Gregor Gnädig as their new Chief Executive Officer. Mr. Gnädig joins the company from his previous post as Chief Operating Officer of REpower Systems SE, a Suzlon Group Company, recognized as one o
IntercontinentalExchange to Launch LNG Cleared Swap on Japan Korea Marker
IntercontinentalExchange (ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced it will launch a new liquefied natural gas (LNG) cleared swap contract based on the Platts daily assessment for the Japan/Korea Marker (JKM).
BP May Sell Stake in TNK-BP, Russia
BP of UK announced today that it has received unsolicited indications of interest regarding the potential acquisition of its shareholding in TNK-BP. In light of these unsolicited approaches and consistent with its commitment to maximising shareholder value, and its obligations under the Shareholder
Statoil Allowed to Drill New Well in PL 318 (Norway)
The Norwegian Petroleum Directorate has granted Statoil a drilling permit for well 35/2-3, located in PL 318 in the Norwegian part of the North Sea. Statoil will use the Scarabeo 8 semi-submersible drilling rig, owned and operated by Saipem SpA Norwegian Branch. The drilling programme for well 35/2-
Ireland: IWEA Welcomes Renewable Energy Strategy
The Irish Wind Energy Association welcomes the Renewable Energy Strategy published (28 May 2012) by the Minister for Communications, Energy and Natural Resources, Pat Rabbitte TD, and applauds the Government’s commitment to reaching Ireland’s 2020 renewable targets. The Renewable Energy Strategy rea
EUROGATE Exhibits at Transport Logistic China 2012
Europe’s leading shipping company-independent container terminal operator and number one on Germany’s North Sea coast is again flying the flag in China. For the fourth year in succession, EUROGATE is participating at the transport logistic China 2012 trade fair in Shanghai. At the “German Ports” joi
Gazprom and Slovenia Discuss South Stream
Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation made a business trip to Slovenia. During the visit Alexey Miller met with Janez Jansa, Prime Minister of Slovenia. The parties discussed the status of the Russian-Slovenian cooperation in the energy sector r
BP to Sell Its Stake in TNK-BP (Russia)
British oil major BP announced today that it has received unsolicited indications of interest regarding the potential acquisition of its stake in TNK-BP. TNK-BP is a leading Russian oil company, owned equally by BP and Alfa Access Renova. The company was formed in 2003 as the result of the merger of
Fairstar Accepts Delivery of FORTE in China
Fairstar Heavy Transport N.V. (FAIR) has taken delivery of the semi-submersible heavy transport, FORTE. The closing documentation has been completed to the satisfaction of Fairstar’s bankers, classification society and the Dutch Flag State. Fairstar has drawn down on the USD 247 million facility led
Gazprom Says Europe 2012 Gas Export Plan Unchanged
Despite the decline in demand for gas in Europe in 2012, Gazprom has not changed its forecasts for exports, said the head of the gas company, Alexei Miller at the press conference in Omsk. “With regard to exports, we have not changed our targets. Now we are only in the second quarter, the first half