News
Trump Continues It’s Anti-wind Attacks (UK)
After writing a letter addressed to First Minister Alex Salmond, Donald Trump launched another attack on SNH and VisitScotland over wind farm plans in Aberdeen bay, reports BBC. In his letter, Trump stressed that they were „pathetic“ for not acting against wind turbines. Last month, Trump stopped th
Top Windpower Names in Line-up for EEEGR’s Biggest Conference (UK)
Another international name from the windpower world has joined the line-up for what will be the biggest conference ever staged by EEEGR (the East of England Energy Group) in Norwich on March 1st. Siemens will be represented by Jamie Rowlands who will tell around 300 delegates at SNS2012 about the ro
PGNiG Wants Deregulated Gas Prices in Poland
Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) said it has prepared a draft of the Gas Deregulation Programme, which will be released for public consultations. The Programme’s objective is to create a market environment in which it will be possible to deregulate gas prices for institutional cust
Norway: STX OSV Profit Surges
Norway’s STX OSV, a major global designer and shipbuilder of offshore and specialized vessels, said that its operating revenue reached NOK 3.11 billion in 4Q 2011 and NOK 12.40 billion for FY 2011 with the successful delivery of 23 vessels during the year. The Group’s 4Q 2011 operating profit more t
Italy: Eni Quarterly Profit Soars
After announcing the major natural gas discovery off the coast of Mozambique, Eni, the international oil and gas company, has today announced the Group preliminary results for the fourth quarter and the full year 2011. The Italian oil giant reported full year 2011 net profit €6.89 billion (up 9%) an
Turkey: APM Terminals, Petkim Announce Cooperation Agreement
A new project was launched on prospective development of Petkim petrochemical holding being the largest asset of SOCAR in Turkey. On February 13, Petkim and Dutch-based APM Terminals signed a cooperation agreement in Istanbul on long-term operation of Petkim Port. The agreement was signed by head of
First Turkmen Coast Guard Ship Gets Name of Arkadag
First patrol ship being built by Turkmen Frontier Service shipyard obtained the name of Arkadag (“Protector”), reports REGNUM. It was not reported at which stage of construction the ship was. Her technical characteristics are unknown either. When the construction is over, Arkadag will be the first d
Eni Q4 Gas Sales Down (Italy)
Eni, the international oil and gas company, announced preliminary results for the fourth quarter and the full year 2011. Financial Highlights Adjusted operating profit: €17.97 billion for the full year (up 4%); €4.26 billion for the quarter (down 10%) Adjusted net profit: €6.97 billion for the full
Fredriksen Spends USD 610 Million to Purchase New Ships (South Korea)
John Fredriksen, the world’s 72nd-richest person according to Forbes magazine, has bought new vessels for approximately $610 million. There are also clear indications that he might place new orders in the upcoming period. Six oil-product tankers were ordered from STX Offshore & Shipbuilding Co. for
UK: Braemar Inks MOU with General Dynamics to Market LNG Containment System
UK’s Braemar Technical Services said it has signed a Memorandum of Understanding (MOU) with General Dynamics NASSCO to market a new, flat plate technology, LNG Containment System developed by General Dynamics. The new containment system is a Type B tank designed to overcome the issues associated wit
E.ON Warns of Halt in Offshore Wind Investment (Germany)
Mike Winkel, the head of the utility’s clean-energy unit, said that the investment into German offshore wind power could stop after 2015 due to delays in connecting the wind farms to the grid. “No one will be further investing if the network connection is uncertain, neither Eon nor someone else,“ Sa
E.ON Warns of Halt in Offshore Wind Investment (Germany)
Mike Winkel, the head of the utility’s clean-energy unit, said that the investment into German offshore wind power could stop after 2015 due to delays in connecting the wind farms to the grid. “No one will be further investing if the network connection is uncertain, neither Eon nor someone else,“ Sa
LNG Carrier Due at UK South Hook Next Week
The Al Mafyar liquefied natural gas tanker, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal February 21, according to the Milford Haven Port Authority website. The South Hook terminal can process 15.6 million tonnes of LNG a year and is capable of delivering
Germany: Linde, Hamburg Port Team Up to Promote LNG as Fuel
The Linde Group and the Hamburg Port Authority (HPA) have agreed to advance the use of liquefied natural gas (LNG) in the port of Hamburg. A memorandum of understanding to that effect was signed in Hamburg. The aim is to prepare a comprehensive feasibility study to assess if the use of LNG in the po