Energy Business Review

Energy Business Review

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Ukraine to invest EUR790m in Trans Caspian pipeline project

Ukraine is looking to invest €790m in joining the Trans Caspian Pipeline project, which will connect Turkmenistan and Azerbaijan’s Caspian Sea coast.  More »

Lukoil to invest $100m for oil exploration in Sierra Leone

Russian oil company Lukoil will invest $100m to undertake the first phase of oil exploration programme in Sierra Leone in 2013.  More »

Shell plans $10bn gas-to-diesel facility in Louisiana

Royal Dutch Shell is considering at developing a plant in Louisiana, US estimated to cost about $10bn, to convert natural gas into diesel fuel.  More »

Scottish Government grants consent for 370MW wind farm in Shetland

The Scottish Government has granted consent for the 370MW Viking wind farm on Shetland.  More »

RWE gets permit for Innogy Nordsee 1 offshore wind farm in Germany

RWE Innogy has secured the permit for the construction of the EUR3bn Innogy Nordsee 1 offshore wind farm in the island of Juist, Germany.  More »

GE to provide aeroderivative gas turbine for Italian power plant

GE will provide an LM6000-PF Sprint aeroderivative gas turbine and related services to Enipower (Eni) for its Bolgiano district heating plant in San Donato Milanese, near Milan, Italy.  More »

Apollo, Riverstone to invest $600m in Talos Energy

Talos Energy has partnered with investment funds affiliated with Apollo Global Management and Riverstone Holdings to form a new company with up to $600m of investments in oil and gas opportunities in the US Gulf Coast and Gulf of Mexico regions.  More »

FX Energy starts drilling on Komorze-3K well in Poland

Oil and gas firm FX Energy has started drilling on the Komorze-3K well in the Fences concession in central Poland.  More »

BP, Sempra begin construction work for $800m wind farm

BP Wind Energy and Sempra U.S. Gas & Power have revealed that the Flat Ridge 2 wind farm worth more than $800m near Wichita, Kansas, in the US has moved into full construction.  More »

Mexico’s mining industry to see healthy growth over next four years: report

The mining sector in Mexico is anticipated to see a significant growth over the next four years, according a new report by the UK based research firm BRICdata.  More »

Serbia seeks bidders for smart metering expansion project

Electric power of Serbia (EPS) has invited bidders for financing a smart metering expansion project in Serbia.  More »

Ameren Illinois unveils advanced metering infrastructure plans

Ameren Illinois, an electric and gas distribution unit of Ameren Corporation, has announced a $625m plan to install about 780,000 new electric meters over the next decade in a proposal submitted to the Illinois Commerce Commission.  More »