Energy Business Review

Energy Business Review

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Hitachi signs concession agreement for Visaginas nuclear plant in Lithuania

Hitachi has signed a concession agreement with the Lithuanian Energy Ministry for construction of the Visaginas nuclear power plant in Lithuania.  More »

Exxon, ConocoPhillips, BP to begin natural gas production in Alaska by 2016

ExxonMobil, ConocoPhillips, BP and TransCanada have agreed to begin the production of natural gas at their Point Thomson development in Alaska,US by May 2016.  More »

Energy and Minerals discover new uranium deposit in Western Australia

Energy and Minerals Australia have discovered a new uranium deposit, Princess at its wholly owned Mulga Rock project in Western Australia.  More »

STATS Group completes Theddlethorpe gas isolation project in UK

Oil and gas engineering firm STATS Group has completed a pipeline isolation project at Theddlethorpe gas terminal in Lincolnshire, UK.  More »

GDF offers $9.5bn for International Power stake

French utility company GDF SUEZ has offered $9.5bn for the remaining 30% stake of the UK-based power generation company International Power.  More »

Xstrata Coal wins approval for Australia’s coal project

Xstrata Coal has won an approval from the Queensland Land Court to develop the $6.3bn Australia’s biggest open-cut Wandoan Coal Project in Surat Basin, following clearance of the mining lease applications.  More »

L-3 MAPPS secures contract for simulator upgrade project in California

L-3 MAPPS has secured a contract from Pacific Gas and Electric Company (PGE) to upgrade the Diablo Canyon Power Plant (DCPP) Operator Training Simulator (OTS) project in the US state of California.  More »

Continental to acquire Bakken oil assets for $340m

Continental Resources has agreed to purchase the assets of Wheatland Oil of Enid amounting to 37,900 net acres in the Bakken Play for a total consideration of $340m.  More »

AREVA wins funding to develop a new biomass project

AREVA has received funding by KIC InnoEnergy to develop an innovative bioenergy solution.  More »

BP enters US shale oil prospect

BP has signed an agreement to lease about 84,000 acres in Trumbull County in northeast Ohio, US for future oil and gas production in the Utica/Point Pleasant shale formation.  More »

US state utility picks Oracle Utilities smart grid application

Lee County Electric Cooperative (LCEC), an electric distribution cooperative serving a five-county area in Southwest Florida in the US, has chosen Oracle utilities solutions to upgrade its existing Oracle Utilities customer care and billing application.  More »

NRG Energy to build EV charging network in US

NRG Energy has signed an agreement with the California Public Utilities Commission to build a comprehensive electric vehicle (EV) charging network in the US state of California.  More »

Crestwood joint venture acquires Antero’s US shale gathering assets

Crestwood Midstream Partners (CLMP) and Crestwood Holdings Partners said their newly formed joint venture, Crestwood Marcellus Midstream has completed the acquisition of Antero Resources Appalachian Corporation’s Marcellus Shale gathering system asse…  More »

Centrica, DONG Energy partner to develop offshore wind farms

Centrica and DONG Energy have formed a joint venture to co-develop offshore wind farms in the Round 3 Irish Sea Zone, which has a potential capacity of 4.2GW.  More »

Technip lands subsea contract in UK North Sea

Technip UK has won a EUR600m contract from BP and partners to develop the subsea infrastructure for the Quad 204 project in the West of Shetland.  More »