Italy's Eni and the Nigerian National Petroleum Corporation (NNPC) have signed a memorandum of understanding that envisages, among other things, that Eni will progress plans to double generation capacity at the Okpai Independent Power Plant “through the fast track development of its Phase II making it one of the largest combined cycle power plants in Africa” Eni said.
UK's energy supplier British Gas Business is to pay £9.5 million in redress “following failings in its registrations, complaints handling and billing processes for business customers,” UK regulator Ofgem said.
The new energy strategy of Poland should focus on the transition to a cleaner energy mix as well as on improving the country's energy security, the International Energy Agency (IEA) said in its latest country review of Poland.
Siemens has received a major order for 12 compressor trains for two onshore natural gas processing plants in Iran.
Siemens' customer is the engineering, procurement and construction (EPC) company Hampa Engineering Corporation. The plants are operated by Palayesh Parsian Sepehr.
Siemens has received an order from Castle Peak Power Company Limited (CAPCO) for the delivery of a power block for a new combined cycle unit in its Black Point Power Station in Tuen Mun, in the northwest of Hong Kong.
Singapore's Sembcorp has signed a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar (MOEE) for its 225 MW Myingyan gas-fired power plant currently under construction in Mandalay.
Demand for natural gas in Spain reached a new record on January 19, rising to 1,589.19 GWh on the back of the ongoing cold snap that is affecting the country.
Ukraine cutting its gas ties with Russia is becoming a reality, which in the coming years might lead to a radical change in scenario for energy trading between the two countries and with Europe, the most recent issue of the quarterly Oxford Energy Forum publication by the Oxford Institute for Energy Studies (OIES) argued.
Dong Energy expects to sell all its oil and gas activities by the end of 2017, with the oil and gas business due to appear as “discontinuing operations” in the company's financial statement for full-year 2016, the company said in a statement on January 19.
Engie and GRTgaz have signed a preliminary memorandum of understanding for the acquisition of Engie's LNG subsidiary Elengy by GRTgaz.
Engie owns 75% of shares in GRTgaz, the French natural gas transmission operator, along with SIG (25%).
General Electric has secured more than $1.4 billion in orders from Iraq’s Ministry of Electricity to set up power plants totalling over 2 GW as well as provide technology upgrades and maintenance services.
In detail, GE is to set up the Samawa and Dhi Qar Power Plants, which will have a combined capacity of 1.5 GW. In the first phase of the project, GE will install four 9E gas turbines in simple cycle at each site by 2018. The second phase will entail the combined cycle conversion of the 9E units, GE said.