Eni announces a new and original model of integration between its traditional business and energy from renewable sources

by Timothy Reeder | May 12, 2016 | News

Eni has made new and important progress in its commitment to combatting climate change, creating an original model of integration between its traditional business and energy from renewable sources. New renewable energy generation projects will be implemented in the...

Unlocking Low-Cost, Large-Scale Solar Power

by Timothy Reeder | May 12, 2016 | News

Solar power has enormous potential to quickly and affordably meet the energy needs of emerging markets—including in sub-Saharan Africa, where two out of three people lack access to electricity and existing grids are under strain. But while large countries such as...

Gazprom commissions 1.4 GW of new power generating capacities in 2015

by Timothy Reeder | May 12, 2016 | News

The Gazprom’s Power Generation Strategy Press Conference was held at the Company’s headquarters recently in the lead-up to the annual General Shareholders Meeting. The Press Conference featured Denis Fyodorov, Head of Gazprom Directorate and Director...

E.ON and Evonik officially put combined cycle gas turbine power plant at the Marl chemical park into operation

by Timothy Reeder | May 12, 2016 | News

E.ON and Evonik Industries have officially put a highly efficient combined-cycle gas turbine (CCGT) power plant at the Marl chemical park into operation. The power plant was developed, financed and built by E.ON Connecting Energies and will be operated by Evonik. It...

E.ON’s transformation making progress

by Timothy Reeder | May 12, 2016 | News

E.ON’s first-quarter results were in line with expectations. EBITDA increased from €2.8 billion to €3.1 billion. Underlying net income also rose by €300 million to €1.3 billion. The earnings improvement is attributable to a nonrecurring positive effect resulting from...