Gazprom and PetroVietnam to launch new oil and gas projects and cooperate in power sector

by Timothy Reeder | May 17, 2016 | News

Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Quoc Khanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), signed today in Moscow a number of documents to strengthen cooperation between the companies. The...

Statoil farms into Turkey onshore acreage

by Timothy Reeder | May 16, 2016 | News

Statoil has entered a binding letter agreement into two exploration licenses in the Thrace region in the European north-western part of Turkey. Statoil will have a 50% interest in the Banarli licences, while the operator Valeura Energy Inc., a Canadian exploration...

Siemens receives order for substations in Bahrain

by Timothy Reeder | May 16, 2016 | News

Siemens has been awarded an order to upgrade the energy infrastructure for the Kingdom of Bahrain. The company is to supply, install and commission three 400/220-kV substations, including the control and protection systems and cable re-routing. Siemens will introduce...

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...