Siemens Gamesa Launches Giant Offshore Wind Turbine

Siemens Gamesa Launches Giant Offshore Wind Turbine

Spain’s Siemens Gamesa Renewable Energy said on January 16 that the company launched the SG 10.0-193 DD, SGRE’s first 10+ MW offshore wind turbine, with blades almost the same length as a soccer field.

UK Parliament Rejects Brexit Withdrawal Agreement

UK Parliament Rejects Brexit Withdrawal Agreement

British Prime Minister Theresa May‘s vote on the Brexit Withdrawal Agreement failed to garner enough support in the Parliament as May saw her proposal defeated by a margin that was far larger, the widest in nearly a century, as the government lost the vote by 202 to 432, including the vote of 118 Conservative MPs.

US and Germany Spar Over Nord Stream-2

US and Germany Spar Over Nord Stream-2

The US’ ambassador to Germany, Richard Grenell, has reportedly sent letters to German companies building the Russia-backed Nord Stream-2 pipeline, warning them that they risk being subjected to “significant sanctions” if they did not pull out of the gas pipeline project, Bild am Sonntag newspaper reported, cited by DW.

Gazprom Launches Gas FSRU in Kaliningrad Region

Gazprom Launches Gas FSRU in Kaliningrad Region

With President Vladimir Putin in attendance, Russian gas monopoly Gazprom commissioned an offshore gas receiving terminal and a floating storage and regasification unit (FSRU) called Marshal Vasilevsky on January 8 in the Kaliningrad Region.

Italy’s ENI Acquires Oil Field in Alaska

Italy’s ENI Acquires Oil Field in Alaska

Italian energy major ENI said the company has entered into an agreement to acquire 70% and operatorship of the Oooguruk oil field in Alaska from Caelus Natural Resources Alaska.

Lithuanian Renewable Energy State Aid Gets EU Approval

Lithuanian Renewable Energy State Aid Gets EU Approval

A measure to support the production of electricity from renewable energy sources and a measure to support electro-intensive users in Lithuania have been approved by the European Commission, under EU State aid rules, the Commission’s competition chief has said.

Are Smart Cities the Solution to Urban Problems?

Are Smart Cities the Solution to Urban Problems?

Over the past years, the concept of smart cities has been discussed among global leaders, European Institutions and prominent technology providers.

Slower Global Economic Growth Can Lead to Lower Oil and Gas Prices in 2019

Slower Global Economic Growth Can Lead to Lower Oil and Gas Prices in 2019

Oil prices are unlikely to rise significantly this year because of fears of an oil supply glut caused by over production and reduced oil demand due to a slowdown on global economic growth as well as doubts that an oil supply cut deal between the Organization of Petroleum Producing Countries (OPEC) and non-OPEC members reached in December will be implemented fully in early 2019.

ENI, Exxon Secure LNG Offtake Commitments in Mozambique

ENI, Exxon Secure LNG Offtake Commitments in Mozambique

Mozambique’s Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project in the Lusophone East African nation, US energy major ExxonMobil and Italy’s ENI said on December 28.

China’s Myth-Busting Miracle

China’s Myth-Busting Miracle

Forty years ago, on December 29, 1978, the 11th Central Committee of the Communist Party of China released the official communiqué from its third plenary session, launching the greatest economic-growth experiment in human history. In newspeak understandable to CPC insiders, the country’s leaders, channelling the wishes of Deng Xiaoping, announced a series of unprecedented “modernisations” that would transform one of the world’s least developed countries into a leading economic power.