ASEAN considers transnational gas pipeline and electricity grids
Transnational ASEAN gas pipeline and electricity grids to overcome economic and political issues.
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Energy commodities: 21/07/10
Crude edges up on Dow Jones, S&P500. API report suggests lower than expected US oil stock draw, US coal inventories at power plants continue their decline, EUAs hit by lower German power and natural gas.
BHEL wins US$565m contract to build 1220MW coal-fired power plant
Company currently looking to boost equipment manufacturing capacity to 20GWpa.
GE Energy and Doosan to develop advanced large steam turbines and generators
Agreement enhances development of low-CO2 power generation
International Power in talks over GDF Suez assets
International Power of the UK and France’s GDF Suez have resumed talks for a reverse takeover which will see GDF as a majority shareholder in a larger International Power if successful.
Energy commodities: 20/07/10
Crude settles higher on positive earnings data, natural gas drops slightly, Chinese coal prices stable, EUAs book gains despite uneven energy complex performance.
Siemens to supply technology for new US IGCC project
Coal-fueled plant to feature 90 per cent carbon capture and storage.
Alstom reports 36% quarterly order drop as customers wait-and-see
Acquisition of Areva’s transmission arm, dividend payments, weak new orders pushes company into the red for 2Q10.
Climex to hold EU CO2 auctions for The Netherlands
Climex moves towards two CO2 auctions in The Netherlands.
Ethiopia gets ready to export power to energy-hungry Africa
Gilgel Gibe II hydropower plant expected to be up and running by the end of this month. Sudan and Djibouti likely to be main recipients of Ethiopian power exports.
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