News

Black & Veatch has been selected by Black Hills Energy to provide detailed design engineering services for the Busch Ranch wind project in the US state of Colorado.

Southern Company subsidiary Georgia Power has received licence approval to start construction on two nuclear units at the Vogtle plant in Georgia, US.

Japan-based Mitsubishi Corporation (MC) has signed an agreement with TenneT Holding to purchase a 49% equity stake in two offshore transmission cable projects in Germany.

Toshiba JSW Turbine and Generator has commissioned its new 'super-critical' steam turbine and generator manufacturing facility in Chennai, India.

Australian shipbuilder Strategic Marine has started 2012 strongly, signing contracts to build eight 20 metre offshore wind farm crew transfer vessels (including options) for the European market.

Algoma Central Corporation, the owner of Canada’s largest domestic fleet of vessels operating on the Great Lakes

Lamprell, a leading provider of diversified engineering and contracting products and services to the onshore and offshore oil & gas

Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the Company had won orders for 4 liquefied natural gas carriers and 1 LNG floating storage regasification unit worth USD 1.1 billion.

Milaha, previously known as Qatar Navigation, today announced that its fully-owned subsidiary, Qatar Shipping Company, has signed an agreement to increase its stake in two LNG carriers.

A Norfolk-based company has secured a contract to transfer workers between Lowestoft and a proposed Greater Gabbard wind farm offshore Suffolk, reports EDP 24.

Steamship company Safmarine held a naming ceremony in Savannah for its newest vessel, the Sahara, Friday.

The 87,000 DWT NYK-operated bulk carrier, Shirakumo, arrived at the port of Soma’s wharf No. 5 in Fukushima prefecture on February 9. Shirakumo is the first coal carrier to berth at the wharf since the Great East Japan Earthquake.

Ming Yang Wind Power International has shipped the first batch of turbine generators for a 4.5MW pilot project in Somovit, Bulgaria, which is expected to be commissioned by July this year.

The price negotiating power of coal-hungry utilities is likely to weaken if a merger between commodities giant Glencore International and global mining company Xstrata goes ahead, analysts have warned.

Power and automation group ABB has entered into an agreement with independent solar energy plant company, FG Emvelo to develop concentrating solar facilities in South Africa.

Power and automation group ABB has secured a major substation order from Hydro One Networks.

An "element of fear" is playing into the price of oil despite higher supply and decreasing demand, Saudi Prince Alwaleed bin Talal al Saud told CNBC.

BP's fourth-quarter replacement cost profit was $7,606 million, compared with $4,614 million a year ago.

Oil prices are expected to stay between $100 and $115 a barrel until mid-year, barring "surprises and geopolitical changes," Kuwait's Oil Minister Mohammad al-Basseri said.

Iran has banned business with foreign companies involved in its refinery sector, the Islamic Republic's Mehr news agency reported.