Inter RAO Group, SOGAZ Insurance Group (the winning bidder) and the international broker Willis Towers Watson began to implement the property and entrepreneurial risk insurance program which provides for protection of power units commissioned under Capacity Deliver Agreements (CDA) against downtime.
The Eurogas industry association, representing the interests of 43 European gas market players, has published its position on the European Commission’s initiative to amend the Third Energy Package, which would extend to existing and future gas pipelines from outside the borders of the EU jurisdiction.
Gazprom Neft subsidiary Gazpromneft-Yamal has completed construction of Russia’s first ever multilateral well with four horizontal cased-hole side tracks, at its Novoportovskoye field.
By investing in a new major project, E.ON underscores the attractiveness of the U.S. wind power market. In Kenedy County, Texas, E.ON has begun construction of the Stella wind farm.
The two awards last week are equivalent to an aggregate new capacity of more than 1 GW and a total investment of approximately 1 billion US dollars.
Mechel reports signing a memorandum on coke supply with a major Balkans steelmaker, HBIS Group Serbia Iron & Steel.
Pampa, located in the wind resource-rich Chubut Province, will be the Group’s landmark first wind project in the country.
Rosneft and BP have agreed to develop subsoil resources within the Kharampurskoe and Festivalnoye licence areas of the Yamalo-Nenets Autonomous Okrug in northern Russia, with total geological reserves exceeding 880 bcm of gas.
The consolidation of Mosenergosbyt is in line with Inter RAO Group strategy in terms of ensuring an optimal asset holding structure.
NOVATEK announced today that Yamal LNG has shipped the first LNG cargo containing 170 thousand cubic meters. The first cargo was sold to Petronas LNG UK Limited (PLUK).