WINGAS sells its biomethane business to E.ON

by Timothy Reeder | Jul 1, 2019 | News

As part of its reorientation and further integration into the GAZPROM Group, WINGAS GmbH has decided to optimize and focus on its core business, the sale of conventional natural gas, and has consequently initiated the sale of its biomethane business to E.ON Bioerdgas...

Siemens to provide the power island, service, and financing for power plant in Armenia

by Timothy Reeder | Jul 1, 2019 | News

Siemens will supply a complete power island for the new Yerevan 2 combined cycle power plant at the existing plant site in the Armenian capital. The company will also operate and maintain the plant for a period of 20 years. Siemens Financial Services (SFS) –...

BP invests $30m in breakthrough technology to produce animal feeds from natural gas

by Timothy Reeder | Jul 1, 2019 | News

BP Ventures has made an investment of $30 million in Calysta, Inc., an alternative protein producer, that will use BP’s natural gas to produce protein for fish, livestock and pet feeds. The investment supports BP’s strategy of creating new markets in which gas can...

Rolls-Royce and Yuchai Machinery broaden their collaboration

by Timothy Reeder | Jul 1, 2019 | News

The Rolls-Royce Power Systems division and its Chinese partner Guangxi Yuchai Machinery Company intend to further intensify their collaboration in the construction and sale of engines. A corresponding agreement was signed by representatives of both companies during...

Total Launches Phase 2 on the Giant Mero Field Development

by Timothy Reeder | Jun 12, 2019 | News

Total and its partners have taken the investment decision for the second phase of the Mero project (Libra block), located deep offshore, 180 kilometers off the coast of Rio de Janeiro, in the prolific pre-salt area of the Santos Basin in Brazil.  This decision...