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Albania’s Power Corp taps Bechtel for Skavica plant
Albania’s Power Corporation (KESH) and Bechtel signed an agreement to begin the early works for the 210 MW Skavica plant on the Drin River under...
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Shell sells 37.5% stake in Germany PCK Schwedt Refinery
Shell Deutschland has reached an agreement with Alcmene, a part of the Liwathon Group, for selling its non-operated 37.5 percent stake in the Germany...
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Wartsila wins major power project deals in Italy
Wartsila announced an agreement with Metaenergiaproduzione, a part of Italian Metaenergia Group, to supply six power plants operating on natural gas, with a total...
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British utility SSE to invest $5.7 bn in networks and services
Scottish and Southern Electricity Networks (SSEN), a subsidiary of British utility SSE, is set to invest 4.1 billion pounds ($5.7 billion) in its networks...
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Shell may exit California joint venture with Exxon Mobil
Royal Dutch Shell is likely to leave Aera, its California-based oil and gas-producing joint venture with Exxon Mobil, Reuters reported.
Shell has divested numerous carbon...
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Exxon to cut workforce by up to 10% annually
Top U.S. oil producer Exxon Mobil is preparing to cut its U.S. office workforce by between 5 percent and 10 percent every year for...
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Kuwait Oil selects Halliburton for digital transformation
Halliburton Company has received a contract from Kuwait Oil Company (KOC) to expand KOC’s digital transformation to maximize operational efficiency and increase production.
The scope...
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Siemens Energy to supply turbines to power Turtle Creek Station
Siemens Energy will provide two SGT6-5000F turbines to power Omaha Public Power District’s (OPPD) new Turtle Creek Station Peaking Plant in Papillion, Nebraska.
The turbine facility will...