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Today's News Podcast
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Industry : Power
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World Region : Middle East
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World Region : Europe
More Than $3 Billion of Industrial Projects Planned for U.S. Northeast in First-Quarter 2012
The U.S. Northeast market region has more than $3.1 billion in projects that are planned to begin in the first quarter of this year....
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North America
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More Than $3 Billion of Industrial Projects Planned for U.S. Northeast in First-Quarter 2012
The U.S. Northeast market region has more than $3.1 billion in projects that are planned to begin in the first quarter of this year....
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January 27, 2012
Industrial Manufacturing
Jacobs Engineering Reports Profit, Backlog Gains for Fiscal First-Quarter 2012, Sees Market Improvement Ahead
Jacobs Engineering Group Incorporated reported strong overall results in the fiscal first quarter of 2012 as improving markets boosted the company's sales and grew its backlog. ......
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January 27, 2012
Industrial Manufacturing
New Orders of Manufactured Durable Goods Increase 3% to Close 2011, While Spending Remains Modest
Following the adjustment of November's orders number, the economy ended the year on an upswing, as durable goods orders have increased for five of the last six months. ......
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January 27, 2012
Industrial Manufacturing
Nucor Continues Growth Projects as Profits Rise in 2011
Steelmaker Nucor Corporation (NYSE:NUE) has announced planned 2012 capital spending of approximately $1 billion....
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January 27, 2012
Metals & Minerals
EIA Report Re-Estimates U.S. Shale Gas Resource
U.S. shale gas reserves grew over the last year as increased estimates of the size of some shale formations offset a significant reduction in the estimated reserves in the Marcellus Shale....
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January 27, 2012
Production
Latin America
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Nicaragua: Geothermal San Jacinto Tizate Phase I Fully Operational
Ram Power Corporation (TSX:RPG) (Reno, Nevada) and Polaris Energy Nicaragua (Managua, Nicaragua) recently announced that the Phase I expansion at San Jacinto-Tizate has begun commercial operation....
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January 27, 2012
Power
Global Hydropower Grows at 5% as China Plans to Add 140,000 Megawatts by 2015
The global use of hydropower grew more than 5% year over year from 2009 to 2010, according to research organization Worldwatch (Washington D.C.)....
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January 27, 2012
Power
El Morro Project Receives Environmental Impact Studies Approval
Sociedad Contractual Minera El Morro announced the capital approval of its $3.9 billion El Morro mining project, which consists of a copper and gold operation that will exploit ......
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January 25, 2012
Metals & Minerals
Dominican Republic: Inveravante to Construct 50-Megawatt Windfarm
Inveravante Republica Dominicana (Santo Domingo, Dominican Republic), a subsidiary of Inveravante SA (La Coruña, Spain), is under way with engineering studies for the construction of the 50-megawatt (MW) Granadillos windfarm....
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January 25, 2012
Power
Peru's Empresa de Generación Arequipa Reschedules Maintenance Outages at Pisco Power Plant
Empresa de Generación Arequipa SA (Arequipa, Peru) has rescheduled minor maintenance outages that were planned to be performed this month......
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January 23, 2012
Power
Europe
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Scotland fast tracks Electricity Grid Upgrade
Scotland's charge to become Europe's renewable energy powerhouse have been given a significant boost as an €8.4 billion ($11 billion) plan to upgrade its ageing electricity networks is to be accelerated....
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January 27, 2012
Power
Global Hydropower Grows at 5% as China Plans to Add 140,000 Megawatts by 2015
The global use of hydropower grew more than 5% year over year from 2009 to 2010, according to research organization Worldwatch (Washington D.C.)....
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January 27, 2012
Power
U.K. Launches First Marine Energy Park
Plans by the U.K. to harness the power of the sea advanced significantly this week when the government named the South West region as the country's first marine energy park....
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January 26, 2012
Power
U.K. Dominates European Offshore Wind Market
The European offshore wind power market remained relatively stable in 2011 but it was the U.K. which stormed to the forefront of the rapidly growing renewable energy sector....
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January 25, 2012
Power
Spanish Consortium to Build $8.2 Billion Saudi High-Speed Rail Link
The Saudi Arabian government has signed an $8.22 billion contract with the Saudi-Spanish Al-Shoula consortium to develop Phase II of the Haramain High-Speed Rail project....
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January 25, 2012
Industrial Manufacturing
Africa
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South Sudan Shuts Down Oil Wells and Signs for Pipeline Project with Kenya
Two major events have occurred between newly independent South Sudan and Sudan in the tussle over oil transportation charges and coastal export access....
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January 27, 2012
Transmission
Global Hydropower Grows at 5% as China Plans to Add 140,000 Megawatts by 2015
The global use of hydropower grew more than 5% year over year from 2009 to 2010, according to research organization Worldwatch (Washington D.C.)....
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January 27, 2012
Power
Zimbabwe Gives Green Light to French Consortium for 2,000-Megawatt Thermal Power Project
Pre-construction phase preparations are being finalized by the French consortium that has been granted a license by the Zimbabwe government to build a 2,000-megawatt......
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January 26, 2012
Power
UAE Group Pushes Production Restart at Libya's Largest Refinery
Output from Libya's largest oil refinery, Ras Lanuf, will start up again this year after production was stopped during last year's resistance against Muammar Gaddafi's regime....
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January 23, 2012
Petroleum Refining
Asia & Middle East
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Asia-Pacific PV Solar Beats Forecasts with 165% Growth in 2011
The photovoltaic (PV) solar power market in the Asia-Pacific region grew 165% year over year in 2011 and is forecast to grow an additional 40% in 2012....
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January 27, 2012
Power
Global Hydropower Grows at 5% as China Plans to Add 140,000 Megawatts by 2015
The global use of hydropower grew more than 5% year over year from 2009 to 2010, according to research organization Worldwatch (Washington D.C.)....
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January 27, 2012
Power
China's Investment in Fixed Assets Up 23.8% in 2011
In 2011, China's investment in fixed assets (excluding rural households) reached $4.7 trillion, up 23.8% from 2010, or 0.7 percentage point lower than the first 11 months of this year. ...
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January 26, 2012
Industrial Manufacturing
GCC Countries Drive $353 Billion in Hydrocarbon Projects, but Postponements and Cancellations Threaten
Saudi Arabia is home to more than 60% of the Gulf Cooperation Council's total hydrocarbon projects, with planned investments of about $215 billion covering 147 major ventures....
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January 26, 2012
Chemical Processing
Concorde Energy Oil Terminal to be Operational by March 2013
Oil trader Concord Energy Pte Limited is mulling plans to boost petroleum storage in the hydrocarbon-rich Persian Gulf region, as part of a global push to diversify its business beyond Asia....
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January 26, 2012
Terminals
Oceania
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Asia-Pacific PV Solar Beats Forecasts with 165% Growth in 2011
The photovoltaic (PV) solar power market in the Asia-Pacific region grew 165% year over year in 2011 and is forecast to grow an additional 40% in 2012....
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January 27, 2012
Power
Peabody Energy CEO: Reduced U.S. Coal Generation is Little Problem in Strong Global Coal Market
Peabody Chairman and CEO Greg Boyce desrcibed the global economic situation as "a two-speed global economy marked by sluggish Western GDP but high, ongoing growth in developing Asia."...
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January 25, 2012
Metals & Minerals
Cliffs Natural Resources Outlines $1 Billion in 2012 Capital Spending
Miner Cliffs Natural Resources Incorporated (NYSE:CLF) (Cleveland, Ohio) last week announced that the company is planning capital expenditures of approximately $1 billion in 2012....
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January 23, 2012
Metals & Minerals
Victoria and South Australia Amend Windfarm Policy
Australia's wind energy industry has seen dramatic growth following the announcement of the federal government's renewable energy and emissions reduction targets....
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January 19, 2012
Power
Ichthys LNG Project Sanctioned: Total Investment Value Reaches $34 Billion
INPEX Corporation (TYO:1605) (Tokyo) and Total SA (NYSE:TOT) (Paris, France) reached a final investment decision (FID) last Friday, January 13, for the Ichthys LNG production plant....
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January 17, 2012
Production
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Today's Most Popular News
As Keystone XL and Northern Gateway Pipelines Stall, Other Projects Ready to De-Bottleneck Cushing
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FPL Capital Program Bets Big On Low Natural-Gas Prices
Virgin Islands' Hovensa Refinery to Cease Operations, Become Oil-Storage Terminal
IIR's Spending Indicators - December 2011
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