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Metso's Fourth-Quarter 2015 Earnings Drop on Weak Economic Growth, Low Commodities Prices

...Fourth-quarter earnings for Metso dropped 34%....
       Friday, February 5, 2016 Mining

Hitachi is Nervous over Planned Nuclear Plant in Wales

...Hitachi expresses concerns over financial deal for proposed U.K. nuclear plant....
       Friday, February 5, 2016 Power

Pharma-Bio, Aerospace and Technology Projects Soften the Blow for Jacobs Engineering in First Quarter

...Jacobs Engineering reported a drop in its project backlog....
       Thursday, February 4, 2016 Pharmaceutical

Gamesa Confirms Merger Talks with Siemens

...Spanish renewable energy company and wind turbine maker Gamesa Corporation S.A. (MCE:GAM) (Zamudio, Spain) talks about possible merger with German engineering firm Siemens AG (FWB:SIE) (Munich, Germany)....
       Thursday, February 4, 2016 Power

Exxon Mobil Reports Earnings of $2.8 Billion for Fourth-Quarter 2015, Sets Capex for 2016 at $23.2 Billion

...Exxon Mobil experiences decrease in earnings for fourth-quarter 2015 overall and in most of its business segments; however, it saw an increase in its petroleum refining and downstream businesses....
       Wednesday, February 3, 2016 Production

First Carbon Capture Starts at Norwegian Waste-To-Energy Plant

...The first carbon capture project at a waste-to-energy (WTE) power plant has started at the Klemetsrud facility in Oslo, Norway....
       Wednesday, February 3, 2016 Power

B&W Secures $90 Million Waste-to- Energy Contract in the U.K.

...Urbaser Balfour Beatty (UBB) (Essex, England) has contracted Babcock & Wilcox Vølund A/S (B&W) (Esbjerg, Denmark) to construct a 14.5 megawatt (MW) waste-to-energy (WTE) power plant in Gloucestershire, England....
       Tuesday, February 2, 2016 Power

Shell Gets Green Light for $70 Billion Takeover of BG

...A $70 billion takeover by Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands) of BG Group Plc (LSE: BG) (Reading, England) will go ahead following resounding votes of confidence by the shareholders of both companies....
       Monday, February 1, 2016 Production

RWE Puts U.K. Onshore Windfarms on Ice

...German energy giant RWE AG (XETRA:RWE) (Essen, Germany) has cancelled or put on hold £1 billion ($1.4 billion) of onshore wind projects in the U.K. blaming the government's decision to end its support for onshore wind....
       Friday, January 29, 2016 Power

Daily News Energy Headlines from January 28, 2015

...Scan through a selection of energy-related news highlights that we think will interest our clients....
       Friday, January 29, 2016 Production

U.K. Could Have First Mini Nuclear Plant by 2025

...The U.K. could have its first Small Modular Reactor (SMR) nuclear power plant by 2025 according to NuScale Power LLC (Portland, Oregon)....
       Thursday, January 28, 2016 Power

Greenland and Denmark Forge Uranium Deal

...Denmark and Greenland have signed a wide-ranging agreement to regulate the future mining and export of uranium and rare earth materials....
       Wednesday, January 27, 2016 Mining

Daily News Energy Headlines from January 26, 2015

...Scan through a selection of energy-related news highlights that we think will interest our clients....
       Wednesday, January 27, 2016 Production

Shell Aims to Shed 10,000 Jobs

...Royal Dutch Shell plc (NYSE:RDS.A) (The Hague, Netherlands) has announced plans to shed 10,000 jobs as oil prices continue to plummet....
       Tuesday, January 26, 2016 Production

Halliburton Slashes Capex as Revenues Continue to Fall

...Halliburton Company reported a $28 million loss for fourth-quarter 2015....
       Tuesday, January 26, 2016 Energy

Abengoa Has Fire Liquidation Sale to Reduce Debt before Banks and Bondholders Swoop In

...Abengoa S.A. is selling assets in an effort to avoid going bust....
       Tuesday, January 26, 2016 Alt Fuels

Hinkley Point C Nuclear Plant Gets Approval for Grid Connection

...The U.K. government has granted permission for the grid connection line needed to connect the proposed $28 billion Hinkley Point C nuclear power plant....
       Monday, January 25, 2016 Power

Industrial Market Outlook in Review: Low Oil Prices Mean More Business for Storage, Refineries

...The global Oil & Gas Industry is facing a massive supply glut that has battered the per-barrel price and reverberated throughout every corner of the economy....
     Transportation Graph, turnarounds Monday, January 25, 2016 Production

General Electric Strengthens Commitment to Restructuring for 2016

...Power and Manufacturing giant General Electric Company (NYSE:GE) (Fairfield, Connecticut) plans to increase its restructuring budget to $3.4 billion for 2016, double the amount of $1.7 billion it targeted last month....
       Monday, January 25, 2016 Power

Daily News Energy Headlines from January 22, 2015

...Scan through a selection of energy-related news highlights that we think will interest our clients....
       Monday, January 25, 2016 Power

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