Adani Transmission to buy Reliance Energy from RInfra for $2.9bn

Pallavi Madhiraju- December 23, 2017

Energy acquisition news : Adani Transmission Limited has struck a deal to acquire Reliance Energy, the integrated Mumbai power business of Reliance Infrastructure (RInfra) for ... Read More

Statkraft sells stake in Sheringham Shoal wind farm offshore UK to Equitix

Pallavi Madhiraju- December 16, 2017

Energy acquisition news : Statkraft, a hydropower company owned by the Norway government, has reached a deal worth £558 million to divest its 40% stake ... Read More

Latest GE Power layoffs to impact 12,000 employees

Pallavi Madhiraju- December 10, 2017

GE Power layoffs : In a massive lay off program, General Electric (GE) will make 12,000 employees redundant at its GE Power unit with an ... Read More

Reliance Power secures deal for first phase of Bangladesh power project

Pallavi Madhiraju- December 2, 2017

India Bangladesh power project : Anil Ambani’s Reliance Power has wrapped up agreements related to the first phase of its  3GW LNG-fired power project in ... Read More

Maersk Oil, partners to move ahead with $3.4bn Tyra redevelopment project

Pallavi Madhiraju- December 2, 2017

Oil and gas industry news : Maersk Oil and its partners as part of the Danish Underground Consortium (DUC) are all set to invest around ... Read More

Acciona Energia breaks ground on 183MW San Gabriel wind farm in Chile

Pallavi Madhiraju- December 1, 2017

Wind industry news : Spanish wind energy company Acciona Energia has commenced construction on its 183MW San Gabriel wind farm in Chile with an aim ... Read More

Italian energy company Enel to develop 593MW wind power projects in Mexico

Pallavi Madhiraju- November 26, 2017

Wind industry news : Italian energy company Enel will develop four wind power projects in Mexico that will have a combined power generation capacity of ... Read More

Engie to develop 688MW renewable energy projects in Mexico

Pallavi Madhiraju- November 25, 2017

Energy industry news : French energy giant Engie will develop four renewable energy projects in Mexico that will have a combined power generation capacity of ... Read More

US oil companies Talos Energy, Stone Energy sign $2.5bn merger deal

Pallavi Madhiraju- November 22, 2017

Energy acquisition news : US oil companies Talos Energy and Stone Energy have reached a deal to combine into an offshore-focused exploration and production company ... Read More

Siemens job cuts 2017 : About 7,000 jobs to go as gas turbine demand falls

Pallavi Madhiraju- November 18, 2017

Energy industry news : In the latest news about Siemens job cuts 2017, the industrial manufacturing company has announced its decision to slash close to ... Read More