As energy demand is rising again, the year 2011 marks a turning point in the oil & gas industry with increased investments in the entire value chain. Offshore Energy in Amsterdam (11 & 12 October 2011), clearly reflects the confidence that governs the industry today. In four years time, the number o
The Board of Directors of DONG Energy has today approved the interim financial report for the first half of 2011 with the following outlook and key performance indicators compared with the first half of 2010: EBITDA was DKK 9.1 billion compared with DKK 8.4 billion in the first half of 2010. The inc
STX Finland and STX Windpower announce that they are starting a joint collaboration on turnkey windpark supply in Northern Europe, focusing… (cruiseindustrynews) [mappress] Source: cruiseindustrynews, August 15, 2011
Moray Offshore Renewables (MORL) is unveiling a joint venture with Spanish companies EDP Renewables and Repsol to develop up to 1300 MW of… (energyefficiencynews) [mappress] Source: energyefficiencynews, August 15, 2011
The German Cabinet has passed several laws aimed at weaning the country away from nuclear power toward renewables. (smartmeters) [mappress] Source: smartmeters, August 12, 2011
MAJOR green energy projects in Yorkshire and across the UK have been held back by a lack of clarity and consistency from the Government… (yorkshirepost) [mappress] Source: yorkshirepost, August 12, 2011
The REpower Systems Group (WKN 617703) increased its sales by approx. 23% to EUR 262.5 million (previous year: EUR 213.1 million) in the first quarter of the 2011/12 fiscal year (April 1 to June 30, 2011). Total performance grew by nearly 22% from EUR 204.0 million to EUR 248.3 million. EBIT was EUR
GDF SUEZ reported robust results for first-half 2011, with EUR 45.7 billion in revenues, an increase of +7.9% despite very unfavorable impact of weather conditions in the Group’s domestic markets. Growth in operating activities was solid with EBITDA increasing +8.2%. This strong increase came mainly
International ‘Windspeed’ study presented, together with recommended course of action If companies and wind power equipment manufacturers find favourable conditions, the North Sea could become home to offshore wind farms with a combined generating capacity as high as 135 gigawatts by the year 2030.
The appointment of a new Inward Investment Director by the Norfolk and Suffolk Energy Alliance (NSEA) will create significant investment opportunities for the energy industry in the two counties. James Gray started work this month for the alliance, which is a partnership between Suffolk County Counc
Offshore wind is the mean of a reliable, intensive and abundant renewable energy. This relatively new source of electricity generation, which is capable to meet much of the populated coastal areas need for power around the world, has been also stimulating the development of marine economies with tho
Renewables developer Tidal Energy has been awarded £390,000 by the Carbon Trust to help fund environmental monitoring at its consented Ramsey Sound demonstration site off the Pembrokeshire coast. The grant comes weeks after the firm announced an £11M funding package for the manufacture and deploymen
ULSTEIN has established a new company, Ulstein IDEA Equipment Solutions. This company will take over the activities of former IDEA Heavy Equipment b.v, a Dutch company that ULSTEIN has cooperated with in recent years. Ulstein IDEA Equipment Solutions will be engaged in the development and manufactur
In the first six months of 2011, E.ON, the Düsseldorf energy group, recorded a massive decrease for all key earnings indicators. While group sales rose by approximately 20 percent year-on-year to roughly EUR53 billion, the Adjusted EBITDA decreased by 45 percent to EUR4.3 billion. The main reasons f
