Adenium Capital and its venture partner ForVEI announced that it had acquired a 24 megawatt solar facility in Italy.
Energy
Reliance Industries Ltd and ONGC signs MoU for infrastructure sharing
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
Lanco discusses restructuring of US$1.5 billion debt
India's Lanco Infratech Inc said that they are currently in discussion regarding the restructuring of the company's debt.
Innergex acquires hydroelectric facility for US$28.6 mln
Electricity provider Innergex completes its US$28.6 million purchase of Magpie hydroelectric facility in Quebec.
Repsol waiting for Shell talks to unfold before selling Gas Natural stake
Repsol is considering to sell its 30% stake in Gas Natural Formosa worth Eur 4.5 billion but holds it off until deal with Shell is finalized.
Latest News
Statoil ASA announced a profit decline for the second quarter of 2013. Norwegian energy company Statoil ASA experienced an unexpected drop in profit in the second quarter, a backlash of the declining gas and oil production and prices.
PNC Financial Services Group gave Emerge Energy Services a US $150 million loan facility, which will be used to refinance its debt and to cover general corporate purposes.
Z Energy Ltd. of New Zealand said that they are planning to raise US$717 million through an initial public offering.
BrightSources stated that it has raised up to US$15 million in convertible promissory note offerings and equity funds.
The Renewables Infrastructure Group Ltd. raised US$460million or GBP300 million in concluded IPO. The Renewables Infrastructure Group Ltd. (TRIG), announced that they were able to raise GBP300 million or US$460million.
According to past reports, natural gas companies planned on expanding their operations in the Gulf region.
According to an industry expert, the natural gas industry of Australia needs to have a policy revamp to stop possible losses and divestments.
A natural gas well exploded in the Gulf of Mexico today. A total of 44 workers were evacuated after a natural gas rig exploded in the Gulf of Mexico today.
KW International announced that it has opened a new 140,000 sq ft production facility in Columbus, Texas improving its manufacturing capabilities.
