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Iraq signs natural gas deal with Iran

  • 12 years ago (2011-05-24)
  • Junior Isles

Iraq has signed a new five-year deal to import natural gas from Iran to ease its electricity woes, an official has said. The agreement deepens Iraqi economic ties with Tehran as US troops prepare to leave at the end of this year.

ExxonMobil predicts boom in gas demand

  • 12 years ago (2011-05-24)
  • Junior Isles

Global demand for natural gas is expected to balloon in the next two decades according to a recent forecast from ExxonMobil. Rob Gardner, manager of the economics and energy division at the ExxonMobil corporate strategic planning department, predicts gas will become a key area of investment as fuel demand for power generation surges.

UK power reform proposals criticised by MPs

  • 12 years ago (2011-05-20)
  • Junior Isles

UK MPs have criticised the government’s current power market reforms and cast doubt on their ability to deliver enough investment for improved energy infrastructure, in a climate change committee report.

Zhejiang heavy powers users to pay increased prices

  • 12 years ago (2011-05-19)
  • David Flin

Zhejiang province in eastern China will impose punitive power prices on big power consumers from June 1 if their energy use exceeds stipulated standards, in an effort to curb demand amid rising capacity shortfalls.

Drought worsens China’s power supply crunch

  • 12 years ago (2011-05-18)
  • David Flin

Much of central China is facing power cuts and rolling blackouts as drought dries rivers, reducing hydroelectric capacity.

Peru announces $1.2 billion investment in hydroelectric plant

  • 12 years ago (2011-05-18)
  • David Flin

Pedro Sanchez, Peru’s Minister of Energy and Mines, and Erlon Artfelli of the Huallaga Generation Company, signed three procurement contracts for the construction and operation of the Chaglla Hydroelectric Plant, located in the Huánuco region in Peru.

Lanco plans to quadruple power generation

  • 12 years ago (2011-05-17)
  • Junior Isles

Lanco Infratech Ltd., an Indian electricity producer controlled by billionaire L. Madhusudhan Rao, plans to borrow about $5.6 billion to quadruple power generation over the next four years.

Saudi Aramco to expand capacity to meet fuel production demands

  • 12 years ago (2011-05-15)
  • Junior Isles

Saudi Aramco, the world’s largest state-owned oil company, plans to double its power- generating capacity to 4000 MW by 2015 in order to meet expected demand from crude and natural gas production.

Japan abandons nuclear power expansion plans

  • 12 years ago (2011-05-12)
  • David Flin

Japan’s Prime Minister, Naoto Kan, has announced that the country will abandon plans to expand its nuclear power industry, and instead will make renewables a key part of its energy policy.

Electric cars could help balance the UK grid

  • 12 years ago (2011-05-11)
  • Junior Isles

Electric vehicles may help the UK cope with erratic renewable power generation in the future by recharging when demand is low and supplying the network when demand is high, the National Grid has said.