Bid & Tender

theenergyinfo - News

Schneider Electric Invests in AutoGrid to Drive new AI Solutions

Date : Jun 17, 2019

Schneider Electric, a leader in the digital transformation of energy management and automation, has announced an investment in AutoGrid, a leader in flexibility management software for the energy industry.

 

The investment makes Schneider Electric a major shareholder in the company and establishes a co-innovation partnership focused on driving new AI (artificial intelligence) and machine learning solutions for the utilities and commercial and industrial companies.

 

The investment is led by Schneider Electric Ventures, part of Schneider Electric's newly-formed Innovation a...

Read more

Oil Price Surges due to Regional Tension

Date : Jun 17, 2019

Saudi Arabia has blamed Iran for attacks on two oil and chemical tankers in the Gulf of Oman waters but stopped short of declaring a conflict. Regional tension has pushed up oil prices.

 

Crown Prince Mohammed...

Read more

KOTC’s Vessels Operating Normally; Safety Precautions in Place

Date : Jun 17, 2019

State-run Kuwait Oil Tanker Company (KOTC) said on Thursday its vessels were operating as normal after suspected tanker attacks in the Gulf of Oman.

 

The company is ready for any emergency and has taken all...

Read more

India: 5mn Tons of Oil Reserves Lie Uninsured

Date : Jun 17, 2019

India is unable to secure insurance cover for about 5 million tonnes of crude oil reserves kept in caverns for any exigency, which also include supplies from sanctions-hit Iran. Global reinsurers are unwilling to provide cover fearing...

Read more

GAIL Offers to Assume Konkan LNG’s Debt in Exchange for Stake

Date : Jun 14, 2019

State-run gas utility GAIL (India) Ltd has proposed to assume the debt of about ₹40 billion of Konkan LNG Pvt. Ltd in lieu of receiving the lenders’ stake in the company for free, said two bankers aware of the discussions. The...

Read more

Maharashtra to Renegotiate Tariffs for 1,170 MW of Auctioned Solar Projects

Date : Jun 14, 2019

The Maharashtra Electricity Regulatory Commission (MERC) has ordered Maharashtra State Electricity Distribution Company Limited (MSEDCL) to renegotiate tariffs with solar developers for projects allocated to...

Read more

Tamil Nadu Launches Procedure for Deviation Settlement of Wind and Solar Projects

Date : Jun 14, 2019

Tamil Nadu State Load Dispatch Centre (TNSLDC) and Tamil Nadu Electricity Regulatory (TNERC) have issued the procedure for forecasting, scheduling, and deviation settlement mechanism of wind and solar...

Read more

Lukoil, Oil Minister, Discuss Prospects for Cooperation

Date : Jun 14, 2019

The President of Lukoil, Vagit Alekperov (pictured), has met with Thamir Abbas Ghadhban Al Ghadhban, Deputy Prime Minister and Minister of Oil of the Republic of Iraq, at the St. Petersburg International Economic...

Read more

Two Oil Tankers Damaged in Suspected Attacks in Gulf of Oman

Date : Jun 14, 2019

Two oil tankers were hit in a suspected attack in the Gulf of Oman early on Thursday, causing oil prices to surge and raising the already heightened tensions in the Middle East. The tankers were evacuated and the crew is reported...

Read more

Saudi Oil Reserves Up by 12% in 2018 – BP

Date : Jun 14, 2019

Saudi Arabia’s oil reserves were revised upwards by 12 per cent in BP’s new Statistical Review, moving the Kingdom closer to the top spot after it revealed long-held reserves secrets.

 

Saudi...

Read more

Investment Approved for Ramagundam Floating Solar PV Project

Date : Jun 17, 2019

NTPC has received investment approval for a solar project in the state of Telangana.

 

The project involves setting up 100 MW Ramagundam Floating Solar PV Project, Phase-I in Peddapelli district of Telangana.

Read more

Syria launches Oil and Gas Plant

Date : Not Given

Syria has initiated a new oil and gas processing plant to help boost the country s production. The Hayyan station opened on Nov...

Read more

Gazprom s Expansion Plan in Discussion Stage?

Date : Not Given

Russian gas exporter Gazprom is in talks about expanding in Russia and into rival gas exporter Qatar, deputy chief executive of...

Read more

Six discoveries embraced by ONGC.

Date : Not Given

In isolated parts of India where no infrastructure is available, Oil and Natural Gas Corporation .ONGC. has plunk on to hold the development of six discoveries. The company has identified Karjan, Linch and Mekrang as three of the six discoveries now put...

Read more

The first Polysilicon Production Facility forms in Saudi Arabia

Date : Not Given

The first Polysilicon Production Facility is set up in the Kingdom of Saudi Arabia, according to the announcement made by First Energy Bank .FEB. on Nov 17th. The project is spearheaded by the strategic partner, FEB and the techno-commercial developer,...

Read more

India: NPCIL Starts Construction of Nuclear Power Plants

Date : Not Given

Nuclear Power Corporation of India Limited .NPCIL. has started the construction of India's 25th nuclear power plant at Rawatbhata in Rajasthan, India. Work includes commissioning of a 700MW indigenous pressurized heavy water reactor .PHWR. at the...

Read more

Rayalaseema Power Project Unit 5 to be Commissioned on Oct 25th

Date : Not Given

The Andhra Pradesh Chief Minister, Mr K. Rosaiah with the Andhra Pradesh Generation Corporation .APGenco. announced that,the Unit-5 of Rayalaseema Thermal Power Project .RTPP. Unit-5 is all set to be commissioned on October 25 and would bring in an...

Read more

Maaden, Alcoa Sign $1.9 bn Financing Deals

Date : Not Given

Saudi Arabian Mining Company .Maaden. said on Nov 30, its joint ventures with Alcoa Inc. signed financing contracts worth $1.9 billion with 16 local and international banks as well as financial institutions. The contracts signed by Maaden Aluminium...

Read more

GCC power grid to be launched in Kuwait next month

Date : Not Given

The multi-billion-dirham GCC Power Grid Project in Kuwait will be launched next month by the GCC Interconnection Authority...

Read more

Morgan Wins Heat Insulation Modules Contract for SATORP Project

Date : Not Given

Morgan Thermal Ceramics, a firm that designs and manufactures advanced heat insulation products, has been awarded a contract to supply modules for a refinery being constructed by SATORP, a joint venture between Saudi Aramco and Total. Morgan Thermal...

Read more

South Korean Companies bag TAKREER s $4.4b contracts ?

Date : Not Given

Abu Dhabi Oil Refining Company .TAKREER. awarded three contracts worth a total of $4.4bn to three South Korean companies for the Ruwais Refinery expansion. TAKREER had earlier announced the award of two contracts valued at $5.2bn. There were fourteen...

Read more

Bid & Tender

Flash News