Tag: project

LS Power invests in coal-fired stations

LS Power Development LLC has shifted its focus towards the development of new coal-fired power plants.

BP to invest half a billion in China

Global oil giant BP PLC will invest USD 500 million in China this year and expects that pace to continue for the next few years as a number of big projects come on line.

Kvaerner wins Pennsylvania power project

Kvaerner has been awarded a USD 13 million contract by Black & Veatch Construction Inc.

Co-generation plant at Dow Chemical complex

American Electric Power and development partner the Dow Chemical Company are expecting final permit approval in November for the construction of a 900mw USD 325 million co-generation unit to be constructed at Dow's Plaquemine chemical complex in Louisiana.

Natural gas in SE China

CNOOC Ltd, China's largest offshore oil producer, has said that its parent has signed an agreement with the Fujian provincial government to develop the natural-gas market in the SE Chinese province.

Aker invests in fabrication yards

Investments planned at Aker Verdal and Aker Stord Aker Maritime plans to invest around NOK 300 million in its fabrication yards at Verdal and Stord in the next few years.

Kvaerner to sell activities to Yukos Oil

Kvaerner PLC has reached an agreement in principle to sell Kvaerner Oil & Gas's London-based Hydrocarbons business and Kvaerner Process Technology to Yukos Oil Company of Russia.

Russian nickel company invests abroad

Norilsk, the Russian nickel mining corporation, is taking its first step out of the home territories of the former Soviet Union with its participation in the Nakety nickel project in New Caledonia.

Huaneng announces plans

Huaneng Power International Inc. (Beijing, China) has announced its tenth five-year plan to be co-ordinated with the construction of the China west-east natural gas pipeline.

One step closer for Hunter Specialty

A memorandum of understanding has been signed in Berlin for the proposed USD 800-million Hunter Specialty Steels Ltd. (HSSL) facility in New South Wales (NSW).