Fuel and energy

The Fortum-RUSNANO wind investment fund is starting implementation of the first 50 MW project in Russia. The project is the first of the total 1,000 MW awarded to the fund in the Russian wind auction in June 2017.

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 58.92 per barrel (bbl) on 30.10.2017.

Countries in the region should capitalize on the current global growth upswing to place their public finances on sounder footing, accelerate job-creating reforms, and diversify their economies.

GE will implement its Asset Performance Management (APM) software solution for NOMAC, a wholly-owned subsidiary of ACWA Power, for the early detection of potential operational challenges across 26 power generation and desalination sites in 9 countries.

 

Gazprom Neft implemented a range of major projects directed at improving APG utilisation between 2010 and 2017.

DNV GL, the internationally renowned certifying body for the offshore oil and gas industry, has issued a new certificate confirming the continued integrity of the Nord Stream pipeline system through the Baltic Sea for a five-year period until 2022.

 

Electricity generation of TGC-1, including PJSC Murmanskaya CHPP, for 9 months of 2017 comprised 20,883.6 million kWh, which is 3% more than in the respective period of 2016.

This operation is backed by the European Fund for Strategic Investments (EFSI) under the Investment Plan for Europe (IPE).

Engro Signs New Digital Agreement with GE Power to Enhance Performance at Six Power Plants across Pakistan and Nigeria

Statoil (OSE:STL, NYSE:STO) reports adjusted earnings of USD 2.3 billion and USD 0.8 billion after tax in the third quarter of 2017. IFRS net operating income was USD 1.1 billion and the IFRS net income was negative USD 0.5 billion