Power Generation

Globecore: oil regeneration extends transformer life by 20 years

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GlobeCore: Oil Regeneration Extends Transformer Life by 20 Years

Globecore GmbH, a German company, manufactures equipment which extends power transformer service life by 20 years

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Building Energy acquires 4energia

GoldenGateBridge 001Building Energy's purchase of 4energia, an Italian energy trader, will strengthen its position in a vastly changing energy market 

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GCC power construction contractor awards to see 14 per cent y-o-y rise in 2017

GCCpowerThe recent ‘GCC Power Market’ report published by Ventures Onsite, on behalf of Middle East Electricity (MEE), forecasts GCC power construction contractor awards to increase from US$22.38bn in 2016 to US$25.52bn in 2017

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Kuwaiti government to sell half of Az-Zour North One project stake in 2017

Azzour NorthOneKuwait’s government plans to sell 50 per cent shares in its Az-Zour North One Independent Water & Power Project (IWPP) to the citizens by the middle of next year

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Global economic output and rising population to drive energy demand, reveals study

ExxonMobil DanielParks FlickrGlobal population growth of nearly two billion, doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are expected to contribute to growth in energy demand of about 25 per cent from 2015 to 2040, according to ExxonMobil’s 2017 Outlook for Energy: A View to 2040

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