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07.09.2011 15:04Toshiba Agrees to Buy Shaw’s 20% Stake in Westinghouse
Toshiba Corp. (6502) will buy Shaw Group Inc. (SHAW)’s 20 percent stake in nuclear-plant designer Westinghouse Electric for about USD 1.6 billion, increasing its share to 87 percent, Bloomberg reported. Shaw is exercising its option07.09.2011 11:13France May Keep Financial Support for Electric Cars
France is likely to maintain financial support for electric- and hybrid cars as the government seeks to encourage their use, Le Figaro said. Industry Minister Eric Besson is very optimistic about the country maintaining payments of between07.09.2011 11:10The South Stream Agreement to Be Signed September 16
Germany's Wintershall, a unit of BASF (BASFn.DE), and France's EDF will each acquire 15 percent stakes in the Gazprom -led South Stream gas pipeline project, while Italy's Eni is to obtain 20 percent, Gazprom's head said on Tuesday during the technical03.09.2011 14:59Britain Turning Waste Food into Fuel
British companies launched a plan to convert commercial food waste to gas to generate enough energy to meet the yearly demands of more than 1,000 homes, United Press International reported. British Gas and Bio Group, a company working03.09.2011 12:52EDF Renewables Unit to Partner OpenHydro in Tidal Power Project
OpenHydro Group Ltd., an Irish maker of tidal turbines, said it’s planning a second marine energy project in French waters with Electricite de France SA, Europe’s biggest power producer. OpenHydro, which is already working02.09.2011 12:40IEA: Solar May Fall to USD 100/MWh by 2030
The price of solar power may fall to about $100 per megawatt-hour by 2030, the International Energy Agency said today. The decline in price may make solar a “key contributor” to the global electricity supply after 2060, IEA solar02.09.2011 11:48Shell to Invest USD 800 Mln in Ukraine Shale Gas
Royal Dutch Shell (RDSa.L) and Ukrainian state-run gas and oil company Naftogaz will sign a deal on shale gas exploration in Ukraine to reduce the former Soviet republic's dependence on Russian gas, a top presidential official said on Wednesday. Serhiy01.09.2011 14:42LG Presents Smart Appliances at IFA 2011
At IFA 2011 held in Berlin, LG Electronics (LG) showcased its vision for smarter lifestyles with the European debut of its smart home appliances – refrigerator, washing machine, cooking oven and cleaning device. Its smart refrigerator, which01.09.2011 11:05Greenpeace Blocks Construction Of Dutch RWE Power Plant
Environmental group Greenpeace Tuesday blocked the construction of German public utility company RWE AG's (RWE.XE) planned coal-fired power plant in the Netherlands, Dow Jones reported. Greenpeace also took legal steps to halt the31.08.2011 12:23Hochtief and GeoSea Merger Approved by the EC
The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over Beluga Hochtief Offshore (BHO) by the German company Hochtief, currently its sole owner, and the Belgian company GeoSea. The30.08.2011 20:33Boeing starts 737 New Engine Family program
The Boeing Company's board of directors has approved the launch of the development a new engine variant of the 737, based on order commitments for 496 airplanes from five airlines and a strong business case. The new 737 family will be powered30.08.2011 12:45GM and LG to Jointly Develop Electric Vehicles
General Motors and LG Group will jointly design and engineer future electric vehicles, expanding a relationship built on LG’s work as the battery cell supplier for the Chevrolet Volt and Opel Ampera extended-range EVs. The definitive
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