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01.11.2012 15:33659,000 ConEd Customers in NY Still Powerless
New York power company Consolidated Edison Inc said Thursday it still had about 659,400 homes and businesses without power three days after monster storm Sandy slammed into the U.S. East Coast. Sandy hit the East Coast late Monday leaving01.11.2012 14:56U.S. Regulator Seeks USD 470 Million from Barclays
U.S. regulators threatened to fine Barclays roughly USD 470 million to settle allegations that the bank and four traders manipulated California electricity markets, reviving the specter of a sector-wide crackdown on energy trading, Reuters reported. It30.10.2012 16:43World's Highest Electricity Pylon Raised in China
A giant power supply pylon, believed to be the world's tallest, has recently been completed in China's Anhui Province, standing at an impressive 277.5m high, BBC reported. It is part of a huge engineering Chinese project involves building29.10.2012 15:42World GIS Day Celebrations in November
The worldwide celebration of GIS Day will take place November 14. This is a sort of an annual salute to geospatial technology and its power to transform and better everyday life. The first formal GIS Day took place in 1999. Esri president24.10.2012 12:20China to encourage private investment in energy
China will encourage private investment in the energy sector, the official news agency Xinhua said on Wednesday, citing a new white paper for the sector. Beijing will seek to encourage private investment in the exploration and development22.10.2012 16:28Siemens to Sell Solar Business
Siemens AG will give up its solar business and focus on wind and water power as a revision of business strategy in renewable energy, the company said in a statement on Monday. "The company plans to divest itself of its solar business22.10.2012 11:47South Stream Might Be Completed Before Nabucco
The Russian-backed South Stream gas pipeline has "every chance" of being completed before the European Unions rival Nabucco project, Russian Energy Minister Sergei Shmatko said on Monday. "South Stream has every chance of11.10.2012 12:03EU to Sanction States in Bid to Streamline Air Traffic
The European Commission plans to sanction EU members to nudge them into action on efforts to create a pan-European airspace that would cut costs and delays, according to an EU source. Members of the 27-nation European Union have been lagging10.10.2012 12:52Macedonian heating utility company gives up to aquire majority stake
Toplofikacija Skoje, the macedonian heating utility company, stated on its website it drops plans to aquire a majority of its stakes. The supervisory board took the decision, because there is no risk for a possible takeover of the company without10.10.2012 11:08Kyrgyzstan to receive money for energy efficiency
The European bank for reconstruction and developement (EBRD) is considering establishing a new financing facility of up to $20 million to support energy efficiency investments in the Kyrgyz Republic. The project will consist of credit lines10.10.2012 10:56Poland to List Energa in Mid-2013
Poland plans to float the country's fourth-largest utility Energa on the Warsaw Stock Exchange in the middle of 2013, Treasury minister Mikolaj Budzanowski said on Wednesday, as quoted by Reuters. "We don't know yet how large of a stake08.10.2012 10:31Gazprom Doubles Nord Stream Pipeline Capacity
The Russian gas giant Gazprom is due to put the second line of the Nord Stream gas pipeline into operation later today, to double Nord Stream’s capacity to 55 billion cubic metres of gas per year, RIA Novosti reported. The first
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