BP and Reliance Industries have set up a joint venture company that aims to supply natural gas to the domestic market from its main production blocks and pursue LNG imports in an effort to boost the share of gas in India's energy basket, the CEO of the new venture said. Vinod Tahiliani, CEO of India Gas Solutions, a 50:50 JV between BP and Reliance, said energy reforms and infrastructure projects undertaken ...

Three years into the implementation period of the 2030 Agenda for Sustainable Development, is Asia Pacific on track to meet the Sustainable Development Goals (SDGs)? According to ESCAP’s recent Asia and the Pacific SDG Progress Report, the answer is yes for only one Goal, unlikely for many Goals, and probably not for a few Goals where the region is moving in the wrong direction, most notably on inequality. ...

Siemens has identified Asia as an important future market as the rapidly developing region is in need of efficient and cost-effective power generation technologies – an area in which the German engineering giant prides itself as a leading global supplier. Thomas Hagedorn, head of sales for the Asia and Pacific region of the Siemens power and gas division, said Siemens’s latest HL-class turbines would be the ...

TOKYO -- Liquefied natural gas originating from the U.S. is flowing into Asia at an accelerating pace, with Japan becoming the most recent country to buy the fuel under a long-term contract. Japan will begin sourcing a sizable portion of its LNG from the U.S. to improve its energy security. Tokyo also seeks to alleviate pressure from U.S. President Donald Trump's administration to address their bilateral tr ...

The Japanese government said it will promote the exports of U.S. liquefied natural gas to Asian countries to help slash Washington’s trade deficit. Masaki Ishikawa, chief of the Trade and Economy Cooperation Bureau in the Ministry of Economy, Trade and Industry, spoke of the plan at a bilateral economic dialogue Monday in Washington, expressing hope it will “broaden the scope of Japan-U.S. cooperation.” The ...

Rolls-Royce and Woodward, Inc. Announce Agreement for Woodward to Acquire L’Orange, a World Class Fuel Injection Systems Technology Company 9 April 2018 Rolls-Royce (London: RR.) and Woodward, Inc. (NASDAQ: WWD) jointly announced today that they have signed an agreement for Woodward to acquireL’Orange GmbH and its related operations located in Germany, the United States and China (“L’Orange”), for an enterp ...

ROLLS ROYCE POWER SYSTEMS AND FORCE MOTORS SIGN JV FOR ENGINES AND SYSTEMS   'Force MTU Power Systems' to set up new facility in Chakan Production of MTU Series 1600 engines and power generation sets First MTU Series 1600 engine to be delivered in summer 2019   PUNE, INDIA - FRIEDRICHSHAFEN, GERMANY – Rolls-Royce Power Systems and Pune-based vehicle manufacturer Force Motors today signed an agreem ...

Japan task force echoes foreign minister calls to back renewables over coal, nuclear An energy task force advising Japan's foreign minister has proposed boosting renewable energy and shifting away from coal-fired and nuclear power at home, arguing the country's energy policies are outdated and undermine its global competitiveness. TOKYO,: An energy task force advising Japan's foreign minister has proposed b ...

AMETEK Land, the leading temperature measurement and combustion emissions specialist, has enhanced its senior management team with the appointment of Christopher Leonard to the role of Director of Development and Product Management. Mr. Leonard has over 20 years of experience in mechanical and process engineering gained in the oil and gas, chemical, energy, and mining ­­­­­­­sectors. He has held roles in in ...

GE announced its fourth quarter and full-year 2017 results this week, and its renewable energy division GE Renewable Energy highlighted its own performance, including a total of $10.4 billion worth of orders and $10.3 billion of sales. GE Renewable Energy doesn’t get the opportunity to publish its own quarterly earnings reports, given that it is but a division or subsidiary of the larger behemoth that is GE ...