Energy Update
MOSCOW, Dec 24 (Reuters) - Russia's Gazprom has awarded Stroygazmontazh (SGM) contracts worth 197.7 billion roubles ($2.8 billion) for work on building the Power of Siberia gas pipeline to China, tender documents published on a government website http://zakupki.gov.ru/ showed.
Dec 21 (Reuters) - U.S. authorities have traced over $1 billion to a conspiracy involving a Venezuelan magnate who allegedly paid bribes to obtain contracts from Venezuelan state oil company PDVSA, according to U.S.
The solar industry is on a building binge. Top manufacturers are adding almost 7 gigawatts of factory capacity, comparable to the energy produced by seven nuclear reactors, as they anticipate global demand will continue to rise.
LONDON, Dec 24 (Reuters) - It was a torrid 2015 for emerging markets, with a mix of weak global growth, a slump in commodity prices and a strong dollar making it the worst year for some of the big countries since the height of financial crisis.
SAO PAULO/BRASILIA, Dec 24 (Reuters) - The former chief executive officer of Latin America's largest engineering group will be allowed panettone in his jail cell this Christmas. He may even get turkey, as long as it is boneless.
Ormat Technologies recently said it agreed to acquire part of a geothermal power plant and exploration options in Guadeloupe Island in the Caribbean.
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