Chesapeake Energy to sell 437 gas compression units

Chesapeake Energy said it would sell 437 natural gas compression units and related assets in two separate deals to Access Midstream Partners LP and Exterran Partners LP for a total of $520 million.

Chesapeake, which said earlier this month that it would cut spending by 20 percent this year, is selling assets to plug a $1 billion gap between operating cash flow and capital expenditure.

Ukraine - a key conduit for Russian gas to Europe

The Energy Information Administration says Europe, including all EU members plus Turkey, Norway, Switzerland, and the non-EU Balkan states, consumed 18.7 trillion cubic feet (Tcf) of natural gas in 2013. Russia supplied 30% (5.7 Tcf) of this volume, with a significant amount flowing through Ukraine.

Toshiba gets Indian orders for two supercritical steam turbines

Toshiba has been awarded a contract by NTPC Limited, India’s largest state-owned energy service provider, for the supply of two 800MW super-critical steam turbine and generator island packages for the Darlipali Super Thermal Power Station in Darlipali, Orissa state. The new steam turbines will enter operation by early 2018. Toshiba JSW will carry out engineering, procurement and construction (EPC) of the complete steam turbine and generator island packages.

Sulzer enters China market with joint venture

Sulzer has signed an agreement to form a joint venture with China Huadian Corporation for the service of gas turbines including field service, component repair, and delivery of new capital parts. The new joint venture will operate under the name of Hua Rui (Jiangsu) Gas Turbine Services Co., Ltd. For Sulzer, this is an opportunity to become a major player for rotating equipment service in China’s power market.

Alstom starts erection of first GT13E2 in Russia

Alstom has started erection and commissioning supervision for the first of its GT13E2 gas turbines being supplied for Nizhneturinskaya thermal power plant (TPP) in Urals, Russia. The company had signed a frame agreement with Renova Group in 2011for supply of five GT13E2 turbines of 180MW each to IES-Holding for use in Nizhneturinskaya and Novogorkovskaya, and Akademicheskaya TPPs.

GE launches distributed generation business

Energy efficiency may be leading to falling electricity sales in U.S.

U.S. electricity sales peaked in 2007 and have been declining modestly since then. Sales in 2012 were 1.9% lower than 2007 sales, and sales in the first ten months of 2013 are below the same period in 2012. While the economic recession is an obvious explanation for the decline in sales in 2008 and 2009, it is much less clear why sales have continued to decline since then, even as the economy began to recover.

Chromalloy to continue supplying component repairs to Solar Turbines

Chromalloy has renewed a 10-year agreement with Solar Turbines Incorporated to provide component repairs and new production support for the manufacturer’s leading power systems. Under the agreement Chromalloy will be the preferred supplier for a number of component repairs including turbine blades, nozzles and cases.

Duke Energy to exit its Midwest generation business

Duke Energy has initiated a strategic process to exit its Midwest commercial generation business, which includes ownership interests in 13 power plants. "Our merchant power plants have delivered volatile returns in the challenging competitive market in the Midwest," said Lynn Good, president, CEO and vice chairman of Duke Energy.

6 MW offshore wind turbines to be installed off Rhode Island

Alstom announced a contract to supply 5 Haliade 150-6 megawatt (MW) offshore wind turbines for Deepwater Wind's 30-MW Block Island pilot Wind Fa


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