Business Briefs: wind power, emissions trading, and liquefied natural gas
In this week’s European Business Briefs, orders for wind turbines are increasing, an emissions marketing company sets up office in Brussels, and there is a new European partner for a Venezuelan liquefied natural gas project.
German wind generator manufacturer, Nordex AG, says that it has had a successful start to the second half of its financial year, with orders for 50 wind turbines worth €44 million. There are five new contracts, all of which will be completed during this financial year.
US-based Emissions Marketing Association (EMA) has announced that it is opening a European office in Brussels, in addition to the company’s head office in Milwaukee, Wisconsin, USA. The Brussels office is intended to allow EMA to pursue interests on behalf of its members in Europe and from around the world who have a stake in the European emissions trading arena.
Finally, energy company Royal Dutch/Shell has been selected as a 30% shareholding partner in the Mariscal Sucre liquefied natural gas project in Venezuela. The decision was taken by the Venezuelan Ministry of Energy and Mines, and means that Shell will join PDVSA and Mitsubishi in the partnership, following the conclusion of a Framework Agreement and Joint Development Agreement in the very near future.
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