Energy Update
(Tue, 25 Oct 2016) Global offshore oil production in 2015 was at the highest level since 2010, and accounted for nearly 30% of total global crude oil production. Offshore oil production increased in both 2014 and 2015, reversing consecutive annual declines from 2010 to 2013. Production from onshore tight oil plays has increased faster over the past several years and accounts for an increasing amount of total oil production.
Andy Johnson works with the soil. When younger, he served in Peace Corps in Central America for three years, working on conservation practices. Then he worked in the Natural Resource Conservation Service for years, the same agency that his father Paul Johnson headed by appointment from Bill Clinton in 1993.
We see increasing interest in strategic partnerships for both main segments of the microgrid market: remote solar- or wind-diesel hybrid and utility microgrids.
SINGAPORE, Oct 25 (Reuters) - Oil prices dipped early on
Tuesday over disagreement within producer cartel OPEC on who
should cut how much production in a planned coordinated
reduction to prop up prices.
SYDNEY, Oct 25 (Reuters) - Glencore and Japanese
power utilities have settled quarterly thermal coal contract
prices at $94.75 a tonne, up from around $64 last quarter,
sources confirmed on Tuesday, reflecting a surge in spot prices.
CONAKRY, Oct 24 (Reuters) - China Harbour Engineering
Company (CHEC) signed a $770 million contract with Guinea's
government on Monday to upgrade the port in the capital,
Conakry, expanding Chinese economic influence in the West
African iron and bauxite producer.
CALGARY, Alberta, Oct 24 (Reuters) - The Alberta government
is considering enshrining in law its target of generating 30
percent of the province's electricity from renewable sources by
2030, the Minister Responsible for the Climate Change Office,
Shannon Phillips, said on Monday.
LONDON, Oct 25 (Thomson Reuters Foundation) - Building just
a third of planned new coal-fired power plants around the world
would push hundreds of millions of people into poverty as it
accelerates climate change past an agreed limit of 2 degrees
Celsius of warming, development experts warn.
Honeywell Process Solutions (HPS) will provide advanced automation and safety solutions to enable remote onshore operation for an unmanned offshore platform in the North Sea, reducing overall production costs and improving safety.
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