Energy Update
(Wed, 27 Jul 2016) Combined heat and power (CHP) systems have long been used to reduce the overall energy intensity of industrial systems. There are two types of combined heat and power, depending on whether the system produces power first, then heat, or heat first, then power. In topping cycles, the hot exhaust of an electricity generator such as a natural gas turbine or reciprocating engine is used to provide process heat, hot water, or space heating for the site.
WASHINGTON, July 27 (Reuters) - Rising sea levels due to
hurricanes and tidal flooding intensified by climate change will
put military bases along the U.S. East Coast and Gulf Coast at
risk, according to a report released on Wednesday.
MANILA, July 27 (Reuters) - The Philippines "vigorously
pushed" for the inclusion of a arbitration ruling in a joint
statement among Southeast Asian countries but its failure to
secure that was no diplomatic win for China, Manila's foreign
minister said on Wednesday.
MANILA, July 27 (Reuters) - The Philippines "vigorously
pushed" for the inclusion of a arbitration ruling in an ASEAN
statement but the grouping's decision not to mention it was not
a victory for China, Manila's foreign minister said on
Wednesday.
LONDON, July 26 (Reuters) - Hedge funds and other money
managers have begun to amass another large short position in
futures and options contracts linked to the price of crude oil.
The U.S. Department of Energy released the long-awaited Hydropower Vision report -- alongside $9.8 million in funding for hydroelectric power -- earlier today at HydroVision International 2016 in Minneapolis.
ExxonMobil has awarded a contract to Bechtel to increase production of ultra-low sulfur fuels at its refinery in Beaumont, Texas to further boost its integrated downstream portfolio.
Claxton, an Acteon company, has been awarded a contract with Statoil to provide ‘rigless recovery’ of seven abandoned wells on the Huldra platform, located in the Norwegian Continental Shelf.
NEW YORK, July 26 (Reuters) - Daniel Loeb's $16 billion
Third Point LLC said on Tuesday that the firm's investments in
energy credits drove positive returns during the first half of
the year and is devoting over $1 billion to energy corporate
credits.
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