Energy Update
(Tue, 26 Feb 2019) Extreme cold weather in the Midwest at the end of January led to highâbut not record-settingâelectricity load on Wednesday, January 30, 2019, the coldest day of the period, on the Midcontinent Independent System Operator (MISO) grid. However, consumption of natural gas, the main fuel used for heating in the region, reached estimated record levels on the same day.
Renewable energy is gradually replacing fossil fuels all over the globe but questions remain over its ability to cater the world’s power demands – can natural gas power
The post Natural gas to play ‘the key role’ in global transition to renewable energy, says expert appeared first on Compelo Energy.
The acrylonitrile capacity in China is to expand at an compound annual growth rate (CAGR) of 12.1% between 2017 and 2022, according to a new report. The study
The post China acrylonitrile capacity to grow by double digits before 2022, according to GlobalData appeared first on Compelo Energy.
The energy regulator in its reconsideration report said that the Trans Mountain Expansion Project is in the Canadian public interest. However, the regulator will impose 156 conditions on
The post NEB recommends approval of $5.5bn Trans Mountain expansion project appeared first on Compelo Energy.
The Zhejiang petrochemical project to be built in the city of Zhoushan is planned to have a capacity of 800,000 barrels per day. Saudi Aramco signed an agreement
The post Saudi Aramco to acquire stake in China’s Zhejiang petrochemical project appeared first on Compelo Energy.
Along with the Calcasieu Pass LNG project, the FERC approved the associated TransCameron Pipeline, which will extend from the proposed LNG terminal to near Grand Chenier, Louisiana. The
The post Venture Global secures FERC nod for $4.5bn Calcasieu Pass LNG project appeared first on Compelo Energy.
Through the acquisition of Tahoe Resources, the Canadian mining company hopes to create a major silver mining company. Last month, the Supreme Court of British Columbia (BC), Canada
The post Pan American Silver completes $1bn acquisition of Tahoe Resources appeared first on Compelo Energy.
For the project, LONGi Solar, a wholly owned subsidiary of LONGi Group, will supply its bifacial PERC modules. The company said that combining flat uniaxial tracker with bifacial module
The post LONGi Solar to supply 224MW modules for US solar project appeared first on Compelo Energy.
ITT stated that the deal is in-line with its growth initiatives across target markets and could enhance its industrial process (IP) segment’s strategy with a complementary portfolio of
The post ITT to acquire Germany’s Rheinhütte Pumpen Group appeared first on Compelo Energy.
As per the terms of the agreement, ADNOC will be paid about $4bn by funds managed by KKR and BlackRock, which will hold a combined stake of 40%
The post ADNOC signs $4bn deal to form pipeline company with KKR, BlackRock appeared first on Compelo Energy.
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