Energy Update
The world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations.
Under the terms of the agreement, Rowan shareholders will receive 2.215 Ensco shares for each Rowan share. Following the completion of the transaction, Ensco and Rowan shareholders will
The post Ensco, Rowan to merge to create $12bn offshore drilling company appeared first on Compelo Energy.
In a bid to exploit operational synergies, the petrochemical complex will be located next to the SATORP refinery, operated by Saudi Aramco with 62.5% stake and Total with
The post Saudi Aramco, Total sign FEED agreement for $9bn Jubail petrochemical complex appeared first on Compelo Energy.
On Monday, global offshore wind leader Ãrsted announced that it had entered into an agreement to acquire a 100 percent of Rhode Island-based Deepwater Wind at a purchase price of US $510 million. Deepwater wind built the first U.S. offshore wind farm — the 30-MW Block Island Wind — and is currently constructing two additional facilities off Long Island, New York (South Fork at 90 MW) and Connecticut (Revolution Wind at 600 MW).
The EPIC NGL Pipeline is a natural gas liquids (NGL) pipeline that is being constructed between Southeast New Mexico and Corpus Christi in Texas. EPIC Midstream said that
The post EPIC to convert EPIC NGL Pipeline third phase for crude oil service appeared first on Compelo Energy.
The latest regulatory approval takes the proposed merger between Vectren and CenterPoint Energy one step closer towards its completion. According to the deal signed in April 2018, Vectren
The post US FERC approves $6bn CenterPoint Energy merger with Vectren appeared first on Compelo Energy.
Zomo-1 marks the fifth successive discovery for the British oil and gas company in Agadem Rift Basin. Savannah Petroleum is carrying out an exploration campaign through its subsidiary
The post Savannah Petroleum reports fifth oil discovery in Niger’s Agadem Rift Basin appeared first on Compelo Energy.
The contract marks the entry of Siemens Gamesa into the Russian wind power market. As part of the order, the company will supply 26 of its SG 3.4-132
The post Siemens Gamesa receives first Russian order for 90MW wind farm appeared first on Compelo Energy.
IDM Mining has been asked to comply with 38 conditions set by the provincial government as part of the EA certificate for the Red Mountain Gold Project. According
The post IDM gets environmental clearance for Red Mountain Gold Project in Canada appeared first on Compelo Energy.
The Northwester 2 Wind Park will be supported under the European Fund for Strategic Investments (EFSI), with a guarantee for slightly more than half of the amount provided
The post EIB to support 219MW Northwester 2 Wind Park with €210m loan appeared first on Compelo Energy.
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