Energy Update
The new company, which has already started operations, aims to further cultivate the promising market in South Korea, where it has sold many compressors and drivers. MCO-K was
The post MHI Compressor sets up local subsidiary in South Korea appeared first on Compelo Energy.
LSP is a subsidiary of the Siam Cement Public Company (SCG) of Thailand. Under the agreement, SNC-Lavalin and LSP will form an integrated team of dedicated personnel to
The Tita block, which has been won during Brazil’s 5th pre-salt bid round, will be operated by ExxonMobil with 64% stake while Qatar Petroleum will own the remaining
The post ExxonMobil, Qatar Petroleum bag rights for Tita block offshore Brazil appeared first on Compelo Energy.
Shell Brasil Petróleo and Chevron Brasil Óleo & Gás have been given a 35-year production sharing contract for the Saturno block by the Brazilian government. The two companies
The post Shell, Chevron win rights for Saturno block in Brazil’s Santos Basin appeared first on Compelo Energy.
In this regard, Magnolia Infrastructure has issued an offer letter to the board of directors of the American Midstream Partners to acquire the stake it previously didn’t own
The post ArcLight Energy offers to buyout American Midstream Partners appeared first on Compelo Energy.
Under the proposed offer, each MEG shareholder will have the option to choose to receive $11 in cash per MEG share or 0.485 of a Husky share. The
The post Husky Energy proposes to acquire MEG Energy in $5bn deal appeared first on Compelo Energy.
Solar reliability audits are intense and time-consuming. The energy facility operator bears the burden of demonstrating compliance with reliability standards that are continually evolving to keep up with technological and regulatory changes. Even so, with the fast-paced growth of solar energy development, some solar facility operators have yet to experience a reliability audit.
New Jersey’s biggest utility says it can make money by getting its customers to use less of what it sells.
It can be hard to get your head around just how much energy the world uses. Expressed in terms of oil, it was equivalent to almost 14 billion metric tons of the stuff in 2017. That’s like burning through all of Russia’s proved reserves in the space of 12 months, which is, in technical terms, a lot.
(Mon, 01 Oct 2018) From January through June of 2018, net natural gas exports from the United States averaged 0.87 billion cubic feet per day (Bcf/d), more than double the average daily net exports during all of 2017 (0.34 Bcf/d). The United States, which became a net natural gas exporter on an annual basis in 2017 for the first time in almost 60 years, has continued to export more natural gas than it imports for five of the first six months in 2018.
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