Energy Update
Last week the U.S. Department of Energy (DOE) announced 10 projects that will receive funding through a new Advanced Research Projects Agency-Energy (ARPA-E) program called Duration Addition to electricitY Storage (DAYS). The projects seek to provide up to 100 hours of energy storage.
In this regard, the Chinese oil & gas exploration and production company will buy 100% of the issued share capital of Kuwait Energy through a scheme of arrangement.
The post United Energy Group to acquire MENA-focused Kuwait Energy for $651m appeared first on Compelo Energy.
The two companies have signed a non-binding memorandum of understanding (MOU) in this regard with Montero expected to supply its future lithium production in Africa to Jiang Xi
The post Montero, Jiang Xi Yun join forces for lithium production in Africa appeared first on Compelo Energy.
The French oil and gas giant pulled off the discovery after drilling the exploratory well at the Glendronach prospect to a depth of 4,312m. The well intersected a
The post Total reports major gas discovery at Glendronach prospect offshore UK appeared first on Compelo Energy.
Municipal Electric Authority of Georgia (MEAG) and Dalton Utilities have voted in favor of the construction of two more new nuclear units alongside Georgia Power. The fourth owner
The post Three out of four Vogtle owners approve $28bn nuclear plant expansion appeared first on Compelo Energy.
The contract secured by ABB is part of a World Bank-supported order, which will be executed as a consortium project with Spanish engineering, procurement, construction (EPC) company, Cobra.
The post ABB to supply HVDC converter stations for transmission project in Central Asia appeared first on Compelo Energy.
Anglo American has the right to earn a 60% ownership interest in a joint venture company indirectly holding the Properties if it invests an aggregate amount of US$50
Energy storage has become an everyday element of grid planning and energy network management – driven by technology advances, proven benefits, and steadily falling prices. As storage goes mainstream, it’s no longer unusual to see deployments in the tens of MWh. Although about 95 percent of operational storage in the U.S. is in the form of pumped hydro, which can store massive amounts of energy cheaply for days, virtually all of the remaining storage resources are lithium-ion batteries.
The well has been efficiently drilled by operator Tullow Oil, reaching total depth on 21 September 2018, materially quicker than prognosed. The Early Cretaceous age Cormorant Submarine Fan
The post Pancontinental’s exploration well offshore Namibia turns out dry appeared first on Compelo Energy.
The Arkona offshore wind farm is right on schedule, stated the owners. E.ON is responsible for construction and operation. The first of the 60 turbines has been successfully
The post Arkona offshore wind farm delivers first power to German grid appeared first on Compelo Energy.
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