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Tall City secures $500m equity financing from Warburg Pincus

Headquartered in Midland, Texas, with additional offices in Houston, Texas, Tall City intends to pursue play extension and acquire-and-exploit opportunities throughout the Permian Basin.  Tall City will apply

US Gold secures plan of operations approval for Keystone project

With this approval, U.S. Gold can now access and drill almost all localities of BLM managed public lands within the 20 square mile Keystone Project area. To date,
The post US Gold secures plan of operations approval for Keystone project appeared first on Compelo Energy.

The 100 Percent Renewables Vision is Reachable Says Wartsila

“Smart technology is unlocking the 100 per cent renewables future,” said the boss of Wartsila Energy Solutions today.

Zennor Petroleum to acquire Mitsui’s stake in Britannia field in North Sea

The acquisition to be carried out by the company’s subsidiary Zennor North Sea in the Britannia Field, covers the interests of MEPUK in the P.213, Block 16/26a, Area
The post Zennor Petroleum to acquire Mitsui’s stake in Britannia field in North Sea appeared first on Compelo Energy.

OPEC net oil export revenues increased in 2017, will likely continue to increase in 2018

(Tue, 18 Sep 2018) Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC oil exports drove revenues higher in 2017, and EIA expects that revenues will continue to increase in 2018, based on EIA’s August Short-Term Energy Outlook.

CIP’s Kent Renewable Energy plant begins operations in UK

Kent Renewable Energy is located in Sandwich, Kent and produces renewable heat and power which is delivered to nearby business and science park, Discovery Park, and to local
The post CIP’s Kent Renewable Energy plant begins operations in UK appeared first on Compelo Energy.

Upside Group installs 16MW storage system in Germany

The lead-carbon storage system has a capacity of 25 MWh. Like the other systems already included in the Upside system portfolio, it provides grid management services. SMA Solar Technology
The post Upside Group installs 16MW storage system in Germany appeared first on Compelo Energy.

DNV GL, WeatherTech partner to develop advanced icing model for wind turbines

This will allow customers to better predict the performance of turbines in cold climates. In cold climates, the performance of wind turbines is significantly reduced by ice accretion,

Hydrogen-powered Vehicles Seek Another Shot at Green-Car Race

It’s lighter, abundant and finally ready to take on Tesla. Hydrogen-powered vehicles are gearing up to challenge electric vehicles again in the race for mass-market clean cars. This week, a much larger group of companies signed on to a global coalition aimed at drumming up government support for the technology that Tesla Inc. Chief Executive Officer Elon Musk has derided as “ mind-bogglingly stupid” for cars. The firms also pledged to find a cleaner way to produce the gas.

China’s EV Charging Infrastructure Sector Consolidating, Maturing

As of the end of 2017, there were nearly 450,000 installed charging stations (also called charging points or power points) across China, including 214,000 set up by the government for public use, up 51 percent since the end of the prior year. The remaining 232,000 were privately-owned units. At the time, the proportion of ownership of electric vehicles (EVs) to charging stations in the country was below 4:1.

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