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The United States is now the largest global crude oil producer

(Wed, 12 Sep 2018) The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier this year, based on preliminary estimates in EIA’s Short-Term Energy Outlook (STEO). In February, U.S. crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the United States surpassed Russia in crude oil production for the first time since February 1999.

Southern California Daily Energy Report

(Wed, 12 Sep 2018) Underground natural gas storage inventories in Southern California are up more than 30% since this time last year

Entura appointed owner’s engineer for Kidston Stage 2 pumped hydro, solar projects

Genex Power Limited has appointed power and water consulting firm Entura to be owner’s engineer for the Kidston Stage 2 project in Australia.

Samsung and Hyundai Investing in Solid-State Battery Producer

Solid Power Inc., a Colorado-based maker of solid-state battery cells for cars and aircraft, arranged $20 million in financing to complete a manufacturing facility.

ABB, EPRI, Universities Among Recipients of US DOE $80M Investment in EV Research

Last week the U.S. Department of Energy announced the winners of its Advanced Vehicles Technologies research program. DOE will invest a total of $80 million among 42 projects. The projects support advanced vehicle technologies that can enable more affordable mobility, strengthen domestic energy security, reduce our dependence on foreign sources of critical materials, and enhance U.S. economic growth.

Altagas to sell non-core midstream and power assets for $560m

Proceeds from the sale will be used by AltaGas to repay a significant portion of the bridge facility related to the acquisition of US-based WGL Holdings. AltaGas has
The post Altagas to sell non-core midstream and power assets for $560m appeared first on Compelo Energy.

Bechtel to build 1.1GW combined-cycle natural gas facility in Ohio

Scheduled to be commissioned in 2021, the $1.3bn South Field Energy facility will be equipped to produce clean, reliable and efficient power to more than one million homes.
The post Bechtel to build 1.1GW combined-cycle natural gas facility in Ohio appeared first on Compelo Energy.

Pacific Energy unveils drilling plans for acquired Permian Basin assets

The drilling of the wells is part of the company’s development plan for its recently acquired Permian Basin assets in the Chaveroo and Milnesand fields in West Texas
The post Pacific Energy unveils drilling plans for acquired Permian Basin assets appeared first on Compelo Energy.

Oil & Gas UK CEO Deirdre Michie: the UK offshore industry is “at a crossroads”

At first glance, the Oil & Gas UK Economic Report published today contains much to be positive about. Oil & Gas UK Economic Report: production up 20% compared
The post Oil & Gas UK CEO Deirdre Michie: the UK offshore industry is “at a crossroads” appeared first on Compelo Energy.

Orano inaugurates $1.3bn Philippe Coste uranium conversion plant in France

Located at the Orano Tricastin site in Drôme, France, the new Philippe Coste conversion plant is expected to account for a quarter of the world’s 60,000t production capacity

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