Energy Update
The work is part of a contract awarded to McDermott by Woodside Energy in January 2016 for GWF Phase 2 project, which is expected to commence production by
The post McDermott completes pipeline installation for GWF Phase 2 Project in Australia appeared first on Compelo Energy.
According to Idemitsu Kosan, the mixed xylene unit has a production capacity of 170,000 tonnes a year. It is expected to contribute to the growth of the petrochemical
The post Idemitsu Kosan begins operations at new mixed xylene unit at Aichi Refinery appeared first on Compelo Energy.
The AKK gas pipeline, which will enable connectivity between the East, West and North, would enable gas supply and utilization to key commercial centers in the Northern corridor
The long-term PPA for 50 MW has been secured with a company from the energy sector. Broadlands wind farm, is located in the state of Illinois, US, with
The post EDPR secures additional PPA for Broadlands wind farm project appeared first on Compelo Energy.
Statkraft has acquired the 100-MW Tidong hydropower project under construction in India, saying this is in line with the company’s strategy to develop renewable energy generation.
The new company includes NRG Energy’s former renewables platform and its previously held controlling stake of 46% in NRG Yield. The assets were acquired by GIP through its
Located on Tidong River, a tributary of Sutlej River, the hydropower project is approximately 60% complete. Statkraft’s executive vice president Jürgen Tzschoppe said: “We are very pleased to
The post Statkraft acquires 100MW Tidong hydropower project in India appeared first on Compelo Energy.
The transaction also includes Ocean Rig’s net debt, which stood at $397m at the end of March this year. Transocean intends to fund the cash portion of the
The post Transocean to acquire Ocean Rig for $2.7bn appeared first on Compelo Energy.
Spurred by President Trump’s announcement that the United States will abandon commitments President Obama made in the Paris Climate Agreement, western seaboard elected officials are highly motivated to act on climate change, notwithstanding the Trump Administration’s actions to replace the Clean Power Plan. California has a well-established and functioning “cap and trade” program that has survived judicial challenge and been extended through 2030.
The top solar manufacturers in China are boosting production capacity, betting higher output will help them seize a bigger chunk of the global market that is set for its first-ever annual contraction.
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