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Additionally, the partners have increased the amount of contiguous lands in the East Duvernay shale oil resource prospect from approximately 100 sections to approximately 140 sections. As part

The latest discovery in the Stabroek Block comes a little over two months after the eighth discovery in the offshore block in the form of the Longtail field.
The post ExxonMobil and partners make ninth discovery in Guyana’s Stabroek Block appeared first on Compelo Energy.

(Fri, 31 Aug 2018) The U.S. average retail price for regular gasoline on August 27, 2018, was $2.83 per gallon (gal), the highest price on the Monday before Labor Day since 2014, when it was $3.45/gal. The 2018 price is 43 cents/gal higher than the same time last year.

This week Autogrid announced that it entered into a partnership with Swell Energy to provide software for managing Swell’s growing fleet of distributed energy resources (DER).

Consumers who flip on lights and power up the ever-growing number of devices in their living rooms are receiving electricity from a grid that has to generate two Watts of electricity for every one Watt delivered. Put another way, the Department of Energy estimates that more than 60 percent of the electricity generated is lost before it is consumed in our homes. Other estimates claim even larger losses.

Atlas Renewable Energy, a U.S.-based company that operates in Latin America, announced this week that financing for its first solar power plant in Mexico is complete with Banco de Comercio Exterior (Bancomext) having committed to finance the project.

The Norwegian oil and gas giant which has already invested nearly $10bn in Brazil, believes that the South American country is a great fit with its strategy. In
The post Equinor plans to invest over $15bn in Brazil appeared first on Compelo Energy.

Lyra is in the Department of Antioquia, 120km northwest of Medellín, and a two hour drive from the city. The Lyra project comprises in 14 concession contract applications
The post Newmont signs deal to earn interest in Lyra gold project in Colombia appeared first on Compelo Energy.

The two refineries, which are planned to be at built at Western Forcados Area and Assah North Ohaji South (ANOH) Areas of Delta and Imo State respectively, are
The post Nigeria’s NNPC plans to build 200,000bpd capacity oil refineries appeared first on Compelo Energy.

The license, which was granted by the Ministry of Mineral Resources, Green Technology and Energy Security, follows the completion of a feasibility study and the authorization of the
The post Minergy secures mining license for Masama coal project in Botswana appeared first on Compelo Energy.

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