Energy Update
(Tue, 21 Aug 2018) The turnover of household vehicles has slowed since 2009, based on U.S. Department of Transportation surveys of household vehicle travel. The 2017 National Household Travel Survey (NHTS) reported that households held on to their cars, trucks, and vans longer. The average vehicle age has increased from 9.3 years in 2009 to 10.5 years in 2017, suggesting that many households have delayed the purchase of a new vehicle and continuing a trend of U.S.
Further evidence that the UK’s ‘Big Six’ energy firms are under increasing pressure from a new generation of smaller, disruptive power suppliers has come on the BBC’s Dragons’
The post Record Dragons’ Den deal for energy switch company appeared first on Compelo Energy.
The downturn of the past few years has brought about a moment of reckoning. With oil and gas prices dipping from around $100 a barrel in 2014 to
The post Special report: the upstream digital technology revolution appeared first on Compelo Energy.
The firm, along with its joint venture and infrastructure partners, will now move ahead with the development of the Tolmount Main gas field, which is expected to produce
The post Premier Oil approves Tolmount gas field development in UK North Sea appeared first on Compelo Energy.
The Danish business conglomerate said that it will pursue a separate listing of Maersk Drilling on Nasdaq Copenhagen next year. A.P. Møller – Mærsk believes that a separate
The post A.P. Møller – Mærsk to demerge offshore drilling business appeared first on Compelo Energy.
The pump storage hydel power project is estimated to cost Rs52bn ($750m), revealed DVC chairman P K Mukhopadhyay to the media during the recently held CII Energy Conclave
The post Damodar Valley to develop 1.5GW pump storage hydel power project in India appeared first on Compelo Energy.
Total cash consideration for the Acquisition was US$52.6 million, after closing adjustments. The Acquisition includes approximately 550 barrels of oil equivalent per day (“boepd”) (~90% light oil and
The program, which began on August 7th, 2018, consists of approximately 3,000 meters of core drilling to target gold mineralization along the high-grade South Reef deposit. In the
The post Auryn begins drilling at Homestake Ridge gold project in Canada appeared first on Compelo Energy.
The property known as La Pantera (the “Property”) covers an area of 1,734 hectares in the gold rich San Lucas Range. The concession is characterized by numerous conventional
The post Origin Gold acquires 50% stake in La Pantera Property in Colombia appeared first on Compelo Energy.
As per the terms of the six-year contract, the Scottish energy services company will be responsible for providing maintenance services, modifications and shutdown support for the Malampaya project.
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