Energy Update

You are here

Home » Global Read

KKR, Williams to buy US-based Discovery Midstream for $1.2bn

Discovery Midstream is a provider of oil and natural gas gathering and natural gas processing services in the southern portion of Colorado’s Denver-Julesburg Basin. Discovery Midstream’s assets include

Desert Gold concludes drill program at Farabantourou permit in Mali

This program is a first step of a larger regional-scale gold exploration strategy that is focused along and proximal to the Mali-Senegal Fault Zone (“MSFZ”), which is related
The post Desert Gold concludes drill program at Farabantourou permit in Mali appeared first on Compelo Energy.

Savannah Petroleum spuds Eridal-1 Well in Agadem Basin, Niger

As with the other wells in this campaign, Eridal-1 is designed to evaluate potential oil pay in the Eocene Sokor Alternances as the primary target, with the secondary
The post Savannah Petroleum spuds Eridal-1 Well in Agadem Basin, Niger appeared first on Compelo Energy.

Southcross Energy Partners scraps merger with American Midstream Partners

Southcross Energy revealed that the previously signed deal in last October has been terminated as American Midstream Partners could not achieve conditions needed under the merger agreement. On

Petrofac to sell 49% stake in Mexican operations to Perenco for $400m

The deal covers sale of 49% of Petrofac Netherlands, which owns the Santuario Production Sharing Contract, the Magallanes Production Enhancement Contract and the Arenque Production Enhancement Contract. For

ADB grants $357m to upgrade Bangladesh’s power transmission network

The investments include: ADB loan of $350m, a $7m grant from the Japan Fund for the Joint Crediting Mechanism (JFJCM) and a $500,000 grant from the Republic of
The post ADB grants $357m to upgrade Bangladesh’s power transmission network appeared first on Compelo Energy.

Electricity Reliability Council of Texas surpassed all-time peak hourly load in July

(Tue, 31 Jul 2018) On July 18, 2018, electricity demand in the area served by the Electricity Reliability Council of Texas (ERCOT) reached a new all-time hourly peak load of 72,192 megawatts (MW) during the hour starting at 4:00 p.m. That record was itself surpassed the following day during the hour starting at 5:00 p.m., with load reaching 73,259 MW. The previous record of 71,111 MW occurred on August 11, 2016.

Acquisition Action in the Solar Asset Management and Monitoring Space

Last week renewable energy monitoring, controls, and asset management providers AlsoEnergy and skytron energy announced a merger. In addition, AlsoEnergy said that it was acquiring the assets of floundering Draker and will honor and support the contracts for the 2 GW worth of solar assets that Draker had been monitoring for its customers.

Report: Solar Downstream Companies Grab a Large Portion of VC Funding in Q2 2018

Total corporate funding (including venture capital funding, public market, and debt financing) into the solar sector in Q2 2018 rose 12.5 percent quarter-over-quarter to $2.8 billion from the $2.5 billion raised in Q1 2018, according to a report by Mercom Capital.

AEP Kills Plan for Largest U.S. Wind Farm After Texas Rebuff

American Electric Power Co.’s $4.5 billion Wind Catcher project was done in by shaky economics, and may become a teaching moment for other developers planning big clean-energy projects.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.

Photos