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Van Oord to acquire MPI Offshore

Van Oord will acquire MPI’s organisation in Stokesley, UK, and the vessels and crew of the MPI Adventure and MPI Resolution with associated contracts, as part of the
The post Van Oord to acquire MPI Offshore appeared first on Compelo Energy.

ACWA Power, Central Energy Fund to co-invest in Redstone CSP plant in South Africa

Expected to produce around 480,000 megawatt hours (MWh) per year, the Redstone project will feature energy storage technology, allowing energy utilization even after dark. Construction of the project,

SDX Energy completes production test at SD-4X appraisal well at South Disouq, Egypt

The well flowed at a maximum rate of 30.4 MMscfd during an eight hour clean up period and was then shut in for eight hours, during which time
The post SDX Energy completes production test at SD-4X appraisal well at South Disouq, Egypt appeared first on Compelo Energy.

On a Mission to Cut Electricity Rates, Ontario’s Ford Says He Will Cancel Wind, Solar Contracts

Renewable-power contracts from Boralex Inc. and Invenergy LLC are among those targeted for cancellation by Ontario Premier Doug Ford, who’s working to terminate or wind down more than 750 contracts in a revamp of the province’s energy policies.

Using Solar Plus Storage Design to Tackle High Demand Charges

Increasing penetration of distributed, renewable energy is causing an upheaval in traditional utility business models and spurring a re-examination of tariff structures that have been in place for over 100 years. Solar plus storage can help.

South Korea Country Analysis Brief

(Mon, 16 Jul 2018) South Korea, which lacks domestic energy reserves, ranks among the world’s top five importers of liquefied natural gas, coal, and petroleum and other liquids. Despite its lack of resources, South Korea has some of the most advanced oil refineries in the world, and its companies have investments in overseas oil and natural gas assets.

U.S. refinery capacity virtually unchanged between 2017 and 2018

(Mon, 16 Jul 2018) As of January 1, 2018, U.S. operable atmospheric crude distillation capacity totaled 18.6 million barrels per calendar day (b/cd), a slight decrease of 0.1% since the beginning of 2017 according to EIA’s annual <em>Refinery Capacity Report</em>. Annual operable crude oil distillation unit (CDU) capacity had increased slightly in each of the five years before 2018.

Siemens wins contract to supply equipment for 258MW solar plant in Vietnam

Located in the southern province of Ninh Tuan, the solar plant is operated by Trung Nam and is planned to be commissioned by mid-2019. It marks the first
The post Siemens wins contract to supply equipment for 258MW solar plant in Vietnam appeared first on Compelo Energy.

Rio Tinto’s autonomous train completes first iron ore delivery in Australia

The autonomous train is part of the mining giant’s $940m AutoHaul program, focused on transporting iron ore to its port facilities in the Pilbara region. Comprising three locomotives,

Apple Launches New Clean Energy Fund in China

The fund will be managed through DWS Group

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