Energy Update
Tesla Inc. is planning a factory in China with a capacity for 500,000 vehicles a year, its biggest step beyond the U.S. so far, according to people familiar with the matter. Tesla is due to sign a memorandum of understanding with local entities in Shanghai, the people said, asking not to be identified as the information isn’t public. Chief Executive Officer Elon Musk was to be in the city for an event with the government on Tuesday, Bloomberg reported earlier.
Two major Duke Energy solar programs are rolling out this month in North Carolina, both of which should help increase the amount of solar energy on the North Carolina grid.
As per the new proposal, BW LPG said that it will issue 2.12 of its shares for each share in the US LPG shipping company. The previous offer
The post BW LPG sweetens merger offer for US LPG shipping company Dorian appeared first on Compelo Energy.
The new light oil discovery was made following the drilling of the SWM B1-X well at the onshore B1-X exploration prospect to a total depth of 4,523m. The
The post Eni makes second light oil discovery in Egypt’s Faghur Basin appeared first on Compelo Energy.
The 7CGDP, which is said to be an integral leg of the NNPC’s gas development strategy, aims to bridge gas supply gap by 2020 and support 15GW of
The post NNPC signs pact for seven critical gas development projects in Nigeria appeared first on Compelo Energy.
Managing Director, Morgan Hart commented: “We are excited by the grant of the Mining Licence as it is a significant achievement on the path forward to the development
The post Emerald Resources secures mining licence for Okvau gold project in Cambodia appeared first on Compelo Energy.
“We have worked closely with Aker Solutions for many years and are proud to establish this alliance – perhaps the first and largest of its kind on the
The post Aker BP and Aker Solutions to form alliance to deliver modification projects appeared first on Compelo Energy.
The wind turbine manufacturer will supply a total of 92 of its latest wind turbine models to the Spanish wind farms owned by Viesgo, Grupo Jorge, Comunidad General
The post Siemens Gamesa secures 289MW turbine supply order in Spain appeared first on Compelo Energy.
As per an agreement made in October 2017, Frontera was to buy out the stake of International Finance Corporation (IFC) and funds related to it, in Pacific Midstream.
The post Frontera Energy scraps $225m deal to buy full ownership of Pacific Midstream appeared first on Compelo Energy.
As per the deal, signed with Enel Green Power, Nordex will supply and install a total of 191 turbines for the wind farm located in the state of
The post Nordex to supply turbines for 595MW Lagoa dos Ventos wind project in Brazil appeared first on Compelo Energy.
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