Energy Update

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Imagine you and your neighbors have solar panels on your roofs. You want to create a mini-power grid so that your neighborhood can operate solely on your panels’ electricity, even sending excess power from one home to another. And if there’s a storm that affects the main power grid, your homes can disconnect and stay powered.

Imagine you and your neighbors have solar panels on your roofs. You want to create a mini-power grid so that your neighborhood can operate solely on your panels’ electricity, even sending excess power from one home to another. And if there’s a storm that affects the main power grid, your homes can disconnect and stay powered.

Saudi Aramco has signed a memorandum of understanding (MOU) with a consortium of Indian oil companies to jointly develop and construct a $44bn refinery and petrochemicals complex at Ratnagiri in the western Indian state of Maharashtra.

With President Donald Trump imposing tariffs on aluminum and steel imports last month, his taking a tougher stand on trade overall, and the US general economy growing at a healthy clip, several key commodity prices were considerably stronger on average through the end of March, compared with on January 19, 2017, the day before his inauguration.

(Wed, 11 Apr 2018) U.S. crude oil production in the Federal Gulf of Mexico (GOM) increased slightly in 2017, reaching 1.65 million b/d, the highest annual level on record. Although briefly hindered by platform outages and pipeline issues in December 2017, oil production in the GOM is expected to continue increasing in 2018 and 2019, based on forecasts in the EIA's latest Short-Term Energy Outlook (STEO). EIA expects the GOM to account for 16% of total U.S.

French oil and gas major Total has signed a memorandum of understanding (MoU) with Saudi Aramco to build a petrochemical complex in Saudi Arabia, with an estimated investment of $9bn.

The company also announced nine additional manufacturing partners have committed to power all of their Apple production with 100 percent emission-free energy.

The company also announced nine additional manufacturing partners have committed to power all of their Apple production with 100 percent emission-free energy.

According to Vattenfall, two offshore wind industry firsts have been achieved over the past two weeks in Scotland. On Monday, April 9 the company announced that it successfully installed the world’s most powerful single turbine – an 8.8-MW behemoth standing 191 meters from base to blade tip and boasting a nacelle that is larger than the London Eye.

According to Vattenfall, two offshore wind industry firsts have been achieved over the past two weeks in Scotland. On Monday, April 9 the company announced that it successfully installed the world’s most powerful single turbine – an 8.8-MW behemoth standing 191 meters from base to blade tip and boasting a nacelle that is larger than the London Eye.

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