Energy Update
(Mon, 09 Apr 2018) Recent growth in U.S. crude oil production has been primarily light, sweet crude oil, defined as having an API gravity of 35 or higher and sulfur content of 0.3% or less. These light, sweet crudes, which are produced from tight resource formations, accounted for nearly 90% of the 3.1 million barrel per day (b/d) growth in production from 2010 to 2017.
(Mon, 09 Apr 2018) Iran holds the worldâs fourth-largest proved crude oil reserves and the worldâs second-largest natural gas reserves. Since the lifting of sanctions that targeted Iranâs oil sector, oil production has reached more than 3.8 million barrels per day in 2017. Iranâs natural gas activities are centered on the South Pars natural gas field, located offshore in the Persian Gulf, which holds roughly 40% of Iranâs proved natural gas reserves.
Motiva Enterprises has signed $8-10bn worth memorandums of understanding (MOUs) with TechnipFMC and Honeywell UOP to study feasibility of using the two US-based firm’s technologies for potential petrochemical projects.
Wood has been awarded a front-end engineering design (FEED) contract for Statoil’s Mongstad refinery near Bergen, Norway.
A new study of residential property assessed clean energy finance (R-PACE) programs in California found that without this financing option, a majority of solar PV deployed with it likely would not have occurred.
A new study of residential property assessed clean energy finance (R-PACE) programs in California found that without this financing option, a majority of solar PV deployed with it likely would not have occurred.
Today we focus on one topic that has a lot of spokes. And it’s this: refuting the claim that when people go solar, everyone else’s bills increase. We’ll take three of the age-old arguments about how residential solar increases rates for non-solar customers and explain why those arguments do not hold water.
Today we focus on one topic that has a lot of spokes. And it’s this: refuting the claim that when people go solar, everyone else’s bills increase. We’ll take three of the age-old arguments about how residential solar increases rates for non-solar customers and explain why those arguments do not hold water.
Two concentrated solar thermal power projects located in Africa and the United Arab Emirates (UAE) have made progress toward commercial operation in recent weeks.
Two concentrated solar thermal power projects located in Africa and the United Arab Emirates (UAE) have made progress toward commercial operation in recent weeks.
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