Energy Update
Norwegian multinational oil and gas company Statoil yesterday said that it plans to change its name to Equinor to reflect its evolution into a “broad energy company” that will include renewables.
Norwegian multinational oil and gas company Statoil yesterday said that it plans to change its name to Equinor to reflect its evolution into a “broad energy company” that will include renewables.
(Thu, 15 Mar 2018) U.S. crude oil exports grew to an average of 1.1 million barrels per day (b/d) in 2017, the second full year since restrictions on crude oil exports were removed. Crude oil exports in 2017 were nearly double the level of exports in 2016. Increased U.S. crude oil exports were supported by increasing U.S. crude oil production and expanded infrastructure.
The World Bank Group has approved a US$375 million International Development Association (IDA) credit to support Ethiopia’s goal of achieving universal electricity access by 2025.
The World Bank Group has approved a US$375 million International Development Association (IDA) credit to support Ethiopia’s goal of achieving universal electricity access by 2025.
Global solar power saw considerable success last year, with installations increasing by about 29 percent to 98.9 GW from 76.5 GW in 2016, according to data released today by SolarPower Europe.
Global solar power saw considerable success last year, with installations increasing by about 29 percent to 98.9 GW from 76.5 GW in 2016, according to data released today by SolarPower Europe.
On Wednesday, March 14, 2018, Fairbanks Morse announced that it has delivered its PoweReliability-as-a-Service platform to a Fortune 500 company in Puerto Rico. The installation provides a dual fuel combined heat and power (CHP) microgrid with approximately 10 megawatts of capacity.
On Wednesday, March 14, 2018, Fairbanks Morse announced that it has delivered its PoweReliability-as-a-Service platform to a Fortune 500 company in Puerto Rico. The installation provides a dual fuel combined heat and power (CHP) microgrid with approximately 10 megawatts of capacity.
Carbon Lighthouse, a San Francisco-based energy-efficiency company, raised $27 million to expand its engineering and marketing efforts.
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