Energy Update
CB&I has secured a contract valued over $95m from Samsung Engineering (Thailand) for a brownfield ethylene plant at PTT Global Chemical's (PTTGC) petrochemicals complex in Map Ta Phut, Rayong, Thailand.
OPEC is drafting an agreement to tie Russia into a so-called “super group” of oil producers.
(Fri, 16 Feb 2018) EIA expects total 2017 U.S. coal production to be 773 million short tons (MMst), 45 MMst higher than in 2016 and the largest year-over-year tonnage increase since 2001. Coal prices across the United States rose as well, especially for Central Appalachian coal.
Gazprom and Russian gas processing and petrochemicals company Sibur have signed a preliminary contract whereby the latter will receive ethane fraction produced from the $12.7bn Amur gas processing plant (GPP).
Maire Tecnimont subsidiaries Tecnimont and Tecnimont Russia have been awarded engineering, procurement and construction management (EPCm) services contract by Gazprom Neft for the Delayed Coking Unit (DCU) project at the Omsk refinery in Russia.
Renewable energy market momentum will continue into 2018, even if the policy needle continues to flutter in the months ahead. As utilities and clean energy firms will tell you, the world doesn’t wait for policy certainty. Consider this: emissions from power plants in 2017 are on track to be less than those from transportation for the first time in 40 years. Opportunities abound.
Renewable energy market momentum will continue into 2018, even if the policy needle continues to flutter in the months ahead. As utilities and clean energy firms will tell you, the world doesn’t wait for policy certainty. Consider this: emissions from power plants in 2017 are on track to be less than those from transportation for the first time in 40 years. Opportunities abound.
With renewable energy undoubtedly entrenching itself as a global industry over the last decade, what will the next 10 years bring? The short answer is “more growth” and notably, “self-sustaining growth.” As the market evolves, growth will this time be supported by advancements in battery storage technology.
With renewable energy undoubtedly entrenching itself as a global industry over the last decade, what will the next 10 years bring? The short answer is “more growth” and notably, “self-sustaining growth.” As the market evolves, growth will this time be supported by advancements in battery storage technology.
On Thursday, February 15, 2018, the governing body that oversees the electric power grid in the U.S., the Federal Energy Regulatory Commission (FERC), voted unanimously in favor of adopting a new rule that would remove the market barriers that now prevent energy storage from participating in the wholesale energy markets, aka, the bulk pow
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