Energy Update
The South African Competition Commission has conditionally approved China Petroleum & Chemical Corporation’s (Sinopec) proposed $900m deal to acquire stake in Chevron South Africa (CSA).
West Jefferson is among the first communities to benefit from an effort by North Carolina’s 26 electric cooperatives to lure electric-vehicle drivers off the beaten path to remote and scenic areas they might have otherwise avoided out of range anxiety.
The solar industry and the approximately 1.5 million U.S. nonprofit organizations have been hindered in their efforts to work together, but a new pathway has emerged that will make the process of going solar for tax-exempt entities affordable and user friendly.
President Donald Trump said yesterday that he would like to see the United States further increase its hydroelectric capacity, while again mulling re-entry into the Paris Climate Agreement.
In 2015, seven young people died in Beaver Lake Cree Nation — a tiny community in northeast Alberta with an on-reserve population of only 345 people.
Deployment of energy storage, especially batteries, will increase substantially in the next few years. Three underlying trends in the energy markets will drive the growth. They are favorable federal and state regulations on energy storage, falling costs for batteries due to advances in technologies, and an improved ability by energy storage owners to tap into multiple revenue streams.
(Thu, 11 Jan 2018) EIA's January <em>Short-Term Energy Outlook</em> forecasts Brent crude oil to average $60 per barrel (b) in 2018 and $61/b in 2019, slightly higher than the $54/b average in 2017. In both 2018 and 2019, EIA expects total global crude oil production to be slightly greater than global consumption, with U.S. crude oil production increasing more than any other country.
ADES International (ADES) said that it has extended two existing contracts for Admarine II, Admarine IV and renewed its lease for Admarine VI, all of which are in the Gulf of Suez area.
It is evident from industry events these days that shipping is often either way down the agenda or overlooked completely. Alex Younevitch, managing editor for EMEA freight markets at S&P Global Platts, elaborates.
SolarReserve’s 150-MW solar thermal power plant has been granted development approval by the South Australian Government, paving the way for construction to begin this year.
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