Energy Update
As Puerto Rico sets out to rebuild its electric system knocked out by Hurricane Maria in September, can it become a model for renewable energy? Scores of government agencies, think tanks and energy experts are mulling that question, as much of the U.S. Caribbean territory still lacks electricity.
Latin American wind has grown swiftly in recent years to almost 20 GW by August 2017, with 80 percent of installed capacity in Brazil and Mexico.
(Fri, 15 Dec 2017) Through the first nine months of 2017, U.S. biodiesel production levels were slightly higher than 2016 levels, despite the expiration of a federal biodiesel blender's tax credit at the end of 2016. Domestic biodiesel production may continue to increase because of changes to import policies such as those recently announced by the U.S. Department of Commerce on biodiesel imports from Argentina and Indonesia.
Subsea 7 has bagged two contracts from alliance partner Aker BP in the Norwegian North Sea.
UrbanVolt, the Dublin-headquartered energy-saving LED lighting firm whose backers include rugby star Jamie Heaslip, has announced a new solar solution.
On the global stage, China is the leading market for wind energy. With wind capacity of 168.7 GW at the end of 2016, it held a market share in new deployments of over 42 percent.
The boom in infrastructure projects is driving steel demand in India as the country prepares for national elections to be held in 2019.
(Thu, 14 Dec 2017) Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to data through August, up from 3.2 million b/d in 2016, making it the ninth-largest producer of petroleum and other liquids in the world. Production of crude oil in Brazil increased in recent years as producers targeted large, offshore, pre-salt oil deposits.
Aker Solutions has bagged a framework agreement to provide subsea services for oil and gas fields offshore Norway operated by Statoil.
Poland’s oil refiner, PKN Orlen has launched a voluntary bid to acquire all the remaining shares that it does own in Czech company Unipetrol.
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