Energy Update
The Asian Development Bank (ADB) has approved a $44.76 million grant to develop Afghanistan's first 20 megawatts (MW) on-grid solar photovoltaic plant and boost the country's renewable energy generation and supply.
Billionaire Elon Musk’s giant battery being built in the Australian outback will be energized in coming days and begin testing, indicating Tesla Inc. is on track to meet a 100-day self-imposed deadline to install the system.
(Mon, 27 Nov 2017) Biomass and waste fuels generated 71.4 billion kilowatthours of electricity in 2016, or 2% of total generation in the United States, according to EIAâs recently released annual electric power data. Biomass fuels are defined as all non-fossil, carbon-based (biogenic) energy sources. Waste fuels are defined as all other non-biogenic wastes.
Curzon Energy has signed a rig contract with Paul Graham Drilling and Services for the upcoming workover of five existing wells at its Coos Bay CBM project.
State-owned firm Saudi Aramco has signed a memorandum of understanding (MoU) with petrochemical producer Saudi Basic Industries (SABIC) to build a $20bn fully integrated crude oil to chemicals (COTC) complex in the country.
Zion Oil & Gas has announced that on November 20th, 2017 Zion received a two-year extension on its Megiddo-Jezreel License No. 401, extending its validity to December 2, 2019.
Petroleum is a fossil fuel that is found in geological formations beneath the Earth's surface. The naturally occurring petroleum is a yellow-to-black liquid that is refined to produce various types of fuels. The term covers unprocessed crude oil and petroleum products that consist of refined crude oil. It includes crude oil, natural gas plant liquids, liquefied refinery gases, and refined petroleum products such as gasoline and diesel.
Energy market participants in some regions of the world are facing the challenge of renewables integration head-on, with slow, but steady, progress on market redesign and the creation of more regionalized power grids.
South African firm Sasol has announced its plan to abandon its gas-to-liquids (GTL) greenfields projects including a $13bn-$15bn GTL facility in Louisiana, US, as part of its refined corporate strategy.
It’s that time of year again: holidays! Until 2018 begins, we try to set aside some extra time for family, eat delicious meals together, exchange gifts and generally close out the year with good wishes and good intentions for the next year.
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