Energy Update

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GulfMark Offshore has completed its financial restructuring plan and emerged from bankruptcy protection under chapter 11 of the US Bankruptcy Code.

Oman Oil Refineries and Petroleum Industries Company's (Orpic) Mina Al Fahal Refinery has commenced its startup operations after a major turnaround, maintenance and project activities.

Today's topics include PV module pricing and how the trade case is already impacting prices despite that fact that nothing has been made official yet. As Paula says, “no news is bad news.”
 

The Microgrid 2017 conference, which ran from November 6-8 in Boston, kicked off with a list of events that point to a desperate need for microgrids, and I bet you’ve heard of them: 

Ever closer relations between Saudi Arabia and Russia, the world’s two largest oil exporters, look like a nightmare for China, the world’s largest oil importer. However, as the originator of demand in a world where peak oil consumption hovers on the horizon, it is Beijing that ultimately holds the whip hand.

(Mon, 13 Nov 2017) Carbon dioxide (CO2) emissions associated with coal consumption in the United States fell by a record 231 million metric tons in 2015. More than 60% of the annual decrease occurred in 10 states, led by Texas, Indiana, Ohio, Illinois, and Pennsylvania, according to EIA’s state-level carbon dioxide emissions data.

Chevron Phillips Chemical Company has commissioned the two polyethylene (PE) units of its $6bn US Gulf Coast (USGC) Petrochemicals Project.

Carnarvon Petroleum partner Quadrant Northwest has signed a contract with ENSCO Australia to drill the highly anticipated Dorado-1 exploration well using the ENSCO-107 jack-up drilling rig.

Jera has announced that the first cargo of LNG from the Wheatstone Project, loaded onto the vessel Asia Venture, has reached the TEPCO Fuel & Power Futtsu LNG Terminal in Chiba Prefecture.

This week, we review the spectrum of backup power solutions from generators to home battery backup power systems connected to solar. I’ve been installing home battery backup power systems on and off for 20 years. 

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Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.