Energy Update

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Green bonds issued by Indian companies are gathering pace as the country’s ambitious target for renewable energy fuels interest from investors.

With two wind projects moving closer to construction less then 20 nautical miles off the coast of Maryland, parties concerned about the wind projects’ viewshed have started to take action.

(Mon, 24 Jul 2017) Comparisons of January through June electricity prices over the past three years suggest a growing premium for day-ahead hourly prices in the California Independent System Operator (CAISO) energy market for certain morning and evening hours relative to prices for midday hours.

Fairmount Santrol Holdings, a major provider of high performance sand and sand based product solutions, announced it has entered into a definitive 40-year lease agreement for approximately 3,250 acres of sand reserves located in Winkler County, Texas, in the Permian basin near Kermit.

SNC-Lavalin (SNC-Lavalin) has been awarded a contract by Brahms Oil Refineries to undertake a front-end engineering design (FEED) conversion to EPC contract for a 10,000 barrel per day crude oil refinery in Kamsar, Guinea.

Germany-based EEW Energy from Waste last week was awarded a contract to build and operate a thermal waste recovery plant in Poland following an EU-wide tender process.
 

The U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory yesterday said it will lead a $9 million project to remove technical barriers to commercialization of enhanced geothermal systems (EGS) for electricity generation.

Working closely with the oil and gas industry, Borouge has focussed strongly on innovation when it comes to plastics solutions. Innovation is an integral part of its business and Dr. Thorsten Loehl, Vice President Innovation, at Borouge will be speaking at this year’s Abu Dhabi International Downstream Summit about how Borouge, using this business model, delivers new solutions to meet the evolving market demands.

With the potential to reduce inspection times from weeks to hours, it’s no wonder drones are becoming an integral part of the solar asset manager’s toolkit.

Petrochemical giant ExxonMobil has been slapped with a fine of $2m by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on grounds of violating sanctions on Russia in the year 2014.

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