Energy Update
Petrochemical giant ExxonMobil and the University of Wisconsin-Madison (UW-Madison) have extended their agreement to research by two more years for conversion of biomass into transportation fuel.
The expected startup of new US methanol capacity during the second half of the year is prompting a bearish outlook for some market participants heading into the third quarter.
(Tue, 18 Jul 2017) Coal exports for the first quarter of 2017 were 58% higher than in the same quarter last year, with steam coal exports increasing by 6 million short tons (MMst) and metallurgical coal exports increasing by 2 MMst. Most of these exports were shipped from Atlantic Coast and Gulf of Mexico ports.
(Tue, 18 Jul 2017) This report presents the major assumptions of the National Energy Modeling System (NEMS) used to generate the projections in the Annual Energy Outlook 2017, including general features of the model structure, assumptions concerning energy markets, and the key input data and parameters that are the most significant in formulating the model results.
Highly anticipated industry guidelines designed to boost production efficiency in the UK Continental Shelf have been published by Oil & Gas UK.
In the early days of solar, its proponents claimed that the technology was simple to install and did not require maintenance. Consequently, a significant number of early small solar installations were neither monitored nor serviced regularly.
The UK generates more electricity from offshore wind than any other country, meeting 5 percent of total national demand. That figure is likely to grow, with the sector predicted to be worth just under £3B [US $3.9B] to the UK economy by 2030.
Transitioning to the energy landscape of the future is oftentimes distilled down to a rise in renewable power generation. But the reality is that myriad industries are evolving and contributing to the foundations of a cleaner future.
Singapore-based Keppel Seghers Belgium N.V. today said that it will supply incineration technology and services worth US$14.6 million to two waste-to-energy projects in China.
The Abu Dhabi National Oil Company (ADNOC) has entered into a framework agreement with Borealis to expand their petrochemical operations in the Ruwais region.
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