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Qatari LNG development to extend LNG surplus into mid-2020s

Qatar’s announcement Tuesday that it will double the size of its proposed new development on the giant North Field to 4 Bcf/d and use the gas for LNG exports will throw off course multiple new LNG projects elsewhere in the world.

Construction costs for most power plant types have fallen in recent years

(Wed, 05 Jul 2017) Based on EIA survey data for new, utility-scale electric generators (those with a capacity greater than one megawatt), capacity-weighted average construction costs for many generator types have fallen in recent years. Annual changes in construction costs include the effects of differences in the geographic distribution of installed capacity between years, differences in technology types, and other changes in capital and financing costs.

Freedom Oil & Gas finalizes drilling of its second horizontal Eagle Ford Shale well

Freedom Oil and Gas has announced the successful drilling of its second well, the Wilson BE #2, on its Dimmit County, Texas acreage.

Aggreko Buys Energy Storage Startup Younicos for £40 Million

On Monday, Scotland-based Aggreko announced that it would be acquiring Germany-based energy storage company Younicos for £40m.

Live Free or Die State Celebrates Energy Independence by Removing Net-metering Cap

In late June, solar energy stakeholders in New Hampshire rejoiced when the public utilities commission (PUC) released new order effectively removing the solar net-metering cap in the state.  

Rural New York Building Gets Microgrid for Resiliency

Ideal Power has teamed up with Azimuth Energy and Wright Architects to retrofit a building in rural New York with a solar-plus-storage microgrid for backup power during grid outages.

China Issues First Allotment of Green Power Trading Certificates to 20 Renewable Energy Projects

The China National Renewable Energy Center recently approved and issued the nation’s first lot of green power trading certificates to 20 renewable energy projects as a part of the country’s upgraded policies as concerns renewable energy generation, green certificates, and the green certificate trading scheme.
 

Even as renewables increase, fossil fuels continue to dominate U.S. energy mix

(Mon, 03 Jul 2017) Fossil fuels have provided more than 80% of total U.S. energy consumption for more than 100 years. Since 1928, when consumption of natural gas surpassed that of biomass, the three fossil fuels—petroleum, natural gas, and coal—have been the three most consumed fuels in the United States.

China based oil equipment supplier Kerui Group signs contract with Rosneft to increase output from fracturing

Kerui Group, a Chinese supplier of equipment for oil fields and deposits, recently won a three-year contract on a large project to increase the output from hydraulic fracturing in Nyagan, involving the construction of Model 2000 fracturing trucks.

Zirax signs distribution agreement for Green Ocean oil spill response solutions

International company Zirax and Dutch company Green Ocean signed distribution agreement for innovative absorbing solutions for oil spills prevention and response.

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