Energy Update
The world’s biggest offshore wind developer said construction delays on key electricity cables that will take North Sea wind power to Germany’s industrial heartland risk undermining the confidence of investors in new projects.
(Fri, 30 Jun 2017) EIA just held its annual energy conference in Washington, DC on June 26 and 27. More than 900 attendees from business, industry, academia, and government were on hand to discuss a wide range of energy issues.
Eni Norge AS (Eni Norge) has received consent to perform manned underwater operations on the Goliat field.
Petro River Oil Corp (Petro River Oil), an independent oil and gas exploration company announced the spudding of the Chardonnay 47X-35 exploration well (the “Chardonnay 47X”) in the Grapevine prospect in Kern County, California this week.
Statoil ASA (Statoil) has received consent to drill an exploration well in block 7435/12 in the Barents Sea.
OPEC and its associated non-OPEC producers’ decision in May to extend their output cuts through to end-March 2018 has not been met with overwhelming enthusiasm.
The American steel industry is desperately in need of relief, but it's not what you think. Tom Balcerek examines the uncertainty in the US steel markets stemming from the Section 232 investigation.
A new business-based climate advocacy group stepped into the CO2 spotlight this summer. The Climate Leadership Council took center stage with op-eds in the nation’s biggest dailies and a full-page ad in the Wall Street Journal. The topic: supporting a carbon tax to reduce CO2 emissions.
As Elon Musk races to finish building the world’s biggest battery factory in the Nevada desert, China is poised to leave him in the dust. Chinese companies have plans for additional factories with the capacity to pump out more than 120 GWh a year by 2021, according to a report published this week by Bloomberg Intelligence.
Following the passage of bills in the Virginia General Assembly this year, Dominion Energy is searching for sites in the coalfields of Southwest Virginia where it can build a pumped hydroelectric storage facility. In December 2016, Virginia Sen. Ben Chafin, R-Lebanon, and Dels.
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