Energy Update
Dubai Electricity & Water Authority announced today it has awarded a US$15.8 million consultancy contract to France’s EDF for the US$523 million 250-MW pumped-storage project at Hatta Dam, located in Dubai, United Arab Emirates.
A letter signed today by five renewable energy associations urges Congress to oppose the $1.7 billion cut to the U.S. Department of Energy’s (DOE) FY18 budget proposed by the Trump Administration.
I recently came across an article highlighting subdued M&A activity in the Indian solar space as it appears buyers are now reluctant to acquire older projects with high tariffs due to perceived curtailment and/or tariff revision risk! I guess this means the latest solar tariffs may not be so irrational after all.
Pinnacle Midstream has started the engineering and construction on the Sierra Grande gas processing facility in the Culberson County, Texas, US.
(Tue, 13 Jun 2017) At the end of May, Exelon, the owner of the Three Mile Island Nuclear Generating Station in southeastern Pennsylvania, announced its intention to retire the plant in 2019 unless the company is given assistance by the state to help keep the plant financially viable. Exelonâs announcement marks the sixth announced nuclear retirement in the past seven years.
UK-based chemicals company Ineos has announced plans to construct a world-scale propane Dehydrogenation (PDH) unit in Europe.
88 Energy Limited (88 Energy) has provided an update on Project Icewine, located onshore North Slope of Alaska.
Eland Oil & Gas PLC (Eland Oil & Gas) an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, has announced that its joint venture company, Elcrest Exploration and Production Nigeria Ltd (Elcrest) has signed a rig contract with OES Energy Services Limited (OES), for the OES Teamwork Rig for the upcoming sidetrack of Opuama-7.
Petrel Energy Limited (Petrel Energy) has announced that the Operator Schuepbach Energy Uruguay has decided to temporarily suspend (at no cost) drilling operations in Uruguay.
Petrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services.
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