Energy Update
(Wed, 07 Jun 2017) The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2016 for the fifth straight year despite production declines for both petroleum and natural gas relative to their 2015 levels.
Cooper Energy has announced that Callawonga-16, a development well being drilled by the PEL 92 Joint Venture in PPL 220 in the Cooper Basin, spudded at 22.15 on June 6 2017.
Statoil ASA (Statoil) has received consent to drill an exploration well in block 6507/8 in the Norwegian Sea.
TechnipFMC has entered into a three-year frame agreement with Woodside Energy in Australia for Riserless Light Well Intervention (RLWI) and subsea services, including intervention, installation, and plug and abandonment services.
RusHydro intends to sell its 560-MW Sevan-Hrazdan Cascade located on the Hrazdan River in Armenia, according to Nikolay Shulginov, RusHydro chief executive officer.
Energy storage software and services company Greensmith Energy, E.On Climate and Renewables, and Tucson Electric Power inaugurated the Iron Horse Battery Energy Storage Project
Two commercial buildings, a factory and an aerospace research facility, both consumed 40,000 kWh of energy in January 2017. However, their energy consumption patterns were very different. The factory maintained a uniform energy consumption of 1,333 kWh per day, and for no given period did their power draw exceed 56 kW.
The short answer is no. Although recent statistics from the U.S. Energy Information Administration say wind exceeded hydro in total generating capacity at the end of 2016, their capacity numbers don’t include pumped storage in hydropower.
(Tue, 06 Jun 2017) The amount of jet fuel consumed by U.S. airlines increased in both 2015 and 2016, although jet fuel use in 2016 remained 11% lower than its level a decade ago. Jet fuel use was lower despite the fact that the number of passengers traveling on U.S. carriers in 2016 was 7% higher than in 2007.
88 Energy Limited (88 Energy) has provided an update on Project Icewine, located onshore North Slope of Alaska.
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