Energy Update
According to Malini Girdhar, vice president, market development, public government affairs at Enbridge Gas Distribution, her company is interested in developing geothermal heating and cooling solutions in Ontario and offering those solutions to homeowners. There are two key drivers for the company’s interest. First, Ontario has aggressive carbon-reduction goals and second, there is a significant heating load in the region.
EagleClaw Midstream Ventures has entered into an agreement to sell the company to funds managed by Blackstone Group for nearly $2bn.
There are clear signs that the container industry is slowly creaking towards using price indexes in contracts, but some of the most important players still hesitate to give it a shot.
Since the fall of 2016, when steel emerged as a key topic in the US presidential debates and longtime industry issues became the stuff of living room and social media conversations across the country, the steel industry in the US has felt emboldened.
(Tue, 18 Apr 2017) EIAâs April 2017 <i>Short-Term Energy Outlook</i> (STEO) expects that electricity generation fueled by natural gas during the summer months of June, July, and August will be lower than last summer, but it will continue to exceed that of any other fuel, including coal-fired generation, for the third summer in a row.
Green Dragon Gas, a producer of Coal Bed Methane (CBM) gas in China, announced that the Qinshui Basin Chengzhuang Cooperative CBM Block (GCZ Block) Overall Development Plan (ODP) has been approved by the Consultation Center of China National Petroleum Corporation (CNPC).
LGO Energy's second development well, GY-683, in the new drilling campaign on Gourdon Field, which was drilled 1250 ft and perforated over 250 ft interval of net oil pay within Mayaro Sandstone reservoir is now on production.
Saffron Energy said that the operations at its gas field in Bezzacca had begun last week.
Zenith Energy announced that field workover Team A, comprised of the Company's field personnel and operating Zenith's workover rig, will be involved in workover operations at three wells across the Muradkhanli, Jafarli and Zardab fields near Baku, Azerbaijan.
Walmart is continuing its foray into energy storage ownership with new installations for its stores in Southern California. Advanced Microgrid Solutions last week said it will install 40 MWh of energy storage at 27 Walmart stores in the region.
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