Energy Update
Clean-energy investment fell 17 percent in the first quarter, keeping pace with last year’s decline, as the U.S. and China both scaled back support for wind and solar farms.
(Thu, 13 Apr 2017) Drivers in the United States will pay an average of $2.46 per gallon (gal) this summer for regular gasoline, according to forecasts in EIA's <em>Short-Term Energy Outlook</em> (STEO). Gasoline prices from April through September are expected to be 23 cents/gal higher than the average price last summer, but this price is still nearly 70 cents/gal below the previous five-year average.
The Gazprom Management Committee approved the 2018–2022 Comprehensive Targeted Program for the reconstruction and re-equipment of energy facilities operated by Gazprom Energo.
KBR announced that it has signed a multi-phase ten-year engineering and procurement services master contract (Master Contract) with Chevron U.S.A. to provide engineering and procurement services for Chevron in multiple global locations.
Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, announced that it has arranged for the provision of Offshore Service Vessels (OSVs) through Tidewater Marine International, with the signing of an OSV Contract for a multi well campaign as part of Sirius' shallow offshore development strategy in Nigeria.
Wood Group has been awarded a new three year contract valued at $8 million to deliver process automation engineering services to TPC Group, a leading producer of value-added products derived from C4 hydrocarbons.
A Sale-Purchase Agreement was signed between Numaligarh Refinery Limited (NRL) and Bangladesh Petroleum Corporation (BPC) for supply of High Speed Diesel (HSD) through the proposed 131 km Indo-Bangla friendship pipeline.
On March 25, 2017, Utah Governor Gary Herbert signed Senate Bill 197 (effective January 1, 2018), establishing an exemption for the purchase or lease of machinery, equipment, normal operating repair or replacement parts, catalysts, chemicals, reagents, solutions, or supplies used or consumed by a refiner who owns, leases, operates, controls, or supervises a refinery used to produce gasoline or diesel fuel.
Vepica Group, a multi-national engineering, procurement and construction company co-headquartered in Houston, Texas, and Caracas, Venezuela, with offices in Canada, Colombia and China, has chosen the Intergraph solutions suite for the Davis Refinery project, a high-conversion crude oil refinery to be constructed in southwestern North Dakota to serve crude oil producers and local liquid fuels and chemicals markets.
Under the rising tide of skeptical climatologists, particularly in the U.S., where they became the leaders of the White House, the return to the "COP21" and "COP22" conferences is necessary to measure the degree of hope to save what can be saved for this co-existence on a planet where its leaders quarrel about the reality of its fatal illnesses, while the doomsday clock is ticking.
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