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U.S. natural gas storage capacity increased slightly in 2016

(Tue, 04 Apr 2017) For the past three years, underground natural gas storage capacity in the Lower 48 states has changed by relatively small increments compared to the changes in 2012 and 2013. No new storage facilities have entered service since 2013, so recent annual changes in both storage design capacities and demonstrated maximum working gas volumes reflect the aggregate effect of small changes at existing facilities

Sunrun Said to Seek $200 Million in Debt for Rooftop Solar

Sunrun Inc., the largest U.S. independent residential solar company, is seeking about $200 million in project-finance debt to build more rooftop power systems, according to people familiar with the deal. 

Nanjing Waste-to-energy Project Phase II Begins Operation

China Everbright International last week said that it has placed the second phase of its Nanjing waste-to-energy project into commercial operation. Nanjing phase two is designed with a daily household waste processing capacity of 2,000 metric tons, with a total investment of approximately RMB980 million (US$142 million).

Modi's Aim to Spread Solar to Poorer Nations Wins IEA Support

The International Energy Agency will help support Indian Prime Minister Narendra Modi’s goal to spread solar power to more developing nations, especially those clustered around the Equator.
 

Waste-to-energy Firm Expands Plans for Five Plants in Southern Mexico

Miami-based EAWC Technologies last week said it is expanding its plan to build several waste-to-energy (WtE) power plants in Mexico. The company signed a revised agreement with Mexico-based Tecnologias Verdes SA de CV to construct a WtE power plant in Chiapas in southern Mexico — the first of five planned for the area.
 

First Unit of Sarulla Geothermal Project in North Sumatra Now Online

The first 110-MW unit of the Sarulla geothermal project began commercial operations in late March. When completed, the full project in Indonesia’s North Sumatra will have a capacity of about 380 MW. The project combines flash and binary geothermal technologies.
 

Petroleum Marketing Survey Form Changes Proposed for 2017

(Mon, 03 Apr 2017) The U.S. Energy Information Administration (EIA) is proposing changes to its Petroleum Marketing data collection in 2017

U.S. oil producers increased investment in fourth quarter of 2016

(Mon, 03 Apr 2017) Capital expenditure for 44 U.S. onshore-focused oil production companies increased $4.9 billion (72%) between the fourth quarter of 2016 and the fourth quarter of 2015 based on their public quarterly financial statements. This increase in investment spending was the largest year-over-year increase for any quarter by these 44 companies since at least the first quarter of 2012. More ›

Eni fires up new hybrid high performance computer for E&P activities

Eni fired up its new High Performance Computing (HPC3) in the Green Data Center in Ferrera Erbognone (PV). HPC3 allows Eni to fully support all the activities in the Exploration and Production sector.

Lekoil signs MoU with GE for Ogo field development work program

Lekoil has signed a Memorandum of Understanding (MOU) with GE Oil & Gas (GE), a subsidiary of General Electric Company for the development of a work program for the Ogo field in OPL310.

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