Energy Update
CHC Group has successfully concluded its financial restructuring and emerged from Chapter 11 as its court-confirmed plan of reorganization (the Plan) went into effect on 24 March 2017.
How do we compensate those who add clean electricity to our shared power grid? This fundamental question has affected the rate at which the U.S. has adopted, deployed, and put into use clean, distributed energy resources.
Canadian firm is hoping to cash in on the burgeoning market for electricity storage -- no matter which technology breaks out first.
Big oil is starting to challenge the biggest utilities in the race to erect wind turbines at sea.
Royal Dutch Shell Plc, Statoil ASA and Eni SpA are moving into multi-billion-dollar offshore wind farms in the North Sea and beyond. They’re starting to score victories against leading power suppliers including Dong Energy A/S and Vattenfall AB in competitive auctions for power purchase contracts, which have developed a specialty in anchoring massive turbines on the seabed.
(Thu, 23 Mar 2017) Brazil generates the third-highest amount of electricity in the Americas, behind only the United States and Canada. In 2016, Brazil had an installed generating capacity of 137 gigawatts (GW) and generated 560 billion kilowatt hours of electricity.
No country will ever get to 100 percent renewable energy without using geothermal, biomass, hydropower or a combination of the three. These technologies are able to provide energy around the clock, (baseload) and do not depend on the sun shining or the wind blowing.
China's China Petroleum & Chemical (Sinopec) has agreed to acquire Chevron’s assets in South Africa for about $900m in a bid to expand its operations.
Saipem and NTT DATA have signed an agreement to collaborate on prototyping and implementing new solutions in Saipem yards on its vessels.
Saipem and Siemens have signed a joint development agreement to qualify and promote an open standard subsea control system for Saipem's subsea bus architecture based on Siemens Subsea DigiGrid.
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