Energy Update
South Africa is currently redrafting its Mining Charter, hopefully bringing to an end a long period of disagreement and uncertainty.
(Wed, 15 Mar 2017) Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by EIA.
Amec Foster Wheeler has been awarded a contract extension by Centrica for its Morecambe Bay onshore and offshore gas production assets.
The 99.9-MW Glyn Rhonwy pumped-storage project has been awarded a development consent order by U.K. Business, Energy and Industrial Strategy Minister Greg Clark, opening the doors for Britain's first new grid-scale power storage facility in more than 30 years.
Sungevity, which last week laid off more than two-thirds of its Kansas City staff, received only a fraction of the $11.8 million in potential tax breaks that were offered to attract the company here. The solar panel marketing company opened a sales office in downtown Kansas City in early 2015.
Engie SA is considering an offer for German renewable energy utility Innogy SE as its majority owner RWE AG weighs strategic options, people familiar with the matter said.
The Oklahoma House of Representatives on March 9 passed by a vote of 74-24 a bill that would reduce the time frame in which wind power projects can qualify for the state’s clean energy tax credit.
(Tue, 14 Mar 2017) The United States remained a net exporter of coal in 2016, exporting 60.3 million short tons (MMst) and importing 9.8 MMst. U.S. coal exports fell for the fourth consecutive year, down 13.7 MMst from 2015, with 2016 exports less than half of the record volume of coal exported in 2012 (125.7 MMst). Slow growth in world coal demand combined with supplier competition were the primary factors contributing to the decline in U.S. coal exports.
Throughout the Pacific, island communities are embracing ambitious renewable energy targets, many as high as 100 percent over the next decade or two. This isn't surprising, given that these islands are already experiencing significant climate change impacts, and recognize the environmental benefits of reducing or replacing carbon-intensive diesel power generation.
Wood Group has won two separate contracts related to BP’s Mad Dog 2 project providing engineering services to further develop deepwater production.
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