Energy Update
UMW Oil & Gas (UMW-OG) announce that UMW Offshore Drilling (UOD), a wholly-owned subsidiary of UMW Malaysian Ventures (UMV), which in turn is a wholly-owned subsidiary of UMW-OG has received a Letter of Award from Vestigo Petroleum (Vestigo) for a contract for the provision of a Jack-Up Drilling Rig for Vestigo.
SIMMONS EDECO, a supplier of wellhead and valve maintenance, asset integrity solutions and onshore drilling services to the global oil and gas industry, announced that it has entered into a framework agreement with EDF Energy to maintain its Gas Storage facilities in Cheshire, England.
Amec Foster Wheeler has been awarded a major contract by Brunei Shell Petroleum (BSP) for the rejuvenation of assets in Brunei.
NEAT refers to our recently launched North East Asia Thermal (NEAT) coal index. Since its inception in early January, the daily index has tracked the value of thermal coal cargoes arriving into the markets of Japan, Korea and Taiwan.
With the Donald Trump presidency reaching its 50th day at the weekend, we take a look at the impact the current administration is having on gold prices.
U.S.-based Rye Development and GridAmerica have acquired the Swan Lake North pumped-storage hydroelectric plant from EDF Renewable Energy.
On wind-swept ridgelines, surrounded by pine-beetle ravaged forests, the massive turbines at British Columbia’s largest wind power project have started turning. The Meikle Wind project, built by Pattern Development, will increase wind power capacity in the province by more than one third
Santa Monica, Calif.-based SolarReserve this week said it has received environmental approval from the Chilean government to build the Tamarugal concentrating solar power project in the Tarapacá region of Chile.
Nigeria, Africa’s biggest oil exporter, may be about to turn sunward to generate more of its power. Senators in the capital of Abuja are debating allocation of $30 million to solar projects in this year’s budget, according to the Renewable Energy Association of Nigeria.
(Thu, 09 Mar 2017) Warmer than normal weather throughout much of the United States resulted in the first recorded net natural gas injection during a week in February since weekly storage data has been collected. For the week ending February 24, the amount of natural gas in storage in the Lower 48 states increased 7 billion cubic feet (Bcf).
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