Energy Update
(Thu, 02 Mar 2017) The report discusses current initiatives to establish regional liquefied natural gas (LNG) trading hubs and pricing benchmarks in Asia and assesses the prospects for the Asian gas hubs in the near future. The report examines the characteristics of successful natural gas trading hubs and develops qualitative and quantitative indicators of the components of effective hubs, with emphasis on applying these indicators to Asian markets.
The Philippines Department of Energy (DOE) released a report today saying its US$133.4 million 10.6-MW Pulanai hydropower plant being constructed in the southern province of Bukidnon on the Island of Mindanao, was attacked by armed individuals on Feb. 25.
A group of energy executives actively involved in solar C&I development in the Middle East and Africa talked at a Solarplaza conference...
(Wed, 01 Mar 2017) Canada is the largest energy trading partner of the United States. Based on the latest annual data from the U.S. Census Bureau, energy accounted for about 5% of the value of all U.S. exports to Canada and more than 19% of the value of all U.S. imports from Canada in 2016.
McDermott International announced a contract award from Hess for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico.
Governor Roy Cooper today said that Alevo will launch a major expansion at its facility in Cabarrus County, North Carolina, creating over 200 jobs over the next five years. The company will invest $251 million at its production operations in Concord.
Units of the commodities trader Vitol Group and the renewables investment fund Low Carbon Ltd. said they’d invest 250 million pounds ($311 million) to develop energy storage and distributed power-generation projects in the U.K.
Advancements in drone technology are turning cumbersome wind turbine maintenance into a safer and more streamlined data collection process.
The CPP has been a significant source of contention between climate defenders and deniers. President Trump and many in the Republican Congressional majority have targeted these regulations for rescission. The Donald, his cabinet nominees, transition staff and personal staff have all alluded to the significant reductions in federal environmental programs and policies that lie ahead.
Sizable reductions in the cost of solar equipment have created countless opportunities for developers operating in the Middle East and Africa to enter into power purchase agreements with commercial and industrial enterprises and to provide electricity at a lower rate than the local utility.
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