Energy Update
LONDON, Feb 2 (Reuters) - Saudi Arabia has been forced to
return to the role of swing producer in the oil market, despite
the country's insistence for three decades it would never play
the role again.
AMSC, a global energy solutions provider serving wind and power grid industry leaders, today announced that it is launching a product solution for electric utility customers at DistribuTECH-the largest annual energy transmission and distribution event in North America.
LONDON, Feb 2 (Reuters) - The falling cost of electric
vehicle and solar technology will halt demand growth for oil and
coal from 2020, according to research published on Thursday,
posing a threat to fossil fuel companies unprepared for the
transition.
Fugro has been awarded a framework contract in the Asia Pacific region for inspection, repair and maintenance (IRM) services.
X-Terra Resources has initiated an airborne geophysical survey over the Veronneau property, recently optioned by X-Terra, located in the Eeyou Istchee/James Bay territory.
WASHINGTON, Feb 1 (Reuters) - Two major U.S. rules aimed at
curbing corruption and pollution in the energy sector may be
entirely wiped from the books by next week, after the
Republican-led House of Representatives on Wednesday voted to
repeal them.
Feb 1 (Reuters) - A jury weighing charges against an
activist behind a coordinated protest that disrupted the flow of
millions of barrels of crude oil into the United States failed
to reach a verdict in a case in Washington state, prosecutors
said on Wednesday.
On Wednesday, February 1 during DistribuTECH, operational intelligence provider OSIsoft and distributed energy storage company Sunverge Energy announced that they have entered into a technology alliance that will enable utilities to integrate data from Sunverge’s residential storage systems directly into OSIsoft’s PI System.
SYDNEY, Feb 2 (Reuters) - After years of cutting budgets and
squeezing existing mines, global mining giants are again
scouting for new deposits: industry analysts say 2017 will see
the first increase in spending on exploration in five years.
WASHINGTON/CANNON BALL, N.D., Feb 1 (Reuters) - Activists
protesting the Dakota Access Pipeline project expressed alarm on
Wednesday after federal lawmakers from the state said the final
permit had been granted for the project - a statement later
contradicted by the Army, which issues such permits.
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