Power


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ADB offers EESL $13M to Promote Efficient Energy Usage in India

The Asian Development Bank has recently announced that it will grant a loan worth $13 million to government-owned energy service company EESL. The investment, reportedly, is touted as an effort to promote efficient energy usage in India. As per trusted sources, Asian Development Bank (ADB) and EES ...

Jui Kate


Posted 10 months agoPress > lightEnergyPower +1

New England’s Competitive Electricity Markets Lead to Less Price Volatility

Source: U.S. Energy Information Administration, Monthly Electric Power Industry Report ( Form EIA-861M ), and ISO-NE, as accessed through SNL. Of the six states that comprise New England, all but Vermont have deregulated electricity markets that allow customers to choose among competitive su ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > New EnglandElectricityEnergy +5

SIMEC Atlantis Enters French Joint Venture to Build New Tidal Project

U.K. headquartered SIMEC Atlantis Energy, the tidal energy projects developer, has reportedly entered into a new joint venture with the Development Agency for Normandy (AD Normandy) for developing a tidal power project in Raz Blanchard, Normandy. Regional investment fund Normandie Participations is ...

Jui Kate


Posted 11 months agoPress > windEnergyPower +2

SaskPower Inks Deal With Manitoba to Buy its Hydroelectricity Surplus

The Saskatchewan Crown Corporation is reported to have agreed on a term sheet which puts down the framework for Regina based electric utility SaskPower to purchase 190 megawatts (MW) of capacity from Manitoba Hydro, as well as an option to buy an additional capacity of 25 MW. The deal would supposed ...

Jui Kate


Posted 11 months agoPress > EnergyPowerhydropower +4

Acciona to Invest in Renewable Energy & Infra Projects in Philippines

Acciona S.A., a Spanish infrastructure company, has reportedly announced the expansion of its operations in Philippines and plans to recruit more manpower as it looks for opportunities in the renewable energy sector in collaboration with a local company. Reports cite, Acciona is weighing the poten ...

Jui Kate


Posted 11 months agoPress > EnergyOilPower +2

Carbon Dioxide Emissions From the U.S. Power Sector Have Declined 28% Since 2005

Source: U.S. Energy Information Administration, U.S. Energy-Related Carbon Dioxide Emissions , 2017 U.S. electric power sector carbon dioxide emissions (CO2) have declined 28% since 2005 because of slower electricity demand growth and changes in the mix of fuels used to generate electricity ...

OilVoice Press - OilVoice


Posted 11 months agoOpinion > EIAEnergy Information Administration EIAUnited States +4

Saudi Aramco to Acquire Stakes in a Mega Oil Refinery in China

Saudi's Aramco is reportedly planning to buy a stake in an upcoming major Chinese refinery. It is the company's new investment in the world's largest oil market as it follows a strategy of procuring avenues for oil sales. Abdulaziz M Al-Judaimi, Senior Vice President of downstream operations at Ara ...

Jui Kate


Posted 11 months agoPress > OilOil and GasEnergy +5

Hurricane Michael FACTBOX & Map - S&P Global Platts

Hurricane Michael made landfall at the Florida panhandle as a Category 4 hurricane Wednesday with 155 mph winds, quickly destroying demand for power, natural gas and refined oil products. Shut-in oil production rose modestly from Tuesday to over 700,000 b/d, but the storm has stayed east of much of ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > S&P Global PlattsHurricane MichaelFACTBOX +4

Shell Makes a Comeback in the North Sea With New Gas Field Investment

The British-Dutch oil company Royal Dutch Shell has reportedly announced its plans to invest in the North Sea to construct a gas field 149 miles east of Aberdeen. As per trusted sources, the energy giant is making a slew of new investments in the basin after selling off about EUR 2.4 billion worth ...

Jui Kate


Posted 1 year agoPress > OilgasEnergy +3

Keppel to Construct Two More LNG Carriers For Stolt-Nielsen Gas

Keppel Offshore & Marine (Keppel O&M) has reportedly announced to have signed contracts with Stolt-Nielsen Gas to construct two more small-scale liquefied natural gas (LNG) carriers. As per trusted sources, the two latest deals are set to be completed in the last quarter of 2020 and the first quart ...

Jui Kate


Posted 1 year agoPress > OilgasEnergy +3

Global Installed Clean Energy Capacity to Exceed 1T Watts by 2023

The latest annual report from The International Energy Agency (IEA) on renewables reportedly forecasts that about 1.3 terawatts of extra clean energy would be installed across the globe by 2023. The agency predicted the global renewable energy capacity to grow by one terawatt in its most conservativ ...

Jui Kate


Posted 1 year agoPress > EnergyOilgas +1

Saudi Aramco Plans to Invest in New Oil Refinery at Pakistan’s Gwadar

The petroleum ministry of Pakistan has reportedly announced to that Saudi Arabia has granted an in-principle approval to invest in a new oil refinery in the Gwadar port. As per trusted sources, the state-owned Pakistan State Oil would team up with Saudi Aramco to set up the oil refinery. Petroleum ...

Jui Kate


Posted 1 year agoPress > EnergyOilOil&Gas +3

L&T’s Power Vertical Secures Orders Worth INR 1,400 cr From NTPC

The power vertical of the Indian multinational conglomerate Larsen & Toubro has reportedly announced to have bagged two contracts worth INR 1,400 crore from the state-owned National Thermal Power Corporation (NTPC). As per trusted sources, the power vertical of Larsen & Toubro would set up FGD syst ...

Jui Kate


Posted 1 year agoPress > OilEnergyPower +4

Hydro and Fossil Fuels Power Electricity Growth in Sub-Saharan Africa

Source: U.S Energy Information Administration, International Energy Statistics According to EIA's international electricity statistics , hydroelectric and fossil fuel-powered generation were the top sources of growth between 2005 and 2015 in Sub-Saharan Africa (SSA), defined as the 49 cou ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > HydroFossil FuelsAfrica +5

Like Natural Gas, Coal in the Southwest Power Pool is Cycled to Accommodate Wind Power

Source: U.S. Energy Information Administration, based on Southwest Power Pool Historical Data Electricity generation in the Southwest Power Pool (SPP), a regional transmission organization (RTO) covering all or part of fourteen Midwestern states, is mostly provided by three fuels: coal, na ...

OilVoice Press - OilVoice


Posted 1 year agoOpinion > natural gasEIAEnergy Information Administration EIA +6