Erika Green The proposal to build a 65-mile natural gas pipeline through San Bernardino County, California, to Moreno Valley could be in trouble. Sempra Energy subsidiaries Southern California Gas and San Diego Gas & Electric sought rate increases to pay for the $621.3 million project, which they said is needed to secure a reliable … Read more
A Nevada energy company said it wants to purchase an unfinished nuclear power plant from the Tennessee Valley Authority (TVA) and use the site in northeast Alabama to produce electricity with new technology. Michael Dooley, managing partner of Phoenix Energy of Nevada, told the Associated Press his company wants to use the mothballed Bellefonte Nuclear … Read more
Venezuela’s state-owned oil company, PDVSA, has issued at least $310 million in debt to companies including General Electric as it negotiates private issues to pay off its suppliers, industry sources told Reuters. The debt issues are stretching the finances of a company its bondholders already believe is nearing default, Kallanish Energy learns. The securities in … Read more
Brazil’s mines and energy ministry is nearly finished with the country’s 2050 national energy plan (PNE), which will include the construction of new nuclear power plants, local newspaper Valor Econômico reported Wednesday. The story quoted the ministry’s executive secretary, Luiz Eduardo Barata, as saying “the PNE 2050 is in its conclusion stage, and will surely … Read more
The global lithium-ion battery market is expected to generate revenue of $46.21 billion by 2022, with a compound annual growth rate (CAGR) of 10.8% from 2016-2022, primarily due to increased usage in the automotive sector, a new report forecasts. Lithium-ion batteries are rechargeable and are used as a power source primarily in portable devices, according … Read more
Spanish wind power giant, Gamesa, said Tuesday it has secured contracts to build two wind farms in Egypt’s Gabbal El Zayt region, along the Red Sea coastline, featuring a combined capacity of 160 megawatts (MW), Kallanish Energy learns. The two… You must be logged in to read the full news article. Already have a log … Read more
Four years ago tomorrow, Royal Dutch Shell announced IF it constructed Appalachia’s first ethane cracker in decades, the site was roughly 30 miles northwest of Pittsburgh, Pennsylvania. In the 48 months since, the world’s oil industry has turned upside down – particularly since June 2014, as $100-plus per barrel oil vaporized, replaced by “Black Gold” … Read more
A group of Nuclear Regulatory Commission engineers is urging its regulatory employer to order nuclear power station operators to fix a design flaw in nearly all U.S. nuclear plants the engineers believe could endanger emergency core cooling systems. Further, the group wants the problem fixed or the units shut down, Kallanish Energy learns. Seven engineers … Read more
The head of OPEC said this week his organization doesn’t know how to coexist with the U.S. shale oil industry. “Shale oil in the U.S. — I don’t know how we are going to live together,” Abdalla Salem El-Badri, OPEC secretary-general, told an audience of oil and gas industry executives at the annual … Read more
HOUSTON, Texas — The midstream leg of the oil and gas industry generally plays a continual game of catch-up with its upstream brethren. And while producers continually whittle away the time needed to bring a well to sales, midstreamers can’t take much time out of the pipe-laying process, since much of the process is out … Read more
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