The Nigerian militant group calling itself the Niger Delta Avengers (NDA) claimed Thursday to have blown up a pipeline belonging to the Nigerian National Petroleum Corp. (NNPC), the first attack since its proposal for a dialogue with the government, Kallanish Energy learns. “At 4:00am @NDAvengers blow up NNPC Pipeline in Oruk Anam Local Government Area … Read more
Iran, which easily beat expectations for how fast it boosted crude oil exports after sanctions were lifted, now needs a massive cash injection and the easing of remaining trade barriers, or the recovery could be kaput. Most industry watchers said when the shackles on Iran’s oil exports were unbuckled in January following a nuclear pact … Read more
Chile’s state-oil company, ENAP, signed an agreement with U.S. independent oil and gas firm ConocoPhillips to explore and potentially produce shale gas in the Magallanes region of southern Chile, Kallanish Energy learns. The Coirón bloc project will be rolled out in phases depending on the success of each stage, with ConocoPhillips possibly … Read more
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
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
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
It’s a concept rarely, if ever discussed in the Marcellus and Utica Shales region, but was heard uttered by no fewer than two speakers at last week’s Seventh Annual Marcellus-Utica Midstream Conference & Exhibition (MUM). The Pittsburgh program is presented by Hart Energy; Kallanish Energy was in attendance. “What if the Marcellus/Utica … Read more
© 2018 Kallanish. All rights reserved.
