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Energy Briefs


Worldflow Energy Brief

November 21, 2014

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Oil Update – www.WorldFlowOil.com


 

SunEdison AND TerraForm Power Sign Definitive Agreement to Acquire First Wind for $2.4 Billion

SunEdison, Inc., November 17, 2014--(NYSE: SUNE), a leading global solar developer, and TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of renewable energy power plants, today announced that they have signed a definitive agreement to acquire First Wind, one of the leading developers, owners and operators of wind projects in the U.S.  More...

Exxon Mobil Corporation Announces Estimated Third Quarter 2014 Results

Irving, Texas, October 31, 2014--EXXONMOBIL CHAIRMAN REX W. TILLERSON COMMENTED: “Earnings in the period rose 3 percent from the third quarter of 2013, driven by higher margins and improved operations in the Downstream and Chemical businesses, partially offset by the impact of lower Upstream realizations."  More...

ExxonMobil Announces New Projects to Expand Specialty Hydrocarbon Fluid Production

Sept. 24, 2014--HOUSTON--(BUSINESS WIRE)-- ExxonMobil Chemical is increasing production of its high performance hydrocarbon fluids by about 10 percent through expansion projects at its Singapore and Antwerp facilities. The additional capacity, designed to meet rapidly expanding global demand for hydrocarbon fluids and extend the company's worldwide supply capability, will begin producing by mid-2015 and be complete in 2016. More...

Shell announces second major 2014 start up in deep-water Gulf of Mexico with Cardamom development first oil

08 Sep 2014--Production is now underway from the Cardamom development, the second major deep-water facility Shell has brought online in the U.S. Gulf of Mexico this year, following the start-up of Mars B in February. Oil from the Cardamom subsea development (100% Shell) is piped through Shell's Auger platform. When at full production of 50,000 barrels of oil equivalent a day (boe/d), Auger's total production capacity will increase to 130,000 boe/d. More...

BP: Statement on Gulf of Mexico

Sept. 4, 2014--BP strongly disagrees with the decision issued today by the United States District Court for the Eastern District of Louisiana and will immediately appeal to the United States Court of Appeals for the Fifth Circuit. More...

OPEC’s Annual Statistical Bulletin to be launched 18 July 2014

The OPEC Secretariat is pleased to announce the release of the 49th online edition of the Annual Statistical Bulletin (ASB). The ASB provides detailed and comprehensive time-series data on many different aspects of the global petroleum 
industry, including imports and exports, as well as exploration, production and transportation activities. More...

BP Agrees to Sale of Interests in Four Alaska North Slope Assets

22 April 2014--BP today announced that it has agreed to sell interests in four BP-operated oilfields on the North Slope of Alaska to Hilcorp. The sale agreement includes all of BP’s interests in the Endicott and Northstar oilfields and a 50 percent interest in each of the Liberty and the Milne Point fields. The sale also includes BP’s interests in the oil and gas pipelines associated with these fields. More...

Oil News from Global Processing…

11/5/14

11/3/14

10/28/14 

 

 


Gas Update – www.WorldFlowGas.com


 

New chemical plants expected to boost industrial natural gas demand by 4% in 2015

Oct. 1, 2014--Industrial natural gas consumption has grown steadily since 2009, as relatively low prices have been attractive to customers who use natural gas as a feedstock for chemical production. Methanol plants and ammonia- or urea-based fertilizer plants are among the most natural gas-intensive industrial end users, with many using 100 million cubic feet per day (MMcf/d) or more. Low gas prices and proximity to shale resources have led to proposals for several new industrial facilities. More...

Shell announces Utica gas discovery in Pennsylvania

03 Sep 2014--Shell today announced new discovery wells (Neal and Gee) within the Utica formation in Tioga County, Pennsylvania, USA. These wells were drilled to a total measured depth of approximately 4,420 and 4,724 metres (14,500 and 15,500 feet) with lateral lengths of 945 metres (3,100 feet) at Gee and 1,280 metres (4,200 feet) at Neal, respectively. These results are comparable to the best publically announced thus far in the emerging Southeast Ohio Utica dry gas play. More...

Shell announces LNG sales deal with Japan’s Chubu Electric

29 May 2014 -- Shell will begin supplying liquefied natural gas (LNG) to one of Japan’s leading electric companies from October 2014, in a deal that reinforces Shell’s position as a key LNG supplier in the country.More...

Gas News from Global Processing…

11/5/14

11/3/14

10/28/14 

10/27/14 

10/22/14 

 

 


Energy Update – www.WorldFlowEnergy.com


 

Kandi's New Pure Electric Vehicle Model "Cyclone" Expected to Launch at Year End

JINHUA, China, Oct. 6, 2014 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. today announced that its new pure electric vehicle model KD17 "Cyclone", jointly developed by Kandi and Geely Automobile Holdings Ltd. ("Geely"), passed the evaluation done by the executive team of Kandi Electric Vehicles Group Co., Ltd, the joint venture formed by Kandi and Geely's 99%-owned subsidiary, on September 30, 2014. More...

Solar Energy International (SEI) Launches Totally NEW and FREE Massive Open Online Course (MOOC)

October 01, 2014--Paonia, Colorado Solar Energy International (SEI) has launched a totally updated Massive Open Online Course (MOOC)! RE100: Introduction to Renewable Energy is an online course for those who wish to learn the basics of renewable energy - including where it is found, how we can harvest it for use in our homes, and how it can help ease pressures on the environment. More...

European nations are increasing electricity generation using no-carbon sources

Sept. 22, 2014--Penetration rates of no-carbon generation have increased from 50% to 56% in recent years in Europe, as European Union countries work toward renewable energy and greenhouse gas emissions targets. Increasing levels of renewable generation, along with nuclear generation, mean that many European countries generate a large share of their electricity from no-carbon sources. More...

GE Hitachi’s ESBWR Receives NRC Design Certification Approval

WILMINGTON, NC – Sept. 16, 2014 – GE Hitachi Nuclear Energy (GEH) today announced that its Economic Simplified Boiling Water Reactor (ESBWR) design certification has been approved by the U.S. Nuclear Regulatory Commission (NRC). More...

PG&E Takes Action to Address Ex Parte Communication Issues Identified in Self-Report to CPUC Today, Pledes 'No Excuses' Compliance

September 15, 2014--San Francisco, Calif.— Pacific Gas and Electric Company (PG&E) today notified the California Public Utilities Commission (CPUC) that an extensive internal review of nearly five years of emails between the company and officials at the Commission has identified a number of instances in which PG&E believes it violated the CPUC's rules governing communications with the state regulator in the pending Gas Transmission & Storage rate case. More...

Energy News from Global Processing…

8/29/14

6/27/14

6/4/14

 

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