BP and Alaska Gasline Development Corporation Sign Binding Gas Sales Precedent Agreement
(ANCHORAGE) — The Alaska LNG Project reached a historic milestone today as BP Alaska and Alaska Gasline Development Corporation (AGDC) announced the parties have agreed to key terms of a Gas Sales Agreement, including price and volume. The terms are captured in a Gas Sales Precedent Agreement signed May 4, 2018. The parties anticipate finalizing a long-term gas sales agreement in 2018 for AGDC to purchase BP Alaska’s share of 30 trillion cubic feet (TCF) of gas from the Prudhoe Bay and P...
EIA Releases May’s U.S. Short-Term Energy Forecast
The U.S. Energy Information Administration released its Short-Term Energy Outlook (STEO) on Tuesday, May 8, 2018 The full STEO can be downloaded at: http://www.eia.gov/forecasts/steo/ EIA’s STEO forecast on summer gasoline prices and demand/supply is at: https://www.eia.gov/outlooks/steo/pdf/sf01.pdf EIA’s STEO forecast on summer household electricity expenses is at: https://www.eia.gov/outlooks/steo/pdf/sf02.pdf Forecast Highlights Global Liquid Fuels Brent crude oil sp...
Energy Storage Company Launches Bid to Raise $50 Million
1414 Degrees Head of Corporate Service Penelope Bettison, Executive Chairman Dr Kevin Moriarty and Chief Technology Officer Matthew Johnson at the commpany's Lonsdale plant. South Australian energy storage company 1414 degrees has launched a bid to go public and raise up to A$50 million to fast track its operations. The company has spent a decade and $15 million developing its silicon storage technology and today announced it had lodged a prospectus for an Initial Public Offering (IPO) wit...
Moxie Solar Illinois Opens Headquarters in Dixon, Illinois
DIXON, IL- Moxie Solar Illinois LLC, in partnership with the City of Dixon, Lee County, Small Business Development Center of Dixon, Lee County Industrial Development Association, and Dixon Chamber of Commerce and Main Street, is proud to announce the opening of its headquarters and regional distribution center located in the former Walter C. Knack building in Dixon, IL. Dixon is the county seat of Lee County, and the boyhood home of former US President Ronald Reagan. Approximately 100 miles...
Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise
LISBON, May 2, 2018 —The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and industrial energy efficiency, according to a new report from five international agencies. Renewable energy is making impressive gains in the electricity sector, although these are not being matched in transportation and heat...
Nevada Solar Applications Through the Roof Following Passage of Net Metering Bill (AB 405)
LAS VEGAS – The rooftop solar industry is shining once again in Nevada. NV Energy’s most recent annual plan noted a strong increase in applications for its SolarGenerations rooftop solar program following key state policy changes in 2017 that put the market back on track. SolarGenerations applications went from 287 in 2016 to 3,308 in 2017, with most applications coming in the second half of the year, after AB 405 was signed into law. This represents an 11-fold year-over-year increase an...
Amerlux, FSG Unlock $831B for Retrofits
OAKLAND, N.J. – Amerlux, an award-winning design-and-manufacture lighting company, announced today its collaboration with Facility Solutions Group (FSG) to launch a free energy audit program that will help municipalities and companies take advantage of $831 billion in federal reimbursements to fund LED retrofits before the monies expire. As part of the program, FSG will provide its world-class energy management services so cities, colleges and companies understand how much they could sa...
Engineers Get a Grip on Slippery Surfactants
HOUSTON – A Rice University group's innovative surfactant theory removes limitations of a 100-year-old model for interfacial behavior in enhanced oil recovery. The lab of Rice chemical engineer Walter Chapman customized a well-worn model to analyze surfactant-containing fluids that are pumped into wells to coax as much oil possible out of rocks deep underground. To accomplish the modeling task required a shift in thinking for the lab that uses sophisticated mathematical models to analyze...
Global Solar PV Inverters Market Will Decline from $6.3bn in 2017 to $3.7bn by 2022, Says GlobalData
The global solar photovoltaic (PV) inverters market will decline from $6.3bn in 2017 to $3.7bn in 2022, with Asia-Pacific (APAC) relinquishing its leading regional share to the Americas over the forecast period, according to GlobalData, a leading data and analytics company. The company’s report: ‘Solar PV Inverters - Update 2018’ states that solar PV inverters will hold an aggregate global market value of $22.2bn between 2018 and 2022, with an average annual value of $4.4bn during the same pe...
Wärtsilä 130 MW Flexicycle Power Plant Will Help Senegal Lower Energy Costs and Integrate More Renewable Energy
The technology group Wärtsilä continues its strong presence in Senegal with the signing of a contract to engineer, manufacture and deliver a 130 MW Flexicycle plant to be an integral part of Senegal’s energy future. The Malicounda power project in Mbour is located 85 km from the country’s capital Dakar. The order, booked in March, was placed by Matelec, contractor of the Independent Power Producer MPG (Melec Power Gen) and part of the Matelec Group, based in Lebanon. The project is part of...
Video: New Roundabout Under Construction at McIver and Old Florence Roads in Darlington County
Promenade at The Point
June Issue 2026
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