Wärtsilä Signs Contract for Another 105 MW Power Plant in Bangladesh
The technology group Wärtsilä is this week celebrating 20 years of supporting the development of Bangladesh by providing important added capacity to the country’s electricity grid. The latest contract signed this week is an equipment delivery for a 105 MW power plant being built by Baraka Shikalbaha Power Ltd, a private sector energy provider and subsidiary of Baraka Group, to be located near the Karnaphuli river in Shikalbaha, Chittagong, in southeastern Bangladesh. The order was booked by Wärt...
Energy Industry on the Cusp of Large-Scale Digital Transformation, says GlobalData
The global energy industry is facing major challenges from the ongoing environmental issues, changing regulations, low oil prices, and high capital and operating costs. They are forcing energy firms, which are traditionally considered conservative, to undergo a great deal of innovation and adopt disruptive technologies, according to leading data and analytics company, GlobalData. The company’s report ‘Technology Trends in Energy’ casts a lens over the technology trends affecting the energy in...
IRENA Welcomes Establishment of International Solar Alliance as a Platform to Advance Solar Energy
New Delhi, India – Today, on the occasion of the Founding Conference of the International Solar Alliance (ISA), the Director General of the International Renewable Energy Agency (IRENA), Mr. Adnan Z. Amin, and the Interim Director General of ISA, Mr. Upendra Tripathy signed a Joint Declaration to deepen the cooperation between the two organisations to accelerate solar energy deployment. “Driven by remarkable cost declines, innovative policies and new business models, solar energy has emerged...
Petroteq's PetroBLOQ Blockchain Subsidiary Opens Development Facility In Southern California
Studio City, California - (March 9, 2018) - Petroteq Energy Inc. ("Petroteq" or the "Company") (TSXV: PQE) (OTCQX: PQEFF) (FSE: PQCF), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced the opening of its Petrobloq Blockchain Labs. The Company has leased and staffed a purpose built space solely for the development of the Petrobloq technologies. The labs will be staffed by several blockchain and smart contract developers...
March 2018 Short-Term Energy Outlook
Dr. Linda Capuano, Administrator of the U.S. Energy Information Administration, issued the following comments on EIA’s March 2018 Short-Term Energy Outlook, which was released on Tuesday: The full STEO can be downloaded at: http://www.eia.gov/forecasts/steo/ STEO contact: Angelina LaRose, 202-586-6135 ([email protected]) Media contact: Jonathan Cogan, 202-586-8719 ([email protected]) Oil Markets: “In February, the average Brent crude oil price dropped by $4 to $65 per barr...
Wärtsilä Signs EPC Contract in Australia with AGL Energy Limited for Smart Power Generation Plant
The technology group Wärtsilä and AGL Energy Limited, one of Australia’s leading integrated energy companies, have signed the contract for a new 211 MW power plant. The deal for the new facility, known as the Barker Inlet Power Station located on Torrens Island near Adelaide, was earlier announced by Wärtsilä on February 5. The order was booked in March. The Notice to Proceed (NTP) has been issued and project execution work has begun. Wärtsilä is delivering the plant on an Engineering, Procur...
Petroteq Energy Announces Completion of All Major Process Systems at Its Utah Heavy Oil Extraction Facility
STUDIO CITY, CA, March 05, 2018 - Petroteq Energy Inc. (“Petroteq” or the “Company”) (TSXV: PQE; OTCQX: PQEFF; Frankfurt: A2DYWC), a company focused on the development and implementation of proprietary technologies for the energy industry, today announced that it has successfully completed testing of all major process systems at its heavy oil extraction facility in Asphalt Ridge, Utah. Further, the Company has initiated test runs of the utility system—among the final steps prior to launching com...
Center for Rural Affairs Releases Wind Energy Ordinance Guide for Local Officials
Lyons, Neb. - When county or city elected officials are approached about a wind energy farm, what are the first steps in creating an ordinance? What kinds of things need to be considered? “Wind Energy Ordinances,” an information guide by the Center for Rural Affairs, may help. Released today, the guide contains recommendations for new zoning regulations or ordinances, common application requirements, and key definitions for wind energy. The information was gathered by reviewing county ordi...
Maryland DOT Sets Wide-Ranging Plan to Tap Solar Power for Facilities, Cut Utility Bills
In an agreement that could stir interest across the nation, the Maryland Department of Transportation announced plans for a public-private partnership to "run a number of its facilities throughout the state with solar power, at no additional cost to taxpayers." MDOT said the state Board of Public Works, chaired by Gov. Larry Hogan, recently approved the plan. MDOT Secretary Pete Rahn said that no capital funds will be expended to pay for the program, which could have solar panels installed...
Fluor Starts Front-End Engineering and Design Work for the First Floating Storage Regasification Unit Project in Thailand
Fluor has started the front-end engineering and design work for Electricity Generating Authority of Thailand’s (EGAT) planned floating storage regasification unit (FSRU) and associated facilities in the upper Gulf of Thailand. “In addition to our extensive FSRU and liquefied natural gas project experience, Fluor has a proud history of executing some of Thailand’s most prominent oil and gas projects,” said Ken Choudhary, president of Fluor’s Energy & Chemicals business for the Asia-Pacific reg...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
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