ADFD, IRENA Open New Round of Funding for Renewable Energy Projects in Developing Countries, Invite Applications
Abu Dhabi, UAE – The International Renewable Energy Agency (IRENA), in partnership with the Abu Dhabi Fund for Development (ADFD), is inviting applications for renewable energy projects in developing countries. Within the framework of the ADFD-funded US$350 million (AED1.285 billion) IRENA/ADFD Project Facility, the current funding round of US$50 million in concessional loans marks the sixth of seven annual cycles. “In just the last few years, renewable energy has emerged as one of the most e...
Fuel Economy is Going Up. Vehicle Prices are Holding Steady
In responding to an Environmental Protection Agency (EPA) action on vehicle standards, ACEEE found that average vehicle prices have remained essentially flat over the past 15 years, even as average fuel economy improves. The finding rebuts multiple claims from the auto industry that boosting vehicle fuel economy makes cars and trucks unaffordable for American consumers. Our analysis is once again relevant as federal agencies, acting on the Trump administration's decision to review fuel economy s...
Distributed Energy Resources (DER): Consumers Are Just Starting to Buy In, But Interest Is High
PHOENIX, AZ – In a recent survey aimed at energy industry professionals and consumers conducted by the Association of Energy Services Professionals (AESP) and Essense Partners, a little less than a third of all consumers reported owning one of several forms of distributed energy resources: an electric car or plug-in hybrid electric car, a rooftop solar system, a backup generator, and/or a heat pump water heater. However, even if they hadn’t yet purchased one of these devices, interest levels...
Fluor Completes High Priority Power Line in Puerto Rico
IRVING, Texas (November 16, 2017) – Fluor Corporation (NYSE: FLR) confirmed today that the company, working under its contract with the U.S. Army Corps of Engineers (USACE), has completed a high priority 38kv power line near San Juan. This will allow the Puerto Rico Electric Power Authority (PREPA) to re-energize lines that serve an area in Carolina that includes residential neighborhoods, a hospital and a branch campus of the University of Puerto Rico. Work awarded to Fluor under the co...
SET Award 2018: Who are the Top Innovators in the Energy Transition?
Bonn/Berlin/London: SET, an initiative by the Deutsche Energie-Agentur – the German Energy Agency (dena) – in cooperation with strategic partner, the World Energy Council, has launched the second round of the international award ‘Start Up Energy Transition’ (SET) during the annual UN Climate Change Conference (COP 23) in Bonn, Germany. Young companies and innovation projects around the world are invited to apply. The goal is to identify the most promising start-ups working on the energy transiti...
BP Wins Advancements in Asset Performance Category for Khazzan Gas Production Project
Exton, PA – BP Oman has won the prestigious BIM Advancements in Asset Performance of Utilities and Industrial Facilities category in Bentley’s Be Inspired Awards program. The announcement was made during Bentley’s annual Year in Infrastructure Conference, held in Singapore last month. The Khazzan Project in Oman is one of BP’s seven major projects in 2017, and started its production in September 2017. BP Oman was selected as a finalist from more than 400 nominations of projects around th...
Atkins and SNC-Lavalin to Showcase Oil and Gas Capabilities and Digital Innovation at ADIPEC Abu Dhabi 2017
Digital innovation and pushing the boundaries of design in the oil and gas industry in the Middle East and Africa region will be set out as Atkins co-exhibits with SNC-Lavalin at Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi from 13 to 16 November. Our combined oil and gas teams will present a range of topics, including consultancy services, structural detailed design of onshore and offshore facilities, asset management, and operational support, and a serie...
Alaska Gasline Development Corporation Signs MOU with PetroVietnam Gas
Hanoi, Vietnam – Alaska Gasline Development Corporation (AGDC) and PetroVietnam Gas (PVGAS) today signed a memorandum of understanding setting forth the basic principles to collaborate on potential opportunities of LNG supply from AGDC to serve LNG import projects in Vietnam and to evaluate the possibility of upstream resource investment in Alaska. The agreement was signed in Hanoi, Vietnam by executives of AGDC and PVGAS in the presence of U.S. President Donald Trump and Vietnam President Tr...
Renewable Energy Can Be Strengthened in Next Round of Climate Negotiations
Bonn, Germany — Countries have an opportunity to significantly increase renewable energy ambition within Nationally Determined Contributions (NDCs), and to accelerate its deployment in line with climate objectives under the Paris Agreement, per a new report by the International Renewable Energy Agency (IRENA). Released today at the UN Climate Change Conference in Bonn, Germany, the report found that current NDCs and energy strategies can be substantially enhanced to meet global climate objec...
Alaska and China Sign Historic Joint Development Agreement Developing America’s Largest Energy Export Project
Beijing, China – Alaska Gasline Development Corporation (AGDC), the State of Alaska, China Petrochemical Corporation (Sinopec), CIC Capital Corporation (CIC Capital), and Bank of China (BOC), today announced a joint development agreement to advance Alaska LNG, Alaska’s strategic gas infrastructure project. The agreement was signed in the presence of United States President Donald Trump and China President Xi Jinping, and expresses the common interests in the preparatory work of Alaska LNG....