Energy Briefs
Worldflow Energy Brief
November
21, 2014
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Oil Update – www.WorldFlowOil.com
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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…
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11/5/14
11/3/14
10/28/14
New chemical plants expected to boost
industrial natural gas demand by 4% in 2015 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 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
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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