oil and gas pipeline News
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Need for Efficient Energy Infrastructure Drives North American Oil and Gas Pipeline Expansion, Finds Frost & Sullivan
Pipelines are fast becoming the preferred mode for oil and natural gas transportation, as pipeline companies overcome the initial resistance from environmental groups. This improved business environment, along with manufacturers' ability to enhance monitoring systems and alleviate safety concerns, opens up bigger opportunities for onshore oil and gas pipelines in North America. New analysis ...
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Frost & Sullivan: Escalating Electrification Needs in Peru and Uruguay Boost the High Voltage Transformer Market
The steady increase in population in both Peru and Uruguay, along with the rising urbanization rates (above 95 percent) and rural electrification programs have intensified the demand for electricity in both countries. While Peru's annual growth in electricity demand is 7.57 percent, Uruguay's is 4.35 percent. To meet the higher demand, utilities in both countries are expanding and adding ...
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The US shale revolution has reshaped the energy landscape at home and abroad, according to latest IEA policy review
The International Energy Agency released its latest in-depth review of US energy policies on Friday, welcoming US leadership on innovation and highlighting the far-reaching impact of the country’s shale revolution. The shale boom has transformed the United States into the world’s top oil and gas producer and a leading exporter for the fuels. As a result, the US approach to energy ...
By IEA
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Frost & Sullivan: High Costs, Uncertain Returns Curb Utilities´ Investments in Australian Smart Grid Market
While several Australian electricity distribution utilities have progressed toward smart grid implementation, they are reluctant to substantially invest any further in smart grids due to the lack of specific payback periods. These reduced investments, along with unsatisfactory performances of smart grid technologies when tested in real application environments, will restrict the smart grid ...
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Renewable energy efforts stymied by transmission roadblocks
Mike McKeown opens the back door of his Missouri farm house and is met with a chilly gust. "Stupid wind," he mutters. Today, the winds that blow through his corn and soybean farm have become more than just an irritant. The homestead in northern Missouri, which his family has owned for nearly 70 years, sits smack in the path of a proposed high-voltage line that would carry renewable energy from ...
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PGI Energy Signs Allocation Oil Agreement With Intertorco Europe S.A./Saudi Aramco
PGI Energy, Inc. (PINKSHEETS: PGIE) PGI Energy has entered into an allocation agreement with its limited joint venture partner Intertorco Europe S.A. as the exclusive trading desk for six million (6,000,000) Bbl per month for twelve (12) months with option for 60 months extensions to sale Saudi Light Crude Oil from Saudi Aramco. PGI will begin trading this crude immediately at favorable pricing ...
By Saudi Aramco
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Canadian Solar Inc. and TransCanada Corporation Announce Sales Agreement for 86MW Solar PV Project Portfolio in Ontario, Canada
Canadian Solar Inc. (the "Company", "we" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar companies, today announced that its wholly owned subsidiary, Canadian Solar Solutions Inc. (CSSI), has entered into a sales agreement with TransCanada Corporation (TSX, NYSE: TRP) (TransCanada), whereby TransCanada will acquire from Canadian Solar a 86 megawatts (MW) AC solar project ...
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GE Completes Acquisition of John Wood Group PLC’s Well Support Division, Increasing Position in Enhanced Oil Recovery and Shale Gas Production
GE (NYSE: GE) is pleased to announce it has completed the strategic acquisition of John Wood Group PLC’s Well Support Division, expanding GE Oil & Gas’ extensive drilling and surface manufacturing and services portfolio. The John Wood Group PLC Well Support division, which has over 3,800 employees globally and operates approximately 20 manufacturing ...
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GE Oil & Gas Awarded 4-Year, $120M Subsea Service Contract to Maintain Petrobras’ Campos Basin, Offshore Brazil Fleet at Peak Performance Levels
Petróleo Brasileiro S.A. (Petrobras), a world leader in deep-water and ultra-deep water oil production, has awarded GE Oil & Gas a four-year service agreement to deliver repairs, maintenance and retrofits on Petrobras’ fleet of subsea equipment installed in the Campos Basin offshore Brazil. The scope of the agreement, valued at approximately ...
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GE oil & gas signs $30 million frame agreement with shell Brasil for offshore exploration and development projects
GE Oil & Gas has signed a three-year frame agreement valued at approximately $30 million to supply 26 subsea wellhead systems and associated services to Shell Brasil Ltda. for exploration and production projects offshore Brazil. The agreement means GE Oil & Gas will supply all Shell Brasil’s requirements for subsea drilling systems for all offshore exploratory and development wells ...
By GE Power
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GE solution empowers Transcanada and its customers to benefit from more power, competitive pricing
Expanded Performance at Two TransCanada Power Plants Delivers Needed Additional Power to Customers with Lower Fuel Consumption, Emissions GE’s FlexEfficiency* Advantage Advanced Gas Path Upgrades in New York and Alberta Help Drive Cost Competitiveness, Reliability of Power Delivery Solution Helps New York City Continue Fortifying Power Grid Following Impact of Hurricane Sandy GE ...
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GE and Clean Energy Fuels Partner to Expand ‘America’s Natural Gas Highway®’
GE (NYSE: GE) and Clean Energy Fuels (Nasdaq: CLNE) today announced a collaboration to expand the infrastructure for natural gas transportation in the United States. The agreement supports Clean Energy’s efforts in developing “America’s Natural Gas Highway®,” a fueling network that will enable trucks to operate on Liquefied Natural Gas (LNG) coast to coast and border ...
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