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Energy Business Review - News

Last Build Date: Wed, 21 Feb 2018 14:22:46 Z


Engie acquires Infinity Renewables to add 8GW wind power capacity

Wed, 21 Feb 2018 08:35:00 Z

French energy company Engie through its North American subsidiary has acquired Infinity Renewables, a California-based wind project developer for an undisclosed price.

American Midstream to sell US refined products terminals for $138m

Wed, 21 Feb 2018 00:00:00 Z

American Midstream Partners has agreed to sell its refined products terminalling business to DKGP Energy Terminals, a joint venture between Delek Logistics Partners and Green Plains Partners, for about $138.5m.

Anadarko and partners to supply LNG from Mozambique project to EDF

Wed, 21 Feb 2018 00:00:00 Z

Anadarko Petroleum revealed that Mozambique LNG1, the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a long-term LNG sale and purchase agreement (SPA) with Électricité de France (EDF).

AngloGold Ashanti to redevelop Obuasi gold mine in Ghana

Wed, 21 Feb 2018 00:00:00 Z

AngloGold Ashanti has revealed its intentions to redevelop the Obuasi gold mine in Ghana with an investment of around $500m.

ARENA backs study to convert Iron Duchess mine into 90MW pumped hydro plant

Wed, 21 Feb 2018 00:00:00 Z

GFG Alliance has secured funding from the Australian Renewable Energy Agency (ARENA) for a feasibility study to assess the potential to convert a mothballed mine into a 90MW pumped hydro energy storage (PHES) plant.

CGG, PCJ report oil discovery in onshore Jamaica

Wed, 21 Feb 2018 00:00:00 Z

CGG GeoConsulting and the Petroleum Corporation of Jamaica (PCJ) have reported the discovery of two independent live onshore oil seeps from different parts of the Jamaican island.

Enel plans to build 22MW battery storage plant in Germany

Wed, 21 Feb 2018 00:00:00 Z

Enel Green Power (EGP), through its renewables subsidiary Enel Green Power Germany (EGP Germany), has announced plans to build a 22MW battery storage project at Cremzow in the state of Brandenburg, Germany.

EU can double renewable energy share by 2030, IRENA says

Wed, 21 Feb 2018 00:00:00 Z

The European Union (EU) can increase the share of renewable energy in its energy mix to 34% by 2030 which is double the share in 2016, – with a net positive economic impact, according to a report by the International Renewable Energy Agency (IRENA).

FS Bioenergia plans to build $308m corn-only ethanol plant in Brazil

Wed, 21 Feb 2018 00:00:00 Z

FS Bioenergia is planning to build a corn-based ethanol plant in Mato Grosso, Brazil, with an investment of R$1bn ($308m).

Murray Energy acquires majority stake in Western Kentucky Coal Resources

Wed, 21 Feb 2018 00:00:00 Z

Murray Energy’s subsidiary Murray Kentucky Energy has acquired a 51% stake in Western Kentucky Coal Resources, which holds certain assets formerly owned by Armstrong Energy.

Oil Search, Total and ExxonMobil to expand PNG LNG project

Wed, 21 Feb 2018 00:00:00 Z

Oil Search has announced that its partners ExxonMobil and Total have broadly agreed to expand the Papua New Guinea (PNG) LNG project to boost gas exports from the country.

Rocky Mountain Power to build 1.3GW new wind projects in Wyoming

Wed, 21 Feb 2018 00:00:00 Z

Rocky Mountain Power, a business unit of US electric utility PacifiCorp, has selected four new wind projects in Wyoming with a combined capacity of over 1.3GW as part of its wind power expansion plans.

Trinidad Drilling begins strategic review process

Wed, 21 Feb 2018 00:00:00 Z

Trinidad Drilling, a provider of contract drilling and related services, has revealed that its board of directors has started a formal process to initiate a strategic review in a move to boost shareholder value.

Wood bags engineering services contract for Inpex's Ichthys offshore facilities

Wed, 21 Feb 2018 00:00:00 Z

Wood has won a brownfield engineering services contract for the Inpex-operated Ichthys offshore facilities in Western Australia and onshore liquefied natural gas (LNG) processing facilities in Darwin, Northern Territory.

Aker BP makes oil discovery in PL340 near Alvheim, offshore Norway

Tue, 20 Feb 2018 00:00:00 Z

Aker BP said that it is set to complete drilling of the Frosk exploration well 24/9-12, located near Alvheim in the central part of North Sea with the well proving the presence of oil.

Aker Energy to buy Hess stake in offshore Ghanaian block

Tue, 20 Feb 2018 00:00:00 Z

Aker Energy has agreed to buy the Ghana business of US energy company Hess for $100m to take part in the Deepwater Tano Cape Three Points block (DWT/CTP) located in the Tano Basin.

BHEL commissions 18MW Mukerian hydro project in Punjab, India

Tue, 20 Feb 2018 00:00:00 Z

Bharat Heavy Electricals (BHEL) has completed the 18MW Mukerian Hydro-Electric Project (HEP) Stage-II in the Indian state of Punjab following the commissioning of the second 9MW hydro generating unit.

China Energy wins EPC contract for 400MW Sagamu power plant in Nigeria

Tue, 20 Feb 2018 00:00:00 Z

Sagamu Independent Power Plant (SIPP) has given an engineering, procurement and construction (EPC) contract to China Energy Engineering (Energy China) to build a 400MW combined cycle power plant in Nigeria.

E.ON breaks ground on 57MW Morcone wind farm in Italy

Tue, 20 Feb 2018 00:00:00 Z

German energy company E.ON has started construction of a new 57MW onshore wind farm in Italy, named as the Morcone project in the Benevento province in the wider area of Naples.

EnGold begins geophysical surveys at Lac La Hache property in Canada

Tue, 20 Feb 2018 00:00:00 Z

EnGold Mines has commenced Induced Polarization (IP) and Electromagnetic (EM) geophysical surveying at the 2017 discovery area, now called the G1 Copper Zone, at its 100% owned Lac La Hache Property in the Cariboo region of British Columbia, Canada.