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....
AESP/essense partners survey: More Than Half of Energy Program Management Groups at Utilities Have Unfilled Positions
PHOENIX, AZ – In a recent survey aimed at energy industry professionals and conducted by the Association of Energy Services Professionals (AESP) and Essense Partners, more than half of the respondents reported having open positions – some of which have been open for six months or longer. The number of utility program jobs is increasing steadily across utility companies. On average, energy efficiency program departments have grown 20% in the past five years, according to the survey. The ha...
New Wave of Renewable Energy Projects Totalling 1GW Announced in South Australia
A raft of battery storage and renewable energy projects announced overnight has further cemented South Australia’s position as a global leader in the field. Meeting in the state capital of Adelaide yesterday, the Board of ZEN Energy approved a strategic plan to establish 1GW of additional dispatchable renewable generation assets. The assests will support long-term electricity supply contracts with South Australia’s large industrial users to provide access to lower cost, reliable and low emiss...
UMass Amherst Study Finds More Support for Offshore Wind in New England than Public Perceives
AMHERST, Mass. – A new investigation of public estimates of support for offshore wind energy by researchers at the University of Massachusetts Amherst suggests, among other things, that participants who say they support wind power off the coast of New England significantly overestimated the level of opposition to this new technology among their fellow New Englanders. First author and graduate student Rebecca Sokoloski and her advisor, assistant professor in environmental conservation Ezra...
Global Oil & Gas Market Shrinks by 13.6% in 2016 as Low Crude Oil Prices Push Down Revenues, says MarketLine
MarketLine’s latest market report: ‘Global Oil & Gas’ reveals a declining market trend in 2016 as the price of crude oil pushed down profits of the major players. Overall the global oil & gas market saw its value fall from $1,395.7 billion in 2015 to $1,205.6 billion in 2016. Commenting on the value decline in the oil & gas market, MarketLine analyst Mohammad Hamza Iqbal said, “There is a clear correlation between the decline in the price of crude oil and the decline in the value of the oi...