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Image - Siemens Wins Contract to Help NPS Achieve Energy Savings

Siemens Wins Contract to Help NPS Achieve Energy Savings

The National Park Service (NPS) has awarded Siemens a $29 million contract to implement energy and water conservation measures at 13 of our nation’s most important sites in the Washington, DC metropolitan area. National Mall and Memorial Parks, Antietam and Manassas National Battlefields, Rock Creek Park and Wolf Trap National Park for the Performing Arts are among the regional landmarks to be upgraded by Siemens to help the NPS achieve significant energy and water reductions and their associ...

Smart Grids Oct 23, 2014


Image - Decision by the Eu Council to Add Renewable Traffic Fuels

Decision by the Eu Council to Add Renewable Traffic Fuels

Neste Oil: Decision by the European Council to add renewable traffic fuels to the Community's energy and climate package will be critical in reducing transport emissions The energy and climate package for 2030 presented by the European Commission in January was discussed at the European Council meeting held yesterday, with participants requesting the Commission to identify ways of reducing transport emissions through measures like renewable fuels after 2020. This clarifies the direction in wh...

Bio Oct 23, 2014


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Image - Statoil Takes on Offshore Operatorship in Australia

Statoil Takes on Offshore Operatorship in Australia

Statoil continues to expand in Australia, with the award of 100% equity share in a large exploration permit located in the prolific Northern Carnarvon Basin on the Northwest shelf of Australia. This is Statoil’s third asset in Australia, adding to the onshore operatorship in the Northern Territory’s South Georgina basin and four BP-operated offshore permits in the Great Australian Bight. The permit WA-506-P covers an area of more than 13,000 square kilometres, situated 300 kilometres off...

Exploration Oct 24, 2014


Image - EPAs Power Plant Rule to Cost At Least $366 Bn

EPA's Power Plant Rule to Cost At Least $366 Bn

A study by NERA Economic Consulting estimates that the Environmental Protection Agency’s (EPA) carbon rule for existing power plants could cost at least $366 billion and that residents in 43 states would see double-digit percentage increases on average in their electricity bills over the 15-year period from 2017 to 2031.[1] Consumers and businesses would pay $41 billion or more a year, which is nearly five times the cost of all Clean Air Act rules for power plants prior to 2010. The proposed rul...

General News Oct 23, 2014


Image - Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico

Chevron Announces Oil Discovery in Deepwater U.S. Gulf of Mexico

Chevron Corporation (NYSE: CVX) today announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 feet of water and was drilled to a depth of 30,173 feet. "The discovery further demonstrates Chevron's exploration capabilities," said George Kirkland, vice chairman and executive ...

Oil and Gas Oct 23, 2014


Image - BP, GDF Suez Announce New North Sea Oil Discovery

BP, GDF Suez Announce New North Sea Oil Discovery

British oil giant BP and European energy conglomerate GDF-Suez on Thursday announced a new oil discovery in the North Sea. The discovery spans two blocks operated respectively by BP and GDF-Suez, and tests show it can produce a maximum of 5,350 barrels of oil equivalent per day, the pair said in a statement. The find, named 'Marconi' by GDF-Suez and 'Vorlich' by BP, is located in the central North Sea. "As BP marks its 50th year in the North Sea and as the ind...

Oil and Gas Oct 23, 2014


Image - EU Leaders Seal Landmark 2030 Climate Deal

EU Leaders Seal Landmark 2030 Climate Deal

European Union leaders agreed Friday what they hailed as the world's most ambitious climate change targets for 2030, paving the way for a new UN-backed global treaty next year. The 28 leaders overcame deep divisions at a summit in Brussels to reach a deal including a commitment to cut greenhouse gas emissions by at least 40 percent compared to 1990 levels. They also agreed on 27 percent targets for renewable energy supply and efficiency gains, in spite of reservations from some me...

General News Oct 24, 2014


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Image - SolarWorld to Leverage $4 M U.S. Department of Energy Award

SolarWorld to Leverage $4 M U.S. Department of Energy Award

SolarWorld, the largest crystalline silicon solar producer in the Americas for nearly 40 years, today expressed its gratitude for a $4 million cooperative award from the U.S. Department of Energy SunShot Initiative to intensify development of a ground-breaking silicon mono-crystallization technology. The proprietary development has demonstrated promise to sharply reduce costs to produce silicon mono-crystals while increasing the efficiency of photovoltaic cells. SolarWorld already is the glob...

General News Oct 22, 2014