Kyiv reports that Russia has hit energy facilities in six Ukrainian regions.
Ukrainian officials reported on Wednesday that Russian airstrikes have hit energy and critical infrastructure in nine Ukrainian provinces over the last 24 hours. The energy ministry announced on Telegram that there were attacks against energy facilities in western Lviv, Sumy, Kharkiv, Donetsk, Donetsk East, Dnipropetrovsk Central, Mykolaiv, in the South, and Donetsk.
Sources say that the Philippines' largest oil import storage company is seeking a strategic investor.
Two people familiar with the matter have confirmed that the owners of Philippine Tank Storage International want to bring in a strategic investor for the company, which runs the largest petroleum import storage facility of the country. One person said that Singapore's Keppel infrastructure Trust and the Philippine conglomerate Metro Pacific Investments Corp.
Renewable Energy: Wave Power Projects Takes a Big Step
Eco Wave Power has secured the engineering coordination permit from the Municipality of Tel-Aviv Jaffa (permit number 2020-3249) needed for the cement works and installation of 10floaters for the EWP-EDF One wave energy project in the Port of Jaffa, Israel.This permit allows Eco Wave Power to proceed with the actual installation of the project in the seaside of the breakwater…
Senate Confirms Wheeler to lead EPA
The U.S. Senate on Thursday confirmed President Donald Trump's candidate, a former coal lobbyist, to lead the nation's top environmental regulator, infuriating Democrats and conservation groups who said his policies were endangering public health.Environmental Protection Agency Acting Administrator Andrew Wheeler, a Washington insider with years of experience working as a congressional staffer…
New Hires Boost RCG US Team
The Renewables Consulting Group (RCG), has announced the appointment of several new hires in its New York office to support the accelerating offshore wind market in the United States and renewable energy projects worldwide. The experienced personnel include AJ Negrelli, Emily Kuhn, and Craig Hutchinson.Negrelli is a respected project manager…
NIMASA Executive Director, 23 Others Bags NSE Fellowship
The Executive Director in charge of Operations in the Nigerian Maritime Administration and Safety Agency (NIMASA), Engineer Rotimi Fashakin has been conferred with the Fellowship of the Nigerian Society of Engineers (FNSE), the umbrella body of the Engineering profession in Nigeria. The event which held at the Nigerian Air Force conference centre…
OPEC Should Let Price 'Rebalance' Markets
The 1980s film “WarGames” contains an important lesson for OPEC and shale producers about the futility of trying to manage the oil market. Released in 1983, the movie blended new concerns about home computers and hacking with older concerns about the accidental start of nuclear conflict and mutually assured destruction. In the film, the U.S.
OPEC Should Let Oil Prices Rebalance the Market
The 1980s film “WarGames” contains an important lesson for OPEC and shale producers about the futility of trying to manage the oil market. Released in 1983, the movie blended new concerns about home computers and hacking with older concerns about the accidental start of nuclear conflict and mutually assured destruction. In the film, the U.S.
White House: Keystone XL Can Be Made from Non-US Steel
The Keystone XL oil pipeline does not need to be made from U.S. steel, despite an executive order by President Donald Trump days after he took office requiring domestic steel in new pipelines, the White House said on Friday. "It's specific to new pipelines or those that are being repaired," White House spokeswoman Sarah Sanders told reporters on Air Force One…
U.S. Military Marches on Green Energy
President Donald Trump and his top advisors have often scoffed at government support of green energy. But the largest U.S. government agency - the Department of Defense - plans to forge ahead under the new administration with a decade-long effort to convert its fuel-hungry operations to renewable power, senior military officials told Reuters.
Trump's Energy Pick Perry Softens Stance on Climate Change
Rick Perry, President-elect Donald Trump's pick to run the U.S. Energy Department, said during his Senate confirmation hearing on Thursday that global warming caused by humans is real, but that efforts to combat it should not cost American jobs. The comment marks a shift for the former Texas governor who had previously called the science behind climate change "unsettled" and a "contrived, phony mess".
Navy Tests 100-percent Advanced Biofuel
Secretary of the Navy Ray Mabus' energy vision came to fruition in September when the EA-18G "Green Growler" completed flight testing of a 100-percent advanced biofuel at Naval Air Station Patuxent River, Maryland. "From takeoff to landing, you couldn't tell any difference," said Lt. Cmdr. Bradley Fairfax, project officer and test pilot with Air Test and Evaluation Squadron (VX) 23, after the first test flight Sept.
Gazprom: No Progress in Talks on TurkStream Project
Russia's Gazprom said on Wednesday there was no progress in talks over the Turkish Stream gas export pipeline project. A company executive told a conference call the discussions were at the same stage as before they were halted last year after Turkey shot down a Russian air force jet. (Reporting by Olesya Astakhova and Andrey Kuzmin; Writing by Maria Kiselyova)
Gazprom Still Open for Negotiations on Turkish Stream
Russian gas giant Gazprom said on Monday it was still open to negotiations on the suspended TurkStream pipeline project, Russian news agencies reported. "Gazprom is open to dialogue on Turkish Stream and always has been," TASS news agency quoted Gazprom spokesman Sergei Kupriyanov as saying. Turkish President Tayyip Erdogan has apologised…
Oil shock Impacting U.S. Economy: Kemp
Slumping oil and gas prices and a downturn in investment are proving to be major headwinds for the economies of the United States and other key important petroleum producers. Economists tend to think of oil and gas as simply an input into the production process for other goods and services, which is why they tend to think of falling fuel prices as a positive influence on economic activity.
Supreme Court Rejects Human Rights Suit Against Occidental
The U.S. Supreme Court on Monday declined to revive a human rights lawsuit against Occidental Petroleum Corp and a security contractor that had accused them of complicity in a deadly 1998 bombing by Colombia's military of a village in the South American country. The court left intact a November 2014 ruling by the 9th U.S. Circuit Court…
Russian Gas Flowing to Turkey as Normal
Russian gas supplies to Turkey are flowing normally, despite the row between the two countries after Turkey shot down a Russian air force jet, a source in Russian gas giant Gazprom said on Thursday. The source said gas was flowing at close to capacity via both main routes to Turkey: a pipeline via the Balkans and the Blue Stream route under the Black Sea. (Reporting by Denis Pinchuk)
Philippines Mulls Massive Military Spend
Philippine generals on Wednesday asked Congress to almost triple annual defence spending over the next five years to upgrade equipment amid an escalating marine dispute with giant neighbour China. The Philippines currently is in the middle of a 998 billion pesos ($21.95 billion) 15-year plan to modernize its armed forces in the face of rising tensions in the South China Sea.
Obama Pushes to Train Veterans for Solar Power
President Barack Obama on Friday unveiled an expansion of U.S. government efforts to train military veterans for jobs in the solar power industry during a visit to Utah. The administration announced a new goal of training 75,000 people to enter the solar work force by 2020. That is an increase from a goal announced last year of training 50,000 workers by the same deadline.
Libya's Official Government Bids for Oil Cash
Libya's Prime Minister Abdullah al-Thinni has said his government would run its own oil sales and deposit revenues abroad in a bid to divert proceeds away from a rival self-declared administration in Tripoli. Crude revenues are at the heart of a battle for control of the North African OPEC producer that has pitted the two rival governments against each other in a growing conflict…
