Ukraine's DTEK will receive 107 million euros from EU and US for the rebuilding of power facilities
The European Commission and the United States have announced that Ukraine's largest private power company DTEK will receive 107 millions euros ($112,30 million) to restore the power plants destroyed by Russian attacks against the Ukrainian energy system. The company stated that it would receive 62.8 million Euros from the EU, and $46.1 from the U.S. Government. Since this spring, Russia has intensified their attacks on Ukraine's energy sector. They have destroyed about 90% of DTEK's generating capacity.
Rhenus Commences Borssele Alpha Supply
Rhenus Offshore Logistics has completed its first supply trip to the 700MW Borssele Alpha offshore platform in the Dutch North Sea.Rhenus has taken over the complete supply logistics for its customer, HSM Offshore, during the installation work on the Borssele project and is supplying the Borssele Alpha offshore platform with building materials and tools as well as water, food and articles in daily use.Rhenus is providing all the logistics services that are required for the project…
ExxonMobil, Princeton Launch Energy Research Projects
In association with their partnership focused on energy technologies, ExxonMobil and Princeton University have selected five research projects that center on solar and battery technologies, plasma physics, Arctic sea-ice modeling, and the impact of carbon dioxide absorption on the world’s oceans. In June 2015 ExxonMobil committed $5 million over five years to the Princeton E-ffiliates Partnership, a program administered…
Long Beach Port : LEED 'Gold Status' for Conservation Efforts
Four structures at the Port of Long Beach’s newest marine terminal recently earned the coveted “gold” status in the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) rating system, which encourages the use of Earth-friendly features that save energy, conserve water and use recycled materials. Located at Long Beach Container Terminal’s new Pier E facility at Middle Harbor, the four buildings function as administrative offices and meeting space…
Greek Coast Guard Seizes Weapons Ship Bound for Libya
Greek authorities have seized a freighter carrying an undeclared shipment of weapons en route from Turkey to Libya, coast guard officials said on Wednesday. A coast guard patrol boat raided the vessel on Tuesday, 20 nautical miles northeast of Crete. The freighter, with a crew of seven and which had sailed from the Turkish port of Iskenderun, was escorted to Heraklion port on the island. The United Nations has imposed an embargo on weapons shipments to Libya, which is plagued by factional conflict.
Kentucky: 'War on Coal' Yields to Hope for New Economy
When Dan Mosley became head of Kentucky's Harlan County government this year, he promised - like those elected before him - to defend the state's beleaguered coal industry. But Mosley also vowed to do something else for his county: help build a new economy based on something other than coal. "The best business I've seen in town lately has been the U-Haul business because people are moving out," said Mosley, a boyish-looking father of two…
W.R. Grace to Split in Two
Specialty chemical manufacturer W.R. Grace & Co said it would split into two companies to improve strategic focus, simplify operating structures and make better use of capital. The company, which emerged from one of the longest U.S. bankruptcies in 2013, said on Thursday that the split would take place as a tax-free transaction to shareholders. W. R. Grace said one company, which is likely to have sales of about $1.8 billion…
ARENA Seeks Input for R&D
ARENA’s Research and Development (R&D) program supports R&D projects that will advance the commercial deployment of renewable energy technology in Australia. ARENA is providing $21.5 million funding for 12 cutting edge projects through the first round of the R&D program, which is focused on solar excellence. ARENA is keen to facilitate greater collaboration between the research sector and industry in the next round of the R&D program in 2015.
Wärtsilä, Cemex Colombia Renew Long-term Deal
Wärtsilä announced today that it has renewed its Asset Management Agreement with Cemex Colombia, a cement company in Colombia. The agreement was signed during summer 2014 and it is valid for five years. It is a continuation of an earlier Asset Management Agreement which was signed 15 years ago already in 1998. With this new agreement, Wärtsilä continues to operate and maintain the power plant at Cemex Colombia’s cement plant.
China's Carbon Intensity at 4-Year Low
China's carbon intensity - the amount of CO2 it produces per unit of growth - fell by 5 percent in the first half of 2014, helped by the decreasing share of heavy industry in the country's economy, state media said on Thursday. The decline is the biggest in four years and puts China on track to meet its target of bringing its 2010 carbon intensity rate down by 17 percent over the 2011-2015 period. Energy intensity also dropped 4.2 percent in the first six months of 2014…
Port of Hamburg Reports Q1 Results
In the first quarter of 2014 total throughput in the Port of Hamburg reached 35.6 million tons, representing 8.6 percent growth. Both general cargo throughput totalling 25.2 million tons (+ 10.8 percent), and bulk cargo throughput at 10.4 million tons (+ 3.5 percent), ensured especially strong growth for Germany’s largest universal port. “In the first quarter of 2014 we in the Port of Hamburg succeeded in maintaining the previous year’s positive growth trend.