Power And Energy

  • Global Energy Trader Vitol Posts 8% Oil Volume Surge

    Global Energy Trader Vitol Posts 8% Oil Volume Surge

    Global energy trader Vitol stated Friday its 2019 revenues have been $225 billion and its traded oil and refined products volume soared by 8%. CEO Russell Hardy stated last year’s efficiency was “solid”, as the corporate’s traded oil volume hit 8 million barrels per day (bpd), up from 7.4 million bpd two years ago. At the beginning of January, the…

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  • Polish Officials Suggest EU to Scrap Emissions Trading Scheme

    Polish Officials Suggest EU to Scrap Emissions Trading Scheme

    The European Union tought to diminish its Emissions Trading System or exclude Poland from the scheme, which helps fight global warming, to free up funds for Warsaw to battle the consequences of COVID-19, a senior Polish official stated. Under the ETS, the EU charges for the right to emit CO2. European energy generators, industrial emitters and airways flying flights within…

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  • Rapid Spread of Coronavirus Disrupts Solar Energy Sector

    Rapid Spread of Coronavirus Disrupts Solar Energy Sector

    The coronavirus pandemic is threatening project schedules in the booming U.S. solar sector following a year in which the sector topped natural gasoline as the nation’s prime new power supply, based on a report featured on Tuesday. The fallout from the outbreak has affected both supply networks and demand in the fast-rising sector, and the president of the top U.S.…

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  • Duke Energy Strikes Power Contract in North Carolina

    Duke Energy Strikes Power Contract in North Carolina

    After capturing Cisco and Google as of early adopters of the firm’s Green Source Advantage program (GSA), Duke Energy has laid out its first municipal agreement under the scheme – a 35 MW power purchase agreement (PPA) with the city of Charlotte, North Carolina. The PPA, which was accredited by the city council in February, makes Charlotte the most populous city…

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  • New Solar Power to Sustain More Than 10,000 Homes Will Be Built with The Help of Charlotte

    New Solar Power to Sustain More Than 10,000 Homes Will Be Built with The Help of Charlotte

    Charlotte is now within the solar power enterprise, following a metropolis council vote Monday night time to a companion in constructing a 35-megawatt solar farm in Iredell County. The town says that, with Monday’s vote, Charlotte turned the most populous U.S. metropolis essentially to acquire renewable energy by way of a utility “green tariff” equivalent to Duke’s Green Source Advantage…

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  • Texas Regulator List Down States Companies Responsible for Natural Gas Flaring

    Texas Regulator List Down States Companies Responsible for Natural Gas Flaring

    One of Texas’ oil and gas regulators Tuesday defended the state’s high rate of natural gas flaring; however, he named corporations that burned off the most gas and stated he would hold public conferences on the controversial practice. Flaring, or deliberately burning fuel produced alongside oil, has soared with a crude production in Texas; however, it can worsen climate change…

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  • Wind Energy Is a Best Friend to Farmers in Their Tough Times

    Wind Energy Is a Best Friend to Farmers in Their Tough Times

    Throughout this central northern county in Kansas, wind turbine blades slowly slice the chilly air over winter-brown fields. The 67 wind generators of the Meridian Way Wind Farm straddle dozens of farms and ranches, following the contours of the land and the eddies of the wind above it. The generators are tall sufficient that driving by, their dimension is difficult…

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  • U.S. First Show Interest in Expanding Portugal's Sines Port

    U.S. First Show Interest in Expanding Portugal’s Sines Port

    American corporations have a keen interest in expanding Portugal’s deepwater port of Sines because of its strategic standing for liquefied natural gas (LNG) exports to Europe, U.S. Energy Secretary Dan Brouillette stated Wednesday. Portugal launched a global tender in October for a contract to build and function a new container terminal in Sines, continental Europe’s closest port to the Panama Canal.…

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  • JetBlue Announces Plans to Become Carbon Neutral by 2050

    JetBlue Announces Plans to Become Carbon Neutral by 2050

    JetBlue Airways Monday declared its plans to become carbon impartial on all domestic flights by mid-2020 and will use an alternative fuel source for flights departing from San Francisco amid rising strain to cut greenhouse emissions. The aviation sector has been attempting to combat climate change by trying to halve its greenhouse emissions by 2050 compared with 2005 ranges and…

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  • World's Second Largest Lithium Produce SQM Contemplates Alternatives After Court Ruling

    World’s Second Largest Lithium Produce SQM Contemplates Alternatives After Court Ruling

    SQM, the world´s #2 lithium producer, said Friday it “regrets” a decision by a Chilean environmental court that it must be prosecuted over excessive water use in the nation´s northern Atacama Desert. SQM mentioned in a statement that it was contemplating whether to take a further legal step over the finding by the First Environmental Court within the close by metropolis…

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