It has been estimated by the EIA, that the US has some 2,000 GW of offshore generating capacity to exploit. This is roughly double current demands for power in the US. Much of this clean energy resource is located near many major population centres such as New York, Los Angeles, […]
Compressor stations compress and push gas from the field where it is extracted or from an LNG re-gasification import port, along transmission pipelines, to end customers, such as refineries, power stations or LNG export plants. Compressors, housed in stations located at 40- to 100-mile intervals along a pipeline, run continuously and allow gas to be rerouted into gas storage areas during periods of low demand. An average station can ship 700 Bcf/d of natural […]
Thanks to OPEC and Russia’s agreement to restrict supply, and rising world demand for crude, the Brent oil price has climbed past $82 a barrel, a big increase on the $56 prevailing at the same time last year and a four-year high. Also, the collapse in oil prices in 2014 […]
This feature looks at the world’s top 10 largest utility companies by market value in US Dollars. Many of these companies are not only involved in power generation but also transmission and distribution. An increasing number of companies are phasing out coal power plants and replacing them with either gas power generation or and renewables. In many parts of the world, these leading traditional utility companies are now active investors and developers in renewable power such as on and offshore wind.
Nicholas Newman November 2017 Virtually all of the fossil fuels, including the coal, crude oil and natural gas we use today, was created millions of years ago before, during and even after the days of the dinosaurs. Since then, such materials have played an important part in mankind’s evolution… Virtually […]