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Shale Markets, Llc / Pse Kinsale Energy Ceases Gas Production From Kinsale Field

By Bojan Lepic PSE Kinsale Energy has ceased its gas production at the Kinsale area gas fields in the Celtic Sea after 42 years of production. The post PSE Kinsale Energy ceases gas production from Kinsale field... ... Read Full Article Here For more great articles: Offshore Energy Today.
Read by 78% of LPs 17 hours, 41 minutes ago

Orange France To Buy Green Electricity From Wind Farm Energy Producer Boralex

(Telecompaper) Orange has signed a five-year agreement with Boralex for renewable energy supplies to power its operations in France...: Orange has signed a five-year agreement with Boralex for renewable energy supplies to power its operations in France. Starting from January 2021, Boralex will supply Orange with 67 GWh per year of electricity generated at the Ally-Mercoeur wind farm, located in the Auvergne Rhone-Alpes region. The corporate Power Purchase Agreement (PPA) supports the environmental objectives set in the 'Engage 2025' strategic plan, said Orange. We welcome comments that add value to the discussion.
Read by 43% of LPs July 07, 2020

Gulf Energy Buys German Wind Farm

Gulf Energy Development has acquired Germany's Borkum Riffgrund 2 (BKR2) offshore wind farm, worth more than 19 billion baht, in a move to expand its renewable energy business in Asia and Europe this year.
Read by 61% of LPs July 07, 2020

Why Dominion Energy Sold Natural Gas Assets To Buffett, Berkshire

Warren Buffett's Berkshire Hathaway recently agreed to buy most of Dominion Energy's natural gas storage and transmission assets for about $10 billion. Dominion accepted the conglomerate's offer because it agreed to protect its workers, it has the money and expertise to maintain a high level of service, and the valuation of 10 times EBITDA was a "very fair price," the energy giant's bosses told analysts on Wednesday. The deal promises to accelerate Dominion's growth, free up cash, and speed up its shift to state-regulated utilities and clean energy, the executives said. Visit Business Insider's homepage for more stories.
Read by 67% of LPs July 07, 2020

Berkshire Expands Energy Empire With $4B Deal

It's getting harder to build pipelines and other infrastructure in left-leaning states. : Dominion Energy Inc., the second-biggest U.S. power company by market value, on Sunday said it's selling substantially all of its gas pipeline and storage assets to Berkshire Hathaway Inc. for $4 billion. It's the largest deal announced this year to buy U.S. energy assets, according to Bloomberg data.
Read by 59% of LPs July 07, 2020

Time Heart Of Shale May Never Boom Again | Rigzone

These days, the Bakken is looking like anything but a boom. : (Bloomberg) -- It was once the center of America's shale boom -- a vast reservoir of crude unleashed by hydraulic fracturing and horizontal drilling, turning North Dakota into the second-largest oil producer in the U.S. and helping transform the nation into the world's largest supplier. These days, the Bakken is looking like anything but a boom. Drilling in the once-prolific shale formation straddling North Dakota, Montana and parts of Canada has all but halted -- another victim of the pandemic that sapped fuel demand worldwide.
Read by 48% of LPs July 07, 2020

Over 5,600 Fossil Fuel Companies Have Taken At Least $3bn In Us Covid-19 Aid | Environment | The Guardian

Businesses include oil and gas drillers and coal mine operators, an analysis by Documented and the Guardian findsMore than 5,600 companies in the fossil fuel industry have taken a minimum of $3bn in coronavirus aid from the US federal government, according to an analysis by Documented and the Guardian of newly released data.The businesses include oil and gas drillers and coal mine operators, as well as refiners, pipeline companies and firms that provide services to the industry. Continue reading...
Read by 57% of LPs July 07, 2020

Aiib Extends $50 Mn Loan To L&t Infra Finance For Renewable Energy | Business Standard News

This is the first tranche of a $100 mn loan by the Bejing-based multilateral development bank; proceeds will be used to on-lend to large and mid-scale wind and solar power infra projects in India.
Read by 61% of LPs July 07, 2020

Dominion Energy: Is There A Merger In The Cards?

Barely three weeks ago, the US Supreme Court ruled the proposed 600-mile Atlantic Coast Pipeline could cross the Appalachian Trail. Nonetheless, over the weekend Dominion Energy and Duke Energy announced they're walking away from the project.
Read by 54% of LPs July 06, 2020

How Much Are MENA Countries Investing In Solar Energy And Why?

Besides being so rich in oil as a primary source for energy, the Middle East and North Africa have a great potential for renewable energy, especially solar one.
Read by 49% of LPs