Mathilde DUBOIS

Mathilde DUBOIS

Etrion sells its Niigata Solar Park Assets in Japan

Etrion announces the sale of its Niigata Solar Project in Japan for 6.3 billion yen, or $57.7 million. The buyer is a Japanese consortium that will take over the solar park by buying the Japanese subsidiaries of Etrion. Etrion sells its Japanese assets EtrionCorporation 's subsidiaries Solar Resources Holding Sàrl, Etrion Services Japan and Etrion Japan have entered into agreements to transfer their assets in the 45 MW Niigata solar project in Japan to a...

NEO Energy Acquires 14 North Sea Oil & Gas Sites

NEO Energy, through its acquisitions, is expected to double its production, exclusively based in the United Kingdom, to 70,000 b/d of oil equivalent. A major step towards the short-term objective of producing 120,000 b/d. NEO Energy targets production of 120,000 b/d NEO Energy, the portfolio company of HitecVision, has acquired a number of non-operated oil and gas assets fromExxonMobil. The $1 billion transaction includes 21 assets, including 14 estates in the central and northern North...

Gas in Mozambique: USD 760 million of investments

Gas in Mozambique will therefore be supported by massive investments. One of the objectives is to produce 23 million gigajoules of LNG/year from three liquefied natural gas (LNG) fields located in the north of the country. Gas in Mozambique: a promising investment for the continent 760 million USD for the Temane project Mozambique's gas and Temane natural gas project will receive an investment of more than US$760 million. The Mozambican government and the South African...

ExxonMobil Relaunches Texas Oil Refinery

Unprecedented weather disruptions in Texas have prompted ExxonMobil to shut down its Beaumont, Texas oil refinery. It did not reopen until this Saturday, February 27, 2021 as the state's weather returned to its seasonal normals. Oil production resumes at 300,000 bpd Initially shut down on February 15, nearly all units at ExxonMobil's Beaumont, Texas refinery restarted on Saturday, February 27. The 120,000 bpd gasoline fluid catalytic cracker (FCC) and the 65,000 bpd diesel hydrocracker were...

Carbon intensity: -40% by 2030 For the Maritime Sector

The carbon intensity of the maritime sector could drop by 40% by 2030 according to a new report by Wood Mackenzie. The consulting firm states that this goal can only be achieved after a refresh of the IEEE and EEXI design indices for ships. In the short term, the report states that the use of marine LNG could facilitate the decrease of carbon emissions from shipping. In the long term, the development of low-carbon fuels...

Geothermal energy in France: Veligeo aims for 66% of RE

Geothermal energy in France could well become an effective solution thanks to Veligeo, the first simplified joint stock company for renewable energy in the Paris region. A geothermal power plant will be commissioned in the fall of 2021 in Vélizy-Villacoublay. The aim is to provide 66% of the city's residents with heating and hot water from renewable energy sources, thanks to an innovative process that is unique in Europe. This one consists in recover a...

Carbon Footprint: More Transparency from Oil Companies?

The carbon footprint of individuals and businesses is a global concern. However, it is difficult to quantify. Oil companies have played on the concept by helping to set up footprint calculators such as VYVE. But environmental groups denounce the interest of these companies in blaming individuals. Not only are they asking for greater involvement in the energy transition. But they also expect more transparency about their carbon output. Carbon footprint or environmental propaganda? A hijacked...

Gas Power Plant Malaysia: GE Deploys 9HA.02 Turbine

A new 1440 MW gas-fired power plant in Malaysia is to be built in Pasir Gudang, an industrial town on the peninsula. Yet located only a few kilometers from Singapore, the plant should effectively address the constraints of high population density. Eventually, it will also generate electricity for 3 million homes. Read on energynews.fr: Gas shortages in Asia: how to explain the situation? A 1440 MW gas-fired power plant in Malaysia Malaysia facing the constraints...

Asia Wind Farm: Marine Survey of Thang Long Project

The Thang Long Asia Wind Farm could well enable Vietnam to become the leader in clean energy in Asia Pacific (APAC). With this park, the country intends to stimulate local employment and establish itself as a market leader. For now, Enterprize Energy is launching marine data surveys, off the coast of Binh Thuan. The objective is to have a global view to implant its future wind turbines. Read on energynews.com: Offshore wind farm: LOC Singapore...

Sahara Solar Energy: A Negative Climate Project?

Exploiting the solar energy of the Sahara has been under study for more than 10 years, but a project of such magnitude would not be without consequences. The solar panels in the Sahara would indeed release too much heat into the atmosphere. A Saharan solar farm would thus contribute to global warming. In the long run, researchers say that this could lead to numerous ecological disasters. Sahara's solar energy coveted for more than 10 years...

Floating Solar Panel: $2300 billion market in 2026?

Floating solar panels represent an economic market that is expected to reach more than 2300 billion USD$ by 2026. This figure is based on estimates from a market study published by P&S Intelligence. Government efforts are expected to rapidly change the global market. Around the world, stringent environmental regulations are being put in place. This, together with tax rebates and other financial incentives, allows the development ofphotovoltaic energy. The floating solar panel is of great...

Terra Carta: Big Banks Form FSTF

Terra Carta, the Prince of Wales issues a charter on January 11 urging businesses to support an environmentally sustainable future. In this sense, the giants of the banking sector have joined forces with Prince Charles. They are now forming a working group on net zero financing: the Financial Services Task Force (FSTF). Focus on the Terra Carta charter, ambitious, resolute, but possibly ineffective without a clear position. Terra Carta: an economic and political greening agreement...

Empire Wind Offshore Wind Farm: 816 MW in New York

The U.S. offshore wind farm will expand with the Empire Wind project to develop 816 MW off the coast of New York. Eventually, having developed its potential of 2 GW, the park will power more than one million New York homes. In 2020, Equinor and BP entered into a 50-50 partnership for Empire Wind, although Equinor will remain the operator. The project will contribute to the state's renewable energy and climate goals: 9 GW of...

Oil Market: Iraq Maintains Exports to India

The Asian oil market, mainly Indian, Chinese and South Korean, is a boon for Iraq and its crude oil. In February, therefore, Iraq did not reduce volumes to the South Asian country, and more specifically to India. The country, which imports more than 80% of its crude, has already imported 50.2 million tons of Iraqi oil in 2020. Focus on the role of Iraq in the supply of oil in Asia, and particularly in India,...

Energy Transition: TechnipFMC demerger

The energy transition has led the TechnipFMC group to split into two publicly traded companies: TechnipFMC and Technip Energies. The aim is to best meet the needs of each sector, respectively, the subsea sector and the engineering of large oil and gas complexes. This strategy will enable the group to respond more effectively to the challenges posed by the energy transition. Read on energynews.com: Carbon Neutrality: BP Wants to Involve its Employees The energy transition...

Nexans Windlink to supply Vestas Onshore Wind Farms

Nexans Windlink has signed a two-year contract with Vestas Wind Systems to supply one million turbine cable kits. These cables are intended for onshore wind farms in Europe, the United States, China and Brazil. This new agreement reinforces Nexans ' position as a leading supplier to Vestas. Read on energynews.com: Rural Electrification in Africa: NEXANS in Ivory Coast Nexans Windlink: reliable, high-performance cables Nexans Windlink has been awarded a two-year contract with Vestas. Approximately one...

Eavor Secures $40 Million to Develop Eavor-Loop

Eavor, a leader in scalable geothermal technology, has announced that it has raised $40 million in investment. This capital will be used for the R&D of new geothermal installations related to its Eaver-Loop technology, as well as for the company's overall business development. With its Eavor-Loop technology, the earth's natural heat is used as a giant rechargeable battery. The ultimate goal is to supply approximately 10 million homes by 2030. Eavor develops Eaver-Loop, a global...

Wind Power Market: Vestas’ Out of the Box Turbine

The offshore wind market is set to welcome the world's largest turbine: the Vestas V236-15.0MW and its 43.000m2 of blade surface. The Danish company thus dethroned the 14MW Haliade-X of the American General Electric. It is also anew technology that raises the level of performance while reducing the costs of offshore technology Danish offshore wind market shakes up standards The world's largest offshore wind turbine The Danish wind power market is evolving thanks to its...

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Australian Hydrogen: NERA’s future regional network

Australian hydrogen could become ultra-competitive by 2030 following an announcement by National Energy Resources Australia. Indeed, the agency (NERA) has just unveiled the development of a network of 13 regional hydrogen hubs. The goal is to establish a nationwide hydrogen cluster and make Australia the future leader in the global hydrogen market. Australian hydrogen, a new priority for the country The result of a thought process launched in 2019 Australian hydrogen is expected to be...