About $380 billion worth of oil and gas projects are being deferred as the price of oil continues to hover near $30 per barrel, according to energy analyst Wood Mackenzie in a new report.
University of Maine researchers are completing the design and engineering work for a full-scale floating hull for the proposed 12-MW Aqua Ventus I offshore wind farm.
Utility Portland General Electric is taking over completion, with new contractors, of a 440-MW natural-gas-fired powerplant in Oregon after declaring the estimated $515-million project’s Spanish-owned builder in default.
California Gov. Jerry Brown (D) declared a state of emergency in Porter Ranch, Calif., on Jan. 7, following the failure of one of the world’s top drilling contractors to plug Southern California Gas Co.’s Aliso Canyon gas leak.
Infusion for Abengoa will cover salaries and operations as it pushes to avoid bankruptcy, but the firm is no longer the contractor for $514-million Oregon power plant project
The Spanish renewable-energy giant Abengoa, which applied for preliminary creditor protection in November, is laying off staff and halting some operations, a company spokeswoman tells ENR.
The Tennessee Valley Authority on Dec. 13 secured the reactor vessel head after loading 193 nuclear fuel assemblies into the 1,150-MW newly built unit at Watts Bar nuclear generating station in Spring City, Tenn.
On Dec. 10, Faraday Future and Nevada Gov. Brian Sandoval (R) announced a tentative deal to build a $1-billion, 3-million-sq-ft electric car factory north of Las Vegas.
Environmental Defense Fund project to map leaky gas mains and call them out for repairs to reduce greenhouse gas emissions meets willing partner in distribution company with lines to upgrade
Royal Dutch Shell has lost $5 billion so far in 2015, TransCanada Corp. is staring at a $2-billion write-off following the U.S. rejection of its Keystone XL pipeline, and Baker Hughes said it took a 43% hit to earnings compared to last year, a measurement almost identical to the decline of North American oil-rig drilling over the same time.
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