The Energy Information Administration (EIA) has released a study on the competition between coal, natural gas and petroleum used for electricity generation, which estimates what economists refer to as the elasticity of substitution among the fuels.
Aker Solutions has been awarded a contract by Technip to supply a Mono Ethylene Glycol (MEG) reclamation plant for the Ichthys LNG Project in Australia. The contract value is approximately NOK 485 million.
Wärtsilä is to supply 21 engines to a 384 MW natural gas power plant in Azerbaijan. The natural gas to power the plant will be domestically produced.
Black & Veatch provide liquefaction technology to EXMAR FSRU.
Aker Solutions has signed a contract with McDermott, the main EPCI contractor for the Ichthys gas-condensate field development subsea umbilical, riser, flowline (SURF) project, for INPEX in Australia. The contract value is approximately NOK 440 million.
Browse LNG receives conditional environmental approval to proceed, Woodside Petroleum are on course to make a final investment decision in 2013.
Total has increased its stake in the Ichthys LNG project to 30%.
TROLEXPERT is a new information source for the coal and mining industry from Trolex Ltd and Energy Global. Each month will provide answers to topical questions and challenges facing the industry. This month, TROLEXPERT asks: what is the importance of methane concentration when looking to extract and exploit methane technology projects?
Cheniere Energy Partners, L.P. has received executed firm financial commitments in aggregate of approximately US$ 3.4 billion to fund the costs of developing, constructing and placing into service the first two liquefaction trains of the Sabine Pass LNG liquefaction project.
Sinopec has increased its stake in APLNG from 15 – 25% in line with its Subscription Agreement with Origin Energy.
South Africa’s potential as one of the great producers and exporters of coal is being constantly hampered by a thorny combination of policy decisions, poor infrastructure and global economic conditions. Barry Baxter reports.
Shell is to purchase Gasnor, the small scale LNG producer, for US$ 74 million. In order to make inroads on expanding LNG shipping fuel market.
Black & Veatch will provide technology and services for the world’s first Floating LNG liquefaction unit – the EXMAR EXPORT™.
Kevin S. Crutchfield, CEO of Alpha Natural Resources, US, offers his view of the future and importance of coal in the US.
Wärtsilä has won the contract to supply the LNG fuelled engines for two new-build tugs which arebeing built by CNOOC Energy Technology & Services Ltd.