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George Osbornes new budget focuses on reductions in tax on North Sea oil and gas

2015-07-09 01:00:00| Offshore Technology

UK Chancellor George Osborne has announced that reductions in tax on North Sea oil and gas that will go ahead in his latest budget.

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Exelon starts developing 1GW combined-cycle gas turbine unit in Texas, US

2015-07-09 01:00:00| Power Technology

US energy giant Exelon Generation and partners have broken ground on a new 1GW low-carbon, combined-cycle gas turbine (CCGT) unit at Colorado Bend generating station in Wharton County, Texas.

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Mountaintop Coal Falls As Renewables, Natural Gas Rise

2015-07-08 23:01:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Central: Coal country in West Virginia and eastern Kentucky is riddled with flattened mountain tops and valleys filled in with the rocks and debris that once formed the peaks high above. Mountains blasted from the central Appalachian landscape are signs that the coal industry is at work supplying fuel for electric power plants throughout the region. But that kind of coal production, known as mountaintop removal coal mining, has declined 62 percent since 2008, new U.S. Energy Information Administration...

Tags: natural gas rise falls

 

Santos agrees PNG gas deal with Exxon

2015-07-08 13:02:32| Oil & Gas - Topix.net

Santos is close to finalising a deal with energy giant ExxonMobil Corporation to acquire a stake in the P'nyang gas field in Papua New Guinea, as the joint venture partners eye a lucrative expansion of the $US19 billion PNG LNG venture. The Adelaide-based oil and gas producer is understood to have concluded talks with Exxon, the operator of PNG LNG, over taking a 10 per cent to 15 per cent stake in the field alongside partners Exxon, Oil Search and JX Nippon, according to sources close to the deal.

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Ohio University transitions from coal to natural gas fuel

2015-07-08 04:55:28| Energy - Topix.net

Ohio University officials say the campus nestled in the state's coal-mining country will transition from coal to natural gas fuel by the end of the year. The Columbus Dispatch reports the school still uses coal-fired boilers to generate steam to heat and cool campus buildings, but a $5.5 million project to build a pipeline carrying natural gas to the university's power plant is underway.

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