Month: March 2020
Vestas to develop Vietnam intertidal wind project
Wind developer Vestas has secured its fourth intertidal project contract in Vietnam with a 29-megawatt order, Kallanish Energy reports. The Ben Tre VI-3 wind project will be ...
Tesla to produce ventilators at NY solar plant
Tesla has announced that it intends to retool a solar panel factory in western New York state to manufacture medical ventilators due to the coronavirus pandemic, Kallanish Energy reports. That ...
Wintershall Dea’s production up 9%, costs down 20%
German independent gas and oil producer Wintershall Dea reported this week a 9% increase on its output in 2019 and a 20% reduction on its production costs, Kallanish Energy reports. ...
EOG Resources cuts $2 billion or 31% from capex budget
Texas-based EOG Resources is cutting its 2020 capital spending by $2 billion or 31%, in the wake of the spreading coronavirus and the crude oil price war ...
NNPC Reports: Lagos Explosion Triggered by Gas Cylinders Incident
The Nigerian National Petroleum Corporation (NNPC) has released a report stating that the recent explosion in Lagos was triggered by a gas cylinders incident. The explosion, which occurred in a ...
Enbridge to proceed with $500M Line 5 Pipeline tunnel
Enbridge announced Friday that it intends to build a $500 million pipeline tunnel under the Straits of Mackinac after a long and continuing legal fight with the state of Michigan, ...
Repsol to build 860 MW wind project in Spain
Spanish oil major Repsol said Friday it will build another 860 megawatts (MW) of renewables capacity in northern Spain, through 26 onshore wind farms, Kallanish Energy reports. ...