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 located in the Ba Tri District of Ben Tre province in the Mekong Delta region of Vietnam. The contract calls for seven wind turbines in … Read more

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 plan for the Tesla Giga New York factory in Buffalo, New York, was announced last week in tweet by CEO Elon Musk. Tesla will make … Read more

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. The company produced 642,000 barrels of oil equivalent per day (Boe/d) last year. Meanwhile, its production costs were reduced to $4.30/Boe, almost half the industry … Read more

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 between Saudi Arabia and Russia that is impacting U.S. shale producers. EOG said it intends to reduce activity across all of its operating areas and … Read more

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 densely populated area of Lagos, resulted in significant damage to property and casualties, raising concerns about safety measures and regulatory oversight. According to the NNPC’s … Read more

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, Kallanish Energy reports. The Canadian pipeline company said it has hired two contractors to proceed with the disputed Line 5 tunnel project. The tunnel will be … Read more

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. The so-called Delta 2 project will feature wind turbines across the Huesca, Zaragoza and Teruel provinces, in the Aragon region. The farms will be built … Read more

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