Infrastructure
TC Energy reports 3Q earnings of $739M
Alberta-based TC Energy last week reported third-quarter 2019 net earnings of $739 million, or 79 cents per share, Kallanish Energy reports, which compares to net income of $928 million, or ...
ConEd capping investment in Mountain Valley line
New York-based utility giant Consolidated Edison (ConEd) is capping its investment in the troubled Mountain Valley natural gas pipeline. ConEd revealed in a U.S. Securities and Exchange ...
India has lowest renewable cost in Asia-Pacific
India is the Asia-Pacific country with the lowest renewable energy cost, according to a new research note released by independent research company Wood Mackenzie. The levelized cost ...
Pennsylvania’s Three Mile Island may be acquired, dismantled
A company that specializes in decommissioning nuclear reactors is negotiating to acquire and dismantle Pennsylvania’s infamous Three Mile Island’s Unit 2 reactor, Kallanish Energy reports. The long-mothballed reactor was the site ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...
JobsOhio commits $30M to potential petchem plant
Ohio’s economic development arm has awarded its largest grant ever for site work for a massive, multibillion-dollar petrochemical plant being considered for eastern Ohio, Kallanish Energy reports. ...
Going the Arctic route: Russia’s plans to develop LNG
Gas-rich Russia is working to boost its liquefied natural gas production to capture 20% of the global market by 2035. According to the report Russia’s New LNG Strategy: Breaking the Ice, released ...
Braskem drops plan for West Virginia cracker
Plans for a Brazilian petrochemical company building an ethane cracker in northern West Virginia are dead, but state officials are still hoping another developer will build such ...
Bechtel gets construction contract for Ohio ethane cracker
A proposed ethane cracker in eastern Ohio has taken another step forward, Kallanish Energy reports. The giant international engineering firm Bechtel has announced it has been hired ...
Venezuela oil output is said to have dropped by 50%
Power failures that kept Venezuela in darkness for much of March also briefly slashed the country’s crude production by 50%, people familiar with the situation told Bloomberg. ...