MHI to collaborate with Taiwan Power Company for ammonia co-firing to reduce CO2 emissions
Key Insights and Signals in Energy & Utilities
Centre Setup and Expansion Eni, Sonatrach start building a 10 MW solar array in Algeria Together, with an existing 10 MW facility that opened at the BRN complex in 2018, the new solar installation will double the renewable energy available to power upstream processes in the oil field. Read More>> TotalEnergies opens a new LNG fueling station in Germany TotalEnergies launched the new facility in partnership with PitPoint. TotalEnergies is planning to open more LNG stations in Europe and Germany before the end of 2022. Read More>> Jim Piggott walks through the new JEA headquarters The company is changing the look of downtown Jacksonville as the utility is getting ready to move into its new headquarters. Unlike the current headquarters on Church Street, JEA does not own the new building on Adams Street, but it’s one the city-owned utility is paying millions to rent. Read More>>Deals Sempra and ConocoPhillips strike a 20-year LNG deal The two companies have executed a 20-year Sale and Purchase Agreement for five million tons per annum of LNG. The companies have also entered into an equity sale and purchase agreement to see ConocoPhillips acquire 30% equity in Phase 1 of Port Arthur LNG and a natural gas supply management agreement. Read More>> QatarEnergy and Sinopec sign a 27-year 4 million tons per annum LNG supply agreement with China Under the terms of the SPA, the contracted LNG volumes will be supplied from the company’s North Filed East LNG expansion project and delivered to Sinopec’s receiving terminals. Read More>>Merger and Acquisition Chevron to acquire full ownership of Beyond6 CNG fuelling network Chevron signed a definitive agreement to acquire full ownership of Beyond6, LLC and its network of 55 compressed natural gas stations across the United States from Chevron’s current B6 co-owners. With this acquisition, Chevron can market the RNG it produces or procures through a nationwide network of CNG locations. Read More>> ArcelorMittal Nippon Steel India completes USD 2.03 Bn acquisition of Port & Power assets from Essar ArcelorMittal concluded a transaction to acquire two port assets and a power plant from the Essar Group, having received requisite corporate and regulatory approvals. The following cash-generating assets are now wholly owned and operated by AM/NS India and are expected to generate operational synergies. Read More>>Partnership MHI signs MoU with Taiwan Power Company for Ammonia co-firing at the Linkou Thermal power plant MHI agreed with the Taiwanese state-owned firm Taiwan Power Company (TPC) to conduct a study on introducing ammonia co-firing at the Linkou Thermal Power Plant in Linkou District, New Taipei, Taiwan. Read More>>Executive Movements Galp names Filipe Silva as new CEO Galp appointed Filipe Silva, a current member of the Board of Directors and CFO of the company, as the new CEO. After being elected by the Board, he will succeed Andy Brown in the position to serve from January 1, 2023, until the next general shareholders meeting. Read More>> DTE Energy names Andy Coulouris to VP, Corporate and Government Affairs Before joining, Coulouris led global government affairs for Dow Corning Corporation, where he was responsible for directing the development, integration, and execution of global and regional government affairs strategies. Read More>>Financial and Market Activity Canadian Solar ships 6 GW of solar panels in strong Q3 2022, with revenue a 57% yearly increase Canadian Solar generated USD 1.93 Bn in revenue for Q3 2022, a 57% increase from USD 1.23 Bn in Q3 2021, driven by an increase in module shipments and average sale prices. Of its total 6 GW shipments, only 196 MW or 3.3% of module shipments were used by the company’s utility-scale solar development arm, Recurrent Energy. Read More>>
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Latest Industry Insights from Draup Braindesk
Power Plant Surveillance Using Drones
Orano adopted Azur Drones, which makes recycled nuclear fuel sites safer by deploying Skeyetech autonomous surveillance UAV solution to protect a huge site. Azur drones coordinate with on-ground security teams for Orano to maintain 24-7 surveillance over the highly sensitive site. Skeyetech autonomous drones fly daily surveillance and inspection missions and are directly controlled by security teams using high-definition optical and thermal sensors.
Plant Inspection Robots
Orano introduced regulatory inspections of the NUHOMS-used nuclear fuel dry storage facilities. The inspection team used two robots where the slim delivery robot carried the smaller crawler robot that was then raised to the used fuel canisters side, detached, and adhered with suction while moving and visually examining the surface of the canister for any indications of SCC.
Startup Spotlight
Company – Validere Total Funding– USD 69.26 Mn About: Validere enables industry participants to optimize operational and trading decisions through a real-time view of their product quality data. The company delivers advanced quality intelligence for O&G companies to know true product quality in real time and optimize logistics and trading. Read more>>
Latest Reports Published in Draup
Thermax Limited Account Intelligence Report
Thermax offers innovative solutions in heating, power, water & waste management, air pollution control, and chemicals. It focuses on enhancing energy efficiency, ensuring high plant reliability, and adopting best cost and resource optimization practices. Read More>>
Schlumberger Limited Account Intelligence Report
Schlumberger deploys innovative tech to enable performance and sustainability for the global energy industry. Its energy and enterprise energy data solutions make data accessible for the global energy industry. Read More>>
Here’s what’s new on our Sales Intelligence Platform Shortlist leads directly from Chrome using our extension
Launching Draup’s Chrome Extension to give more power to your sales efforts. Now, you can quickly add leads on LinkedIn to Draup’s lists.
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