South Australian’s Premier Jay Weatherill, has promised to lift the state-based renewable energy target from 50 per cent to 75 per cent by 2025 and to introduce the country’s first renewable energy storage target. A re-elected Labour government would set a target that 25 per cent of the state’s peak demand be met by stored…
The Minnkota Power Cooperative’s Milton R. Young station got a $6.0 MM grant from the U.S. Department of Energy to design a carbon capture model that would reduce the plant’s carbon emissions by 90 per cent. The project is one of seven funded by the Energy Department’s new $44.0 MM Design and Testing of Carbon…
India will end its 45-year state monopoly on commercial coal mining to encourage competition and raise productivity through private-sector investments. Under an auction system announced this week, the business that offers the highest sum per ton of coal to the state where a mine is located will win the mining rights. No restrictions will be…
By Heather Douglas It started with the brown-eyed sheiks’ anger at the United States. The blue-eyed sheiks retaliated and the battle for energy superpower status was on. In 1959, America, led by the 34th President Dwight Eisenhower (1890 – 1969), imposed a quota on imports of oil and refined products from the Mideast and gave…
MaXfield Group Acquired by TerraVest Capital Inc. On February 5, 2018 TerraVest Capital Inc. acquired all issued and outstanding shares of MaXfield Group Inc., a Calgary-based manufacturer of processing, storage, and transportation equipment for propane, anhydrous ammonia, and oil and gas markets. The acquisition cost $21.0 MM and is subject to a working capital adjustment….
Technical Safety BC Last fall, the British Columbia Safety Authority announced it would be changing its operating name and identity to Technical Safety BC. According to their news release, the identity change comes following extensive consultation with clients and industry stakeholders. It reflects the move toward becoming a knowledge and data-driven organization that uses smart…
