Contribution By Saif Bepari


Transocean, Chevron sign £650m drilling and rig construction agreement

Switzerland-based world’s largest offshore drilling contractor Transocean has announced that it has inked a rig and drilling deal with Chevron, a multinational energy corporation, valued at over £650 million. Apparently, this contract involves rig design and construction management along with a five-year long drilling agreement. …

NCUC approves revenue increase for Aqua America’s NC subsidiary

Aqua America has reportedly announced that its North Carolina subsidiary has been approved for a revenue increase of $2.9 million, or 5.2 percent, from the North Carolina Utilities Commission (NCUC). Sources state that the new rates would allow Aqua to recover capital related costs to …

Black Hills Energy introduces new clean energy program & wind project

The electric utility subsidiaries of Black Hills Energy in Wyoming and South Dakota reportedly filed for approval of voluntary renewable energy tariffs to cater to the customer requests for renewable energy resources. As per trusted sources, requests to approve the voluntary tariffs were submitted to …

EnergyAustralia, Genex ink long-term agreement for 250MW hydro project

Genex Power has reportedly announced that it has entered into a non-binding agreement with Melbourne based EnergyAustralia for a long-term energy storage service agreement for Genex’s Kidston pumped hydro project as well as possibly an equity investment in the project’s second stage. Apparently, the agreement …