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Released December 10, 2024 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
BP, Jera Join Forces in Offshore Wind - BP (NYSE:BP) (London, England) and JERA Company Incorporated (Tokyo, Japan) have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and operators. The combination will create a global business, to be called JERA Nex bp, with a balanced mix of operating assets and development projects with a total of 13 gigawatts potential net generating capacity. (BP)
Apex Clean Energy Secures Funding for North Carolina Wind Project - Renewables developer Apex Clean Energy (Charlottesville, Virginia) on Thursday announced that it has secured financing for the 189-megawatt Timbermill Wind project in North Carolina. The financing includes construction loans from a consortium of lenders and a tax equity investment from Goldman Sachs. Timbermill Wind, located in Chowan County, is the first wind project in North Carolina approved since 2013 and will be the state's second windfarm overall. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
PRODUCTION
U.S. Energy Firms Add Rigs for First Time in Eight Weeks - U.S. energy firms last week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) reported. The oil and gas rig count rose by seven to 589in the week ending December 6, its highest since mid-September. Baker Hughes said oil rigs rose five to 482 last week, their highest since mid-October, while gas rigs rose by two to 102, the highest since early November. (Reuters)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
POWER
BP, Jera Join Forces in Offshore Wind - BP (NYSE:BP) (London, England) and JERA Company Incorporated (Tokyo, Japan) have agreed to combine their offshore wind businesses to form a new standalone, equally-owned joint venture that will become one of the largest global offshore wind developers, owners and operators. The combination will create a global business, to be called JERA Nex bp, with a balanced mix of operating assets and development projects with a total of 13 gigawatts potential net generating capacity. (BP)
Apex Clean Energy Secures Funding for North Carolina Wind Project - Renewables developer Apex Clean Energy (Charlottesville, Virginia) on Thursday announced that it has secured financing for the 189-megawatt Timbermill Wind project in North Carolina. The financing includes construction loans from a consortium of lenders and a tax equity investment from Goldman Sachs. Timbermill Wind, located in Chowan County, is the first wind project in North Carolina approved since 2013 and will be the state's second windfarm overall. Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
PRODUCTION
U.S. Energy Firms Add Rigs for First Time in Eight Weeks - U.S. energy firms last week added oil and natural gas rigs for the first time in eight weeks, energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) reported. The oil and gas rig count rose by seven to 589in the week ending December 6, its highest since mid-September. Baker Hughes said oil rigs rose five to 482 last week, their highest since mid-October, while gas rigs rose by two to 102, the highest since early November. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
