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DTE Energy, Pemex: Your Daily Energy News

Scan through a selection of energy-related news highlights that we think will interest our clients.

Released Tuesday, February 27, 2024

DTE Energy, Pemex:  Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

POWER
DTE Energy Seeks Developers for Renewable Energy Projects
- DTE Energy Company (NYSE:DTE) (Detroit, Michigan) said on Friday that the utility is seeking proposals for wind and solar energy projects totaling about 1,075 megawatts (MW) to advance its decarbonization efforts. According to a company press release, "Bids are due May 14, 2024, and the company anticipates executing contracts this fall." (Reuters)

Tanzania Starts First Turbine at Hydropower Plant at World Heritage Site - Tanzania has switched on the first turbine of a new hydroelectric plant set to double power generation capacity but which has drawn stiff opposition from conservationists because of its location in a U.N.-designated World Heritage Site. Doto Biteko, energy minister and deputy prime minister, said while visiting the 2,115-MW Julius Nyerere Hydropower Plant on Sunday that the turbine, with a capacity of 235 MW, is now contributing power to the grid. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project. (Reuters)

REFINING
Mexico's Pemex Boosts January Refining Production
- Mexican state energy company Pemex (Mexico City) upped production in its six domestic refineries by double-digit rates in January, its latest data showed. Pemex processed 954,085 barrels per day of crude oil, data released late on Friday showed, 14% more than in the same month last year and 20% more than in the average of last year. (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).

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