88,000 Wind Jobs and Hiring It may not be anywhere close to the size of the oil and gas industry, but the wind industry has been on a hiring binge of late. The wind sector supported 88,000 jobs at the start of 2016, according to the U.S. Wind Industry Annual Market Report Year Ending 2015, from the American Wind Energy Association (AWEA)
Norwegian E&P Hopes to Make Wind Profitable When oil major Statoil (ticker: STO; StatOil.com) acquired Brigham Exploration in 2011, the Norwegian company became a major operator in the Williston basin, with approximately 330,000 net acres in the play and an extensive gathering system including three operating oil facilities, seven operating saltwater disposal facilities, approximately 700 miles of pipeline and ten
The United States technological revolution has made rock stars out of flashy, emerging new plays like the Bakken, Niobrara and Utica. And everybody wants to get in on the next hot area. Oklahoma, on the other hand, is old school. It’s a model of consistency when it comes to United States energy development. The Sooner State has always been among
The Australian government will no longer allow the Clean Energy Finance Corporation to invest in wind Australia’s Clean Energy Finance Corporation (CEFC) received a directive from the Australian government to stop investing in future wind power projects. Australian Prime Minister Tony Abbott said the decision was made in hopes of refocusing the CEFC on developing new technologies, rather than supporting
Block Island wind project is expected to generate 30 MW of electricity Deepwater Wind’s Block Island project is beginning construction three miles off the coast of Rhode Island, making it the first offshore wind energy project to reach the construction phase in the United States. With the full $360 million in project financing in its coffers, the Block Island Wind
With Hollywood seed funding, startup is testing abandoned oil and gas wells as grid-scale energy storage solution for wind and solar generation “Our goal is to get to a cost point that’s potentially lower by a factor of about ten times than the batteries that you read about in the popular media, especially from companies like Tesla,” Aaron Mandell, Quidnet
Natural gas continues to grow The Energy Information Administration (EIA) expects natural gas to account for 31% of electricity generation by fuel type by 2040. In the EIA’s Annual Energy Outlook (AEO) 2015, the administration predicts that the percentage of electricity of generated from natural gas will gain 4% of the market share on top of its existing 27% share
Dong Energy takes over a U.S. offshore wind development project Denmark’s Dong Energy recently entered into an agreement with U.S. renewable energy company RES Americas Developments to take over an offshore wind energy development project off the coast of Massachusetts. The lease covers an area that could accommodate more than 1,000 MW of wind energy, according to the company’s press
Comment Period Ends Mar. 17, 2015 Remember the Northern Spotted Owl? It was a bird living in the Pacific northwest that was awarded the U.S. Fish and Wildlife Service’s “Threatened Species” designation in 1990. Vast swaths of timber were classified off limits to harvest. That action drove lumber prices to new levels of volatility, costing homebuilders and buyers of new homes
Department of Interior looking to triple federal offshore acreage for wind development In a press release on Monday, the Department of Interior announced that more than 742,000 acres offshore Massachusetts will be offered for commercial wind energy development in a January 29, 2015, competitive lease sale. According to an analysis prepared by the U.S. Department of Energy’s National Renewable Energy
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
