Electric utility holding firm Southern Company???s (SO) subsidiary, Mississippi Power, recently reported that its Kemper County energy facility has started generating electricity using syngas.
Duke Energy Corporation (DUK) has closed the acquisition of Piedmont Natural Gas Co. Inc. (PNY). The transaction, worth $6.7 billion, was announced in Oct 2015.
Zacks Industry Outlook Highlights: Spark Energy, ONE Gas, DTE Energy and Southern
Southern Power, a subsidiary of Southern Company (SO) and Recurrent Energy recently issued a joint statement to announce that their 200-megawatt (MW) Tranquility Solar Facility in central California has come online.
Canadian Solar Inc.'s (CSIQ) wholly owned subsidiary, Recurrent Energy, has signed a Power Purchase Agreement (PPA).
Edison International's (EIX) subsidiary, SoCore Energy, has agreed to buy equity interests in 22 community solar garden development projects in Minnesota.
8point3 Energy Partners (CAFD) announced that it has entered into an agreement to acquire a 49% interest in SunPower Corp.'s 102-megawatt solar project.
Electric utility holding firm Southern Company's (SO) subsidiary, Mississippi Power, recently reported that the second gasifier at its Kemper County energy facility has started producing syngas using lignite.
Electric utility holding firm Southern Company's (SO) subsidiary, Southern Power, announced that it has entered into an agreement to acquire a natural gas-fired power plant in Minnesota from Calpine Corp. (CPN) for $395.5 million, plus working capital.
Electric utility holding firm, Southern Company (SO), announced the pricing of 32.5 million shares of its common stock.
We issued an updated research report on leading energy utility firm, Southern Company (SO), on Aug 11, 2016.
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Power supplier Southern Company (SO) Q2 earnings beat the Zacks Consensus Estimate on strong wholesale performance.
Atlanta-based power supplier Southern Company (SO) beats Q2 earnings estimate.
The Q2 earnings season in the utility sector will kick start this week with five utility majors scheduled to report quarterly numbers
Oil transit chokepointsIn 2011, 17,799 ships transited the Suez Canal from both directions, of which 20 percent were petroleum tankers and 6 percent were LNG tankers. Only 1,000 feet wide at its narrowest point, the Canal is unable to handle Ultra Large Crude Carriers (ULCC) and most fully laden Very Large Crude Carriers (VLCC) class crude oil tankers.The 200-mile long SUMED Pipeline, or Suez-Mediterranean Pipeline, provides an alternative to the Suez Canal for those cargos too large to transit through the Canal (laden VLCCs and larger). The crude oil flows through two parallel pipelines that are 42-inches in diameter, with a total pipeline capacity of around 2.4 million bbl/d. Oil flows north through Egypt, and is carried from the Ain Sukhna onshore terminal on the Red Sea coast to its end point at the Sidi Kerir terminal on the Mediterranean. The SUMED is owned by Arab Petroleum Pipeline Co., a joint venture between the Egyptian General Petroleum Corporation (EGPC), Saudi Aramco, Abu Dhabi's National Oil Company (ADNOC), and Kuwaiti companies.The SUMED Pipeline is the only alternative route to transport crude oil from the Red Sea to the Mediterranean if ships were unable to navigate through the Suez Canal. Closure of the Suez Canal and the SUMED Pipeline would divert oil tankers around the southern tip of Africa, the Cape of Good Hope, adding approximately 6,000 miles to transit, increasing both costs and shipping time. According to the International Energy Agency (IEA), shipping around Africa would add 15 days of transit to Europe and 8-10 days to the United States.The majority of crude oil transiting the Suez Canal travels northbound, towards markets in the Mediterranean and North America. Northbound canal flows averaged approximately 535,000 bbl/d of crude oil in 2011. The SUMED Pipeline accounted for about 1.7 million bbl/d of crude oil flows from the Red Sea to the Mediterranean over that same period. Combined, these two transit points were responsible for nearly 2.2 million bbl/d of crude oil flows into the Mediterranean.- - - -http://www.eia.gov/cabs/Egypt/Full.html- - - -http://geroldblog.com/2012/04/21/gas-going-down-in-price/- - - -Canal CharacteristicsTraffic statisticsDetailed Yearly Statistical Report - - - -Suez Canal Reports- - - -http://www.canal-shipping.com/canal%20suez/charac.html- - - -ликбез о Суэцком канале и танкерах