Demand response firm EnerNOC yesterday announced it will acquire Canadian data and analytics firm Pulse Energy. The deal highlights how energy companies – particularly in the utility sector, but also oil & gas – are increasingly becoming technology companies. “The acquisition is yet another example of how industries that previously weren’t driven by digital technology,… Keep reading →
South Stream Pipeline
Energy News Roundup: Energy Firms Increasingly Embrace Tech, Hazy Russia-Turkey Gas Details & Navy Selects Flow Batteries
By Jared AndersonSign up and get Breaking Energy news in your inbox.
We will never sell or share your information without your consent. See our privacy policy.Energy Quote of the Day: ‘We Are Now Going to Focus Our Energy Sources in Other Directions’
By Jared AndersonNews broke Monday that Gazprom would no longer move forward with the South Stream pipeline project due to European opposition. Russian President Putin made the announcement after meeting with Turkish President Recep Tayyip Erdogan and Putin said the two countries would cooperate on the possibility of creating a gas trading hub on the Turkish-Greek border.… Keep reading →
Calls for stricter economic sanctions against strategic Russian energy players are not universal among European Union countries, particularly those where Russian oil and gas dependence is most deeply entrenched. The degree to which various EU members support or oppose the South Stream Pipeline project illuminates those countries reluctant to distance themselves too far from vital… Keep reading →
Economic sanctions imposed on Russia by the US and EU in response to Crimea’s annexation from Ukraine are beginning to ripple through the energy industry. The South Stream pipeline that would bring Russian gas to Europe bypassing Ukraine was scheduled to start up in 2015. However, the pipeline now faces legal problems as companies involved… Keep reading →