Japanese utility Tohoku Electric announced an initial agreement to purchase 300,000 tons of LNG at Henry Hub-linked prices annually for 16 years starting in 2022 from the proposed Cameron LNG project. A Mitsubishi trading division with equity in the plant would supply the fuel if an FID is reached. [Reuters] New York Governor Andrew Cuomo… Keep reading →
Scientists at Lehigh University are proposing modeling wind turbine blades on owls’ wings to mimic their stealth properties. “If the noise-reduction mechanism of the owl down can be established, there may be far-reaching implications to the design of novel sound-absorbing liners, the use of flexible roughness to affect trailing-edge noise and vibrations for aircraft and wind… Keep reading →
Chevron has signed a $10 bin, 50-year agreement with the government of Ukraine to explore for and develop oil and gas in the Olesska field in the western part of the country. Chevron is expected to spend $350MM for exploration over two to three years. Ukraine has a strong interest in developing its domestic resources as a means of reducing… Keep reading →
