Page 20 - Energy Evolution News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Canadian Drilling Contractors Rebrand, Citing Energy Transition An industry trade group of Canadian drilling contractors has rebranded to fit into energy transition imagery by purging a fossil fuel reference. Enter the Canadian Association of Energy Contractors (CAOEC). Exit the Canadian Association of Oilwell Drilling Contractors (CAODC), the group’s name since 1949. To explain the switch and declare intentions to march in step, the Calgary-based group cited Abraham Lincoln. “Abraham Lincoln’s famous quote summarizes our opportunity perfectly: ‘The best way to predict your future is ...

To print this article, all you need is to be registered or login on Mondaq.com. The energy industry continues to evolve as sectors converge and as demand, supply and consumer preferences change. The global economy is shifting to lower-carbon sources of energy, coinciding with (or resulting from) a renewed focus on environmental, social and governance (ESG) issues. "Energy transition" is commonly used to describe the recent full-court press towards cleaner energy; however, energy evolution, energy progression, energy advancement and a host of other terms have all been u...

Economist Loren Scott, Scott Angelle headline webcast: ‘The Energy Evolution: How Will Louisiana Fare?’ (iStock) Louisiana economist Loren Scott and Scott Angelle, director of the Bureau of Safety and Environmental Enforcement for the U.S. Department of the Interior under President Donald Trump, will share their insights about the future of Louisiana’s energy economy in a May 5  webcast hosted by 10/12 Industry Report. The Energy Evolution: How Will Louisiana Fare? will explore what it will take for Louisiana to transition to the new energy economy as the nation moves away from fossil...

Eni forms joint venture to deploy 1GW of renewables in Italy by 2025 Image: Eni. Oil group Eni and Italian state lender Cassa Depositi e Prestiti (CDP) have created a joint venture (JV) that will invest more than €800 million (US$953 million) in Italy’s renewables sector by 2025. GreenIT, which is 51% owned by Eni and 49% by CDP Equity, will produce energy mainly from PV and wind plants, with an aim of reaching 1GW of installed capacity in Italy in the next five years. The JV will develop, construct and manage renewable energy projects at property assets owned by CDP, power plant sites t...

Eni launches joint venture to pour €800m into renewables The partnership with lender CDP Equity aims to build a renewable capacity of approximately 1GW by 2025 Image: Shutterstock Italian energy company Eni and lender CDP Equity have formed a joint venture to invest €800 million (£685m) in renewables. Named GreenIT, the venture aims to produce energy mainly from photovoltaic and wind power plants and reach an installed capacity of approximately 1GW by 2025. Eni is set to have the majority share of the enterprise. Giuseppe Ricci, General Manager of Eni’s Energy Evolution, said: “Thi...