Energy

Your mid-morning energy drink is going to get a lot more expensive

By Alice Holtham UAE excise tax will see some products taxed by up to 100 per cent. You’ll pay a lot more for cigarettes, energy drinks and soft drinks starting from Sunday. After the UAE excise tax was officially announced in August, the Federal Tax Authority said on Wednesday it was all set to implement the tax on certain products next week. Starting from October ...

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Beach to buy Origin oil and gas spin-off in ‘transformational’ $1.6b deal

Oil and gas mid-cap Beach Energy will buy Origin Energy subsidiary Lattice Energy for $1.585 billion, setting it up as a major supplier of gas to the east coast markets. The acquisition of the oil and gas producer and explorer rapidly expands Beach’s capabilities, increasing its reserves by around 200 per cent, and its guidance by approximately 150 per cent. Origin is ...

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Notice From Ministry Of Energy

PROCUREMENT OF A CONTRACTOR TO CONSTRUCT FIVE (05) RESEARCH STATIONS FOR MANAGEMENT OF SEISMIC RISK AND GEOHAZARDS IN UGANDA. MEMD/WRKS/16-17/00448/DGSM The Ministry of Energy and Mineral Development (MEMD) has allocated funds to be used for the Procurement of a Contractor to Construct Five (05) Research Stations for Management of Seismic Risk and Geohazards in Uganda. The Entity invites sealed bids ...

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Crowd gathers in Asheville to protest Duke Energy’s proposed rate increase

A public hearing Tuesday night on the company’s proposed rate increases has numerous organizations and customers criticizing the energy giant’s proposal. (Photo credit: WLOS staff) ASHEVILLE, N.C. (WLOS) —  Many think it’s unfair for Duke Energy to pass the costs of coal ash cleanup on to its customers. A public hearing Wednesday night on the company’s proposed rate increases has ...

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Leader: Dems see more energy | Local

The new interim leader of the La Salle County Democratic Central Committee said the local party has seen a surge in energy since Donald Trump’s election as president, as has been the case across the country. Amy Sipovic Boyles, a Streator High School teacher, recently took the party’s helm as chairwoman. After nearly two decades in the post, Rocky Raikes ...

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Turkey’s energy insecurity drives hunt for supplies

Geography has endowed Turkey with great strategic importance, situated as it is at the crossroads between Europe, Asia and the Arab world, yet it has been less generous in its allocation of natural resources. Turkey relies on imports for almost three-quarters of domestic energy consumption, much of it in the form of Russian gas. Turkish President Recep Tayyip Erdogan wants ...

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Xcel Energy plans new wind farm in Codington, Grant counties

NORTH OF WATERTOWN, S.D. Xcel Energy recently announced plans for a new wind farm in Northeast South Dakota. Apex Clean Energy is partnering with Xcel to build wind turbines on more than 40,000 acres in Codington and Grant counties – about 20 miles north of Watertown. Xcel Energy is excited for its new Dakota Range I and II project near ...

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Beach Energy Buys Origin’s Gas, Oil Assets in $1.25 Billion Deal

Australia’s Beach Energy Ltd. agreed to buy Origin Energy Ltd.’s conventional oil and gas business, Lattice Energy, for A$1.59 billion ($1.25 billion) in a deal set to triple the Adelaide-based company’s reserves. Beach will fund the acquisition through a A$301 million share sale and a new A$1.58 billion debt facility, the company said in a statement Thursday. The agreement will boost ...

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