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Energy sector News

How predictive analysis is helping the energy sector

A few days after predictive analytics software began monitoring wind turbines in Iowa last March, an anomaly was spotted by a data-science model in a wind turbine’s gearbox. After a few hours of repairs, the wind farm owner avoided catastrophic failure.

Hackers have broken into the core systems of energy companies

Hackers are targeting U.S. and European energy companies in a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, according to researchers at the security firm Symantec.

Colonial pipeline closes due to outages at supply points

America's energy sector is taking a hard hit this week with the closure of the Colonial Pipeline that supplies the populous East Coast with over three million barrels of fuel a day.

Gas prices at the pump rise as Harvey comes ashore

Corpus Christi - Energy companies have been forced to shut down or temporarily evacuate oil and natural gas platforms and refining facilities in the Gulf of Mexico and along the Texas coast as Hurricane Harvey barrels ashore, possibly as a Category 3 storm.

Report details impacts of shale production, good and bad in Texas

San Antonio - A comprehensive review of the impacts of shale oil and gas development in Texas has been released. The report, by The Academy of Medicine, Engineering and Science of Texas (TAMEST), looks at the benefits and consequences of shale development.

Digital transformation is reshaping the energy sector

Big data analytics and the Internet of Things are reshaping the energy sector. The biggest gains are with the way power plants operate, in terms of cost savings, and the way assists are managed.

Moon Jae-in closes 10 coal-fired power plants to combat dirty air

Seoul - South Korean President Moon Jae-in will temporarily shut down 10 coal-fired power plants in June that are over 30 years old in an effort to mitigate air pollution, according to a statement issued by the president's office on Monday.

Op-Ed: Should Canada diversify its energy industry?

Ottawa - Canada's conservative government has put all its eggs in one basket, with its emphasis on oilsands development. With the recent largest rally in Washington to stop the Keystone pipeline, should Canada change its direction and diversify?

Conference Board of Canada confident natural gas prices to rise

Natural gas prices are at a four-month low, and expected to stay low throughout 2010. In spite of this, profits for the sector are expected to double, according to a study released by the Conference Board of Canada.

Canada's real gross domestic product declined in April

Real gross domestic product declined 0.1% in April, following decreases of 0.3% in March and 0.1% in February, and more pronounced declines between November 2008 and January 2009.

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Sihwa Lake Tidal Power Station is the world s largest tidal power installation  with a total power o...
Sihwa Lake Tidal Power Station is the world's largest tidal power installation, with a total power output capacity of 254 MW. It is one of two operational stations in South Korea.

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