MHI Vestas to supply turbines for huge offshore wind farm in Scotland

MHI Vestas to supply turbines for huge offshore wind farm in Scotland

MHI Vestas Offshore Wind will supply 100 turbines for a 950-megawatt (MW) offshore wind farm in waters off the northeast coast of Scotland. In an announcement Thursday, the business said that it would supply the facility with its V164-9.5 MW turbines. It has signed a “firm turbine supply order” for the Moray East Offshore Wind Farm, which also includes a 15-year service agreement. The Moray East project reached a financial close Thursday. Located in the…

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Oil surges 5 pct on trade truce, expected supply cuts

Oil surges 5 pct on trade truce, expected supply cuts

Oil prices jumped by more than 5 percent on Monday after the United States and China agreed to a 90-day truce in a trade dispute, and ahead of a meeting this week of the producer club OPEC that is expected to cut supply. U.S. light crude oil rose $2.92 a barrel to a high of $53.85, up 5.7 percent, before easing to around $53.00 by 0930 GMT. Brent crude rose 5.3 percent or $3.14 to…

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Citi clients adjust manufacturing bases, supply chains

Citi clients adjust manufacturing bases, supply chains

The poll, conducted in early November, found that more than half of those companies have plans to adjust their supply chains, which include shifting manufacturing sites or investing in new ones to circumvent additional tariffs that the U.S. and its trading partners — including China and the European Union — have imposed on each other. A supply chain is a network between a company and its suppliers to produce and distribute the firm’s products. Citi…

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Mac mini 2018 Comes With Upgradeable SO-DIMM RAM, Larger Power Supply Unit, Reveals iFixit Teardown

Mac mini 2018 Comes With Upgradeable SO-DIMM RAM, Larger Power Supply Unit, Reveals iFixit Teardown

Apple at its October 2018 event unveiled a few new products – including a much-needed upgrade to its Mac mini small form factor computer. The new Mac mini offers all of the good stuff that a purist computer user wants – plenty of hardware ports including a 3.5mm headphone jack and an HDMI port and expandable/ replaceable RAM sticks. The guys over at iFixit put the Mac mini (late 2018) to their standard teardown to…

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Natural gas prices up on cold weather and lowest supply in 15 years  

Natural gas prices up on cold weather and lowest supply in 15 years  

Forecasts of a more extended November cold snap across the U.S. sent natural gas prices to a near two-year high, as investors worry about rising demand at a time when supplies are at the lowest level to start the winter heating season in 15 years. Natural gas futures for December spiked more than 6 percent to $3.76 per mmbtu, the highest price since December, 2016. “We added a lot of heating demand over the last…

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