Tag: #OilAndEnergy

$1.2 Million Energy Make-Over For BIOS Centre

$1.2 Million Energy Make-Over For BIOS Centre

A leading ocean research centre is to get an energy make-over that will save it $100,000 a year in costs – helping it to further invest in research and other projects. The Bermuda Institute of Ocean Sciences has signed a 15-year performance contract with Air Care to overhaul its air conditioning and lighting systems. “Due to scheduling requirements... Read more of this article

Harvest The Energy Of Wind, Solar & Hydrogen

Harvest The Energy Of Wind, Solar & Hydrogen

Craig Looby of Urban Maximum Industries [UMI] said that for the last two years UMI and Hydrogen411 Technology have been researching and developing a plan to reach energy independence for Bermuda by 2025, with the concept being to harvest the energy of wind, solar and hydrogen from sea water. The company said, “The bottom line in any economy is... Read more of this article

Robinson’s Marina Service Station To Re-Open

Robinson’s Marina Service Station To Re-Open

Today [June 29] Mr. David Rose, Managing Director of RUBiS Energy Bermuda Ltd. announced that RUBiS Energy Bermuda will be re-opening the Robinson’s Marina at Somerset Bridge. The station had closed down in March 2015. Mr Rose said, “RUBiS would like to apologise to our loyal customers for any inconvenience the unexpected closure may have caused. “Robinson’s... Read more of this article

Bermuda Gas To Make 14 – 21 Staff Redundant

Bermuda Gas To Make 14 – 21 Staff Redundant

Saying they have “decided to focus exclusively on its core business,” Ascendant Group today [June 4] confirmed the “closure of two of the Bermuda Gas lines of business,” which will result in the redundancy of a number of staff members, which they said is “likely to be between 14 and 21 people.” A statement from the... Read more of this article

OIL Holds Shareholder Annual General Meeting

OIL Holds Shareholder Annual General Meeting

Oil Insurance Limited [OIL] held its 2015 Shareholder’s Annual General Meeting [AGM] on Tuesday, March 24th at the Fairmont Southampton Hotel and conducted the review and approval of the 2014 annual financial statements and election of directors. “For 2014, OIL experienced $551.7 million of underwriting income. After factoring in net investment... Read more of this article

Duty Increase Offset By Reduction In Oil Costs

Duty Increase Offset By Reduction In Oil Costs

The impact on electricity costs for customers due to the duty increase on oil will be more than offset by the recent reduction in oil prices, the Government said. “The recent drop in oil prices has reduced the electricity price to BELCO customers from a high of 44.9 cents per kilowatt hour to the current 37.9 cents per kwh – a decrease of 7... Read more of this article

Robinson’s Marina Service Station Closed Down

Robinson’s Marina Service Station Closed Down

Robinson’s Marina service station at Somerset Bridge has been closed with immediate effect, and RUBiS said they “cannot confirm when the station will re-open.” David Rose, Managing Director of RUBiS Energy Bermuda announced that “RUBiS Energy Bermuda would like the motoring and marine public to be aware of the sudden and unexpected closure... Read more of this article

Tank Punctured, Results In Small Diesel Oil Spill

Tank Punctured, Results In Small Diesel Oil Spill

A small diesel oil spill occurred on Tuesday [Feb 24] when a crane fuel tank was accidentally punctured in the vicinity of Bethell’s Island, the Bermuda Maritime Operations Centre [BMOC] said. A BMOC spokesperson said, “A diligent member of the public contacts BMOC to report an oil slick in Ely’s Harbour. The gentleman also reports the presence... Read more of this article

“Community Conversation” On Electricity

“Community Conversation” On Electricity

The Department of Energy has invited public input into the formulation of a new Electricity Policy, by hosting a “community conversation” this Thursday [Feb 19] 6.30pm to 8.30pm at the Heritage Worship Centre on Dundonald Street in Hamilton. A spokesperson said, “This follows the Bermuda Energy Summit, the collaborative event in November jointly... Read more of this article

Electricity Policy Town Hall On February 19th

Electricity Policy Town Hall On February 19th

A Town Hall on Bermuda’s Electricity Policy will be held at Heritage Worship Centre New Testament Church of God on Dundonald Street on Thursday, February 19th from 6:30 – 8:30pm. The promo flyer said, “The Department of Energy has begun the process of developing new electricity policy for Bermuda. You may be expecting another ‘Town... Read more of this article

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