Saturday, June 23, 2018

Energy News

LNG to Benefit Philippines, Says ADB Energy Expert

Philippine President Rodrigo Duterte. Photo: PNA

The Philippines stands to benefit from introducing liquefied natural gas (LNG) to support power generation and making it part of its energy mix, the government's Philippine News Agency…

Noble Energy to buy Clayton Williams Energy for $2.7 bln

Noble Energy said on Monday it would buy Clayton Williams Energy for about $2.7 billion in a cash-and-stock deal. Under the deal's terms, Clayton Williams shareholders would receive 2.7874…

DNV GL Unveils Renewable Energy Data Platform

Photo: DNV GL

DNV GL is launching GPM Horizon, a data monitoring platform with full integration of current and future renewable energy systems including solar PV, wind and energy storage assets. GPM…

GasLog Partners Signs New Charter Agreement with Cheniere Energy

Photo: GasLog Partners

GasLog Partners announced that it has entered into a new multi-year time charter for the GasLog Sydney with a wholly owned subsidiary of Cheniere Energy scheduled to commence in 2018. The…

House Set to Debate Offshore Wind Energy Bills in US Waters

© diak / Adobe Stock

A U.S. House committee will kick off debate next week on three new bills aimed at boosting offshore wind energy leases in federal waters.The House Subcommittee on Energy and Mineral Resources…

EU Agrees Final Energy Saving, Renewables Targets

(Photo: Eric Haun)

The European Union on Wednesday finalized new climate rules after months of talks, targeting a total energy saving of 32.5 percent and an uplift in the share of renewable energy to 32 percent…

IEA Urges Poland to Clean Up its Energy Sector

Poland's new energy strategy should put the country on a pathway towards a cleaner energy system while strengthening energy security, the International Energy Agency said in its latest review of the country's energy policies.

Cairn Energy is Frontrunner for DONG Energy Assets

Independent oil exploration company Cairn Energy has emerged as the frontrunner for North Sea oil and gas assets put up for sale by DONG Energy, sources familiar with the matter said. Interest…

Experts Assess Energy Future at 7th IEA-IEF-OPEC Symposium

IEA-IEF-OPEC symposium roup picture of officials attending the 7th IEA-IEF-OPEC Symposium in Riyadh, Saudi Arabia (Photo of Saudi Ministry of Energy, Industry & Mineral Resourcs)

The International Energy Forum (IEF), the International Energy Agency (IEA), and the Organization of the Petroleum Exporting Countries (OPEC) convened the Seventh IEA-IEF-OPEC Symposium…

Heriot-Watt Sets Global Data Landscape for BP Statistical Review

Heriot-Watt University chief scientist Professor John Underhill (Photo: Heriot-Watt)

The economics professor who leads the in-depth data collation process for BP’s annual Statistical Review of World Energy has welcomed the energy major’s latest findings as “clear evidence…

New Energy Investment to Sell 1.8% Stake in Dong Energy

(File photo: Dong Energy)

New Energy Investment, indirectly owned by investment bank Goldman Sachs, is selling a 1.78 percent stake in Danish utility and offshore wind farm developer Dong Energy. Goldman Sachs said…

Energy Leaders Gather for the IEA Ministerial Meeting

Ministers and top government officials from the IEA’s 29 member countries, seven Association countries and other partners, as well as more than 30 CEOs from energy industry met in Paris on November, 7-8  2017 (Photograph: Andrew Wheeler, IEA)

Ministers and top government officials from the International Energy Agency’s 29 member countries, seven Association countries – Brazil, China, India, Indonesia, Morocco, Singapore and Thailand – and other partners…

IEA: Global Energy Investment Down 8% in 2015

While the plummet in energy spending should come as little surprise to anyone knowing anything about global maritime and energy markets, the International Energy Agency helped to put the precipitous drop in perspective…

Energy Efficiency Gains Ground Despite Lower Energy Prices -IEA

Dr Fatih Birol (Photo: IEA)

As governments focus on implementing their commitments to save energy and reduce carbon emissions under the recently ratified Paris agreement, a new report from the International Energy…

Trump's Energy Policies Not Yet Defined: Kemp

Donald Trump's victory in the U.S. presidential election will trigger a race among journalists, analysts and traders to explain what it means for energy policy and markets. But the president…

Hybrid Ferry uses Energy Storage System from Corvus Energy

The MV Copenhagen Photo Scandlines

Scandlines has named their newest hybrid ferry, the M/V Copenhagen. As part of Scandlines’ ambitious environmental strategy, the new hybrid ferry will join the world’s largest fleet of hybrid ferries…

Vermilion Energy to Acquire Spartan Energy

Oil and gas producer Vermilion Energy Inc said it would buy rival Spartan Energy Corp for about C$1.40 billion ($1.11 billion). Spartan shareholders will get 0.1476 of a Vermilion share for each share they own, Vermilion said.

US DoE Unfairly Criticized: Kemp

Rick Perry (Photo: Gage Skidmore)

The U.S. Department of Energy has become a lightning rod for criticism in parts of the Republican Party and the fossil fuels industry unhappy about the Obama administration's energy and climate policies.

Outlook for Energy: A View to 2040 - ExxonMobil

Courtesy ExxonMobil

Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy…

Savanna Energy Rejects Total Energy Services' Buyout Offer

Savanna Energy Services Corp said on Friday its board unanimously rejected an unsolicited buyout offer from fellow oilfield services provider Total Energy Services Inc as it "significantly" undervalued the shares of the company.