E.Timor, Australia to Ratify Maritime, Gas Deal This Year
East Timor and Australia are set to ratify a maritime border treaty, which regulates how the two countries will share revenue from the offshore Greater Sunrise natural gas field, later this year, East Timor's…
Wind Provides 14% of European Electricity
Wind energy provided 14% of the European Union’s electricity last year, according to figures published by the region’s wind energy trade body, WindEurope, with 11.7 gigawatts (GW) of new capacity added, including 2.65 GW of offshore wind.
Europeans Sweep Record US Offshore Wind Auction
A U.S. government auction for three wind leases off the coast of Massachusetts ended on Friday with record-setting bids totaling more than $400 million from European energy giants including Royal Dutch Shell Plc…
Wind Beats Solar in Danish Green Energy Auction
Wind emerged as the most competitive power source in Denmark's first auction where wind and solar competed for state subsidies on equal footing to deliver power at the lowest price.Subsidies which have underpinned…
Portugal, Morocco Seek Power Link
Portugal and Morocco will invite bids to build an undersea electricity cable linking the two countries after technical and financial feasibility studies are completed in early 2019, a senior Portuguese official…
Blue-Gift to Implement Marine Power Project
The European Marine Energy Center (Emec) in Orkney, Scotland, will lead a project to support the development of wave and tidal power in coastal areas of north-west Europe.The project has been approved by Interreg…
Galp, ENI Give Up On Drilling for Oil Near Portuguese Coast
Portugal's Galp Energia and its Italian partner ENI have abandoned plans to drill Portugal's first deep-water offshore exploration well due to legal problems after injunctions and protests by environmental activists.The…
Petrogal to Invest Up to $1 bln per Year in Brazil -CEO
Petrogal, the Brazilian unit of Portugal's Galp, plans to spend $800 million to $1 billion annually in the coming years in Brazil to develop its current oil and gas assets and boost its stake offshore, its chief…
Shell Sees Peak Output for Brazil's Lula Field in 2020, 2021
Brazil's most productive field, the Lula, located in the offshore Santos basin, should hit peak production in 2020 or 2021, after reaching 1 million barrels of oil equivalent per day next year, an executive at…
Platform Mooring Connectors Supplied for Windfloat Atlantic Project
A U.K. based subsea mooring and cable protection specialist has been called on to help connect wind turbine generator platforms to mooring lines at a floating wind farm under development offshore northern Portugal.First…
Galp to Start Drilling Exploration Well Offshore Portugal
Portuguese oil company Galp Energia is set to start drilling the country's first deep water offshore exploration well later this year but with only modest hopes of success, its exploration and production director said on Monday.The project…
REDEN Solar Enters the Portuguese Solar Market
REDEN Solar, a solar IPP from France, has acquired several existing photovoltaic power plants in Portugal, representing a total capacity of 50 MW. The French Solar project developer also announced plans to develop…
Cheniere Mulls Third Liquefaction Train at Corpus Christi
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the…
DNV GL Taps Oudman as Regional Manager
As the global energy transition in the oil and gas industry marks significant changes to come, regional adaptions will pose a broad variation of challenges and opportunities. DNV GL – Oil & Gas has appointed Ben…
Rapid Nuclear Decommissioning Threatens Climate Targets, says IEA
Decommissioning nuclear plants in Europe and North America from 2020 threatens global plans to cut carbon emissions unless governments build new nuclear plants or expand the use of renewables, a top International Energy Agency official said.
Brazil Pre-salt Output Surpasses other Production in June
Brazil oil production rose 0.8 percent in June from May to an average of 2.675 million barrels per day, as output from pre-salt offshore wells surpassed the combined volumes from all other fields in the country for the first time.
Chinese Demand Ensures Asian LNG Rally Has Legs
Unexpectedly strong demand from China, along with rising oil and coal prices, should keep Asian liquefied natural gas (LNG) spot levels buoyant this winter. Despite rising supplies from new plants, spot prices…
Shell, Exxon Win Brazil pre-salt Blocks
Oil majors Royal Dutch Shell and Exxon Mobil won blocks in Brazil's coveted pre-salt oil region in an auction on Friday. Shell was part of consortia that won two of the four blocks on offer in the first part of an eight block auction.
Galp Offers LNG Refueling
Portugal's Galp Energy is expanding its marine fuel offering by supplying low-emission liquefied natural gas for ships and performed the first refuelling of a cruise ship on the island of Madeira earlier this week, it said on Thursday.
Denmark Sets Record with 43 pct of 2017 Power From Wind
Denmark generated close to half of its electricity consumption from wind energy in 2017, setting a new world record as it aims to entirely phase out fossil fuels in its power sector, the country's energy and climate minister said on Thursday.
