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Green Energy: RNG Project takes shape in NY, first in the U.S.
Waga Energy is joining forces with Steuben County (New York, USA) on a Renewable Natural Gas (RNG) project at the county’s Bath landfill. The RNG produced will be injected in the local grid and used as a biofuel to decarbonize mobility. The Steuben County landfill will be the first in the US to adopt Waga Energy’s WAGABOX® technology…
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Gas Prices Soar in Europe on Tight Russian Supply
European gas prices soared more than 30% on Tuesday as low supplies from Russia reignited concerns about an energy crunch as the region heads for colder weather.A key pipeline which normally delivers gas from Siberia to Europe continued to work in reverse on Tuesday, traders said…
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Markets: As Omicron Threat Fades, Oil Bulls Return
Portfolio investors have started to rebuild bullish positions in the oil market, reassessing earlier fears about the likely impact of the Omicron variant of coronavirus on major economies and passenger aviation in 2022.Hedge funds and other money managers purchased the equivalent…
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Equinor Finds New Oil Near North Sea Fram Field
Equinor and partner Wellesley report discovering oil in the Troll and Fram area in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect. Preliminary calculations of the expected size indicate between 3.3 and 5.2 million standard cubic meters of recoverable oil equivalent…
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Intelatus: The long-tenured, New Name in Market Intel & Planning
Intelatus Global Partners is a new name in energy, marine and industrial market analysis and strategic planning, a ‘new name’ with nearly 50 years of experience and proven results.Founded by the merger of International Maritime Associates (IMA) and World Energy Reports (WER), Intelatus…
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Exxon Q4 Earnings Poised to Exceed Pre-pandemic Level
Exxon Mobil Corp's fourth quarter profit should top Wall Street's consensus and surpass its pre-pandemic levels, lifted by…
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Floating Offshore Wind: Attention Turns Subsea for Power Transport
From being an ugly duckling, floating offshore wind is now the Cinderella of the offshore renewables world. Attention is…
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Offshore Wind Market Set to Accelerate in North America
While many challenges remain to deliver the full promise of U.S. offshore wind, so too do opportunities. Robert Galinski…
Latest news
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Tech File: SHI Develops onboard Carbon Capture System
SHI reports that it has successfully developed an 'Onboard Carbon Capture' system which can be applicable to LNG fueled vessels with PANASIA…
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Rotor Sails: The Compelling Decarbonization Solution
Global supplier of wind propulsion, Anemoi Marine, believes Rotor Sails - which are unique, tall cylindrical sails that can…
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Baker Hughes Finds US Drillers Add Most O&G Rigs Since April
U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more…
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White House Welcomes OPEC+ Decision to Stick to Planned Output Increase
The White House on Tuesday welcomed a decision by top oil producers to stick with their plans to raise crude production and…
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FSRU: Morocco Picks Mohammedia for Potential Floating Gas Facility
Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural…
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“30 by '30” Target has Put U.S. Offshore Wind on the Map, Says DNV’s Galinski
Robert Galinski, Offshore Wind Director, Americas, DNV breaks down the potential for the U.S. Offshore Wind in the run up…
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Hamel takes the Helm as GECF Secretary General
Mohamed Hamel from the People's Democratic Republic of Algeria has assumed office as the fourth Secretary General of the…
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Indonesian Coal Export Ban Rattles a Sector
The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand…
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Oil Barrels Toward $79 to Start '22
Oil rose towards $79 a barrel on Monday supported by tight supply and hopes of further demand recovery in 2022 spurred in…
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OPEC+ to Stick with Planned February Output Increase, Sources Say
OPEC+ is expected to stick to its plans for a February output increase when it meets on Tuesday, predicting a mild and short…
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As Omicron Concerns Ease, Oil Prices Rise
Oil prices extended gains on Tuesday with prices trading near the previous day's one-month high on hopes that the Omicron…
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NYK Signs Multi-Year Deal with GAIL (India) Limited for Charter of LNG Carrier
NYK signed a multi-year time-charter contract with GAIL (India) Limited, India's largest natural gas company, for a liquefied…
Offshore Oil & Gas
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UK and Norway Sign Deal On New Power Interconnector
Britain and Norway on Thursday signed a bilateral treaty on electricity interconnection to help formalize power trading between the two countries…
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Oil Slides 4% on China Virus Curbs, Climate Warning
Oil prices fell by 4% on Monday, extending last week's steep losses on the back of a rising U.S. dollar and concerns that…
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Nova VOLT gets $2.8m injection from Scottish government
Nova Innovation was awarded a $2.8m cash injection from the Scottish Government to advance its tidal turbine manufacturing…
Shale Oil & Gas
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Shell Exits Permian with $9.5B Sale to ConocoPhillips. Its U.S. Output Now Mostly Offshore
Royal Dutch Shell said on Monday it would sell its Permian Basin assets to ConocoPhillips for $9.5 billion in cash, an exit from the largest U.S.
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Oil Drillers, Bitcoin Miners Bond over Natural Gas
On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to…
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BP Profit Triples to $2.6B in Q1 on Strong Oil, Gas Trading
BP's profit more than tripled to $2.6 billion in the first quarter thanks to stronger oil prices and bumper revenue from natural gas trading, paving t
LNG
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Cheniere Asks for More Time to Build Texas Corpus LNG Expansion
Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it…
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SHI Demos SENSE IV, Its Own Natural Gas Liquefaction Process
Samsung Heavy Industries announced on November 18 that it successfully held a demonstration ceremony at the Geoje shipyard…
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Japanese Trio Connects on Project to Reduce Methane Slip by 70%
As the global shipping industry is under the microscope to reduce emissions, three Japanese leaders in the maritime space: Hitachi Zosen…
Renewables
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INEOS to Invest $2.3B in Green Hydrogen Plants
- INEOS, Europe's largest Hydrogen producer, said on Monday it would invest more than 2 billion euros ($2.3 billion) on electrolysis plants to make ze
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IEA: World Must Triple Renewable Energy Spending by 2030 to Curb Climate Change
Investment in renewable energy needs to triple by the end of the decade if the world hopes to effectively fight climate change…
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Repsol Increases Low-carbon Targets to Accelerate Energy Transition
Spain's Repsol has hiked its 2030 capacity target for renewable energy generation by 60% and made a new pledge on cutting…
Technology
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Alphabet Winds Down Makani
Alphabet, Google's parent company, announced that it is calling it quits on its efforts to build and monetize its Makani…
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CMA CGM Joins Energy Observer in Hydrogen Project
French shipping giant CMA CGM is joining forces with Energy Observer within a project focusing on testing the potential of…
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Toshiba Delivers Fuel Cell System to Ship
The provider of energy industry solutions Toshiba Energy Systems & Solutions Corporation (Toshiba ESS) announced that the…
Legislation
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Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders
President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and…
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Biden Administration Suspends Federal Oil and Gas Permitting
The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it…
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Biden Announces Return to Global Climate Accord, New Curbs on US Oil Industry
U.S. President Joe Biden on Wednesday announced America's return to the international Paris Agreement to fight climate change…
