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Offshore Wind Power
Seajacks Scylla Mobilising for Hollandse Kust Noord, Kraken Changing Out of Oil & Gas Attire Ahead of Offshore Wind Work
Jack-up vessels Seajacks Scylla and Seajacks Kraken are currently moored in two Dutch ports, where they are being mobilised for offshore wind projects.Seajacks …
Oil & Gas Supply
Biden Administration Approves Alaska Oil Drilling Project
Environmental groups fear for Alaska's wildlife. Photo: Eric FisherPresident Joe Biden's administration on Monday approved an oil drilling project on Al…
Offshore Wind Power
US President Proposes More Money for Offshore Wind Activities and No Tax Subsidies for Oil and Gas in 2024 Budget
On 9 March, the Biden-Harris administration released the President’s Budget for Fiscal Year (FY) 2024, with funds for federal agencies’ activities i…
LNG
Bahrain Explores Constructing LNG Export Facility
Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets…
Carbon Neutral
EU Agrees Diplomatic Push for Fossil Fuel Phase Out Ahead of COP28
The bloc has made achieving a global phase out of coal, oil and gas “well ahead of 2050” a priority of its climate diplomacy
LNG
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. Global LNG s…
Oil & Gas Supply
Global Liquid Fuel Production to Outpace Demand
The U.S. Energy Information Administration expects global liquid fuel production to outpace demand in 2023 and 2024.The U.S. Energy Information Administration (…
Natural Gas
Premium Grows for US Gas Certified as 'Low-Emission'
Global buyers are increasingly willing to pay more for US natural gas that has been certified as low-emission, top industry officials agree, although the market…
Oil Price
Aramco’s Profit Soars 46% To Record $161BN on Higher Oil Prices
Aramco oil tanks in Abqaiq, Saudi Arabia. The state energy company will raise crude production to 13 million barrels per day by 2027.Saudi Aramco, the world'…
Oil Price
Biden Sets Sights on Scrapping Oil and Gas Subsidies
The Biden administration is planning to eliminate subsidies for the oil and gas industry in its next budget, Reuters has reported, citing a White House document…
Oil&Gas Drilling
Eco Atlantic Notes Africa Oil Corp. Compliant Report on Offshore South Africa Exploration Blocks
(WO) – Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, has noted Africa Oil Corp.’s pub…
Energy Technology
Great Resonance at Geotherm 2023--Technical Lecture on “Smart Monitoring”
Thank you very much for visiting our booth and attending our presentation at GeoTHERM 2023, announced Adam Waniek, Sales & Marketing Manager at Oil Dynamics Gmb…
Hydropower Plant
New Center of Competence for Generator Components Opened by Voith Hydro
Voith Hydro has opened a new center of competence for generator components in Bosnia and Hercegovina to serve western markets, from North and Latin America to E…
Natural Gas
China, Vietnam Lead Markets With Most Gas Plant Build-Out: Report
The gas capacity across the globe grew by 22% YoY in 2022.China and Vietnam led the markets with the most gas-fired power plant build-out in 2022, Global Energy…
Natural Gas
Ceraweek: Collapse in Us Natural Gas Prices Dents Market for Shale Deals
(Reuters) — This year's freefall in U.S. natural gas prices has upended the acquisitions market for gas producers and spooked investors that lined up to bu…
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