The key driver of the industry now is returning more to shareholders and preparing for inventory stacked up for years of production ahead. Last week, the U.S. oil industry saw its latest announcement of a […]
Following a clampdown in Greece, ship-to-ship transfers of Russian oil have moved further west in the Mediterranean, just off the eastern end of Morocco’s coast on the Mediterranean, according to vessel-tracking data compiled by Bloomberg. The […]
(Bloomberg) – Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive economic transformation plan. […]
Aslow-motion collapse in the offshore wind industry continues to grow as sticky inflation and supply chain challenges force developers to delay or cancel major projects. In particular, progress towards the Biden administration’s goal of building […]
The Federal Energy Regulatory Commission (FERC) issued a “watershed transmission planning” order [this month] that would force the costs of state renewable energy mandates onto consumers in other states. While couched in language about grid […]
LONDON, March 6 (Reuters) – Gulf oil giants Saudi Aramco (2222.SE), opens new tab and Abu Dhabi National Oil Company (ADNOC) (ADNOC.UL) are in talks to invest in U.S. liquefied natural gas projects, as they step up […]
A feasibility study has indicated that Glasgow‘s household waste could be used to generate heat for buildings on the city’s southside. The potential district heat network would serve areas including Hampden Park, New Victoria Hospital, […]
The National Grid Electricity System Operator (ESO) has announced measures to address inaccuracies in Physical Notifications (PNs) submitted by wind generators. This initiative aims to reduce balancing costs and improve the security of the electricity […]
Andrew Craig-Bennett gives his take on shipping and the Middle East. Well, isn’t life just wonderful! We have, for most practical purposes, one of our forebears’ favourite things, a Suez Canal closure! Just when the […]
ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company, has announced an agreement to acquire 80% of UK-based tanker owner and pool operator Navig8 for […]
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