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HomeOffshore

Offshore

Crude Oil News

Stronger storms test aging U.S. offshore oil facilities

September 8, 2021 Stu Turley

Stronger hurricanes threatening the U.S. Gulf Coast energy hub are elevating the risks of oil spills from damage to area refineries, oil platforms, and subsea pipelines, say experts. On Monday, the U.S. Coast Guard said […]

Commodities

Europe’s homes and businesses are set to face a difficult winter because of record natural gas prices

September 3, 2021 Stu Turley

European energy executives warned of a difficult winter ahead as natural gas prices soar to records, a grim prospect for households and businesses recovering from the global pandemic. Gas prices in Europe are breaking records […]

Crude Oil News

Days After Ida, Storm’s True Impact on Energy Sector Emerges

September 3, 2021 Stu Turley

Five days after Hurricane Ida slammed into Louisiana, the true damage to the region’s energy infrastructure is only now starting to come to light. The challenges for companies to get out and inspect has been […]

Crude Oil News

Oil Edges Higher as U.S. Gulf Producers Assess Damage After Ida

August 30, 2021 Stu Turley

Storm spurs refiners, pipeline networks to suspend operations OPEC+ expected to endorse oil supply increase at midweek meet Oil edged higher in New York as offshore explorers  assess damage from Hurricane Ida and as investors […]

US Gulf Oil Producers - Shell Refinery
Commodities

U.S. Gulf Oil Producers, Refiners Shut as Ida Comes Ashore

August 29, 2021 Stu Turley

Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashes ashore. Based on the latest forecast by the National Hurricane Center, Ida will make landfall near New Orleans […]

Neworleans - Ida -ENB
Crude Oil News

EIA’s mapping system and data series show energy infrastructure near Hurricane Ida

August 27, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Energy Disruptions Map This article was posted on Friday, August 27 at 4PM EST and will remain posted through Monday, August 30. Hurricane Ida is approaching the U.S. Gulf Coast region—home to […]

Electrical Generation / Utilities

Work Begins on Indonesia’s First and Southeast Asia’s Largest Floating PV Project

August 22, 2021 Stu Turley

Reuters and other news agencies reported on August 3 that construction has commenced for the 145MW Cirata floating PV power plant in Indonesia. This project was formally given the go ahead after the Indonesian public utility […]

Transocian - Dolphin - Seadrill
Finance

Transocean and Dolphin Drilling Make New Bid for Seadrill

August 21, 2021 Stu Turley

Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival Seadrill Ltd, Dolphin’s chief executive said on Friday. Oslo-listed Seadrill, founded by Norwegian-born tycoon […]

Norway energy industry in wage bargain averting oil gas outages -energynewsbeat
Crude Oil News

Norway’s $1.4 Trillion Wealth Fund Puts Oil Stocks on Notice

August 21, 2021 Stu Turley

Norway’s wealth fund says there are oil companies in its portfolio that “absolutely” aren’t doing enough to cut emissions, as the guidelines it operates by are reviewed to give climate risk greater prominence. Norges Bank […]

Finance

Subsea 7 Announces Floating Wind Acquisition

August 3, 2021 Stu Turley

Subsea 7 today announced that it has entered into an agreement to acquire a majority interest in the equity of Nautilus Floating Solutions S.L. a developer of technology for the floating wind market based in […]

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