United States Ambassador to Greece, Geoffrey Pyatt, welcomed on Friday Gastrade’s adoption of the Final Investment Decision (FID) for the construction of the Alexandroupolis Independent Natural Gas System (INGS). “A big step forward for energy […]
Inpex aims to carry out the offshore drilling during March-July this year about 150km north of Yamaguchi and 130km northwest of Shimane in water depths of around 240m through its subsidiary Inpex San’in Offshore Development. […]
Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, as produced volumes in need of transport rise to 3.3 billion […]
On 17 December, the Maryland Public Service Commission (PSC) approved more than 1,650 MW of offshore wind capacity as it decided to award offshore renewable energy credits (ORECs) to US Wind’s 808.5 MW Momentum Wind and Ørsted’s 846 MW Skipjack Wind […]
By mid-century, offshore wind will require ocean space which is equivalent to the landmass of Italy, and the industry will by then account for half of all the capex in the Blue Economy, according to […]
Source: U.S. Energy Information Administration, Country Analysis Brief: Brazil Brazil was the only oil-producing country in South America to report an increase in crude oil and condensate production in 2020 compared with 2019, according to our Country Analysis […]
Owners of old cars know the painful “repair-or-replace” decision. Repairing avoids spending time and money on car shopping, but sooner or later, another lingering problem sends you back to the shop. Rather than waste […]
Source: Graph by the U.S. Energy Information Administration, based on data from CME Group, as compiled by Bloomberg L.P. Recently, prices of high-sulfur crude oils have been declining relative to low-sulfur crude oils. Rising crude oil […]
Southern Co. has agreed to design and build an advanced demonstration nuclear reactor using technology developed by the Bill Gates-backed company TerraPower LLC. Southern plans to build the molten-chloride reactor at Idaho National Laboratory, according […]
BP CEO has told CNBC that hydrocarbons such as oil and gas will have an ongoing role to play in the energy mix for years. “It may not be popular to say that oil and […]
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