World oil demand remains on track to grow by 2.2 mb/d in 2023 to 101.8 mb/d, led by resurgent Chinese consumption, jet fuel and petrochemical feedstocks. In 2024, naphtha and LPG/ethane, especially in China, will […]
The Ukrainian military said it has recaptured several strategic gas and oil drilling platforms from Russia in the Black Sea close to Crimea, which Moscow’s forces had occupied since 2015. The recapture of the so-called […]
No new offshore wind project contracts have been bought by developers at a key government auction, dealing a blow to the UK’s renewable power strategy. Results showed no bids for new offshore wind farms, but […]
LONDON, Sept 7 (Reuters) – Shell considered shutting its flagship Prelude liquefied natural gas facility off Australia for a year to fix issues that have plagued its operations, but instead opted for shorter maintenance period to allow […]
This summer, as my children splashed in the freakishly warm ocean waves by the beautiful Victorian seaside town of Cape May, N.J., angry protesters gathered a few towns away. Over the past few months, hundreds of Jersey […]
Sept 6 (Reuters) – A fleet of U.S. offshore wind projects central to President Joe Biden’s climate change agenda may not move forward unless his administration eases requirements for subsidies in the year-old Inflation Reduction […]
Another offshore wind developer took a major step Tuesday toward scrapping its initial plans for an installation in waters off the coast of Martha’s Vineyard. SouthCoast Wind, whose pair of successful bids represented a combined […]
Daily Standup Top Stories Cruise ship with thousands on board collides with oil tanker, leaving passengers injured August 30, 2023 Mariel Alumit A P&O cruise ship has collided with an oil tanker off the coast of […]
The low interest in the first-ever auction of offshore wind farm development rights in the Gulf of Mexico marks a potentially serious setback for U.S. President Joe Biden’s green energy agenda, and the U.S. offshore […]
Conservative MPs have criticised the role of a Chinese private investment group in a new mega offshore wind farm that could power over one million homes. The Moray West offshore wind farm project, located off […]
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