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HomeOffshore

Offshore

Crude Oil News

Deal Spotlight Episode #7: Exxon vs. Chevron for Hess and The Battle For Guyana

May 23, 2024 Michael Tanner

Guyana has emerged as one of the most prized oil assets over the last 10 years and the race to develop this asset is seen as critical to stable oil production growth over the next 10 years. Chevron has attempted to jump into this growth […]

Net-Zero
Crude Oil News

Net-Zero Comes With Insane $215 Trillion Price Tag

May 23, 2024 Mariel Alumit

The world would need as much as $215 trillion in cumulative investments to achieve a fully decarbonized global energy system by 2050, research provider BloombergNEF (BNEF) said in a report on Tuesday. This investment would be 19% […]

Hurricane Season
Climate Crisis

EIA Warns Severe Hurricane Season Could U.S. Disrupt Oil & Gas

May 22, 2024 Mariel Alumit

Up to 25 named storms for this year’s hurricane season could wreak more havoc on the American oil and gas industry than ever before, the Energy Information Administration (EIA) said on Wednesday in an in-depth […]

Ireland
International News

Ireland, UK and Belgium team up for massive energy corridor

May 20, 2024 Stu Turley

Ireland, Belgium and the UK have agreed to strengthen their cooperation on renewable energy and interconnection projects. The Joint Statement was signed by Ireland’s Minister for the Environment, Climate and Communications, Eamon Ryan, along with […]

Climate Crisis

Who is paying for the Free Energy Wind?- or as Penguin Empire Reports – “Who’s paying for lunch?”

May 18, 2024 Stu Turley

ENB Pub Note: This is a guest post from the Pengquin Empire Reports Substack. We highly recommend supporting and following them. “In the financial world, it tends to be misleading to state ‘There is no […]

Climate Crisis

Week Recap: States Sue EPA, Biden Raises Tariffs, Trump Targets Wind

May 18, 2024 Andy Del Prado

Weekly Daily Standup Top Stories 25 States Sue EPA Over Unachievable Power Plant Regulations May 11, 2024 Stu Turley West Virginia and Indiana are leading a group of 25 states asking for the U.S. Court of […]

Climate Crisis

Biden’s Climate Goals Are In Trouble

May 16, 2024 Andy Del Prado

Daily Standup Top Stories CNX plans $1.5B hydrogen fuels plant at Pittsburgh airport, but wants federal tax credit to build it May 15, 2024 Mariel Alumit HARRISBURG — Natural gas producer CNX Resources said it plans […]

Offshore Wind Industry
Offshore

Full-blown Financial Meltdown: Offshore Wind Industry’s Collapse Accelerates

May 15, 2024 Mariel Alumit

America’s offshore wind industry is collapsing, both figuratively and literally. Offshore turbines have grown in capacity and size to the point where they simply collapse into the ocean. As do the financial prospects of those […]

Dead whale
Offshore

Dead whale washes up on Pismo Beach amid offshore sonar use

May 15, 2024 Mariel Alumit

A dead whale washed up on Pismo Beach Sunday morning amid a company’s use of sonar off the coast. The small whale carcass appeared on the shore near Tower 5 north of the Pismo Pier, […]

Trump
Energy Policy

Trump Vows Day One Executive Order Targeting Offshore Wind

May 14, 2024 Mariel Alumit

Donald Trump vowed to issue an executive order targeting offshore wind development if he wins a second term as president, making his most explicit threat yet toward the growing industry. The presumptive Republican nominee derided […]

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