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HomeOffshore

Offshore

Wind
Energy Policy

Associated Press Got It Wrong: Wind Farm Contractors Acknowledge Turbines Kill Dolphins, Whales

December 28, 2023 Mariel Alumit

When wind turbine companies seek permission to harm sea life, reporters for The Associated Press blame The Heritage Foundation (where I work) and the Heartland Institute, instead of reporting the facts. It was a Chico Marx moment: “Who ya gonna […]

International News

Eni’s Congo FLNG gets first gas supplies

December 28, 2023 Stu Turley

Italy’s Eni has introduced the first gas into its Tango floating LNG (FLNG) facility moored in Congolese waters. Eni said in a statement on Thursday that gas introduction had been achieved in record time– only […]

Britain
International News

Britain’s Net Zero Disaster & The Wind Power Scam

December 27, 2023 Mariel Alumit

“This is not about complicated issues of cryptocurrency,” Assistant U.S. Attorney Nicolas Roos declared in the Sam Bankman-Fried trial, after accusing the defendant of building FTX on a “pyramid of deceit.” Much the same can be said […]

International News

Shell’s Prelude FLNG to ship first cargo after maintenance

December 27, 2023 Stu Turley

Shell’s huge Prelude FLNG located offshore Western Australia has welcomed its first LNG tanker since August this year when it started scheduled maintenance, according to shipping data. The UK-based LNG giant shut down the FLNG in […]

Crude Oil News

U.S. claims huge chunk of seabed amid strategic push for resources

December 24, 2023 Stu Turley

(Bloomberg) — The U.S. extended its claims on the ocean floor by an area twice the size of California, securing rights to potentially resource-rich seabeds at a time when Washington is ramping up efforts to […]

Norway - Tanker ENB
Imports

Germany Signs $55 Billion Natural Gas Deal with Equinor

December 24, 2023 Stu Turley

Germany’s state-controlled firm Securing Energy for Europe (Sefe) and Equinor signed on Tuesday one of the biggest-ever natural supply deals for Norway’s energy giant worth an estimated $55 billion (50 billion euros). Equinor will supply Germany’s Sefe […]

International News

Barcarena FSRU departs Singapore for Brazil

December 22, 2023 Stu Turley

The 160,000-cbm, Energos Celsius, which will serve New Fortress Energy’s FSRU-based LNG import terminal in Barcarena, has left Seatrium’s yard in Singapore and is on its way to Brazil. Seatrium announced on Friday the delivery […]

Crude Oil News

Hess and Oxy emerge as top winners in Gulf of Mexico oil lease sale

December 22, 2023 Stu Turley

World Oil (Bloomberg) — Hess Corp. was the high bidder in a U.S. auction for drilling rights in the Gulf of Mexico, which raised a total of $382 million from oil giants before the Biden […]

Offshore Oil
Crude Oil News

Biden’s 5-Year Offshore Oil and Gas Lease Plan Has the Fewest Sales Auctions Ever

December 21, 2023 Stu Turley

Key Takeaways 1. President Joe Biden has decided to have the fewest offshore oil and gas leases in history as he will only hold 3 over 5 years—far fewer than the 47 sales proposed by […]

Offshore Wind
Energy Transition

Another Offshore Wind Farm Hits the Dust

December 20, 2023 Stu Turley

Key Takeaways 1: The developer of “Icebreaker,” a small project in Lake Erie, announced it is pulling stakes on its six-turbine project. 2: The project received a $50 million grant under President Obama, but the […]

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