(WO) – Neptune Energy, along with partners Wintershall Dea, Pandion Energy, Aker BP and DNO, announced a new discovery at the Kyrre prospect and confirmed the volumes for the Ofelia appraisal well, both located in […]
World Oil (Bloomberg) — Traders are more jittery than ever about the outcome of Chevron Corp.’s proposed $53-billion takeover of Hess Corp. as Venezuela threatens to seize mineral-rich regions in neighboring Guyana. Source: Reuters Hess […]
South America’s offshore oil boom is set to make the region a major play in global oil markets, challenging OPEC’s dominance. The combined efforts of Guyana and Brazil alone are expected to add nearly three […]
Two U.S. energy giants, ExxonMobil and Chevron, have disclosed their capital investment expectations, encompassing oil and gas plays, which go shoulder to shoulder with emission-reduction solutions, as these oil majors are no strangers to the […]
State-run Nigerian National Petroleum Corp is joining forces with China’s Wison to develop a floating LNG production project in Nigeria. According to a statement by NNPC, the company signed a memorandum of understanding with Wison […]
After a year of struggles for offshore wind developments amid rising costs, canceled projects, and failed auctions, governments and policymakers in Europe and the U.S. have realized they may need to pay up to ensure […]
Venezuela is set to hold a referendum on Sunday on whether to establish a new state in a disputed, oil-rich territory long ruled by Guyana. The vote comes after the International Court of Justice (ICJ) […]
Hoegh LNG’s Lampung FSRU serving Pertamina’s Perusahaan Gas Negara off the southeast coast of Sumatra in Indonesia has completed its 52nd ship-to-ship operation since it started operations in 2014. PGN LNG, a unit of PGN […]
Christian Bruch illustrates the dimensions of the crisis. “We have the largest order backlog in the energy technology industry, and the success of the energy transition will require Siemens Energy ,” emphasized the head of the DAX group […]
Paul Driessen and I just finished a study on the impact of offshore wind developments on CO2 emissions, since emission reduction is their primary justification. Turns out global emissions from mining, processing, manufacturing and transportation offset […]
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