There are many reasons why Labour’s proposed ban on new North Sea oil and gas development, but one of the most powerful is the loss of potential tax revenue. According to the OBR, North […]
By Greg Miller of FreightWaves Container lines are facing a triple whammy: Freight rates are weak — below breakeven in some trades — and show no signs of rising. New ships are flooding the market. […]
Ever since Democrat Janet Mills was elected governor of Maine in 2018, she has been a strong advocate for renewable energy in general and wind energy in particular. The state has tremendous potential for wind production, […]
The companies, located across Norfolk, Suffolk, and Essex, that will be part of the programme are: Extend Robotics, Fern Communications, Recyclatrack, Exo Engineering, Urban XR, Aquaterra Energy, Front Technologies, Mission Zero Technologies, and Haven Dredging. Each of […]
UAE-based drilling giant ADNOC Drilling has secured long-term contracts for five jack-up rigs, totalling approximately $2 billion, in support of ADNOC Offshore’s increasing drilling operations for accelerated production capacity growth. ADNOC Drilling confirmed the award […]
China has delivered its first smart floating production storage and offloading (FPSO) with land-sea integrated operation system, marking a breakthrough in the country’s application of the digital twin technology. The offshore oil and gas FPSO with a […]
There has been a consistent narrative that the cost of building new wind farms is falling, with falling subsidy prices being offered as evidence. I have challenged this narrative in the past, pointing out that evidence from […]
The company aims to increase production capacity from the current output of nearly 90,000 barrels of oil equivalent per day (boepd) to more than 500,000boepd by 2033. Norwegian oil giant Equinor is planning to boost oil production […]
El Salvador is ready to host one of the world’s most significant bitcoin mining facilities using eolic and solar energy sources. The project will be based in the western department of Santa Ana and is expected to […]
Last year, the Biden administration set an ambitious new goal for the USA: to deploy 30 gigawatts (GW) of offshore wind capacity by the year 2030, increasing US offshore capacity more than seven hundred times over. The […]
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