Sweden's Lundin Energy has sold to Italian refiner Saras what it said is the world's first oil cargo certified as carbon neutral at the point of production, the two companies said on Monday.Oil companies are increasingly trying to market their…
New York City on Thursday sued three major oil companies and the top industry trade group in state court, arguing that the companies are misrepresenting themselves by selling fuels as 'cleaner' and advertising themselves as leaders in fighting climate change…
Japan plans to cut approval times for wind projects, open up abandoned farmland, boost grid capacity and other measures to slash red tape that has for decades impeded efforts to bring more renewable energy into the power mix.Actions to reduce…
Offshore wind (OSW) energy is a new focus for the U.S. under President Biden, who highlighted it in his January 27, 2021 Executive Order on climate. Since then, there have been several new supporting developments:Rulings by the Customs and Border Patrol (CBP)…
Tekmar Energy has won a contract with cable manufacturer ZTT to supply its Cable Protection Systems (CPS) for the Gode Wind 3 high-voltage grid connection project in Germany.The 16km long subsea cable is scheduled for installation in 2023 and…
U.S. oil giant Chevron Corp lobbied lawmakers and government officials to protect its energy interests in Myanmar during the first quarter, as the administration of President Joe Biden comes under pressure to impose sanctions against the south Asian country’s military junta…
Equinor must fix a series of rule breaches exposed by a fire at its Melkoeya liquefied natural gas (LNG) plant in Norway last year for the plant to reopen, the country's safety watchdog said on Thursday.The September 2020 blaze shut down production at the plant…
Ocean Power Technologies, Inc. (OPT) said Thursday that Enel Green Power (EGP) has deployed OPT's PB3 PowerBuoy off the coast of Las Cruces, Chile to support the country’s transition to clean energy.OPT’s PB3 PowerBuoy converts wave motion into…
Norwegian oil and gas firm Equinor is on track to have over 35% of its total oil and gas production base by 2025 powered from shore, GlobalData, a data and analytics company said Thursday, citing Equinor's active and upcoming electrification projects across the Norwegian Continental Shelf…
Dutch company Barge Master has developed a motion-compensated feeder solution for the next generation of offshore wind turbines, called BM-Feeder.The company said that its motion-compensated platform with its adjustable payload capacity is capable of 'feedering' all turbine components…
CGX Resources, an oil and gas company with offshore blocks in Guyana, has awarded Maersk Drilling a one-well rig contract.The Danish offshore drilling contractor said Thursday that CGX would use its semi-submersible drilling rig Maersk Discoverer…
dCarbonX, a company looking to develop offshore geothermal energy and storage sites for CO2, hydrogen, and ammonia in Ireland and UK has signed a strategic agreement with CGG, a company specializing in the provision of seismic data for oil and gas exploration…
China's national offshore oil and gas producer CNOOC Ltd reported on Thursday its first-quarter revenue surged 21% on year on recovering oil and gas prices and higher sales.Revenue was 48.34 billion yuan ($7.45 billion) over the January-March period…
Norwegian offshore shipowner Havila Shipping has won a contract with Equinor for one of its platform supply vessels.The company said Thursday the PSV Havila Clipper would start working rot the Norwegian oil giant in direct continuation of the existing contract…
Oil and gas company Neptune Energy has started drilling production wells on the Duva field in the Norwegian sector of the North Sea.Neptune is using the Deepsea Yantai a semi-submersible rig operated by Odfjell Drilling to drill four production well on the Duva field…
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