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Oil Price

Bezos Slams Biden’s Call For Gasoline Stations to Cut Prices

Jeff Bezos renewed his spat with the White House over the weekend, as the world's third-richest person criticized President Joe Biden for calling on companies r…

Offshore Wind Power

RWE and Bourbon Partner for French Floating Offshore Wind Auction

They have signed a partnership agreement and applied to be selected as eligible bidders for the A06 tender, under which two sites for floating offshore wind wil…

Crude Oil

Macron Tells Biden That Uae, Saudi Can Barely Raise Oil Output

Two top OPEC oil producers, Saudi Arabia and the United Arab Emirates, can barely increase oil production, French President Emmanuel Macron on Monday said he ha…

Offshore Wind Power

Biden, 11 U.S. States to Boost Support for Offshore Wind Energy

The Biden administration is partnering with 11 East Coast states to accelerate development of offshore wind facilities and create jobs by supporting a domestic …

Hydrogen Production

Norway’s Equinor Seeks UK Funding for 1.2 GW Low-Carbon Hydrogen Plant

Norwegian energy company Equinor has submitted a funding bid to build a second major low-carbon hydrogen production facility in northeast England.

Hydropower Plant

South Korea’s LG Chem Plans to Build Hydrogen Plant to Cut Carbon Emissions

South Korea's LG Chem Ltd said on Monday it planned to build a hydrogen plant in South Korea to produce 50,000 tonnes of hydrogen annually by the second quarter…

Crude Oil

U.S. Steps up Heavy Crude Imports as Biden Blasts Profiteering

U.S. refiners last month imported the most heavy crude in nearly two years, customs data showed, as they cranked up motor fuel production and sought to replace …

Offshore Wind Power

Shell Bids to Bring Offshore Wind Power to the Polish Baltic Sea

Amber Baltic Wind Ltd, a wholly owned subsidiary of Shell, has submitted proposals for new offshore wind locations in the Polish Baltic Sea zone as part of the …

Oil&Gas Drilling

Biden: “Exxon Made More Money Than God This Year”

The US President has slammed the oil sector over huge profits amid the energy crisis.

CCS

Three Companies Seek Permits for Carbon Storage off Norway

CapeOmega, TotalEnergies and Wintershall Dea submitted bids to store carbon dioxide on the Norwegian continental shelf

CCS

UK Launches First CO2 Storage Licensing Round, Bidding to Be ‘Global Leader'

The UK on June 14 launched its first CO2 storage licensing round aimed at supplementing existing licenses and becoming a "global leader" in the field, with as m…

Carbon Emissions

EDF Renewables Wins Three Solar+Storage Contracts in New York

EDF Renewables North America has announced three solar projects were awarded long-term contracts by New York State Energy Research and Development Authority as …

Natural Gas

Petroecuador Opens Tenders for Offshore Field, Refinery Modernization

Ecuadorean state-run oil company Petroecuador on Thursday announced two auctions, hoping to attract private company bids for a flagship offshore natural gas fie…

Oil Price

Biden’s Trip to Saudi Arabia Won’t Solve the Oil Market’s Problems

Some observers expressed hope that a trip by President Biden to Saudi Arabia could spark more production and bring prices down.

Hydrogen Production

Biden Fudges Clean H2 Definition as $8BN in Funding for US Hydrogen Hubs Inches Closer

DOE will not inclThe US Department of Energy (DOE) will “give preference” to hydrogen hub projects with the lowest lifecycle greenhouse gas (GHG) emissions as…