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Gas
Oil Exploration
Brazil’s First as Fugro and Petrobras Complete Remote Subsea Inspection Survey
Dutch geo-data specialist Fugro and Brazilian oil and gas giant Petrobras have completed what they said is the first-ever remote subsea inspection survey off th…
Offshore Wind Power
Seajacks Scylla Mobilising for Hollandse Kust Noord, Kraken Changing Out of Oil & Gas Attire Ahead of Offshore Wind Work
Jack-up vessels Seajacks Scylla and Seajacks Kraken are currently moored in two Dutch ports, where they are being mobilised for offshore wind projects.Seajacks …
Oil & Gas Supply
Biden Administration Approves Alaska Oil Drilling Project
Environmental groups fear for Alaska's wildlife. Photo: Eric FisherPresident Joe Biden's administration on Monday approved an oil drilling project on Al…
Offshore Wind Power
US President Proposes More Money for Offshore Wind Activities and No Tax Subsidies for Oil and Gas in 2024 Budget
On 9 March, the Biden-Harris administration released the President’s Budget for Fiscal Year (FY) 2024, with funds for federal agencies’ activities i…
LNG
Bahrain Explores Constructing LNG Export Facility
Bahrain aims to slash domestic natural gas consumption under a plan to decarbonize its economy and is exploring ways to export the fuel to international markets…
Carbon Neutral
EU Agrees Diplomatic Push for Fossil Fuel Phase Out Ahead of COP28
The bloc has made achieving a global phase out of coal, oil and gas “well ahead of 2050” a priority of its climate diplomacy
Gas power plant
Germany Plans to Build 25 GW of New Gas-Fired Capacity by 2030
The German government intends to put up for auction gas power plants in 2023 as part of a strategy to add between 17 GW and 25 GW of gas-fired power capacity as…
LNG
MARKET INSIGHT - INTERMODAL
Uncertainty over the recovery of Chinese demand, demand destruction in Europe, as well as weather conditions will pivot the LNG market this summer. Global LNG s…
Oil & Gas Supply
Global Liquid Fuel Production to Outpace Demand
The U.S. Energy Information Administration expects global liquid fuel production to outpace demand in 2023 and 2024.The U.S. Energy Information Administration (…
Natural Gas
Premium Grows for US Gas Certified as 'Low-Emission'
Global buyers are increasingly willing to pay more for US natural gas that has been certified as low-emission, top industry officials agree, although the market…
Solar Power Plant
Masdar Signs Agreement With Ivory Coast to Explore Development of Solar Power Plant
Masdar and Ivory Coast officials at the signing ceremony. Photo: MasdarThe deal is a part of the UAE’s Etihad 7" programme, which seeks to finance renewab…
Oil Price
Aramco’s Profit Soars 46% To Record $161BN on Higher Oil Prices
Aramco oil tanks in Abqaiq, Saudi Arabia. The state energy company will raise crude production to 13 million barrels per day by 2027.Saudi Aramco, the world'…
Electric Car
Mythbusting: “Electric Cars Are No More Climate-Friendly Than Ordinary Cars!”
An electric car that uses electricity from clean, renewable sources produces no greenhouse gas emissions. A petrol-powered vehicle emits on average two tonnes o…
Oil Price
Biden Sets Sights on Scrapping Oil and Gas Subsidies
The Biden administration is planning to eliminate subsidies for the oil and gas industry in its next budget, Reuters has reported, citing a White House document…
Oil&Gas Drilling
Eco Atlantic Notes Africa Oil Corp. Compliant Report on Offshore South Africa Exploration Blocks
(WO) – Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company focused on the offshore Atlantic Margins, has noted Africa Oil Corp.’s pub…
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