Dec

Decarbonization

UK Backs Green Shipping Corridor Projects With Fresh Funding

The UK Government has decided to award funds for new green shipping corridor projects that could boost the use of sustainable fuels, secure more green jobs, and…

Oil & Gas Trade

China’s September Refinery Output Falls for the Sixth Straight Month

China's refinery output fell 5.4% last month versus a year earlier, official data showed on Friday, declining for a sixth consecutive month even with the st…

Crude Oil

U.S. Crude Oil Stockpiles Fall Unexpectedly

U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …

Oil&Gas Drilling

Totalenergies Expects Continued Refining Weakness, Lower Hydrocarbon Production

TotalEnergies TTE 0.76%increase; green up pointing triangle said continued pressure on refining margins would take a toll on its downstream results for the thir…

CCS

MOL to Investigate Ship Transportation of LCO2 for Kyushu West Offshore CCS Project

As informed, the research is commissioned by the Japan Organization for Metals and Energy Security (JOGMEC) as the Engineering Design Work for Advanced CCS Proj…

CCS

Trio Enriches Offshore Electrification of Oil & Gas Assets in UK and Norway With Carbon Capture

Three players – Amplus Energy, EnQuest’s Veri Energy, and Ocean-Power – have embarked on a decarbonization mission to bring offshore electrifi…

Wind Turbine

Wind-Powered, Diesel-Electric Amadeus Saffier Joins HGK Shipping

Amadeus Schiffahrts- und Speditions, a subsidiary of German shipping company HGK Shipping, has enhanced its charter fleet with Amadeus Saffier, a wind-powered d…

Offshore Wind Power

Ignitis Group to Participate in Lithuania’s Offshore Wind Auction

Ignitis Group, a Lithuania-based energy company, has decided to bid in the country’s second offshore wind tender.The tender, set to commence in mid-Novemb…

Solar project

Clean Energy to Become Largest Source of Power in Mid-2030s, Says Iea

Clean-energy sources are set to grow at a faster pace than global energy demand by the end of the decade, becoming the largest source of energy in the mid-2030s…

Nuclear Reactor

Amazon Joins Big Tech’s Foray Into Nuclear Power Amazon Joins Big Tech’s Foray Into Nuclear Power

Amazon.com AMZN -0.43%decrease; red down pointing triangle signed deals to back nuclear-power projects across the U.S., becoming the latest big tech company to …

Germany

Germany Earmarks $3 Billion for Decarbonisation Subsidies

Germany's Economy and Climate Minister Robert Habeck holds a press conference about the autumn economic projectionThe German government has earmarked up to …

Australia

Top Aussie Oil and Gas Firm Woodside Lifts Outlook After Record Q3 Production

A plant decorates the booth of Australian petroleum exploration and production company Woodside EnergyAustralia's top energy firm Woodside (WDS.AX), margina…

Oil & Gas Trade

TotalEnergies Expects Lower Q3 Results Amid Outages, Shrinking Refining Margins

French oil major TotalEnergies (TTEF.PA), opens new tab expects its third-quarter downstream results to sharply decrease due to a 65% drop in refining margins i…

Japan

North Star Wins First CSOV Deal

North Star has secured its first contract for a commissioning service operation vessel (CSOV)This award for the newbuild VARD 4 22 design Grampian Kestrel CSOV …

Offshore Wind Power

World’s First 26 MW Offshore Wind Turbine Rolls off Production Line

A 26 MW offshore wind turbine has been rolled off the production line by China’s Dongfang Electric Corporation (DEC) in Fuzhou, Fujian Province.The compan…