While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.
Petronas has inked a PSC for a block onshore and offshore East Java, Indonesia to develop and explore the block’s hydrocarbon potential.
To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.
A Spain-based renewable energy developer has submitted an application for a 30-year maritime concession in the Ionian Sea, offshore Calabria in Italy, where the company wants to build a floating wind farm.
UN Coordinator has urged the public to help with funding to head off a decaying oil tanker threat and prevent an oil spill in the Red Sea.
The EU Council has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition.
ConocoPhillips has secured a drilling permit from the country’s authorities for a wildcat well located in the North Sea offshore Norway.
Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power, has commissioned 101.6MWp floating solar project in Kayamkulam in Kerala – India’s largest such project to date.
The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.
Ocean Renewable Power Company (ORPC) has signed an agreement with the Municipality of Chile Chico in the Aysén region of Patagonia to install a RivGen power system in the area in 2023.
Equinor has secured a permit from the country’s authorities for the drilling of a wildcat well, located in the Norwegian Sea.
The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.
Time is running out for the European Union to meet its 100 MW ocean energy deployment target by 2025, Ocean Energy Europe (OEE) has warned.
After an oil spill led to a production halt at a Jadestone-operated field off Australia, NOPSEMA intends to keep an eye on the situation.
