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Authorities & Government

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More acreage for Polish player off Norway boosts its strategy for ‘diversification of gas supplies’
Authorities & Government

Following plans to scale up gas production, Polish player secures more Norwegian acreage

PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.

about 4 years ago
Ecopetrol and U.S. player embarking on hydrocarbon quest in four deepwater blocks off Colombia
Authorities & Government

Ecopetrol and U.S. player embarking on hydrocarbon quest in deep waters off Colombia

In a bid to strengthen offshore exploration, Ecopetrol has joined forces with Occidental to search for hydrocarbons in four Colombian blocks.

about 4 years ago
The newly appointed and re-elected members of RenwableUK’s board of directors (Courtesy of RenewableUK)
Authorities & Government

RenewableUK elects new board members

RenewableUK has announced the results of its latest board election held last month, appointing or reappointing four members to the board of directors.

about 4 years ago
Enauta expects to boost oil output from Brazilian field following extension to 2044
Authorities & Government

Enauta expects to boost oil output from Brazilian field following term extension

Enauta has been granted an extension of the concession agreement for a field off Brazil, enabling it to ramp up output and increase reserves.

about 4 years ago
Norway ramping up gas deliveries this year amid high prices
Authorities & Government

Norway’s new estimate of gas deliveries for this year sees 8 pct increase from last year

Norway’s Ministry of Petroleum and Energy has revealed a higher estimate for gas deliveries from the fields on the Norwegian shelf in 2022.

about 4 years ago
UK to rake in over $9.6 billion in tax this year from oil & gas operators
Authorities & Government

UK to get over $9.7 billion in tax this year from oil & gas operators, trade body says

UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.

about 4 years ago
A photo of the Ministers of Energy of Belgium, Denmark, Germany and the Netherlands and the President of the European Commission at the Port of Esbjerg
Authorities & Government

New offshore wind targets to fuel REPowerEU green hydrogen ambitions

The 150 GW of offshore wind capacity pledged to be reached by 2050 by Belgium, Denmark, Germany, and the Netherlands under the Esbjerg Declaration, signed on 18 May at the North Sea Summit, will contribute to large-scale onshore and offshore production of green hydrogen, one of the focal points of t

about 4 years ago
Kevin Rebenius presenting before the Swedish Parliament (Courtesy of CorPower Ocean)
Authorities & Government

CorPower Ocean goes before Swedish Parliament to spotlight wave power benefits

CorPower Ocean has spoken at the Swedish Parliament to build awareness of the future potential of wave energy amongst the nation’s policy makers.

about 4 years ago
Illustration/CorPower’s C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)
Authorities & Government

Ocean Energy Europe: REPowerEU as new innovation stepping stone for renewables

Ocean Energy Europe (OEE) has welcomed the European Commission’s REPowerEU initiative, which at its heart endorses a massive and accelerated roll-out of renewables.

about 4 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean
Authorities & Government

Esbjerg declaration: Industry sees wave energy as ‘natural partner’ to offshore wind and solar

The representatives of ocean energy associations have called both the Danish and Dutch governments and parliaments to also integrate wave energy in the energy strategy for the North Sea region by setting both national and regional deployment targets.

about 4 years ago
EU ETS
Authorities & Government

Outpacing global regulator, EU moves to introduce carbon pricing for shipping and Ocean Fund

The European Parliament’s Environment Committee (ENVI) has voted to adopt the European Commission’s proposal to include shipping in the EU Emissions Trading System (ETS), surpassing the (in)activity of the UN maritime body, the International Maritime Organization (IMO), to introduce a similar system

about 4 years ago
Ursula von der Leyen - REPowerEU
Authorities & Government

EU sets out plan to tackle double whammy of dependence on Russian fossil fuels and climate crisis

The European Commission has presented a plan on how the EU can rapidly reduce its dependence on Russian fossil fuels and fast forward the green transition.

about 4 years ago
EU ETS
Authorities & Government

EU Parliament votes for EU ETS reform to combat climate change

On 17 May 2022, Members of the European Parliament (MEPs) voted in favour of amendments to the EU Emissions Trading System (EU ETS) in the Environment Committee.

about 4 years ago
Nova Innovation cheers selection of Yell for Carbon Neutral Islands project
Authorities & Government

Nova Innovation cheers selection of Yell for Carbon Neutral Islands project

Tidal energy pioneer Nova Innovation has welcomed the Scottish Government’s move to select Yell in Shetland as one of six islands included in its Carbon Neutral Islands (CNI) project.

about 4 years ago
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