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Market Outlooks

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Post-merger with BHP, Woodside becomes largest energy player on ASX and top ten global independent
Market Outlooks

Post-merger with BHP, Woodside becomes ‘largest energy company on ASX’

Woodside has completed the merger with BHP, creating the “largest energy company listed on the ASX and a top ten global independent.”

about 4 years ago
Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean)
Market Outlooks

CorPower Ocean: Historic EU declarations pave way for rise of wave energy

In recent weeks, a series of historic declarations have been signed across Europe to accelerate offshore renewables, which are – according to CorPower Ocean – unleashing a wave of opportunities in the ocean energy sector.

about 4 years ago
Scaled tidal turbine being tested at SSPA (Courtesy of NEMMO)
Market Outlooks

NEMMO projects marks tidal power milestones as it enters final stage

The NEMMO research project is entering its final stage with progress made on the development of novel test rigs and composite materials for tidal turbine blades.

about 4 years ago
DFDS
Market Outlooks

DFDS: full steam ahead towards green transition

Danish ferry and logistics company DFDS aims to accelerate the company’s green transition from incremental steps to full climate neutrality.

about 4 years ago
Indian giant reveals roadmap with plans to invest almost $4 bln to step up exploration activities
Market Outlooks

Indian giant plans to invest $4 bln to step up its exploration game

ONGC intends to invest up to $4 bln in the next three years in a push to deliver on its bold new roadmap to boost its exploration activities.

about 4 years ago
ORPC’s RivGen device prior to installation in Igiugig, Alaska (Courtesy of ORPC)
Market Outlooks

US DOE selects eight marine energy projects for funding support

The US Department of Energy (DOE) has allocated $2.6 million for 13 marine energy and hydropower projects as part of its program that supports research and innovation in small businesses.

about 4 years ago
Jay Sheppard, project manager for Marine Energy Wales (Courtesy of Marine Energy Wales)
Market Outlooks

Op-ed: Tidal wave tapping into FLOW of capital

The All Energy Conference provided an opportunity to see where marine energy sits within the wider context of the energy sector as a whole, and there was plenty of food for thought in terms of what is needed to help the likes of wave and tidal go mainstream, writes Jay Sheppard, project manager for

about 4 years ago
Energy transition ramp-up did not derail oil & gas exploration in 2021, Westwood says
Market Outlooks

Energy transition acceleration did not derail oil & gas exploration in 2021, Westwood says

Westwood Global Energy reveals that oil & gas exploration remained resilient in 2021 undeterred by the accelerating energy transition.

about 4 years ago
IRENA assembly at 23rd council meeting (Courtesy of IRENA)
Market Outlooks

IRENA: Francesco La Camera up for re-election as call for inclusive energy transition reverberates

High-level delegates from 100 countries have discussed International Renewable Energy Agency’s (IRENA’s) medium-term strategy and director-general’s re-election at 23rd council meeting.

about 4 years ago
Orbital Marine's O2 tidal turbine (Courtesy of Orbital Marine Power)
Market Outlooks

Orbital Marine Power launches €4.7 million crowdfunding campaign

Scottish tidal energy company Orbital Marine Power has launched a £4 million (€4.7 million) crowdfunding campaign on Abundance Investment platform to take its business to the next stage.

about 4 years ago
UK regulator’s supply chain report sparks optimism with deals worth around $6.3 billion in the pipeline
Market Outlooks

UK regulator’s report signals bright outlook for supply chain with $6.3 bln of work in the pipeline

The UK regulator has revealed a report, which highlights a positive outlook for the supply chain with around $6.3 bln of work in the works.

about 4 years ago
The official inauguration of the 3MWp floating solar plant in Germany (Courtesy of Quarzwerke)
Market Outlooks

Germany’s largest subsidy-free floating solar plant comes online

Currently the largest subsidy-free floating solar project in Germany, the 3MWp power plant on the Silbersee III lake has been officially inaugurated and put into operation.

about 4 years ago
Minesto's Dragon 4 tidal energy device (Screenshot/Video by Minesto)
Market Outlooks

Minesto flies first Dragon Class tidal energy kite in Faroe Islands

Swedish marine energy company Minesto has successfully completed the first week of commissioning of its new Dragon 4 tidal power plant in Vestmanna, Faroe Islands.

about 4 years ago
Europe’s bold new energy plan and cost estimates could fail to live up to the hype, Rystad says
Market Outlooks

Europe’s bold new energy plan will need wartime-like planning to meet goals, Rystad says

Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.

about 4 years ago
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