The first two quarters of 2020 look very promising for the tanker markets, according to Nikolas Tsakos, President and CEO of Tsakos Energy Navigation (TEN). The estimate comes at a very turbulent time for tanker owners marked by oil price collapse after the fallout between Russia and OPEC countries
With WindEurope 2019 set for Kopenhagen, we take a look at the current offshore wind farm status in Denmark. In january of this year, we reported that the Government of Denmark had signed a Memorandum of Understanding with wind industry majors with the aim of strengthening and continuing the strong
More than a million jobs in the oilfield service industry (OFS) are likely to be cut in 2020 due to low project volumes brought upon by the Covid-19 epidemic and the ongoing oil price war, a Rystad Energy impact analysis shows, also revealing that shale services will bear most of the reductions.
Europe still leads the world in tidal energy installations, and European tidal stream projects generated 50 per cent more electricity in 2019 than the year before, according to statistics released by Ocean Energy Europe (OEE). European tidal stream capacity continued to climb in 2019, reaching 27.7
