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Market Outlooks

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FastBlade staff at the facility's launch event (Courtesy of the University of Edinburgh/Photo by Lesley Martin)
Market Outlooks

World-class tidal blade test facility opens for business in Scotland

The world’s first rapid testing facility for tidal turbine blades, which researchers say can speed up development of marine energy technologies while helping to reduce costs, has opened for business in Scotland.

about 4 years ago
Greater Tortue Ahmeyim project
Market Outlooks

Europe eyes gas-rich African nations for new supplies, Rystad says

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Africa is conservatively forecast to reach peak gas production at 470 Bcm by the late 2030s, according to Rystad Energy research.

about 4 years ago
The first tidal turbine from Nova Innovation, named Flo, to be deployed in Canada (Courtesy of Nova Innovation)
Market Outlooks

Nova Innovation showcases tidal turbine ahead of installation in Canada

Scottish company Nova Innovation has welcomed Nova Scotia’s premier Tim Houston at its facilities to showcase the first turbine to be deployed in the waters of Petit Passage in July 2022.

about 4 years ago
Sustainable Marine's PLAT-I floating tidal energy platform in Nova Scotia (Courtesy of Sustainable Marine)
Market Outlooks

Sustainable Marine exports first floating tidal power to Nova Scotia grid

UK-based marine energy company Sustainable Marine has harnessed the enormous tidal currents in Canada’s Bay of Fundy, delivering the first floating in-stream tidal power to Nova Scotia’s grid.

about 4 years ago
Illustration/Aerial view of floating solar farm in China (Courtesy of DNV)
Market Outlooks

DNV moves to the forefront of floating solar industry standardization

DNV, an independent energy expert and assurance provider, has introduced two joint industry projects aiming to create comprehensive standardization guides for the floating solar industry.

about 4 years ago
Germany to draft law to accelerate the use of LNG
Market Outlooks

Germany unveils bill to accelerate the use of LNG

Germany has taken another important step to reduce independence from Russian energy imports by deciding to draft a law to accelerate the use of LNG.

about 4 years ago
Novige's scaled NoviOcean NO2 wave energy device (Courtesy of Novige)
Market Outlooks

Swedish start-up collects multi-million EU grant for full-scale wave energy device

Swedish company Novige has been selected by the European Climate, Infrastructure and Environment Executive Agency (CINEA) to receive a multi-million euro grant to build its full-scale wave energy device.

about 4 years ago
Rotterdam to provide 4.6 mt of hydrogen by 2030
Market Outlooks

Rotterdam to provide 4.6 mt of hydrogen by 2030

The Port of Rotterdam says it can, with companies, supply Northwestern Europe with 4.6 million tonnes of hydrogen annually by 2030. The consumption of 4.6 million tonnes of hydrogen allows for 46 million tonnes of CO2 reduction. It also increases Europe’s energy independence. This hydrogen amount is

about 4 years ago
Rystad: European LNG supply crisis expected for winter 2022
Market Outlooks

Rystad: European LNG supply crisis expected in winter 2022

Rystad Energy foresees the LNG crisis making landfall in winter 2022 for European countries dealing with energy insecurity due to Russia’s invasion of Ukraine.

about 4 years ago
Europe in push to meet growing demand for hydrogen
Market Outlooks

Europe in push to meet growing demand for hydrogen

European Commission, Hydrogen Europe, and relevant companies signed a joint declaration to set out a strategy to double the previous EU renewable hydrogen target to 10 million tonnes of annual domestic production and an additional 10 million tons of annual hydrogen imports.

about 4 years ago
Maersk sells three laid-up vessels for scrap
Market Outlooks

Maersk Supply Service sells three laid-up vessels for scrap

Maersk Supply Service has arranged to recycle three vessels as part of its strategy to optimise its fleet portfolio.

about 4 years ago
UK regulator mulling over divestment proposal as solution for Maersk-Noble merger
Market Outlooks

UK regulator mulling over rig sale proposal as solution for Maersk-Noble merger

The UK’s competition regulator might accept a remedy proposal, submitted in response to its concerns about the proposed Noble-Maersk merger.

about 4 years ago
Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says
Market Outlooks

Oil & gas firms’ profits set to smash records reaching $834 billion in 2022, Rystad says

Rystad Energy expects public E&P companies to break prior records as profits are set to reach a 70 per cent increase in 2022.

about 4 years ago
Yara
Market Outlooks

Yara mulls IPO of clean ammonia business

Norwegian chemical company Yara International is evaluating a potential initial public offering (IPO) of its Yara Clean Ammonia business (YCA) on the Oslo Stock Exchange.

about 4 years ago