A slow recovery from the Covid-19 pandemic or a deeper slump could delay a complete rebound in the world’s energy demand to 2025, the International Energy Agency said on Tuesday.
World oil demand will plateau in the late 2030s and by then begin to decline, the Organization of the Petroleum Exporting Countries (OPEC) said in its 2020 World Oil Outlook.
Humankind achieved its first interstellar flight in 2063 with a spacecraft powered by a warp drive, based on a matter-antimatter system fuelled by deuterium, a hydrogen isotope, and its antimatter equivalent. This is according to Star Trek, a series famous for featuring several things we might take
Rating agency Moody’s has upgraded the outlook on the ratings of the world’s largest container shipping company Maersk from negative to positive. Concurrently, Moody’s affirmed the Baa3 long-term issuer rating of the company. “Following a very strong performance amidst the global pandemic by the con
TruMarx Data Partners have named Janine McArdle, CEO and founder of APEX Strategies to its Advisory Committee.
Total has bought a 20 per cent stake in the EolMed floating wind pilot project in France, located in the Mediterranean Sea, off the coast of Gruissan and near Port-La-Nouvelle. The 30 MW EolMed will feature three MHI Vestas 10 MW turbines installed on Ideol’s Damping Pool floating foundation and is
UK Prime Minister Boris Johnson has set out commitments to ensure that offshore wind will produce more than enough electricity to power every home in the country by 2030, based on current electricity usage, boosting the government’s previous 30 GW target to 40 GW. The commitments, part of the Build
The COVID-19 pandemic and the resulting crew change crisis combined with the latest cyber-attack hitting the headlines have made it quite difficult for the International Maritime Organization (IMO) to advance its decarbonization goals this year. The efforts haven’t been completely derailed, on the c
Volvo Trucks has noted a rise in interest in suing liquefied natural gas as fuel in heavy-duty transport in Europe.
SMEs operating in the UK’s £7.8-billion subsea supply chain are cautiously optimistic about the next six to twelve months, according to the findings published today by the industry body Subsea UK. Subsea UK recently surveyed its smaller member companies to find out how they were dealing with the fal
Driven by digital technologies, Equinor has increased its earnings by more than NOK 2 billion since the start of production from its Johan Sverdrup field, located in the North Sea.
Of the three offshore wind farms that Denmark decided to tender as of this year in its Energy Agreement from 2018, the last one planned to be offered for development has recently been added to the 5 GW offshore energy islands plan in a new Energy Agreement in 2020. The two energy islands are expecte
French oil and gas major Total has moved to transform itself into a broad energy company as part of its efforts to become a leader in the renewable energy sector and get to net-zero by 2050.
Offshore drilling contractor Seadrill Limited has appointed Stuart Jackson as its new Chief Executive Officer (CEO).
