The labor market is on lockdown since the start of the corona crisis, however the first signs of change are starting to appear.
The North Sea has been a cash cow for the UK and Norway contributing to their economies for over half a century.
Italian oil major Eni is expecting to report impairments of around 3.5 billion euros (around $3.96 billion) as a result of a lower outlook for energy prices.
Eleven years ahead of schedule, Taiwanese shipping company Yang Ming Marine Transport Corporation managed to accomplish the International Maritime Organization (IMO) target of reducing carbon intensity by at least 40 per cent by 2030.
Offshore wind could become a $ 1 trillion industry over the next two decades, and renewable energy in general will create an investment opportunity of between $ 8 trillion and $ 16 trillion by 2030, according to some of the reports recently published. Meanwhile, oil & gas giants are making concrete
The Petroleum Safety Authority (PSA), Norway’s offshore safety regulator, has approved two offshore drilling projects.
The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and will have lasting impacts once the pandemic dissipates but on its own will not be enough to advance the world’s progress towards the Paris climate ambitions, classification society DNV GL said.
Ireland needs to install 1 GW of offshore wind energy capacity by 2025 if it is to meet the new Irish government’s target of 5GW of installed offshore wind by 2030, SSE Renewables said. Paul Cooley, Director of Capital Projects at SSE Renewables, told the Energy Ireland ‘Offshore Energy Conference’
The COVID-19 pandemic has been an eventful time during which many steps were taken by governments, political organizations, the EU, and oil companies to plan a faster, more efficient, and more impactful energy transition. Here we look at a sequence of events working in favour of the transition to gr
The Finnish technology group Wärtsilä, is set to start the world’s first long term, full-scale, testing of ammonia as a fuel in a marine four-stroke combustion engine.
BP has agreed to sell its global petrochemicals business to INEOS for a total consideration of $5 billion. It is the next strategic step in focusing portfolio as part of reinventing BP.
The Henry Hub average daily natural gas spot price has hit its lowest level since December 1998.
Oil and gas services company Danos has won a contract from Dutch-Anglo oil major Shell for the provision of a production workforce across Shell’s assets in the Gulf of Mexico.
German transmission system operator Amprion has presented a concept for connecting offshore wind farms across Europe. The Eurobar (European Offshore Busbar) concept aims to integrate offshore wind power into the European power grid so that it makes the best possible contribution to climate objective
