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Regulation & Policy

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FPSO Petrojarl Knarr is expected to work at Equinor's Rosebank field; Source: Altera Infrastructure
Regulation & Policy

Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put the fossil fuel industry out of commission.

about 1 year ago
Brage platform; Source: OKEA
Regulation & Policy
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North Sea oil & gas project named after Odin’s mother from Norse mythology gets the go-ahead

OKEA has received the Norwegian government’s blessing to move forward with its plan for the development and operation (PDO) of an oil and gas field in the North Sea off the coast of Norway, which will be tied back to an existing platform.

about 1 year ago
USA: Blue Water gets FTA LNG export permit from DoE
Regulation & Policy

US grants $2.2 billion to two regional clean hydrogen hubs

As part of President Biden’s ‘Investing in America’ agenda, the U.S. Department of Energy (DOE) has awarded up to $2.2 billion to two regional clean hydrogen hubs.

about 1 year ago
Europe likely to miss its 2030 renewable hydrogen targets, ACER says
Regulation & Policy

Europe likely to miss its 2030 renewable hydrogen targets, ACER says

Hydrogen projects face risks from uncertainties of future hydrogen demand and high costs, and the EU is likely to miss the 2030 strategic goal of 20 Mt renewable hydrogen consumption, according to a hydrogen monitoring report from the European Union Agency for the Cooperation of Energy Regulators (A

about 1 year ago
Illustration; Credit: OEUK
Regulation & Policy

UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033

Offshore Energies UK (OEUK) has outlined in its new report that decommissioning work could account for 22% of the cumulative oil and gas spend over the next ten years.

about 1 year ago
Tender opens for Greece's second HVDC cable system
Regulation & Policy

Tender opens for Greece’s second HVDC cable system

Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f

about 1 year ago
An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023
Regulation & Policy

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago
With accreditation in place, Seaspan eyes start up of Vancouver-based LNG bunker hub
Regulation & Policy

With accreditation in place, Seaspan eyes start up of Vancouver-based LNG bunker hub

Canadian shipowner Seaspan has received the first LNG bunkering accreditation issued by the Vancouver Fraser Port Authority (VFPA), becoming authorized to conduct ship-to-ship bunkering for LNG-fueled vessels calling at the Port of Vancouver. Harly Penner, Senior Vice President of Seaspan Energy, de

about 1 year ago
European Commission
Regulation & Policy

Funding for EU’s second hydrogen auction increases to around €2 billion

Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024.

about 1 year ago
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Regulation & Policy

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
EU to tighten the noose on Russia’s ‘shadow fleet’
Regulation & Policy

EU to tighten the noose on Russia’s ‘shadow fleet’

The European parliamentarians have called on the EU to impose “more targeted” sanctions against Russia’s so-called ‘shadow fleet’.

about 1 year ago
Call issued for renewables investments in Africa
Regulation & Policy

Call issued for renewables investments in Africa

European Commission President Ursula von der Leyen and South African President Cyril Ramaphosa have launched the global campaign ‘Scaling up Renewables in Africa’ during the Global Citizen NOW event in Rio de Janeiro, Brazil.

about 1 year ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Regulation & Policy

Russian gas and LNG play ‘major’ part in global energy security, Gazprom says

Russia’s giant Gazprom has highlighted the contributions its gas is making to oil the wheels of global energy security while discussing the size of the hand its gas and liquefied natural gas (LNG) supplies have in the worldwide energy mix.

about 1 year ago
Green light from Ofgem for 2 GW subsea electricity superhighway
Regulation & Policy

Green light from Ofgem for 2 GW subsea electricity superhighway

UK energy market regulator Ofgem has greenlit the Eastern Green Link 1 (EGL1) electricity superhighway by awarding a £2 billion funding package for the construction of the project. The 2 GW EGL1 HVDC multi-directional cable is being developed by National Grid Electricity Transmission (NGET) and SP T

about 1 year ago