World Energy News

No Subsidies, No Bids: Denmark Largest Offshore Wind Tender Falls Flat

In the wake of Donald Trump's election as U.S. President, all eyes have been trained on the U.S. Offshore Wind market and future, with his promise to stifle the U.S. Offshore Wind market in favor of oil and gas. But a recent lackluster performance from a leading Scandinavian country…
OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output.The soft state of global demand is by itself sufficient reason to justify the decision at this week's meeting of the group to defer winding back some of its production cuts until at least…
Alaska sues Biden Administration over ANWR Leases

The U.S. state of Alaska has sued the Biden administration for what it calls violations of a Congressional directive to allow oil and gas development in a portion of the federal Arctic National Wildlife Refuge (ANWR).Monday's lawsuit in the U.S. District Court in Alaska challenges…
Nigeria’s Refining Revolution is Reshaping West Africa’s Energy Landscape

The launch of the Dangote Refinery near the Port of Lagos presents an exciting opportunity to transform the energy and shipping markets in West Africa. And it stands to boost Nigeria’s role as an influential player in the global oil industry, fostering economic growth and regional…
NEO Energy and Repsol to Merge UK Oil and Gas Assets

NEO Energy and Repsol Resources UK have entered into strategic merger, creating one of the largest U.K. North Sea independent oil and gas companies under the name of NEO NEXT.Under the terms of the transaction, the combined business will be jointly owned by NEO (55%) and Repsol UK…

Latest news

Offshore Oil & Gas

UK Invests $71M in Scottish Port Expansion for Floating Wind

Britain will invest 55.7 million pounds ($71.45 million) in the Port of Cromarty Firth in Scotland to expand the facility to become a hub for floating offshore wind, the government said on Wednesday.Britain has a target to largely decarbonize its electricity sector by 2030 which will require a huge ramp up in renewable power like offshore wind.Using floating turbines, that are not fixed to the seabed like traditional wind farms, allows the projects to be much deeper out at sea, making them less

Shale Oil & Gas

Shell warns that Australia's gas reservations plan could worsen shortages

Shell warned Tuesday that Australia's proposal to force more gas from export onto the domestic market would end up discouraging investment and worsening shortages. Energy has become a major issue in the campaign ahead of Australia's general election on May 3. The conservative Liberal-National Coalition pledged to lower power bills and avoid a shortage on the East Coast through a reservation scheme. Shell Australia Chair Cecile wake said that export controls are not the best solution.

LNG

Wood Mackenzie: LNG for Power Generation Emits 'Significantly' Less Than Coal

Wood Mackenzie has published a new report comparing the life cycle emissions of LNG with those of coal for power generation, finding the combustion of coal is related to significantly higher emissions.Wood Mackenzie’s analysis in the report titled 'Shining a light on the ‘coal versus LNG emissions’ debate' reveals the lifecycle emissions of U.S. LNG are typically around 48% of the coal equivalent.

Renewables

German power prices are boosted by mixed wind signals

German spot power prices for Tuesday were more than twice as high as the French equivalent contract at the start of trading on Monday. This is because wind power supplies are down in Germany, but increasing in France. Demand in the entire region has also increased. By 848 GMT on Tuesday, the German baseload electricity for that day was priced at 97.50 euro ($105.58). The French power for that same day was priced at 45 euros/MWh. On Friday, neither contract was traded for delivery on Monday.

Technology

Nel, Kvaerner Pact on Green Hydrogen

Norwegian renewable energy firm Nel ASA has entered into a strategic agreement with the compatriot engineering and construction services company Kværner to collaborate on green hydrogen projects and the standardization of solutions for large scale hydrogen production plants.In the agreement, the companies have identified a range of projects on which to collaborate on moving forward. Work has already been initiated in order to jointly develop a standardized 20 megawatt H2 production module…

Legislation

Protecting Employees in High-Risk Environments

For any business, ensuring the health and safety of its employees should be the number one priority – what is more, it’s a legal requirement.This is especially true when a company has employees that need to work alone. Whether it be in construction, healthcare or the public sector, lone workers face unique risks and challenges that those working in a team often don’t experience. Therefore, proactive…

No Subsidies, No Bids: Denmark Largest Offshore Wind Tender Falls Flat

OPEC+ Passes on Oil Output Increase, Weighs the "Trump Effect"

Alaska sues Biden Administration over ANWR Leases

Nigeria’s Refining Revolution is Reshaping West Africa’s Energy Landscape

NEO Energy and Repsol to Merge UK Oil and Gas Assets

OMSI to Oversee Submarine Cable Installations for Belize's Energy Infrastructure

Germany Preps for More FSRU Vessels

OPEC+ Has Oil Price and Demand Problems. It Should Solve Demand

Latest news

Mexico's budget draft shows that the government expects economic growth of at least 1.5% by 2025.

Data shows that Russia's LNG imports fell by 1.2% year-on-year in the first quarter of 2018.

The price of gas in Europe is rising due to forecasts for cooler temperatures and Norwegian maintenance

UK's Serica Energy reduces production forecast for 2025 due to 'frustrating Triton' issues

Gas giants claim that Australia's opposition plan to reserve supplies may worsen the shortage

Finland's final active coal-fired heat and power plant closes

Tokyo Gas, Japan expands its US shale-gas business with Chevron

Shell sells Singapore refinery assets to Chandra Asri Glencore group

Miner Vale to receive $1 billion in Alianca Energia JV deal

Trump tariffs stymie M&As and IPOs during what was expected to be a record-breaking quarter

M&A revenues fall as Trump pursues his tariffs. Global deal activity is disappointing

Belgium's king meets Vietnam's leaders, hydrogen deals signed

Offshore Oil & Gas

UK Invests $71M in Scottish Port Expansion for Floating Wind

Baker Hughes: US oil & gas rig count at lowest since Dec 2021

RODA responds to Trump EO on Offshore Wind & Permitting

European firms exposed as Trump targets US offshore wind

Shale Oil & Gas

Shell warns that Australia's gas reservations plan could worsen shortages

US oil production dropped to an 11-month low, according to data.

The LAPFF in Britain recommends voting against BP Chairman, annual report

India increases gas prices starting April

LNG

Wood Mackenzie: LNG for Power Generation Emits 'Significantly' Less Than Coal

Germany builds up LNG import terminals

Trump's complaint about the trade deficit with EU and what could come next

US NatGas Demand Could Hit Record High

Renewables

German power prices are boosted by mixed wind signals

Brazil's Eike Batista eyes new $500 mln Gulf investment in 'supercane' project

Varo purchases Swedish refiner Preem as part of a bet on biofuels

On Monday, expect a rise in wind pressure.

Technology

Nel, Kvaerner Pact on Green Hydrogen

Alphabet Winds Down Makani

CMA CGM Joins Energy Observer in Hydrogen Project

Toshiba Delivers Fuel Cell System to Ship

Legislation

Protecting Employees in High-Risk Environments

VLCC Rates Spike as US Sanctions Bite

USDoI: ANWR Drilling Auction Yields no Bids

Additional Sanctions Possible for Russian Oil tankers

Medical Services Officer

Damage Control Officer- Mixed Work Schedule

Third Officer - Mixed Work Schedule

Second Officer

Second Officer - Mixed Work Schedule