Orsted cuts 2030 investment plan by 25%
Orsted, a Danish renewable energy company, announced on Wednesday that it had decided to reduce its 2030 investment plan by 25% as the offshore industry struggles with rising costs and issues in the supply chain.
Gas prices in Europe are lower due to milder temperatures
The prices of Dutch and British gas wholesale fell on Friday as the forecast for milder weather curbed demand. According to LSEG, the benchmark front-month contract for the Dutch TTF hub had fallen 0.30 euros at 46 euros per Megawatt Hour (MWh)…
Japan Gas Lobby urges stronger diplomatic efforts to drop LNG Destination Clauses
The head of Japan Gas Association urged on Friday the government to intensify diplomatic efforts in order to eliminate destination clauses from long-term contracts for liquefied gas. This would allow the government…
Nuclear roadblock to EU's new renewable energy target
On Monday, pro-nuclear countries expressed their opposition to the European Union's plans for a renewable energy goal. They said they would not support a goal which excluded atomic energy. Nuclear power is a controversial…
NOIA Reacts as BOEM Announces Next Steps for GoM Oil & Gas
National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) released the Draft Programmatic Environmental Impact Statement…
Philippines communities challenge dash for fossil gas
The government claims that LNG is an alternative to coal, and the capacity to generate it is required to meet the energy demands of Luzon Island, which is also home to Manila, the capital city, located 110 km (68 mi) north.
Australia should be leading the energy transition. But is it missing out? Russell
Australia's abundance of minerals and renewable energy, stability of government, and proximity to Asia's growing markets makes it a country that is well-positioned to benefit from the energy transition. The mood…
Australia should be leading the energy transition. But is it missing out? Russell
Australia's abundance of minerals and renewable energy, stability of government, and proximity to Asia's growing markets makes it a country that is well-positioned to benefit from the energy transition. The mood…
METI official: Japan could increase LNG purchases for emergency reserves to almost 1 million T per year.
An official from the industry ministry stated that Japan may increase its purchases of LNG for emergency purposes to at least twelve cargoes per year, up from the current three, in order to protect against supply shocks.
Wind energy lobby: Spain needs more wind energy, faster
Rocio Scre, President of the wind energy lobby AEE said that Spain must accelerate its rollout of new projects if it wants to reach its 2030 goal of doubling current capacity. The group calls on policymakers for a streamlined permissions process…
Developments in Clean Hydrogen Production
The recent release of proposed regulations to the Clean Hydrogen Production Credit by the U.S. Department of the Treasury and IRS has stirred significant interest in the energy sector. These changes mark a pivotal moment in advancing towards a cleaner…
Jordan LNG terminal awarded to AG&P consortium
A company statement said that the Singapore-based Atlantic, Gulf and Pacific, as part of a group, was awarded a contract for building an LNG terminal onshore in Jordan. The onshore Sheikh Sabah Al-Ahmad Al-Jaber…
Blue Hydrogen: A Key Player in the Future of Energy Transition
The energy sector is undergoing a transformation, with a growing focus on cleaner energy sources and technologies that reduce greenhouse gas emissions and contribute to a more sustainable future. In this context…
Molten Salt Reactors: Maritime’s Nuclear Option
A race is being run by nuclear scientists and ship designers. The prize? “Decarbonization’s” holy grail — believed to be a “small” thorium-fueled, molten-salt rector’s unlimited power to propel sea trade. At the same time…
Tech Feature: Next-Generation Maritime Electrical Solutions Today
Asbjørn Halsebakke of Yaskawa Environmental Energy/The Switch discusses the application in maritime for the company’s new generation DC-Hub with its unique Electronic DC Breaker (EDCB) and Electronic Bus Link…
Samsung Heavy Industries, Seaborg Partner to Develop Floating Nuclear Power Plant
As the world increasingly searches for a means to reduced carbon footprint, compact floating nuclear power plants are emerging as a serios contender. To this end, Samsung Heavy Industries (SHI) and Seaborg signed…
Vattenfall Shortlisted for 1 GW French Offshore Wind Tender
France has shortlisted Swedish utility Vattenfall and its two partners to bid in a tender to develop an offshore wind farm with a capacity of about 1 gigawatt (GW) off Normandy, the company said on Tuesday.Vattenfall…
Inside the Red-Hot Offshore Wind Energy Market
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale…
Port Technology: 3 Ways Propane Equipment Boosts Productivity, Bottom Line
Propane port-side equipment offers superior performance, versatilityThe relationship between U.S. ports and America’s economic vitality is undeniably important. Martin Associates, a leading provider of economic…
Renewable Energy: The Tides Help Power Cars in Scotland
Nova Innovation announced that vehicles in Shetland are now fueled by the power of the sea, courtesy of the creation of the first ever electric vehicle (EV) charge point where drivers can ‘fill up’ directly from…
