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

Britain Emphasizes Collaboration on Energy Security at Global Summit

Britain urged closer international cooperation to improve energy security on Thursday, telling dozens of other governments and business leaders that they would otherwise be vulnerable to those who were willing to weaponise supplies.Security of energy supply shot up the agenda of countries around the world after Russia's full-scale invasion of Ukraine in 2022 drove up global prices and pushed the EU to curb its reliance on Russian fuels."Energy security is national security...

Shale Oil & Gas

Indonesia wants fair and square trade in US tariff discussions

Indonesia's senior economic minister, and its top negotiator, said that it is prioritizing its national interests in ongoing negotiations about U.S. Tariffs. It wants to have a "fair-and-square" trade relationship. Airlangga hartarto, head of the delegation, and Sri Mulyani indrawati, finance minister, have been in the United States for the last week, negotiating proposed tariffs of 32% that the U.S. would like to impose upon Indonesia. The tariffs were put on hold for 90-days.

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

RWE has ceased offshore wind activity in the United States

RWE's CEO stated in a speech draft published in advance of the annual general meeting that the company has temporarily halted its offshore wind activities in the United States due to the regulatory uncertainty caused by the Trump administration. Markus Krebber's comments highlight the challenges facing European energy companies on the U.S. Offshore Wind Market, which is a major target of Trump’s energy policy. Trump compared wind turbines earlier this year to "garbage". Following a U.S.

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

RODA responds to Trump EO on Offshore Wind & Permitting

The Responsible Offshore Development Alliance (RODA) extends gratitude to President Trump for his decision to temporarily withdraw all areas on the Outer Continental Shelf (OCS) from consideration for new or renewed wind energy leasing.This important move recognizes the vital role our communities, industries, and ecosystems play in the broader national interest. The decision is a much-needed pause…

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

Baker Hughes reports that US drillers added oil and gas rigs in the US for a second consecutive week.

Strategie Grains trims sunseed to keep EU rapeseed forecast.

National Bank of Ukraine: Ukraine will need $2.9 billion in 2025 to purchase gas

Buildings damaged in Ecuador by earthquake of magnitude 6.3

Total and Shell back out of carbon storage project in the Netherlands

Enagas' chief executive says that Spain's national hydro network plan is ahead of schedule

Palm oil gains on stronger edible oils and logs weekly gain

Russia will supply Iran with 1.8 billion cubic meters of gas in 2025 at a price to be agreed

Spot prices remain unchanged as sunny and still weather is expected on Monday

Prices of gas in Europe remain stable as the market searches for new inputs

Norway's Yara trounces profit estimates despite rising gas costs, tariff concerns

Elliott, an activist investor, calls for a change in BP's strategy chief and organizational structure

Offshore Oil & Gas

Britain Emphasizes Collaboration on Energy Security at Global Summit

Global Wind Capacity in 2024 Falls Short Despite Reaching a Record

Israeli Firm Gets Final Permit for US Wave Energy Demo

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

Shale Oil & Gas

Indonesia wants fair and square trade in US tariff discussions

Unite, a UK union, says TotalEnergies workers are voting on strike action

Local media report that Argentina's YPF has ruled out building a land-based LNG facility

US wants to increase offshore oil drilling through easing of pressure rules

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

RWE has ceased offshore wind activity in the United States

Palm oil prices rise on stronger edible oils and are set to gain weekly

Japan's greenhouse gases emissions drop 4% to a record low in FY23/24

US utility Xcel claims tariff exposure is 2% to 3% of capex plan

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

RODA responds to Trump EO on Offshore Wind & Permitting

European firms exposed as Trump targets US offshore wind

Protecting Employees in High-Risk Environments

VLCC Rates Spike as US Sanctions Bite

Medical Services Officer

Third Officer - Mixed Work Schedule

Second Officer

Third Assistant Engineer

First Assistant Engineer - Mixed Work Schedule