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Authorities & Government

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Illustration; Credit: Lone Stormoen/Equinor
Authorities & Government

Norway presents 24 players with 62 oil & gas licenses amid ‘great interest’

Norway’s Ministry of Petroleum and Energy has offered 62 production licenses to 24 companies for further exploration activity on the NCS.

about 2 years ago
BYD
Authorities & Government

World’s biggest EV maker BYD takes delivery of first car carrier

BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled.

about 2 years ago
Eagle Bulk
Authorities & Government

Eagle’s bulker hit by ‘projectile’, crew uninjured as Red Sea situation continues to escalate

Eagle Bulk Shipping’s bulker MV Gibraltar Eagle is the latest commercial vessel to be targeted by the Houthis in the Red Sea as tensions in the region escalate following U.S. and U.K.-led airstrikes on Houthi’s positions in Yemen. The Conneticut-based dry bulk shipping major confirmed the attack in

about 2 years ago
Depsea Yantai rig; Source: Odfjell Drilling
Authorities & Government

Vår Energi getting ready to spud North Sea wildcat

Vår Energi has secured a drilling permit to drill a wildcat well in the North Sea, using one of the Odfjell Drilling-managed semi-sub rigs.

about 2 years ago
Barossa concept; Source: Santos
Authorities & Government

Victor emerges in court battle over development of giant gas project off Australia

Santos has won a court case, which enables it to continue with its planned work on the Barossa gas field development project offshore Australia.

about 2 years ago
Illustration; Source: Saipem
Authorities & Government

Saipem hit with two-year suspension of public contracting activity in Brazil

Saipem is facing restrictions on new contracts in Brazil due to being banned from making new deals with the country’s public administration over the next couple of years.

about 2 years ago
H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark
Authorities & Government

H2 Energy Europe gets green light for 1 GW green hydrogen plant in Denmark

H2 Energy Europe, a builder of hydrogen ecosystems in Europe, has obtained environmental approval for its large-scale green hydrogen production facility in Esbjerg, Denmark. The approval issued for the facility, which will have a 1 GW electrolysis capacity, is said to be a significant milestone, bri

about 2 years ago
Illustration; Source: API
Authorities & Government

US comes up with new emissions fee for oil & gas industry in methane clampdown

The U.S. Environmental Protection Agency (EPA) has set out to curb methane emissions from the oil and gas industry with a new proposed rule.

about 2 years ago
U.S. Naval Forces Central Command/U.S. 5th Fleet
Authorities & Government

Red Sea crisis escalation: US-UK airstrikes, Houthis’ vessel attacks, spike in oil prices, and tanker trade slowdown

Recent events in the Red Sea have added fuel to the growing fears about the possibility of a wider conflict breaking out across the Middle East, prompting further concerns over oil flows, supply chains, and energy prices in the region and beyond.

15 minutes read
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Authorities & Government

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago
UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea
Authorities & Government

UN adopts resolution demanding immediate halt to Houthi attacks in the Red Sea

Following what has been described as the ‘largest Houthi drone attack’ in the Red Sea on January 9, the U.N. Security Council adopted a resolution demanding that the Houthis immediately cease all attacks on merchant and commercial vessels. At least 21 missiles and drones were launched toward interna

about 2 years ago
Transocean Spitsbergen rig; Source: Transocean
Authorities & Government

Equinor comes up dry in North Sea well

Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.

about 2 years ago
Illustration; Source: American Petroleum Institute (API)
Authorities & Government

API: America’s energy plan needs to rest on three ‘core’ pillars

API has highlighted three main aspects of a long-term energy plan for the U.S. to ensure its ability to keep the lights on.

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Authorities & Government

Türkiye’s new energy efficiency roadmap envisions $20 billion investment by 2030

Türkiye is pulling out all the stops to fortify its energy security, including new energy efficiency roadmap and action plan.

about 2 years ago
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