UK regulator North Sea Transition Authority (NSTA) has launched an investigation into whether an oil and gas company possibly failed to meet license obligations, including seismic survey and work program commitments, designed to stimulate activity. The investigation will look into whether the compan
As it is estimated that investments amounting to a whopping $10 trillion are needed for the U.S. to reach its net-zero by 2050 goal, Wood Mackenzie, an energy intelligence group, looks into four technology pillars that would enable the U.S. to reap the benefits of the provisions within the Inflation
A collaborative project dubbed OPTILE has been launched in France with the aim of decarbonizing the supply of electricity to island grids using offshore renewable energy.
Norway recorded a slight rise in oil production in February 2023 compared to last month, but oil & gas figures are still below the ones recorded in 2022.
The Australian Maritime Safety Authority (AMSA) has handed down a 90-day ban to the Netherlands-flagged ship Flevogracht, in what has been described as a ‘crackdown on poor performers in the maritime industry.’ AMSA said that it had detained the general cargo ship Flevogracht, operated by the Spliet
A Memorandum of Understanding (MoU) has been signed by the International Maritime Organization (IMO), the Ministry of Climate and Environment of Norway, and the Maritime and Port Authority of Singapore (MPA), to collectively undertake technical cooperation activities to assist developing countries i
Aker BP has decided to move ahead with nine out of ten oil and gas projects for which PDOs were previously handed over.
The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW
The U.S. Coast Guard (USCG) has performed an emergency evacuation via helicopter of a 28-year-old male worker from a BP-operated platform.
The American natural gas production is expected to grow while the accelerated shift to low-carbon and green sources will reduce U.S. energy-related CO2 emissions through 2050.
Following an incident during routine maintenance, which damaged a floating storage and offloading (FSO) unit operated by a Thai subsidiary of Chevron, Thailand has ordered its navy to join the efforts being undertaken to prevent an oil spill from the vessel.
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s
Following the announcement of the budget for the UK’s fifth Contracts for Difference (CfDs) allocation round (AR5), and the plan on how different renewable energy projects will compete, the renewable energy industry in the UK has warned the budget and the parameters were “too low and too tight” and
Norway’s cleantech company TECO 2030 has achieved a prerequisite required to release the NOK 50 million ($4.6 million) grant given to the company by Innovation Norway in October 2021. Innovation Norway, the Norwegian Government’s instrument for supporting innovation and development of Norwegian ente
