Proven reserves of natural gas set a new record in the U.S. in 2021, while proven reserves of oil increased but not to pre-Covid level.
Portugal’s Ministry of Economy and Maritime Affairs, the Ministry of Infrastructure, and the Ministry of Environment and Climate Action have released draft areas for offshore wind development as part of the government’s plan to award 10 GW of capacity that would be grid-connected by 2030.
Innovate UK has selected a consortium, led by Ingine Wave Energy Systems, to receive funding support for the development of wave energy project offshore Indonesia.
In a statement to Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology of the UAE and Managing Director and Group CEO of ADNOC, Japan’s oil and gas producer Inpex has officially committed to the United Arab Emirates (UAE) in regard to clean energy development in the country. According
The Philippines’ Department of Energy (DOE) has approved the country’s first small-scale liquefied natural gas (LNG) terminal as it prepares to launch the LNG industry this year. The LNG terminal is being developed by Samat LNG Corporation, a company that was established in 2020 to develop, own and
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has announced $384.4 million in federal funding for expanding and improving the nation’s ferry service in communities across the country, as well as accelerate the transition to zero-emission transportation.
French container shipping major CMA CGM Group has invited start-ups and businesses working on concrete solutions to submit projects that aim to speed up the decarbonization of the French shipping industry. The company has committed a €200 million budget for the projects from its five-year $1.5 billi
ONGC has set the wheels into motion to crown a jack-up rig, which was recently converted into a mobile offshore production unit (MOPU).
Germany’s Federal Minister for Economic Affairs and Climate Protection and Vice-Chancellor Robert Habeck and the Australian Minister for Energy and Climate Protection Chris Bowen have agreed to intensify cooperation between the two countries in the area of climate and energy. The focal points of t
Wintershall Dea has received consent to use one of Island Offshore’s vessels for light well intervention work on four fields offshore Norway.
The government of Western Australia (WA) and the Japan Bank for International Cooperation (JBIC), a policy-based financial institution wholly owned by the Japanese Government, have signed a Memorandum of Understanding (MoU) that focuses on hydrogen, ammonia, low-emission technology, and decarbonisat
OMV has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.
PRIO has made a payment of almost $2 billion for the acquisition of Petrobras’ entire stake in a deepwater field off Brazil.
Ramping up storage of natural gas and hydrogen is seen as a solution to both the energy crisis and energy transition.
