The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012.
Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.
Wintershall Dea believes that hydrogen from natural gas will be instrumental in the decarbonisation of energy system.
In February, Wood Mackenzie sent out a press release stating that the global offshore wind demand will increase nearly six fold over the next ten years. With such huge global potential, We spoke to newly founded World Forum on their outlook. By the end of 2017, offshore wind had only been deployed c
Maersk Drilling believes that continued rig scrapping is needed to obtain a healthier balance between rig demand and supply.
With few profitable investment alternatives, operators are now likely to increase spending in decommissioning work, according to Rystad Energy.
Scottish engineering firm Malin Group has called on the UK and Scottish governments to create “crucial connections” which will determine the commercial future of wave and tidal stream energy. The call comes after two decades in which government incentives have failed to produce commercially viable p
Romania holds technical offshore wind potential of 76 gigawatts (GW), according to the latest data from the World Bank, released around the same time the country’s power producer Hidroelectrica revealed plans for Romania’s first offshore wind farm. The 76 GW include both bottom-fixed and floating wi
Borr Drilling is working to secure a liquidity runway until 2022 even in an unlikely low scenario without any further contracts.
Investments in the reduction of air emissions from ships would no longer be possible in a post coronavirus world, European shipping companies said in a new survey report.
South Korea’s shipping major HMM closed the first quarter of this year with a significantly narrowed net loss, driven mostly by the company’s cost-reduction measures and high profitability of tanker business.
German shipping major Hapag-Lloyd felt a negative impact of higher bunker prices in the first quarter of this year as it reported lower earnings.
Hydrogen has surged up the priority list of many oil and gas organizations, taking a primary position in the sector’s decarbonization efforts, according to a new report by DNV GL.
The Covid-19 pandemic could see demand for umbilicals fall by 32 per cent this year, Rystad Energy impact analysis reveals. According to Rystad, expected demand could fall to just 713 kilometres of lines in 2020, from 1,041 kilometres last year. Umbilical demand will not match or exceed 2019 levels
