Latest Stories

Repsol preparing to spud Beebei-Potaro-1 exploration well at Kanuku

26 May 2022

Repsol (Spain) is reportedly on track to spud Beebei-Potaro-1, its next exploration well at the Kanuku block offshore Guyana, this week.

Venture Global takes FID on Plaquemines LNG

26 May 2022

US-based Venture Global LNG has made a final investment decision (FID) and closed the project financing for the first phase of its planned Plaquemines LNG export terminal on Louisiana’s Gulf Coast.

Johannesburg in quest to procure up to 500MW from independent power producers, Mayor Phalatse says

26 May 2022

South Africa: City of Johannesburg in quest to procure up to 500MW from independent power producers, says mayor

Petrobras says it may need to import more LNG to make up for Bolivian gas supply cuts

26 May 2022

Brazil’s national oil company Petrobras has said it may need to import more LNG due to an unexpected cut in shipments of natural gas from Bolivia.

Siemens Energy launches $4.3bn bid for outstanding Siemens Gamesa stake

25 May 2022

Siemens Energy this weekend unveiled a €4.05bn ($4.28bn) cash bid for minority holdings in its struggling wind turbine unit Siemens Gamesa Renewable Energy (SGRE).

US installs 6.6 GW of clean power in Q1

25 May 2022

The United States installed 6.6 GW of new clean power with 90 projects coming online in the first quarter of 2022, says a new market report from the American Clean Power Association.

Petrobras and Equinor are exploring 4 GW of offshore wind off Brazil

25 May 2022

Brazil’s state-owned oil company Petrobras and the Norwegian oil and offshore wind major Equinor are exploring the environmental feasibility of a 4-GW wind project off the coast of south-east Brazil.

Wind turbine suppliers delivered record volume in 2021: GWEC

25 May 2022

Wind turbine suppliers supplied a new record amount of volume in 2021, according to the Global Wind Energy Council’s (GWEC) annual Supply Side Data report.

CIP proposes artificial green hydrogen island off Denmark powered by wind

25 May 2022

Copenhagen Infrastructure Partners (CIP) proposes to build an artificial island dedicated to the large-scale production of green hydrogen from offshore wind off Denmark in the North Sea. It is to be built by 2030, and will be wind-powered.

Four EU countries sign 65 GW by 2030 offshore wind pact

25 May 2022

Four EU countries bordering the North Sea have signed an agreement with goals of installing at least 65 GW offshore wind power by 2030, and 150 GW by 2050. The countries are Germany, The Netherlands, Denmark and Belgium.

Swiss maker of oil industry pumps Sulzer exits Russia

25 May 2022

Sulzer, a Swiss engineering group that specialises in fluid engineering technologies, announced on May 24 that it was exiting Russia “with immediate effect.”

Is Venezuela Europe’s answer for the loss of Russian oil?

25 May 2022

The US government appears to be moving towards loosening restrictions on trade with Venezuela, at least partly out of a desire to address disruptions on the European oil market.

REM: US installs 6.6 GW of clean power in Q1

25 May 2022

The United States installed 6.6 GW of new clean power with 90 projects coming online in the first quarter of 2022, says a new market report from the American Clean Power Association

NorthAmOil: Centennial, Colgate in largest shale merger of 2022

25 May 2022

Centennial Resource Development and Colgate Energy Partners III announced on May 19 that they had agreed to combine in what the companies described as a merger of equals.