CEO News

 

How to Determine Which Countries Have the Best Energy Policies

Sep 09, 2019

Which countries have the best energy policies? This is an interesting, and rather obvious, question, considering that every country’s energy practices impact the world in one way or another. But it’s one you don’t often hear asked.That is probably because it’s hard to compare countries in any sensible and fair way, given the differences in population, size, economy and resources.Still, the world needs to know who does it best…

Senvion to Sell Assets to Siemens Gamesa

Sep 17, 2019

Insolvent German wind turbine manufacturer Senvion is in exclusive talks with Siemens Gamesa (SGRE) over the sale of a substantial part of its business.The Germany firm said that it has entered into an exclusivity agreement with Siemens Gamesa…

German Trains to Run on Offshore Wind

Sep 16, 2019

German Rail (Deutsche Bahn – DB) has closed Germany’s first power purchase agreement (PPA) to buy electricity from an offshore wind farm.German Rail has signed a five-year deal starting in 2024 to buy the output of 25MW, or 8%, of the 295MW…

QP Issues Tender for 4 Mega LNG Trains

Sep 15, 2019

The state owned oil and gas company Qatar Petroleum has issued Engineering, Procurement and Construction (EPC) tender for liquid products storage and loading facilities of the North Field Expansion (NFE) Project.The NFE Project involves the…

Aramco Suspends 50% of Production

Sep 15, 2019

Saudi Arabia has temporarily halted production at two Aramco oil facilities that were attacked by Yemeni rebels, interrupting about half of the company’s total output.Saudi Aramco said the production of 5.7 million barrels of crude a day had…

AIDAperla Receives Corvus Battery System

Sep 13, 2019

Carnival Corporation's Germany brand AIDA Cruises and Corvus Energy have signed a deal to retrofit the AIDAperla with a 10MW battery pack, the largest to date set to be featured on a cruise vessel.'The order is for a 10MWh Energy Storage System (ESS) to be installed on board AIDAperla in 2020…

Fuel Flexibility is Key for Green Shipping

Sep 12, 2019

Fuel flexibility and technologies to bridge changing fuel usage have been identified in the Maritime Forecast to 2050 as essential strategies for both individual owners and the shipping industry to adapt to the energy transition and prepare for a low carbon future…

MAN Cryo to Supply LNG Fuel-Gas System

Sep 11, 2019

MAN Energy Solutions said that its marine LNG fuel-gas-system manufacturer MAN Cryo has been contracted to supply an LNG fuel-gas supply system for Norwegian shipowner, Egil Ulvan Rederi newbuild.According to MAN,  the LNG fuel-gas system will…

2/3 of Electricity by Solar PV, Wind by 2050

Sep 10, 2019

Share of electricity in the final demand energy mix will more than double from today’s level to 40% in 2050, with two thirds of that electricity provided by solar PV and wind, said DNV GL.Electrification will transform how energy is produced and consumed…

DNV GL Route Map for Energy Transition

Sep 10, 2019

Gas and variable renewables  must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, according to a new forecast of the energy transition by DNV GL.According to the report '2019 Energy…

Woodside Looks to Sell Gas Assets

Sep 10, 2019

Australian oil and gas producer Woodside is seeking to reduce its stakes in the Scarborough gas field at home and in Canada's Kitimat liquefied natural gas (LNG) project to cut its capital exposure, its chief executive told Reuters on Tuesday…

Siemens Plans to List Energy Unit in 2020

Sep 10, 2019

Siemens plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday.The German conglomerate said in May that it was spinning off its gas and power business, which has dragged on the German…

Parkland Acquires Tropic Oil Company

Sep 10, 2019

Calgary-based fuel and lubricant business firm Parkland Fuel Corp. announced that it is acquiring all of the issued and outstanding equity interests of U.S.-based Tropic Oil Co. Inc., as well as equity interests and the assets of certain of its affiliates…

Gazprom Neft, USC Join for LNG Project

Sep 08, 2019

Russian oil producer Gazprom Neft, Gazprom gas-engine fuel, and the United Shipbuilding Corporation (USC) have concluded a tripartite cooperation and strategic partnership agreement on developing a liquid natural gas (LNG) fleet and related infrastructure…

Baker Hughes: U.S. Oil Drillers Cut Rigs Again

Sep 06, 2019

U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row after drilling slowed for nine straight months as independent producers cut spending by about 10% this year.Drillers cut four oil rigs in the week to Sept…

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Senvion to Sell Assets to Siemens Gamesa

Senvion to Sell Assets to Siemens Gamesa

Oil Price Spike after Saudi Attack Temporary

Oil Price Spike after Saudi Attack Temporary

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