The Russian embassy in the United States said on Wednesday that a report the United States knew of a Ukrainian plan to attack the Nord Stream natural gas pipelines was part of a coordinated Western attempt to confuse the world over the truth. The Washington Post reported on Tuesday, citing leaked information posted online that the CIA learned last June, through a European spy agency, that a six-person team of Ukrainian special operations forces intended to blow up the Russia-to-Germany project…
TotalEnergies has signed an agreement to acquire Talos Low Carbon Solutions (TLCS), securing 25% of its share in the Bayou Bend carbon capture and storage (CCS) project in the United States.After the completion of the transaction, TotalEnergies will own a 25% share in the Bayou Bend project…
Oil prices rose more than 2.5% on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea.The attack added to market…
An oil tanker caught up in a dispute last year between the United States and Iran was boarded by armed individuals off the coast of Oman on Thursday and appeared to have changed course towards Iran, according to UK maritime sources.The Marshall…
Oil investors will usher in 2024 with gnawing concerns about oversupply, slowing economic growth and simmering Middle East tension that could spark price volatility.Benchmark Brent has averaged around $80 a barrel this year, after a volatile…
As the price of gas continues to seemingly hold steady at around three dollars a gallon, the pocketbooks of Americans continue to suffer. Regretfully, due to global conflict and the outbreak of wars across Europe and the Middle East, oil prices are continuing to climb upwards…
Wave power technology firm Eco Wave Power Global said Tuesday it would launch a U.S. subsidiary under the name Eco Wave Power U.S. The company also plans to establish a corporate office in New York City.'Eco Wave Power’s decision reflects its…
General Electric Co has settled all its outstanding wind turbine technology patent disputes in the United States and Europe with Siemens Gamesa Renewable Energy, the companies recently said.Terms of the settlement, which was described as amicable…
Maryland Governor Wes Moore on Wednesday announced goals to more than quadruple the state's offshore wind capacity to 8.5 gigawatts - enough to power nearly three million homes - as part of an effort by the state to achieve 100% clean energy by 2035…
Heavy lift and transport services firm Mammoet said Monday it had secured contracts for two large offshore wind projects for undisclosed clients in the United States, both of which begin in 2023. Together, the two contracts cover a range of port scopes…
Russia failed on Monday to get the U.N. Security Council to ask for an independent inquiry into explosions in September on the Nord Stream gas pipelines connecting Russia and Germany that spewed gas into the Baltic Sea. Only Russia, China and Brazil voted in favor of the Russian-drafted text…
CNOOC Ltd, China's top offshore oil and gas producer, has halted a planned sale of its UK North Sea portfolio, which could have been valued at as much as $3 billion, Bloomberg News reported.Although initial offers failed to meet CNOOC's expectations for the business…
Dutch marine services firm Boskalis has won a contract with an undisclosed client to construct a large offshore wind farm in the United States.Boskalis will transport and install the wind turbine foundations and power cables. The company said it would deploy two crane vessels…
Norwegian energy firm Equinor's renewables business faces rising supply chain bottlenecks and strong rivalry for new projects, but will not compromise on its 4-8% investment return target, the head of the unit told Reuters.While still largely an oil and gas producer…
Intelatus’ director of research, Phil Lewis, discusses the promising future for floating offshore wind in the United States.
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