Portugal's main utility EDP will scale up its offshore floating solar farms in Southeast Asia, hoping to get a big slice of 16 gigawatt of photovoltaic power the region is expected to install over rivers and seas by 2030.EDP Chief Executive…
India introduced export duties for gasoil, gasoline and jet fuel on Friday to help boost domestic supplies, while also imposing a windfall tax on oil producers that have benefitted from higher global crude oil prices.The new taxes, announced in government orders…
Russia will create a firm which will take over all rights and obligations of the Sakhalin Energy Investment Company amid Western sanctions imposed on Moscow, a decree signed by President Vladimir Putin said on Thursday.The 5-page decree indicates…
A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art…
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…
Offshore helicopter specialist Bristow Group has signed long-term maintenance support agreements with Leonardo Helicopters for airframes and Pratt & Whitney for engines on Bristow's global fleet of AW139 helicopters. AW139 helicopters offer seating for 12 persons…
Norwegian offshore wind company Deep Wind Offshore has signed an agreement with South Korea's East West Power, to collaborate on projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea. 'We are extremely excited to collaborate with EWP on these projects…
A helicopter carrying seven passengers and two pilots ditched in the Arabian Sea near the Indian oil company ONGC's jack-up rig Sagar Kiran, in Mumbai High, offshore India. Four people died. According to initial tweets from the Coast Guard and…
Offshore wind giant Ørsted has appointed Per Mejnert Kristensen as new President of its Region Asia Pacific. He will join Ørsted on August 1, 2022, and his taks will be to scale regional business.Ørsted has its regional commercial hub in Taipei…
Global energy consumption rose by 5.8% in 2021, exceeding pre-pandemic levels as economies revved up activity, while strong growth in renewable energies chipped away at fossil fuel use, according to a benchmark report by BP.Oil demand last year was 3…
ExxonMobil's Australian subsidiary Esso Australia, the operator of the Gippsland Basin Joint Venture, has recently started a technical tender procedure process for the decommissioning of several offshore platforms in Australia's Bass Strait…
Shanghai Electric Wind Power Group Co., Ltd. said Friday its first EW8.X-230 offshore wind turbine generator had recently rolled off the production line at the Putian manufacturing facility.The wind turbine generator is designed for the medium…
Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), has signed an agreement with Vietnamese construction and infrastructure group FECON for a proposed 500 MW offshore windfarm in Ba Ria…
Oil spilled last week at Jadestone's Montara field offshore Australia, during crude oil transfer between two crude oil tanks onboard the Montara Venture FPSO, forcing the company to shut down production from the offshore fied.'During the transfer…
Japan's government plans to resume public auctions for offshore wind power projects by the end of this year, after revising rules to draw a wider range of bidders and encourage faster development of new infrastructure.The resumption follows…
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