PGE and Ørsted have concluded an agreement which gives each company 50% of the shares in the Polish offshore wind projects Baltica 2 and Baltica 3. Together these comprise the Baltic Offshore Wind Farm, the largest offshore wind project in the Polish sector of…
In the ten years since the first modern electric cars hit the market in volume, they have had a remarkable ride – and the pace is accelerating. Electric vehicles (EVs) are perpetually in the news these days, whether it is the latest idea from…
US gasoline prices at the pump jumped six cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused by a cyber-attack on the country’s biggest fuel pipeline system. The ransomware attack forced…
Harbour Energy has issued its environmental statement for the planned Tolmount East development in the UK southern North Sea. The gas field, with some condensate, is 37 km (23 miles) east of Flamborough Head on the Yorkshire coast. Harbour plans a side-track and…
Mental Health UK has announced that Neptune Energy has pledged its support to tackle social issues, including mental health, across the UK and Europe. The charity outlined that Neptune will partner with the organisation and fund a project to ensure people living with mental…
Engineering and services group Bilfinger has been hired by oil major Total for inspection services on its assets offshore Denmark. Bilfinger said on the 10th May that the contract was awarded by Total E&P Denmark. The €40 million (US$48.65 million) contract will be booked…
As Total reached a final agreement with all relevant parties, the East Africa crude oil pipeline project planned with Total as the main shareholder was officially put on the agenda. According to the announced development plan, the East African Crude Oil Pipeline is 1,445…
The lack of progress on offshore wind in America is one of the most perplexing stories in energy. The technology and resource availability are tremendous. Europe has de-risked the technology and proven it can be deployed at scale, and at low cost, with minimal…
Venezuelan state oil company PDVSA would need US$58 billion in investment to revive its crude production to the levels of 1998 before ex-President Hugo Chavez came to power, equivalent to 3.4 million bpd, a document seen by Reuters shows. In the February 2021 document…
Polish GAZ-SYSTEM is carrying out final preparations to begin laying the offshore gas pipeline for the Baltic Pipe project in the Baltic Sea. Drilling of a tunnel for the gas pipeline began in April on the Polish coast, with similar work set to start…
