The Biden administration has opted to temporarily suspend oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the programme. This is according to a Department of Interior memo cited in a Reuters article…
Iran has started ramping up its oil production and expects to reach pre-sanctions levels in one to two months, Deputy Oil Minister Amir Hossein Zamaninia has said. The oil market will be able to accommodate Iran’s maximum oil output of around 3.9 million to…
Turkmenistan and Azerbaijan have signed a memorandum of understanding on joint exploration and development of Dostluk field in the Caspian Sea, the Turkish Foreign Ministry reported on the 21st January. While no specific details were given, TIbrahim Ahmadov, deputy head of the public relations…
Iemants has contracted Heerema Fabrication Group (HFG) to construct the offshore transformer substation jacket for the Hollandse Kust (noord) wind farm in the Dutch North Sea. The jacket is expected to be 44 metres (144 feet) high and consist of 1,600 tons of steel….
Hydrogen will be the key energy source for global road freight, according to a new report commissioned by European oil major Shell. Electrification is the most economic and environmental solution for smaller delivery vehicles. The study, carried out by global accountancy firm Deloitte on…
Joe Biden’s move to block the US$9 billion Keystone XL project is the clearest sign yet that constructing a major new pipeline in the US has become an impossible task. The incoming president has pledged to reshape the US energy sector and accelerate the…
HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea. HitecVision and NEO said on the 21st January that, if negotiations were successful, they are expected to result in a signed sales agreement…
Pattern Energy Group LP (Pattern Energy) has announced that it has closed financing of a US$515 million fund, Green Power Renewable No 1 Investment LP (the fund), the largest fund in Japan focused on wind and solar energy investments. Pattern Energy’s affiliate in Japan,…
Rolls-Royce is supplying two mtu 16V 4000 M55RN gas engines to Sembcorp Marine Integrated Yard for the construction of the world’s first LNG-hybrid powered tug. The harbour tug will be operated in Singapore by Jurong Marine Services, a wholly owned subsidiary of Sembcorp Marine….
Total and ENGIE have teamed up to build what is claimed to be France’s largest green hydrogen production site. The 40MW electrolyser, which will be developed at Total’s La Mède biorefinery, is forecast to produce five tonnes of green hydrogen every day and avoid…
