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Month: April 2021

Category:
  • Nord Stream

Second Russian vessel begins Nord Stream 2 pipelaying in Danish waters: developer

Akademik Cherskiy now laying line alongside Fortuna Pipelaying using Fortuna vessel resumed Feb 6 Work in German waters could restart from June A second Russian vessel has now begun laying Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • BP

BP forecasts further drop in oil, gas output this year as asset sales bite

BP on April 27 forecast a further drop in its upstream production this year due to the impact of asset sales on its portfolio, as it reported a 14% year-on-year Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • Wind

Baltic Sea’s Imminent Offshore Boom Draws Global Turbine Leader Siemens Gamesa

Siemens Gamesa Renewable Energy SA sees huge potential for offshore wind in the Baltic Sea as the world’s largest producer of turbines at sea looks to take advantage of a jump in Continue Reading

Posted On : 28 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Crude edges up on economic optimism, improved OPEC+ forecast

 Crude oil futures were higher during mid-morning trade in Asia on April 27, as the market grew optimistic of a US-led global economic recovery, and rallied behind the OPEC+ Joint Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Gains Amid OPEC+ Optimism With Virus Looming Over Market

Oil climbed in Asia with OPEC+ projecting a strong global recovery this year, even as a Covid-19 flare-up in India and other nations dragged on the near-term demand outlook. Futures Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Prices

Oil Prices Falter Under Virus Surge Cloud

 Oil slipped with the rapid resurgence of Covid-19 in India and other countries casting a cloud around a return to normal consumption, even as OPEC+ projected a strong global demand Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • International Oil Companies

The 5 Most Influential Oil Companies In The World

In a virtual climate summit with 41 world leaders, President Joe Biden on Thursday unveiled an ambitious 10-year Climate Plan that has proposed cutting U.S. greenhouse gas emissions by 50-52% Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Climate

Effort to cut world’s greenhouse emissions may be hampered by a giant accounting problem.

Scientists have identified a staggering 5.5 billion ton gap between greenhouse gas emissions acknowledged each year by the world’s nations and the emissions calculated by independent models, an accounting discrepancy Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Climate

Climate Deniers Are Changing Their Strategy: Green Summit Update

Top executives, policy makers and investors are gathering this week for the two-day Bloomberg Green Summit. The virtual event focuses on the core issues of climate change. The conference kicked off Monday Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple
Category:
  • Hydrogen

Hydrogen ‘no silver bullet’ for decarbonization: panelists

Hydrogen could comprise up to 15% of the global energy mix over the next three decades, but it is expected to serve more of a complementary role in meeting climate Continue Reading

Posted On : 27 Apr 2021 Published By : Tom Whipple

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