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
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
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
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
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
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
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
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
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
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
