14 April 2026 – As offshore energy and security discussions intensify, including a planned engagement between UK leadership and European industry representatives on 14 April, recent reports of submarine activity around subsea cables and pipelines have brought renewed attention to the resilience of critical offshore infrastructure. Subsea cables carry the vast majority of international data,... Continue Reading →
Orsted CEO eyes boost to European offshore wind from energy crunch
April 9 (Reuters) - The Middle East war is giving fresh momentum to Europe's push for energy independence and bolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U.S.-Israeli war on Iran, and Teheran's blockage of shipments through... Continue Reading →
A Global Oil Crisis Is Giving Suriname’s Offshore Dreams New Life
April 9 (oilprice.com) The latest global oil shock has created an ideal environment for Suriname’s struggling oil boom. The impoverished South American country of less than seven hundred thousand is endeavoring to launch a transformative oil boom. Poor drilling results, a high gas-to-oil ratio, and conflicting seismic data saw Suriname’s oil boom put on hold during 2022. There are,... Continue Reading →
Exclusive: Renewables grew to almost 50% of global electricity capacity in 2025 after solar boost
March 31 (Reuters) - Renewable power made up almost 50% of the world’s electricity capacity last year after a record increase in solar installations, data from the International Renewable Energy Agency shared exclusively with Reuters showed on Tuesday. As the Middle Eastern conflict has led to record monthly gains on oil markets, some in industry have lobbied... Continue Reading →
Latin America’s Bold Renewable Energy Bet
Feb. 16 (oilprice.com) Latin America is attracting greater attention from international investors thanks to its strong renewable energy and critical mineral potential. In recent years, the region’s green energy capacity has steadily grown, while more mineral mining projects are developed, and the electric vehicle (EV) market is beginning to expand. As the United States takes... Continue Reading →
Brazilian Government Releases Strategic Sectors of Pre-Salt Fields and Enable Largest Auction in History of the Production Sharing Regime
Feb. 12 (TN) The Brazilian government has made decisive progress in national energy policy by authorizing the expansion of areas for oil and gas exploration in deep and ultra-deep waters in the Campos, Santos, and Espírito Santo basins. This historic decision, built in an integrated manner between the Ministry of Mines and Energy (MME) and... Continue Reading →
Data Centers Are Asked to Bring Own Power Generation… or Shut Down
Jan. 8 (oilprice.com) Big Tech firms are requesting hundreds of gigawatts of power demand from data centers to connect to the U.S. grids. But aging grid infrastructure in key regional markets and grid investments lagging behind the soaring demand are forcing grid operators to offer some alternative options to the hyperscalers looking to hook up... Continue Reading →
The Growing Backlash Against Data Center Expansion
Jan. 2 (oilprice.com) As tech companies worldwide invest heavily in the deployment of large-scale data centres to power advanced technologies, not everyone is so happy about the new phenomenon. Concerns over energy security and a prolonged reliance on fossil fuels are just two of the issues that are repeatedly coming up, as governments seek to... Continue Reading →
Guyana Is Using Its Oil Revenues to Spark a Renewable Energy Boom
Dec. 22 (oilprice.com) Since the discovery of vast oil reserves in Guyana around a decade ago, the South American country’s oil industry has grown significantly following investment from several international oil majors and the beginning of offshore production. As Guyana begins to see the revenue from its black gold, the government is reinvesting some of... Continue Reading →
Dominion Energy Releases Responds to Government Suspension of Coastal Virginia Offshore Wind
Dec. 22 (OE) Dominion Energy released the following statement in response to the U.S. Department of Interior’s Director’s Order for a 90-day suspension of work issued earlier today for the Coastal Virginia Offshore Wind project: "The Coastal Virginia Offshore Wind Project (CVOW) is essential for American national security and meeting Virginia’s dramatically growing energy needs, the fastest... Continue Reading →