(Reuters) - BP (BP.L) is beefing up its hydrogen management team as the energy company prepares to accelerate investments in the low-carbon fuel which it believes will play a key role in the world's shift away from fossil fuels. The revamp of the hydrogen team is the first clear sign of changes Anja-Isabel Dotzenrath, a former head... Continue Reading →
India: TotalEnergies and Adani Join Forces to Create a World-Class Green Hydrogen Company
TotalEnergies has entered into an agreement with Adani Enterprises Limited (AEL) to acquire a 25% interest in Adani New Industries Limited (ANIL). ANIL will be the exclusive platform of AEL and TotalEnergies for the production and commercialization of green hydrogen in India. ANIL will target a production of one million metric tons of green hydrogen... Continue Reading →
Ocean Winds Brasil officially in the Brazilian offshore wind market
(TN) Ocean Winds, a 50-50 joint venture between world energy leaders ENGIE and EDP Renewables dedicated to offshore wind power generation, announces the launch of OW Brasil, a wholly owned Brazilian company investing in offshore wind project development opportunities in the country. Highly interested in Brazil's 700 GW offshore wind power potential (according to a... Continue Reading →
Hydrogen at “Risk of being Missed Opportunity, according to DNV Report
Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too slow. Governments need to make urgent, significant policy interventions, according to a new report by DNV. In Hydrogen Forecast to 2050, DNV predicts the amount of hydrogen in the energy mix will be only 0.5% in 2030 and 5%... Continue Reading →
Brazil bounds forward to lead bullish global offshore wind project pipeline race: RCG
(RC) Brazil has made a surprise leap forward to take lead position among global offshore wind power project pipelines with almost 100GW in development, according to new calculus from research house the Renewables Consulting Group (RCG). According to RCG’s latest Global Offshore Wind Annual Market Report, the South American nation – which has yet to install... Continue Reading →
Petrobras signs a protocol of intentions in the area of Natural Gas
Petróleo Brasileiro S.A. – Petrobras and the Sergipe Government signed today a protocol of intentions to identify business opportunities with the use of natural gas ,considering the development by the company of a new frontier in Sergipe Deep Waters. The objective of the protocol is to express the purpose of prospecting and structuring business opportunities,... Continue Reading →
Corio Generation: Plan to invest in five offshore wind farms in Brazil
(TN) Corio Generation, a global offshore wind energy company, announced plans to build offshore wind farms in Brazil, in a total of five projects of more than 5 GW in the initial phase of development. Corio Generation is a portfolio company of Macquarie's Green Investment Group, operating independently. Created in April 2022, Corio already has... Continue Reading →
Aker Solutions and NOV partner up to optimize subsea system solutions
Aker Solutions and NOV have signed a long-term technology cooperation agreement to optimize subsea system solutions, expected to enable sustainable oil and gas, low carbon, and renewable solutions. According to the parties, the joint effort will combine the technology strengths of NOV and Aker Solutions to optimize system solutions, allowing for greater flexibility and value... Continue Reading →
Drilling vs returns. U.S. oil producers’ tradeoff as windfall tax threatens – Long read
(Reuters) - U.S. oil producers profiting from sky-high prices are doling out billions to shareholders and building cash reserves, a strategy irking lawmakers and voters struggling with record fuel prices while winning over Wall Street. Soaring fuel prices have boosted inflation to a 40-year record and are expected to drive up U.S. gasoline by more... Continue Reading →
CTO in Focus: Henrik Stiesdal, Wind Power Pioneer – Long read
By: Elaine Maslin (OE) Wind power pioneer Henrik Stiesdal built his first wind turbine in 1978. It was one of Denmark’s first step towards becoming a wind energy powerhouse, with Stiesdal regularly at the helm. He’s now got wider climate initiatives in his sights, including industrializing floating offshore wind. He reflected with OE’s Elaine Maslin.... Continue Reading →
