(Valor) World leader in wind turbines, Danish Vestas intends to be an important player in the Brazilian offshore wind energy market. This new front has started to engage and should gain regulation by the end of the year. In an interview to Valor, the company's global CEO, Henrik Andersen, highlighted offshore wind and green hydrogen... Continue Reading →
Offshore wind cable market to grow six-fold this decade – RenewableUK
The market for offshore wind farm cables is set to grow six-fold over the course of this decade, according to a new report published by RenewableUK. The global market for subsea power cables is divided between array cables which run between the turbines of an offshore wind farm connecting them to the offshore substation, and... Continue Reading →
Shell ditches the Dutch, moves to London in share structure overhaul
(Reuters) - Royal Dutch Shell (RDSa.L) said on Monday it would scrap its dual share structure and move its head office to Britain from the Netherlands, pushed away by Dutch taxes and facing climate pressure in court as the energy giant shifts from oil and gas. The company, which long faced questions from investors about its dual... Continue Reading →
Africa’s Sights Set on Oil and Gas Haul Despite Global Shift
Several African countries plan to exploit their oil and gas reserves to tackle poverty and energy shortages, representatives gathered in Dubai said this week in the face of pressure to end fossil fuel extraction to curb global warming. Officials and industry executives stressed that Africa as a whole has a relatively small carbon footprint, which... Continue Reading →
ABS Consulting Partners with Global Maritime to Provide Life-Cycle Services to Offshore Wind Market
ABSG Consulting Inc. (ABS Consulting), a leading global operational risk management company, and Global Maritime, a marine offshore and engineering consultancy, today announced their alliance to support the United States offshore wind sector. Global Maritime's US subsidiary, American Global Maritime Inc., and ABS Consulting will combine their respective expertise in the maritime market into a... Continue Reading →
Oil extends losses triggered by U.S. inflation fears
(Reuters) - Oil prices dropped to $82 a barrel on Thursday, extending sharp falls triggered by concerns that rising U.S. inflation could prompt Washington to release more strategic crude stockpiles to drive down prices. Brent crude futures lost 64 cents, or 0.77%, to $82 a barrel by 1200 GMT after rising to $83.37 in morning... Continue Reading →
Petrobras concludes the sale of Breitener Energética S.A.
Petróleo Brasileiro S.A. – Petrobras, following up on the release disclosed on 08/27/2021, informs that it concluded today the sale of its entire 93.7% equity stake in Breitener Energética S.A. (Breitener), located in the state of Amazonas, to Breitener Holding Participações S.A., a wholly owned subsidiary of Ceiba Energy LP, which is backed by Denham... Continue Reading →
TotalEnergies and Daimler Truck AG Partner to Develop Hydrogen Ecosystem for Transportation in Europe
TotalEnergies and Daimler Truck AG have signed today an agreement on their joint commitment to the decarbonization of the road freight in the European Union. The partners will collaborate in the development of ecosystems for heavy-duty trucks running on hydrogen, with the intent to demonstrate the attractiveness and effectiveness of trucking powered by clean hydrogen... Continue Reading →
NEW FORTRESS AUTHORIZED TO BUILD SOUTH GAS TERMINAL
New Fortress Energy received approval from ANP for the construction of the South Gas Terminal, in Babitonga Bay, in Santa Catarina. Incorporated into the company's portfolio after the acquisition of Golar Power, the project had been awaiting authorization from the agency since February and is expected to start operating in the first quarter of 2022.... Continue Reading →
Baker Hughes signs deal with Shell for renewable energy credits
(Reuters) - Oil major Royal Dutch Shell's (RDSa.L) clean energy unit will provide renewable energy credits (REC) to oilfield firm Baker Hughes' (BKR.N) facilities in United States for a two-year period, the companies said on Wednesday. The move comes as climate activists, investors, banks and some governments mount pressure on oil and gas companies to announce net zero emission... Continue Reading →
