“It is quite clear that liquid hydrogen is the cheapest option. It is much cheaper than ammonia when you look at the whole cycle of putting the hydrogen into the ammonia and taking the hydrogen out. If you can have liquid hydrogen which is stored without loss or very low loss, then liquid hydrogen is... Continue Reading →
California’s coming offshore wind boom faces big engineering hurdles – long read
(MTR) This week, dozens of companies are expected to compete for the right to lease the first commercial wind power sites off the coast of California in a federal online auction that could kick-start the state’s next clean energy boom. Collectively, the winners will pay at least tens of millions of dollars for exclusive rights to submit... Continue Reading →
To Protect Pemex, Mexico’s Energy Ministry Tried to Block Stricter Flaring Rules
(Reuters) Mexico's energy ministry tried earlier this year to block the publication of stricter rules on natural gas flaring, according to documents seen by Reuters, saying they would hurt state oil company Pemex and its plans to increase production. The documents, received through a freedom of information request filed by Reuters, show a concerted effort... Continue Reading →
KNOT orders new shuttle tanker for charter with Petrobras
(OET) Norway-based shuttle tankers owner and operator Knutsen NYK Offshore Tankers AS (KNOT) has ordered another shuttle tanker for time charter with Brazilian oil and gas giant Petrobras. On 21 November, KNOT signed a contract with Chinese shipyard Cosco Shipping Heavy Industry (Zhoushan) for the construction of a 154,000 cbm Suezmax dynamic positioning (DP2) shuttle tanker.... Continue Reading →
Exclusive: Mexico’s Pemex risks fines rather than fix violations
(Reuters) - Under pressure to increase production, Mexico's state oil company Pemex has risked fines for violations that cause environmental damage rather than delay output to fix the underlying issues, according to two senior company sources. The decision by Pemex to opt for fines instead of repairs represents a major blow to the oil regulator's... Continue Reading →
Mexico’s Pemex to work with EPA to bring down methane emissions
(Reuters) - Mexican state oil company Pemex said Saturday that it would work with the U.S. Environmental Protection Agency (EPA) to reduce greenhouse gas emissions - especially methane - to meet ambitious international commitments. Methane emissions have emerged as a top threat to the global climate, with scientists and policymakers around the world calling for aggressive... Continue Reading →
COP27: Big Oil must pay for climate change, poor nations tell rich
(Reuters) - Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in Egypt to demand that they pay up for damages being inflicting on their economies. Small island states already buffeted by increasingly violent ocean storms and sea-level rise called on oil... Continue Reading →
Petrobras predicts license to drill Foz do Amazonas before new government
(Reuters) - Petrobras plans to receive an environmental license from Ibama this year to drill a well in the Foz da Rio Amazonas Basin, off the coast of Amapá, one of the oil company's major exploratory bets. If the license is granted, it would occur before the change of government of Jair Bolsonaro (PL) to... Continue Reading →
Wood Mackenzie: Gulf of Mexico can be frontrunner in offshore CCS projects
(OEM) Carbon capture and storage (CCS) projects in the Gulf of Mexico could play an important role in meeting U.S. greenhouse gas emission reduction goals, however, many challenges remain, according to a report by Wood Mackenzie. There are currently 22 CCS projects in the U.S., accounting for 19% of global activity, with six projects in... Continue Reading →
Fugro Completes Surveys at RWE’s Dogger Bank South Offshore Wind Farm Site
(OED) Dutch marine geotechnical survey firm Fugro said Wednesday it had completed fieldwork on a geophysical, geotechnical and environmental site investigation contract for RWE Renewables’ Dogger Bank South (DBS) offshore wind farm and export cable routes. DBS is located in the UK North Sea, more than 110 km from the east coast of Yorkshire, England.... Continue Reading →