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U.S. manufacturer of drilling and production equipment Dril-Quip has set its decarbonization targets, aiming to reduce its combined Scope 1 and Scope 2 emissions by more than 50% by 2030. Dril-Quip’s decarbonization actions include switching to renewable electricity at certain manufacturing sites, rightsizing facilities, investing in infrastructure to reduce emissions, reducing its vehicle fleet and evaluating... Continue Reading →
(Reuters) - Investigative fracking operations in Colombia can go ahead after a court in the Andean country's Santander province on Thursday reversed a lower court's decision to block two pilot projects. Commercial development of non-conventional energy deposits - such as by hydraulic fracturing, or fracking for hydrocarbons - is not currently permitted in Colombia, but... Continue Reading →
(Reuters) - Norsk Hydro's (NHY.OL) Rein and Macquarie Asset Management's Green Investment Group plan to build and operate a 586 megawatt wind and solar power plant in the northeast of Brazil, the companies said on Wednesday. A final investment decision for the $700 million wind farm portion of the project is expected in the fourth quarter of... Continue Reading →
U.S.-based CSA Ocean Sciences has completed an Environmental Assessment Program (EAP) for a “major” offshore energy operator in Block 58 located some 115 kilometers offshore north Suriname. The EAP included an Environmental and Social Impact Assessment (ESIA) for a 3D seismic survey proposed in the 5,841 km2 area. The document describes the proposed seismic survey activities, which include... Continue Reading →
Ireland-based floating wind developer Simply Blue Group on Thursday unveiled plans for two floating wind projects of a combined 4,75GW capacity offshore Sweden. The 2 GW Skidbladner floating wind project is located 100 km southeast of Stockholm and the 2.75GW Herkules floating wind project, is approximately 60 km Southeast of the Island of Gotland. Simply... Continue Reading →
Iberdrola has commissioned a solar-powered green hydrogen plant in Puertollano, central Spain, which it says is the largest plant currently operating in the world. The plant was opened on Friday by a delegation including King Felipe VI of Spain, the President of the Regional Government of Castilla-La Mancha, Emiliano García-Page, and Iberdrola chairman Ignacio Galán,... Continue Reading →
(Reuters) - Big Oil has enjoyed an easier ride at shareholder meetings so far this year compared with last year's punishing run of hostile investor votes tied to climate concerns, as those issues have been eclipsed by tight oil supplies. Major oil companies have handily defeated several high-profile climate resolutions brought by shareholder activists in... Continue Reading →
French oil major TotalEnergies said Monday it had launched a worldwide drone-based emissions detection and quantification campaign across all its upstream oil & gas operated sites, to identify, quantify, and reduce methane emissions linked to its operations. The campaign uses AUSEA technology developed by TotalEnergies, the French National Research Center for Scientific Research (CNRS) and University of... Continue Reading →
(Reuters) - Bidding for federal wind energy leases for two areas off the coast of North Carolina and South Carolina kicked off on Wednesday, with each attracting over $2.7 million. The sale - the second such offering this year - is part of the Biden administration's broad push to put wind turbines in federal waters... Continue Reading →
(Reuters) - Norway unveiled plans on Wednesday for a major expansion in offshore wind energy by 2040, aiming to turn a country that has built its wealth on oil and gas into an exporter of renewable electricity. The centre-left government, which has come under fire from environmentalists for continuing to support the oil and gas... Continue Reading →
Brazil Energy Insight 