bp and thyssenkrupp Steel today announced they have signed a memorandum of understanding (MoU) focused on the development of long-term supply of low carbon hydrogen and renewable power in steel production, helping accelerate the steel industry’s wider energy transition. thyssenkrupp Steel accounts for 2.5 percent of...
Neptune Energy today announced the award of a new contract to TechnipFMC for the performance of technical services in Norway. The Technical Service Agreement (TSA) builds on an existing contract which has been optimised to fit Neptune’s future requirements. TechnipFMC will continue to provide a wide range...
Pivot Power, part of EDF Renewables, alongside Oxford City Council, Fastned, Tesla Superchargers and Wenea, has officially opened Europe’s most powerful electric vehicle (EV) charging hub, marking the completion of Energy Superhub Oxford. The project is part of a nationwide network of Energy Superhubs developed...
The Saudi Arabian Oil Company announced a major expansion of its Namaat industrial investment programs, with 55 agreements and Memoranda of Understanding (MoUs) across the sustainability, digital, industrial, manufacturing and social innovation sectors. Namaat, which has grown from 32 to 55 investments since last year,...
Ensuring a secure transition to net zero emissions will require increased efforts to expand and diversify global production of solar panels whose global supply chains are currently heavily concentrated in China, the IEA said in a new special report released. Chinese industrial and innovation policies focused...
Global natural gas consumption is expected to contract slightly in 2022 and grow slowly over the following three years as Russia’s war in Ukraine pushes up prices and fuels fears of further supply disruptions, according to the IEA’s latest Gas Market Report. Today’s record high gas...
Woodside Energy has announced a US$9.9 million equity investment in String Bio Private Limited (String Bio), the developer of a patented process that can recycle greenhouse gases into value-added products such as feed for livestock. String Bio is an award-winning India-based company combining biology, engineering...
Carl K. Arnet, Chief Executive Officer of BW Energy Limited (BWE), Friday July 8 purchased 100 000 shares in BWE at an average price of NOK 25.4055 per share. Following this transaction, Carl K. Arnet now holds 3 821 010 shares in BW Energy Limited. Hilde L. Arnet, closely...
Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced transactions made in accordance with its share repurchase programme during the week commencing 4 July 2022. Date on which the share repurchase programme was announced: 25 July 2019, with a two-year extension announced on 16 April...
PetroNor E&P ASA today provides an update on its second quarter production.PetroNor holds an indirect ownership interest of 16.83 per cent in PNGF Sud in Congo, which is the Company’s core production licence. Total gross field production from this asset amounted to 22,842 bopd (preliminary...
Orbital Marine Power, the renewable energy company focused on the development and global deployment of its pioneering floating tidal stream turbine technology, has been awarded two contracts for difference (CfDs) in the UK Allocation Round 4 (AR4) process. This is a significant milestone in the company’s...
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, has signed an agreement with Hapag-Lloyd, a leading worldwide liner shipping company, for the use of advanced biofuels. As an initial step, Hapag-Lloyd will ship 18,000 TEU of DHL’s volume using...