ExxonMobil has long advocated for federal methane regulations as the most effective way to reduce methane emissions at scale, and we are pleased that President Biden has prioritized reducing methane emissions as part of his administration’s plan to achieve the goals of the Paris Agreement – which we support. ExxonMobil recently participated in the annual […]

A.P. Moller – Maersk speeds up on decarbonisation with a methanol-fueled feeder vessel on the water in 2023, piloting a scalable carbon neutral product to customers and offering fuel suppliers incentive to scale production of the fuels of the future. Fast-tracked by advances in technology and increasing customer demand for sustainable supply chains, A.P. Moller […]

BW Offshore  has signed a share purchase agreement to become a strategic owner of Ideol S.A., a global pure player in floating offshore wind technology, creating a renewable energy company with market-leading capabilities based on in-house developed and proven technology, supported by BW Offshore’s extensive experience from development and operation of offshore energy production systems. […]

Technology Development Company for the global energy sector, Deep Casing Tools (DCT), has made a series of key senior appointments and created a new role as part of its strategic growth plans.  The appointments include Edward Kerr as Global Sales Manager, Kevin Robertson as Middle East Regional Manager, and David Charles as Well Engineer, who […]

Sustainable and green-energy company, Clean Planet Energy, announced a breakthrough product in their mission to significantly reduce carbon emissions in fossil-fuel led transport. Branded as ‘Clean Planet Air’ in their launch video, the certified Kerosene/Jet Fuel can be used as a direct replacement for the fossil-fuel equivalent, yet it reduces C02 emissions by a minimum […]

Recognising the rig’s outstanding performance across all parameters, Shell has chosen Maersk Convincer as Jack-Up Rig of the Year 2020. The rig has now won this award for three consecutive years. Since arriving in Brunei Darussalam in autumn 2017, Maersk Convincer has consistently been one of the best performing drilling rigs in Shell’s employ. Maersk […]

A deep freeze across Texas took a toll on the energy industry in the largest U.S. crude-producing state, shutting oil refineries and forcing restrictions from natural gas pipeline operators. The cold snap prompted the state’s electric grid operator to impose rotating blackouts, while President Joe Biden declared an emergency on Monday, unlocking federal assistance to […]

Lightsource BP, a global leader in the development and management of solar energy projects, has ‎today announced the acquisition of an 845 megawatt (MW) solar portfolio in Spain from Iberia Solar, a local ‎solar developer and part of the Asterion Energies platform, a portfolio company of Asterion Industrial ‎Partners. Asterion is an independent investment management […]

Petrofac, Repsol Sinopec Resources UK and TechnipFMC announce the formation of an innovative industry alliance which seeks to maximise the recovery of oil and gas from the UK Continental Shelf (UKCS). The partnership will work together to offer the owners of oil and gas discoveries near Repsol Sinopec’s existing North Sea infrastructure hubs an integrated, […]

BP has joined the IBM Quantum Network to advance the use of quantum ‎computing in the energy industry.‎‎ ‎ By joining the IBM Quantum Network™ as an Industry Partner, BP will have access to IBM’s ‎quantum expertise and software and cloud-based access to the most advanced quantum ‎computers available via the cloud. This includes access […]