For its third consecutive year, Hywind Scotland – the world’s first floating offshore wind farm – reaches the highest average capacity factor for any wind farm in the UK. With an average capacity factor of 57.1% in the twelve month period to March 2020, the floating offshore wind farm set a new record in the […]

GE Renewable Energy has unveiled plans to open a new world-class blade manufacturing facility on Teesside in the North East of England to support the growing offshore wind market in the UK and Europe and to produce blades for its Haliade-X turbine that will power Dogger Bank, the world’s largest offshore wind farm. The significant […]

The kingdom begins work on $5b plant powered entirely by sun and wind Sun-scorched expanses and steady Red Sea breezes make the northwest tip of Saudi Arabia prime real estate for what the kingdom hopes will become a global hub for green hydrogen.  As governments and industries seek less-polluting alternatives to hydrocarbons, the world’s biggest […]

The energy industry wants policy makers to remember that natural gas can and should be part of the solution in solving climate change, executives said at a conference on Tuesday. “The most important thing to continue to impress upon the policymakers is natural gas can and should be a big part of the climate change […]

The back-to-back downturns that exploration and production companies (E&Ps) have faced during the past decade have accelerated the energy transition, adding to growing social and regulatory demands for greener energy solutions. This is putting the resilience of global upstream portfolios under pressure. Energy transition experts on Rystad Energy’s upstream team have now quantified the long-term […]

BP has announced that Peter Mather, bp’s UK head of country and senior vice president for Europe, will ‎leave the company at the end of the year. Peter has been UK head of country and regional president for Europe since 2010 and recently ‎established bp’s new regions, cities & solutions entity across the UK and […]

ExxonMobil has outlined its plans through 2025 to increase earnings and cash flow to sustain and grow its dividend, reduce debt and fund advantaged projects, while working to commercialize lower emission technologies in support of the goals of the Paris Agreement. ExxonMobil outlines plans to grow long-term shareholder value in lower carbon future: Industry-leading investment […]

The U.S. oil and gas industry should embrace “huge opportunities” in producing and transporting hydrogen, with the potential for that cutting-edge energy source to fuel long-haul trucks and supply power globally, presidential climate envoy John Kerry said Tuesday. “That’s jump ball right now,” Kerry said during the second day of the CERAWeek conference by IHS […]

Equinor has closed the agreement to sell a 10% interest in Dogger Bank A (1,200 MW) and Dogger Bank B (1,200 MW) assets to Eni. As part of this transaction Eni has also completed the agreement to purchase a 10% interest in the Dogger Bank A and Dogger Bank B assets from project partner SSE […]

Enwell Energy has announced the results of the SV-25 well and the spudding of the SV-29 well at its Svyrydivske (SV) gas and condensate field in Ukraine. The SV-25 well is an appraisal well, targeting the B-20, B-22 and B-23 horizons in the Visean formation. The well was spudded in July 2020 and has been […]