BP published its benchmark Statistical Review of World Energy for 2019 on Wednesday which showed that renewable power accounted for over 40% of the growth in primary energy.Here are some highlights from the report which can be downloaded here* Primary energy consumption rose by 1…
Italian energy contractor Saipem has agreed with state lender Cassa Depositi e Prestiti (CDP) to study the development of energy transition projects in Italy and abroad.In a joint statement on Wednesday, the two groups said the agreement was focused on carbon-cutting initiatives…
U.S. President Trump on Tuesday delivered State of the Union address, in which he, among other topics, hailed the success of the U.S. energy industry.He said that thanks to 'our bold regulatory reduction campaign, the United States has become the No…
The Danish Energy Agency (DEA) and the Electricity and Renewable Energy Authority (EREA) of Vietnam have initiated a partnership with the purpose of mapping the potential for offshore wind off the coast of Vietnam.The Southeast Asian nation…
Danish offshore wind engineering and consulting company Head Energy Group has established Head Energy Germany GmbH in Hamburg as part of the expansion of its offshore wind business.Head Energy Germany GmbH will be administrated by Head Energy’s offshore wind experts in Esbjerg…
The last remaining turbine at Hunterston National Offshore Turbine Test Facility in North Ayrshire, Scotland has been decommissioned by SSE Renewables yesterday (September 26) as the country prepares to embrace the next chapter in the development of its offshore wind capabilities and expertise…
GE Renewable Energy, the renewable energy arm of US industrial technology giant General Electric, announced its plan to make 100 percent of its operations carbon neutral by the end of 2020.GE Renewable Energy will reach carbon neutrality by reducing emissions through operational efficiencies…
The iconic former coal-fired Ferrybridge Power Station in West Yorkshire has been demolished, before the official opening of Beatrice Offshore Wind Farm in the Moray Firth.A press release from the UK-listed energy company SSE said that the world’s…
Houston based services company Helix Energy Solutions Group announced Ken Neikirk has been promoted to the position of Senior Vice President, General Counsel and Corporate Secretary following the retirement or Alisa Johnson, Executive Vice President…
Norwegian vessel owner Vestland Offshore announce that it has taken Management on yet another Vessel.The Ocean Duke is currently being converted to a Seismic Source Vessel and has a firm 2 year contract secured with SBGS.Last month, Vestland has won contracts for two of its offshore vessels…
Increase Access to All Offshore Energy Sources for American Energy Greatness.National Ocean Industries Association (NOIA) President Randall Luthi issued this statement following President Trump’s State of the Union address:“In his second State of the Union address…
Global offshore wind energy market was valued at $2,727 thousand in 2019, and is expected to reach $11,334 thousand by 2025, registering a CAGR of +20% from 2019 to 2025, said a study.The global offshore wind energy market has been set blazing…
BCPG Public Company is looking at ways in which innovation in technology and energy management are encouraging consumers to generate reusable energy and sell it on the retail market, Bundit Sapianchai told Oxford Business Group’s online broadcasting channel…
U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry. But not every U…
Energy demand will plateau after 2030, according to a new DNV GL (stand 5B51) model which forecasts the pace and extent of the global energy transition until 2050. While fossil fuel will still provide more than 40% Peak of the world energy demand…