Royal Dutch Shell Plc resumed production at its 100,000-barrel-per-day Perdido deepwater hub in the U.S. Gulf of Mexico on Tuesday, ending a days-long halt caused by an onshore pipeline leak.Perdido production would return to its usual capacity by late Wednesday…
The minimal impact on oil prices from a global deal for record output cuts showed that oil producers have a mountain to climb if they are to restore market balance as the coronavirus shreds demand and sends stockpiles soaring, industry watchers said…
Oil steadied near $32 a barrel on Wednesday, supported by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have collapsed due to the coronavirus pandemic.Thursday's videoconference…
Oil prices edged higher on Tuesday as investors focused on the signing of a preliminary trade deal between the United States and China, the world's top oil consumers, and on expectations of a drawdown in U.S. crude oil inventories.However, price gains were capped by receding Middle East tensions…
IT service provider Accucode is partnering up with RCAM Technologies, a specialist in large-scale concrete additive manufacturing, to develop large-scale, 3D printed concrete structures supporting offshore wind turbines.The partnership with Accucode comes on the heels of a grant announcement…
The U.S. Department of Energy said on Thursday that President Donald Trump had formally nominated Deputy Energy Secretary Dan Brouillette, a former vice president of Ford Motor Co and Louisiana state energy regulator, to head the department…
The blade for GE’s Haliade-X 12MW offshore wind turbine has arrived at MassCEC’s Wind Technology Testing Center (WTTC) in Boston, U.S.The 107-meter blade will undergo a series of fatigue tests that involve moving it millions of times over the…
Partners in the Sleipner field will disclose datasets from the world's first offshore carbon capture and storage (CCS) plant, in a push to advance innovation and development on the field of carbon dioxide (CO2) storage, Norwegian energy company Equinor announced on Wednesday…
Canada — with its abundance of petroleum — has been surprisingly slow exporting gas anywhere other than across the border to the United States.Now, Ottawa is supporting Canada’s first export projects for liquefied natural gas (LNG) with more than words…
OceanBased Perpetual Energy has signed a Memorandum of Understanding (MoU) with Florida Atlantic University’s Southeast National Marine Renewable Energy Center (SNMREC) to assist the company to develop commercial ocean current energy project…
US oil giant ExxonMobil says it plans to invest up to US$100 million over 10 years in developing lower emission technology, working with the US' Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory…
The U.S. Department of Energy (DOE) selected four projects totaling up to $8 million to develop next-generation wind turbine drivetrain technologies that will facilitate the continued growth of wind turbines for both land-based tall wind and offshore applications…
A glance at the attendee list at one of the world's largest energy industry events in Houston this week left little question about the growing influence of the United States over global oil politics.Present: top U.S. diplomat Mike Pompeo. Absent: leading Saudi and Russian officials…
In its 2019 “Annual Energy Outlook” the US Energy Information Administration (EIA) projects that electric generation from renewables (wind, solar, hydro) will go from 500 billion KWh in 2018 to 1500 billion KWh in 2050, just 30 years from now…
EnBW Energie Baden-Württemberg AG is continuing its strategy of capturing growth in new international markets in the renewable energy sector. Following its recent entry into Taiwan, EnBW has now expanded its activities to the United States of America by establishing a regional subsidiary…