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Citic Seram Energy News

 

IEA: Pandemic Could Delay Energy Demand Recovery. Upstream Spending to Grow

Oct 13, 2020

A slow economic recovery from the pandemic threatens to delay a full rebound in world energy demand to 2025, the International Energy Agency said on Tuesday.In its central scenario, a vaccine and therapeutics could mean the global economy rebounds in 2021 and energy demand recovers by 2023…

Lloyd’s Register to Sell Energy Business

Oct 07, 2020

Maritime classification society and technical services provider Lloyd's Register Group (LR) has agreed to sell its Energy business unit to Inspirit Capital, a London-based investment firm.LR said that the agreement followed a review of LR’s business portfolio and strategic direction…

Sakhalin Energy Extends Charter for Polar Piltun Crew Boat

Sep 14, 2020

Russian energy company Sakhalin Energy has extended the charter for the Polar Piltun crew boat with a GC Rieber Shipping Russian affiliate.As previously reported, GC Rieber in January said that Sakhalin Energy had awarded it contract extension…

Samsung Heavy, Bloom Energy Working on Fuel Cell-powered Ships

Jun 30, 2020

South Korean shipbuilding giant Samsung Heavy Industries (SHI) has signed an agreement with Bloom Energy, a provider of distributed power generation systems, to design and develop fuel cell-powered ships. The two companies will work together…

'Strong Interest' in China's New Marine Fuel Contract

Jun 19, 2020

China's marine fuel futures contract that debuts on Monday on the Shanghai International Energy Exchange (INE) is likely to attract strong interest, despite weakened ship fuel demand amid the coronavirus pandemic, industry participants said…

BP Review: Global Energy Consumption Rose by 1.3% in 2019

Jun 17, 2020

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…

Kawasaki Heavy Orders Corvus' Blue Marlin Energy Storage System

Jun 02, 2020

Japan's Kawasaki Heavy Industries (KHI) has ordered the first commercial unit of a new Corvus Energy high-density lithium-ion capacitor energy storage system (ESS) Blue Marlin.According to Corvus, which plans to market the system to the offshore energy market…

Keppel O&M, EMA Launch Call for Smart Solutions in Offshore Sector

Apr 15, 2020

Singapore-based offshore rig builder Keppel Offshore & Marine has partnered up with Energy Market Authority (EMA) to develop energy solutions in the areas of distributed energy resources, digitalization and emerging low carbon alternatives.As part of the $10 million partnership…

Aker Energy Delays Ghana Offshore Project 'Indefinitely'

Apr 01, 2020

Ghana's President Nana Akufo-Addo in February said he expected Norwegian oil firm Aker Energy to make a final investment decision on the Pecan offshore development 'within a month or two.' The wait is now set to be prolonged 'indefinitely.'Namely…

Sapura Installs Hokchi Satellite Platform in Mexico

Mar 13, 2020

Malaysia’s Sapura Energy has completed the installation of a satellite platform topside offshore Mexico, as part of Hokchi Energy's Hokchi field development.In a post on social media on Friday, Sapura Energy said it successfully lifted and set down the Hokchi Satellite Platform topside…

Energy Transfer to Buy SemGroup

Sep 16, 2019

Oil and gas pipeline company Energy Transfer LP said on Monday it would buy smaller rival SemGroup Corp for $1.35 billion and build a 75-mile oil pipeline to strengthen its oil transportation, terminalling and export operations.Energy Transfer…

Offshore Wind Conference Set for SUNY Maritime

Sep 16, 2019

The Center of Excellence for Offshore Renewable Energy at the State University of New York Maritime College and the Maritime Industry Museum at Fort Schuyler, are hosting the Ocean Wind Energy Conference on Thursday, September 26, 2019 at the Maritime Academic Center…

DNV GL Calls for Action to Meet Paris Climate Target

Sep 12, 2019

DNV GL’s Energy Transition Outlook indicates global temperatures rise by 2.4⁰C by end of century. Energy experts identify a combination of technology measures to curb global warming which includes: Boost solar power more than 10 times to 5 TW…

DNV GL Route Map for Energy Transition

Sep 10, 2019

Gas and variable renewables  must work together alongside greater uptake of carbon capture and storage (CCS) to secure a rapid energy transition, according to a new forecast of the energy transition by DNV GL.According to the report '2019 Energy…

How to Determine Which Countries Have the Best Energy Policies

Sep 09, 2019

Which countries have the best energy policies? This is an interesting, and rather obvious, question, considering that every country’s energy practices impact the world in one way or another. But it’s one you don’t often hear asked.That is probably…

Current News

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