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SIMEC Atlantis Energy Plans 'Europe's Largest Tidal Project'

Oct 31, 2018

The developer of tidal energy projects SIMEC Atlantis Energy announced the formation of a joint venture company with Development Agency for Normandy (AD Normandy) for the purpose of developing a large-scale project in Raz Blanchard, Normandie…

Brazil's Cosan Eying Refining Partnership with Petrobras

Oct 30, 2018

Brazil's Cosan SA Indústria e Comércio, a leading ethanol producer and fuel distributor, is interested in refining partnerships with oil company Petroleo Brasileiro SA, its chairman Rubens Ometto said on Tuesday.The company is 'looking at' potential partnerships…

Next-wave LNG Race Hits Hurdles in US-China Trade War

Oct 30, 2018

The delay of a U.S. Gulf Coast liquefied natural gas (LNG) export project has crystallized fears that the U.S. trade battle with China is hampering efforts to line up buyers needed to move ahead with multi-billion-dollar builds.The United States…

Philippines Short-lists Three Groups for LNG Terminal Project

Oct 30, 2018

The Philippines has short-listed three different groups to build and operate its first liquefied natural gas (LNG) import terminal and hopes to nominate one by November, its energy minister said on Tuesday.Short-listed companies were chosen from 18 groups that submitted proposals for the project…

Ampyx Power, NLR to Join Wind Energy Solutions

Oct 30, 2018

The Dutch Topsector Energie-TKI Wind op Zee recently awarded a subsidy to Dutch wind energy technology developer Ampyx Power and the Netherlands Aerospace Centre (NLR).The two organizations are undertaking a joint project aimed at optimizing…

McDermott Gets Saipem as Partner for NextDecade

Oct 30, 2018

McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade's planned Rio Grande LNG project in Brownsville, Texas.'Our joint bid with Saipem will feature optimized…

Smulders Updates Deutsche Bucht Offshore Wind Farm

Oct 29, 2018

Smulders, acting for and on behalf of the JV Iemants-Eiffage, has reached the next step in the realization of the substation for the Deutsche Bucht offshore wind farm.Ten months after starting the final assembly in January 2018 at the yard of Damen Shiprepair Vlissingen…

YPF to Spend Billions to Boost Oil and Gas Output

Oct 26, 2018

Argentina's state-controlled oil company, YPF, will significantly boost oil and gas production, investing between $4 billion and $5 billion per year through 2022, Chief Executive Daniel Gonzalez told Reuters on Friday.It plans to raise production by between 5 percent and 7 percent per year…

OPEC, Allies May Need to Change Course as Oil Inventories Rise

Oct 25, 2018

OPEC signaled on Thursday it may have to return to oil production cuts as global inventories rise, in a statement that may further sour relations with U.S. President Donald Trump.The president has repeatedly lashed out at the Organization of the Petroleum Exporting Countries…

Arkona Offshore Wind Farm Completed in Record Time

Oct 25, 2018

Construction of Germany's 385 MW Arkona offshore wind farm in the Baltic Sea has been completed at a new record speed: The workers needed less than three months to erect 60 turbines.'The joint project between E.ON and the Norwegian energy company…

Russia's Novak: Not Aware of any Eni Withdrawal from Rosneft Projects

Oct 24, 2018

Russian Energy Minister Alexander Novak said on Wednesday he was not aware of any decision by Italy's ENI to suspend its involvement in any Rosneft projects.Earlier on Wednesday, Interfax news agency reported that the two oil majors were discussing…

FERC Green Signal for Calcasieu Pass LNG

Oct 24, 2018

Venture Global LNG announced that the U.S. Federal Energy Regulatory Commission (FERC) has issued the final Environmental Impact Statement (EIS) for the company’s 10 MTPA Calcasieu Pass facility on the Gulf of Mexico.On August 31, 2018, FERC…

Pavilion Inks Long-term LNG Charter Deal with BW

Oct 22, 2018

Singapore's Pavilion Energy has signed an agreement with commodities shipper BW Group for the long-term charter of two newly built liquefied natural gas (LNG) vessels, the company said on Monday.The 173,400 cubic meter vessels, expected to be delivered between 2019 and 2020…

Siemens Gamesa Plans Assembly Plant in Taiwan

Oct 22, 2018

Wind turbine maker Siemens Gamesa will build an assembly plant in Taiwan if it gets a firm order from Denmark's Orsted to supply its 900-megawatt Greater Changhua offshore wind farm, the German-Spanish company said on Monday.Siemens Gamesa,…

Saudi Aramco to Invest in China

Oct 22, 2018

Saudi Aramco recently signed an MoU with Chinese Zhejiang provincial government during the 2nd International Petroleum and Natural Gas Enterprises Conference (IPEC), to acquire a share of Zhejiang Petrochemical’s new refinery project.Abdulaziz Al Judaimi…

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