Russia will create a firm which will take over all rights and obligations of the Sakhalin Energy Investment Company amid Western sanctions imposed on Moscow, a decree signed by President Vladimir Putin said on Thursday.The 5-page decree indicates…
A state agency in Australia has backed a plan to extend the life of the country's biggest liquefied natural gas plant by 50 years, so long as it achieves net zero carbon emissions for the rest of this decade, partly to protect ancient indigenous rock art…
Russian gas giant Gazprom has decided not to pay dividends on last year's results, the first time it will not pay out since 1998, sending its shares plunging by nearly 30%.'The shareholders decided that in the current situation it is not advisable to pay dividends based on the 2021 results…
China is laying the groundwork to take an ever increasing share of steeply discounted Russian crude oil in a move that could, in theory at least, free up supplies from other countries and boost the supply of refined fuels.The world's biggest crude importer bought record volumes from Russia in May…
Norwegian offshore wind company Deep Wind Offshore has signed an agreement with South Korea's East West Power, to collaborate on projects totalling more than 4GW of floating and bottom fixed offshore wind in South Korea. 'We are extremely excited to collaborate with EWP on these projects…
Mitsui O.S.K. Lines, Ltd. (MOL) and TotalEnergies Marine Fuels have completed the first refuelling of a ship with biofuels in Singapore, the shipping company said on Wednesday.The ship, a car and truck carrier named Heroic Ace, was refueled…
A helicopter carrying seven passengers and two pilots ditched in the Arabian Sea near the Indian oil company ONGC's jack-up rig Sagar Kiran, in Mumbai High, offshore India. Four people died. According to initial tweets from the Coast Guard and…
ExxonMobil's Australian subsidiary Esso Australia, the operator of the Gippsland Basin Joint Venture, has recently started a technical tender procedure process for the decommissioning of several offshore platforms in Australia's Bass Strait…
Shanghai Electric Wind Power Group Co., Ltd. said Friday its first EW8.X-230 offshore wind turbine generator had recently rolled off the production line at the Putian manufacturing facility.The wind turbine generator is designed for the medium…
Corio Generation, a recently established offshore wind branch of Macquarie's Green Investment Group (GIG), has signed an agreement with Vietnamese construction and infrastructure group FECON for a proposed 500 MW offshore windfarm in Ba Ria…
Oil spilled last week at Jadestone's Montara field offshore Australia, during crude oil transfer between two crude oil tanks onboard the Montara Venture FPSO, forcing the company to shut down production from the offshore fied.'During the transfer…
Japan's government plans to resume public auctions for offshore wind power projects by the end of this year, after revising rules to draw a wider range of bidders and encourage faster development of new infrastructure.The resumption follows…
The Philippines' outgoing foreign minister said on Thursday that talks over joint energy exploration between his country and China in the South China Sea had been terminated, citing constitutional constraints and issues of sovereignty.The two…
BlueFloat Energy and Energy Estate partnership on Thursday announced its latest offshore wind development in Australia – the 1.155 GW Southern Winds offshore wind project.Southern Winds will use bottom-fixed technology and will be located 10…
The Australian Conservation Foundation said it has asked the Federal Court to stop Woodside Energy Group from working on the $5.7 billion [for the offshore component only] Scarborough gas project until an assessment is made about its potential impact on the Great Barrier Reef…
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