Amid the steam rising around Iceland’s Hellisheioi station sits a newly built warehouse surrounded by giant fans run by carbon removal startup Climeworks. Dubbed Mammoth, the project is now the world’s biggest plant to suck carbon dioxide from the air.
The Health and Safety Executive (HSE) has reprimanded North Sea operator Repsol Resources UK for failing to secure effective emergency response measures at its Fulmar A platform.
Oil and gas firms in Norway reached agreement on a new wage deal with offshore unions on Wednesday, averting the risk of strike action later this year.
Offshore rig operator Diamond Offshore Drilling (NYSE:DO) returned to profit with $11.6 million in Q1 earnings, a marked turnaround from its previous quarter loss.
The share of global electricity from renewables rose to a record 30% last year as the growth of wind and solar power continued to far exceed that of fossil fuels.
TotalEnergies SE’s chief executive officer has plenty of reasons to antagonize the French government with the possibility of moving its stock listing to Wall Street. Measured in dollars, there are tens of billions of them.
The UK government has awarded a £196 million grant to build the first next generation nuclear fuel facility in Europe in a bid to further isolate Russia from global energy markets.
Siemens Energy AG (FWB:ENR) shares jumped 14% after the company signaled its lucrative gas and electric grid businesses were no longer burdened by ongoing losses at its struggling wind-turbine unit.
The Health and Safety Executive (HSE) has issued a notice to offshore and onshore wind developers after a turbine technician was injured by a service lift.
Henrik Andersen is no stranger to crisis. A decade ago turbine maker Vestas Wind Systems A/S (CPH:VWS) was in trouble when governments pulled back subsidies for renewable power.
Bristow Group (NYSE:VTOL) helicopter pilots are set to take immediate strike action across five weeks in May and June in a dispute over pay, the British Airline Pilots Association (BALPA) announced today.
Oil giant BP (LON:BP) has reported a first quarter profit of $2.3 billion, significantly lower than the company's $8.2 billion result in the same period last year.
By Sarah Kimpton, Vice President, Energy Transition & Innovation Development, Energy Systems at DNV
Increases in water demand for the energy transition are set to run in parallel with climate change-induced alterations to water supplies, with possibly severe implications for the viability of different energy transition sources.
In 2021, weeks after the COP26 summit in Glasgow, the chairman of the UK's Oil and Gas Authority said the North Sea offshore energy industry's social licence to operate was "barely holding".
The approval of the Green Volt floating offshore wind farm has raised concerns about the lack of a Scottish state energy company, with the Japanese and Italian governments set to benefit through stakes in its developers.
French prosecutors asked survivors and families of victims of a jihadist attack in Mozambique three years ago for more information before a decision on whether to start an investigation into their claims against TotalEnergies SE of involuntary manslaughter, Agence France-Presse reported.
Australia-listed North Sea operator Hartshead Resources (ASX:HHR) has been placed into a trading halt at the company's request, pending an announcement.