This post was originally published on this siteNeptune Energy and RWE have signed an agreement to develop the H2opZee offshore green hydrogen project ahead of 2030.

This post was originally published on this siteShell has enhanced its focus on stakeholders engagement and appointed a new Strategy, Sustainability, and Corporate Relations director.

This post was originally published on this siteSaipem has been struggling to cope with lower energy demand and sagging investments.

This post was originally published on this siteBorr Drilling has won several new rig deals and postponed the delivery of newbuilds by two years.

This post was originally published on this siteLONDON, Feb 15 (Reuters) – Global petroleum inventories are the tightest for years in a sign the market is overheating, as the global economy recovers rapidly from the coronavirus pandemic and major oil producers refuse to increase output faster. Commercial inventories held in the countries of the Organisation

This post was originally published on this siteFeb 15, 2022 (Bloomberg) Vistra Corp. was once again forced to shut down part of California’s biggest battery storage system after some components malfunctioned. The company took offline its 100-megawatt Moss Landing battery facility after a safety system activated late on Sunday, according to a statement. It’s the second incident

This post was originally published on this siteFeb 15, 2022 (Bloomberg) A vital corner of the crude market is flashing increasingly bullish signs, even as oil futures whipsawed with investors digesting the latest updates from the developing situation between Russia and Ukraine. The premium of Brent oil’s front-month contract to the second month — known as prompt

This post was originally published on this siteFeb 16, 2022 (Bloomberg) Oil recovered from its biggest one-day loss this year as investors attempted to assess whether the Ukraine crisis was easing after Russia said it had pulled some troops back from the border. West Texas Intermediate rose above $93 a barrel. U.S. officials said they haven’t

This post was originally published on this siteFeb 16, 2022 (Bloomberg) The International Energy Agency urged OPEC and its allies to address a widening shortfall in their oil production as a volatile market sends crude prices rocketing toward $100 a barrel.While fuel consumption is bouncing back from the pandemic, the 23-nation alliance led by Saudi Arabia

This post was originally published on this siteFeb 16, 2022 (Bloomberg) The International Energy Agency urged OPEC and its allies to address a widening shortfall in their oil production as a volatile market sends crude prices rocketing toward $100 a barrel.While fuel consumption is bouncing back from the pandemic, the 23-nation alliance led by Saudi Arabia