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DNV’s Energy Transition Outlook 2021 Offers an Independent View of Oil and Gas Through 2050
Category: Business News
This week DNV made a live presentation of their Energy Transition Outlook 2021. This offered a forecast of things to come from an independent and reliable company. Oil and gas readers can get a better feel for the global role of government policy, the rate of changeover from fossil power plants to renewables, future oil […]
Source: Forbes
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Norwegian Government Proposes Overhaul of Petroleum Tax System
Category: Business News
OSLO, Aug 31 (Reuters) – Norway’s government has proposed overhauling taxation of its oil and gas firmsby scrapping some incentives, it said in a surprise announcement on Tuesday, further heating up a pre-election debate over the future of the country’s top industry. If passed by parliament, the proposals would remove deductions that some economists say […]
Source: Reuters
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ABS Brings Together Leading Industry Players to Tackle Safety Challenge of Aging FPSO Fleet
Category: Business News
HOUSTON – ABS has brought together leading companies in the Floating Production Storage and Offloading (FPSO) sector to address the safety challenges produced by a fleet where more than half of the ship type vessels are over 30 years old, and a quarter are over 40 years old. The working group, consisting of Chevron, Shell […]
Source: World Oil
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Green Ammonia from HEGRA to Secure Norwegian Competitiveness
Category: Business News
Herøya, Norway, 16 August 2021, 07:30 CET: Today the company HEGRA is launched at Herøya, Porsgrunn, with former Statnett CEO, Auke Lont as Chairman. The company aims to electrify and decarbonize the ammonia plant at Herøya, enabling large-scale green ammonia production. «HEGRA» is short for HErøya GReen Ammonia, and is co-owned by Yara, Aker Clean […]
Source: GlobeNewswire
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New Offshore Wind Projects Poised to Contribute to Energy Transition
Category: Business News
Power generation from offshore wind turbines is projected to increase 700% over the next 10 years. Developing local supply chains in Europe and the U.S. will increase efficiency, reduce costs and help drive a green recovery, post-Covid-19. Global offshore wind capacity is set to surge to over 234 GW by 2030, from 29.1 GW at […]
Source: World Oil
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