The concept of using wind power for offshore oil and gas applications is one step closer to realisation. WIN WIN, a DNV GL-led joint industry project (JIP), is running with the following seven participants: ExxonMobil, ENI Norge, Nexen Petroleum UK Ltd, Statoil, VNG, PG Flow Solutions, and ORE Catapult. Initial DNV GL studies showed that… Keep reading →
U.S. electric utilities are increasingly confident that distributed generation – that is, power assets with a capacity less than 20 megawatts – will grow significantly from today’s current levels. Furthermore, while many utilities see distributed generation as a potential threat to their business, they are quite open to considering investments in that space and related… Keep reading →
The Joint Comprehensive Plan of Action (JCPOA), intended to prevent Iran from acquiring a nuclear weapon and to ensure that Iran’s nuclear program will be directed toward exclusively peaceful purposes, went into effect October 18, 2015.
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance, geology,… Keep reading →
Google has announced its newest investment in a wind power project in Kenya that, when completed, will be Africa’s biggest wind farm. [The Washington Post] The blowout of an oil well in White Earth, North Dakota over the weekend remains uncontrolled as the State Health Department’s new spill investigation team is on scene. [Bismarck Tribune]… Keep reading →
Below are brief summaries of the agenda items for the Federal Energy Regulatory Commission’s October 15, 2015 meeting.
On October 1, 2015, the Department of Transportation’s (DOT) Pipeline and Hazardous Materials Safety Administration (PHMSA) proposed changes to strengthen its hazardous liquid pipeline safety regulations. The proposal aims to address mandates from the Pipeline Safety, Regulatory Certainty, and Job Creation Act of 2011 (Pipeline Safety Act), which requires improvements in operation, maintenance, and inspection… Keep reading →
Last week’s bipartisan U.S. House vote to end America’s 1970s-era ban on crude oil exports is stirring needed debate over U.S. energy and trade policy as the exports issue advances in Congress. Unfortunately, much of the conversation remains focused on the wrong things. For example, export opponents continue to say the United States shouldn’t export… Keep reading →
Chief executives from 10 of the world’s largest oil and gas companies have pledged their support for reaching a climate change agreement at the upcoming conference in Paris. [FT] Oil prices seesawed on Friday as traders awaited Baker Hughes’ weekly rig count at the end of a week that saw prices slide nearly 7 percent.… Keep reading →
The energy industry – oil & gas sector in particular – is bracing itself for a massive wave of retirements over the short to medium term, which has been dubbed “The Great Shift Change.” As the industry prepares for this turnover, companies are looking to the next generation of candidates with skills ranging from finance, geology,… Keep reading →
