Renewables: R&D is key
In order for renewables targets to be met, and schemes to be completed, the message is clear: invest in R&D.
Stay up to date with the latest news and updates from the oil industry.
In order for renewables targets to be met, and schemes to be completed, the message is clear: invest in R&D.
Hoegh LNG has signed an agreement with PT Perusahaan Gas Negara (PGN) to provide them with an FSRU and mooring system offshore Belawan, near the city of Medan, in North Sumatra, Indonesia. The project will employ the first of Höegh LNG's new building FSRUs under construction at Hyundai Heavy Industries Ltd in Korea.
Kinder Morgan Energy Partners has announced plans to invest approximately US$ 140 million to further expand its coal handling facilities along the Gulf Coast.
ConocoPhillips and the China National Offshore Oil Corp. (CNOOC) have reached an agreement with China's Ministry of Agriculture to resolve issues related to the June 2011 incidents at the Peng Lai 19-3 field in Bohai Bay.
The American Petroleum Institute says that with right policy changes, administration support for energy development could be a needed course correction.
Energy Information Administration energy projections show need for policy changes, according to the American Petroleum Institute.
Peabody Energy has announced in full year results for 2012, reporting an increase in operating profits to US$ 1.59 billion. Investment in Australia will continue apace; however, the company warns of depressed conditions in the US market due to muted economic growth and increased coal-to-gas switching.
Tenaris and CRC-Evans have entered in a strategic co-operation agreement for offshore pipeline applications.
Polish company, Lotos, will begin drilling operations in Lithuania in the hopes of finding shale gas.
India is set to become the largest importer of coal in the world. But doubts remain over many aspects of current power sector legislation and electricity tariffs. Mike King examines the uncertainty this is creating for the power generating companies and the miners that serve them.
Environmental regulation of the Canadian oilsands projects is similar to other operations of comparable size and scope, IHS CERA report says.
Norwegian company, Hoegh, has won a contract for one of its soon-to-be-built LNG floating storage and regasification units.