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bp starts oil production at Argos platform in the Gulf of Mexico; first new platform since 2008

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bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

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Siemens Energy secures 50 MW electrolyzer order from European Energy for first large-scale eMethanol project

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European Energy , a Danish developer and operator of green energy projects, has ordered a 50 MW electrolyzer from Siemens Energy for use in developing the first large-scale commercial e-Methanol production facility. —Knud Erik Andersen, CEO of European Energy.

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Bloom Energy and Samsung Heavy Industries team up to build ships powered by solid oxide fuel cells running on natural gas

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Bloom Energy and Samsung Heavy Industries (SHI), a part of Samsung Group, today are collaborating to design and develop ships powered by Bloom Energy’s solid oxide fuel cell technology. Bloom Energy is the world’s leading provider of stationary fuel cells and SHI is one of the world’s largest shipbuilding companies.

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Fusion Tech Finds Geothermal Energy Application

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The upper 10 kilometers of the Earth’s crust contains vast geothermal reserves , essentially awaiting human energy consumption to begin to tap into its unstinting power output —which itself yields no greenhouse gasses. Quaise Energy , based in Cambridge, Mass.,

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Commentary: Could falling oil prices spark a financial crisis?

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The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 Junk-bond debt in energy has reached $210 billion, which is about 16 percent of the $1.3 by Nick Cunningham of Oilprice.com.

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Douglas-Westwood: oil & gas industry need to push High-Pressure - High Temperature envelope

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In its latest Monday note, energy research company Douglas-Westwood wrote that the Exploration & Production industry (E&P), experiencing rising global hydrocarbon demand as well as rising costs, is facing the technical challenge of the development of High Pressure – High Temperature (HPHT) reserves.

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Sapphire Energy and Phillips 66 parter on co-processing of algae crude oil with conventional crude

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San Diego-based Sapphire Energy, Inc., one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization.

Oil 199