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Aker Solutions wins FEED contract for e-Fuel plant in Norway

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Aker Solutions has signed a contract with Nordic Blue Crude (NBC) for front-end engineering and design (FEED) of a new e-Fuel facility at Herøya in Porsgrunn, Norway. The e-Fuel plant is planned to produce CO 2 -neutral fuel by using green hydrogen and furnace gas from an existing factory.

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T&E study finds EU has replaced Russian oil barrel-for-barrel as continent fails to cut demand

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Since the EU imposed sanctions on Russia in the wake of the invasion of Ukraine, there has been a redrawing of the global oil map, a new study by Transport & Environment (T&E) shows. Instead of cutting demand, Europe has simply replaced imports from Russia with oil from other producing countries. C carbon budget.

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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

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This fall was driven mainly by oil, which accounted for almost three quarters of the net decline. Natural gas prices declined to multi-year lows; however, the share of gas in primary energy continued to rise, reaching a record high of 24.7%. World oil production fell for the first time since 2009 by 6.6 The US (-2.3

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Equinor Energy & Mitsubishi Heavy to collaborate on low-carbon technology to reduce carbon footprint of oil & gas operations

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Norway-based energy company Equinor Energy and Mitsubishi Heavy Industries (MHI) signed a Memorandum of Understanding (MoU) for a low-carbon technology collaboration. The non-exclusive cooperation agreement will see both companies develop and use technology to reduce the carbon footprint of oil & gas operations.

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EIA expects record global petroleum consumption in 2024, with lower crude oil prices

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EIA expects crude oil prices to decrease through 2023 and 2024, even as petroleum consumption increases, largely because growth in crude oil production in the United States and abroad will continue to increase over the next two years. Areas of uncertainty include Russian oil supply and OPEC production.

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H2Carrier and Anori developing PtX project in Greenland; production of green ammonia on floating platform P2XFloater

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H2Carrier AS and Greenland-based Anori A/S have signed a Letter of Intent (LOI) with the purpose of developing the first commercial wind farm in Greenland with subsequent production and export of green ammonia. The 1.5GW wind farm will supply power to H2Carrier’s floating production vessel for hydrogen and green ammonia, the P2XFloater.

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Eni report: global oil reserves and oil production up in 2018 due to US

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Eni has released the 18 th edition of the World Oil, Gas and Renewables Review , the annual statistics report on oil, natural gas and renewables sources. The second volume, the World Gas and Renewables Review , focused on natural gas and renewables sources (solar, wind and biofuels), will be published in autumn.