News & Press Releases
News & Press Releases
Sakhalin 2 From Russia Estimates A Drop In LNG Shipments
The Sakhalin 2 development in Russia's far east may need to restrict gas production, according to state-controlled gas giant Gazprom, in order to prolong the life of the project.
Sakhalin 2's newly established operator, Sakhalinskaya Energiya, reported in its most...
News & Press Releases
Canada Share Buyback Tax May Backfire, Energy Sector Warns
According to industry leaders and analysts, Canada's proposal to tax corporate stock buybacks is unlikely to prevent oil and gas producers from returning cash to shareholders and may even make them less competitive.
According to CIBC, Canadian energy companies have...
News & Press Releases
German Offshore Wind Output Predicted To Reach 50 GW By 2035
The German government intends to develop 50 GW of installed offshore wind energy capacity by 2035, above its initial target of 40 GW.
Berlin plans to offer 4 GW of offshore wind energy capacity each year starting in 2027 in...
News & Press Releases
Are Solar Panels Worth the Investment?
The rise in energy bills for millions of households in the UK has once again put the nature of our relationship with energy under the spotlight. The UK’s reliance on natural gas and hydrocarbons is well-documented, and also well-documented...
News & Press Releases
Floating Solar Wind Turbine Off China Awaits Storm Test
After building an offshore floating PV plant combined with a wind turbine, Chinese development behemoth SPIC and a Norwegian solar leader are claiming a world first. They now hope it can withstand a confrontational typhoon season in China.
The hybrid...
News & Press Releases
Guyana Holds Offshore Oil Auction Under New Budgetary Terms
According to the vice president of the South American country, Guyana, one of the world's busiest oil drilling regions, will provide 14 offshore exploration blocks under conditions that substantially raise its share of oil earnings.This week, officials approved an...
News & Press Releases
China Needs Backup As Wind And Solar To Reach Grid Parity
According to Moody's Investors Service, energy storage will be crucial in assisting China's wind and electricity sectors as they approach grid parity for future initiatives.
Based on a statement from Moody's, even though it will take some time for storage...
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