A rapid transition could lead to “premature scrapping” of over a third of the fleet, valued at over $400 billion, unless they undergo costly retrofits to remain competitive in the wake of new greenhouse gas (GHG) policies and wider energy transition, a…
With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom.
The post $1.3…
$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza Read More »
Price volatility, rise in costs, climate change, energy transition agendas, rising power demand, and emerging technologies and innovations, including market evolution, automation, and progress in unleashing the benefits of artificial intelligence (AI),…
Workforce cuts on the rise: Oil & gas giants’ cost-saving quests fuel layoffs’ wave Read More »
China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025.
The post CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays appeared first on Offshore Energy.
Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest?
The post Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause…