Jan 30, 2025 · World Energy News Home News. Baker Hughes: US oil & gas rig count at lowest since Dec 2021. U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four ...

Jan 30, 2025 · TVO Contracts 4C Global Consultancy to Support UK Clients. Trendsetter Vulcan Offshore (TVO), a developer of innovative solutions for the offshore industry, has engaged Finlay Johnston, through 4C Global Consultancy, to lead business development efforts for TVO in the UK.“We recently appointed a country manager in Australia and are continuing to add to our global team,” says TVO President ...

21 hours ago · The European spot electricity prices dropped on Thursday, as LSEG data predicted that German wind energy generation would triple in the next day. LSEG's analysis said that lower thermal availability was also bullish, but that the demand in the region is expected to decline day by day. French ...

Jan 29, 2025 · Shell's incoming Chief Executive Wael Sawan is set to accelerate the group's drive to build its renewable energy business, including through a possible "transformative" clean power acquisition, company and industry sources said.Sawan… A new report from the International Energy Agency (IEA ...

Jan 8, 2025 · Since 2019, hydrogen and carbon capture and storage (CCS) have risen up the political agenda, globally, offering a route to decarbonization, as well as (more recently), increased energy security. Many are eying use of existing pipeline to make both happen. Elaine Maslin takes a look.Hydrogen ...

1 day ago · Data provided by the operator for the state-owned gas transmission system revealed that Ukraine intends to double its daily imports of gas on Wednesday, to 5 million cubic meters (mcm). The operator did explain the reason for the increase. However, temperatures in central Ukraine can fall to minus ...

Jan 17, 2025 · Oil Dips on Larger US Crude Draw, Russia Sanctions. Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on U.S. President Joe Biden's latest sanctions targeting Russia and a larger than forecast fall in U.S. crude stocks.Brent crude futures were down 12 cents…

Jan 17, 2025 · Industry Award for Sustainable Drilling Waste Solution. Specialist drilling waste management company, TWMA, has been announced as a finalist in this year’s SPE Offshore Achievement Awards.Shortlisted for the Sustainability Project Award, this recognition celebrates TWMA’s RotoMill technology, an innovative offshore processing solution that decarbonises drilling waste operations by more ...

Dec 3, 2024 · The Top 10 Offshore Wind Energy Trends to Watch in 2023. The drivers for global offshore wind growth look good for 2023. Global offshore wind is forecast to grow from over 60 GW at the end of 2022 to 240 GW by 2030 and over 410 GW by 2035.

4 days ago · Exxon to Cut 14,000 Jobs as Pandemic Hits Oil Demand. ExxonMobil Corp said on Thursday it could cut its global workforce by about 15%, including deep white-collar staff reductions in the United States, as the COVID-19 pandemic batters energy demand and prices.Exxon and other oil producers have been slashing costs due to a collapse in oil demand and ill-timed bets on new projects.