ENERGY NEWS

Ukraine Gas Investment Congress creates partnerships in Ukraine’s gas sector

The first ever Ukraine Gas Investment Congress was launched yesterday in Kyiv, as Ukraine looks to attract international investors and partners for its ambitious goals of achieving net-zero natural gas imports within five years, and carbon neutrality by 2040. read more

Shaping Ukraine’s energy future

As Europe enters an historical phase of energy transition, Ukraine Gas Investment Congress (UGIC) will provide a platform for efficient co-operation; a showcase for new concepts and solutions; and a hub to explore the role of the cleanest-burning fossil fuel in the continent’s energy future. read more

Analysis: Gazprom signals no change in gas flows to Europe

Wholesale natural gas prices across Europe rallied on Monday morning, as bookings for pipeline access for November showed Russia’s Gazprom expects to leave flows unchanged into western Europe next month. Tom Marzec-Manser, Lead Analyst (European Gas/LNG) at ICIS, reports. read more

Green hydrogen firm Protium to partner with energy services leader Petrofac

UK green hydrogen energy company Protium has announced the signing of a strategic partnership with Petrofac – a leading international service provider to the energy industry – with the aim of delivering green hydrogen projects in the UK. read more

REPORT: Careful policy design could unlock massive rooftop solar market globally

A new BloombergNEF (BNEF) and Schneider Electric report finds rooftop solar market still largely untapped, with potential to exceed 2,000GW of solar and 1,000 gigawatt-hours of energy storage by 2050. read more

Laureates of the 2021 Global Energy Prize announced

The winners of the 2021 Global Energy Prize were announced on 6th September in Kazan. The laureates were: Russian scientists Zinfer Ismagilov and Suleyman Alakhverdiev, alongside American academic Yi Cui. read more

Welltec becomes key partner in Denmark’s ‘Project Greensand’

Energy sector technology stalwart Welltec has become a central partner in Demark’s Project Greensand – an ambitious and innovative initiative to develop new ways to capture and store CO2. read more

World’s first subsea DAS installation carried out in offshore Gulf of Mexico

UK-based Silixa has announced successful installation, validation, and borehole seismic acquisition from a permanently installed fibre optic Distributed Acoustic Sensing (DAS) system, Carina® Subsea 4D, on BP’s Atlantis Phase 3 subsea field development, marking a world ‘first’. read more

Wärtsilä storage system to support Taiwan’s ambitious renewable energy targets

Technology group Wärtsilä will supply a 5.2MW / 5.2MWh energy storage system to provide the frequency regulation in the ancillary service market for the Taiwanese grid as the country seeks to achieve 20 per cent of its energy from renewable sources by 2025. read more

Tensio to utilise digital twin service Kognitwin Grid

The recently concluded research project KogniGrid resulted in Kongsberg Digital’s newly commercialised digital twin for power grids, Kognitwin Grid. Now, Norway’s second largest power grid company – Tensio – has signed up for a six-month trial of the new SaaS product. read more

Sub-Saharan oil aspirations could be curtailed by lack of investment

Sub-Saharan Africa’s oil production aspirations could be scuppered by a lack of investment and low number of new projects coming online, according to GlobalData. read more

Renewable energy investment hits first-half year record in 2021

According to research company BloombergNEF (BNEF), new investment in renewable energy projects and companies totalled US$174 billion in the first half of 2021, supported by record public market financing and record levels of venture capital and private equity commitments. read more

Wärtsilä launches major test programme to advance carbon-free solutions with hydrogen and ammonia

Technology group Wärtsilä is pioneering the adoption of hydrogen and ammonia as viable engine fuels via advanced testing in its fuel-flexible combustion engines, as the company continues to lead transformation in the energy and marine sectors towards carbon-free solutions. read more

UK’s FCA clears acquisition of Octopus Renewables by Octopus Energy

Acquisition of sister company makes Octopus Energy one of Europe’s largest operators and investors in solar and onshore wind power, adding £3.4bn worth of green energy projects to the firm’s asset management portfolio. read more

Replacing coal with renewable generation and flexibility promises European energy independence, Wärtsilä finds

Modelling by technology group Wärtsilä has revealed that major system-wide benefits are in reach for European power producers that rapidly replace coal with renewable generation and flexibility – from avoiding fuel and carbon costs, to new clean power export opportunities. read more

Major power plant in Malta renews Wärtsilä service agreement for second time

Successful operating performance has resulted in Delimara Power Plant 3 (D3) – a major supplier of electricity to Malta – renewing its long-term service agreement with leading technology group Wärtsilä for the second time. read more

GECF: “Natural gas a vital element in mission net-zero”

In a recently issued statement, the Gas Exporting Countries Forum (GECF) – an intergovernmental coalition of 19 of the world’s leading gas producers, together representing 70 per cent of proven natural gas reserves, 52 per cent of gas pipeline, and 51 per cent of LNG exports – echoed the International Energy Agency (IEA)’s recent report ‘Net Zero by 2050’. read more

Must-have digital trends for leaders of the O&G market to be explored at AUTOMA 2021

Digitalisation of almost every working process affected the oil & gas industry in 2020, and this transformation continues today. To learn more about such cutting-edge technology trends, industry leaders will join the Oil & Gas Automation and Digitalization Congress 2021 (AUTOMA 2021) from 4-5 October. read more

Detailed programme released for the 36th International Gas Professionals Meeting

Explore the cutting-edge detailed programme of the 36th International Gas Professionals Meeting – southeast Europe’s leading gas conference and expo, which returns to Opatija, Croatia from 16–18 June. read more

Parker’s new clearcurrent® ASSURE filters are best-in-class for advanced gas turbines

The Gas Turbine Filtration Division of Parker Hannifin Corporation – a global leader in motion and control technologies – has announced the launch of its clearcurrent® ASSURE filters for high-performance gas turbines. read more

Virtual forum in June expected to be the energy world’s largest meeting of minds

The largest energy event of its kind, the three-day digital ‘All Things Energy Forum’ (2–4 June 2021) will engage the entire spectrum of the energy industry, with a focus on economy and innovation within the context of a pandemic, alongside international politics, energy trade, environmental policies, and state-of-the-art technology. read more

Gulf Petrochemicals & Chemicals Association teams up with Oxford Business Group for new Covid-19 response report

A new Covid-19 Response Report (CRR) – produced by Oxford Business Group (OBG) in partnership with the Gulf Petrochemicals and Chemicals Association (GPCA) – will explore the key role that innovation is set to play in adding value to the downstream energy industry and driving new growth, as the region’s markets advance their economic diversification strategies. read more

Top energy industry experts gather online for Oil & Gas Automation and Digitalization Congress (AUTOMA)

The third edition of the Oil & Gas Automation and Digitalization Congress (AUTOMA) – covering upstream, midstream and downstream sectors – successfully concluded last week on the BGS Online Platform. read more

Could wave energy be used to help decarbonise the oil & gas industry? A new collaboration explores the potential

With oil set to remain a part of the energy mix in the decades ahead, green energy innovator Ocean Harvesting Technologies, in collaboration with Lundin Energy Norway, is exploring how wave energy could be used to provide electricity to oil & gas platforms. read more

ABB urges greater adoption of high-efficiency motors and drives to combat climate change

In a new whitepaper, ABB reveals potential for significant energy efficiency improvements in industry and infrastructure enabled by the latest and most high-efficiency motors and variable speed drives. ABB calls on governments and industry to accelerate adoption of the technology to help combat climate change. read more

Baseload Capital closes equity round of $25m with Chevron as new strategic investor

Baseload Capital – the Swedish company specialised in funding the deployment of heat power worldwide – has announced the successful close of a US$25 million funding round with Chevron Technology Ventures as a new strategic investor. read more

Eco Wave Power wins Global Innovation Award 2021 at Abu Dhabi Sustainability Week

Eco Wave Power (EWPG Holding AB) – a Swedish-Israeli wave energy developer – has won the public voting for the Global Innovation Award, in the ‘Life Under Water’ category, at Abu Dhabi Sustainability Week. The company’s innovative wave-to-energy solution generates clean electricity from ocean and sea waves. read more

GECF unveils fifth edition of Global Gas Outlook 2050

The Gas Exporting Countries Forum (GECF), the global platform of the leading gas producing nations, today unveiled the 5th edition of its annual GECF Global Gas Outlook 2050 (Outlook) at an online event attended by energy ministers and senior representatives from the Forum’s Member Countries, alongside a bevy of dignitaries and gas industry stakeholders. read more

Legendary race-car driver Mario Andretti joins the hydrogen fuel movement

The Andretti Group – headed up by racing legend Mario Andretti – is entering an agreement with PowerTap Hydrogen Fueling Corp. to install PowerTap’s proprietary hydrogen production and fuelling modules across the Group’s network of gas stations in the US. Starting with California, Andretti Group's footprint of gas stations will make hydrogen fuel accessible to a wide west coast network, amidst forecasts that hydrogen will take 25 per cent of oil demand by 2050. read more

Quantafuel and Geminor initiate industrial partnership

Energy company Quantafuel ASA has acquired 40 per cent of the shares in resource management company Geminor AS. The acquisition makes the two Norwegian companies industry partners and leading players in the development of chemical recycling of plastics in Europe. read more

Latest issue – Vol 3/21
Lead stories
– Security focus
– Global gas supply risk
– Deepwater dangers – Cyber-security on deepsea drill rigs 
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Suriname International Petroleum & Gas Summit and Exhibition 2021

VIRTUAL

International “Astana Mining & Metallurgy” Congress

Nur-Sultan, Kazakhstan

Ukraine Gas Investment Congress 2021

PARKOVY Convention and Exhibition Center, Kyiv, Ukraine