News

  • Biden Plan Pushes EV Charging Network

    The US auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the US$174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.   The proposal, which…

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  • PGNiG, Naftogaz sign MoU for potential gas production in Ukraine

    Polskie Górnictwo Naftowe i Gazownictwo SA (PGNiG) and the Naftogaz Group, Ukraine’s national oil and gas company, have signed a memorandum of understanding regarding cooperation in exploration of hydrocarbon resources and gas production in Ukraine.   PGNiG’s contribution to a potential cooperation will include, among…

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  • New Poll Shows Widespread US Support for Pipelines

    The Association of Oil Pipe Lines (AOPL) has released new polling data measuring the sentiment of the American public toward pipelines, climate change and the energy transition.   By wide margins across key audiences, Americans support pipelines to move their energy and want to avoid…

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  • North Sea wind farm, hydrogen production proposed for SeaH2Land project

    Ørsted is looking to develop the offshore wind farm and electrolyser for the SeaH2Land project for the Dutch-Flemish North Sea Port cluster.   This envisages construction of a regional cross-border pipeline transporting green electricity from renewable hydrogen produced offshore to large industrial companies in the…

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  • Insurance Jottings

    Standard Club Article: MV EVER GIVEN – Suez Canal Grounding – Member Alert This Standard Club member alert is intended to give members some topical guidance on some of the many issues that the shipping world faces as a result of the grounding of the…

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  • Aramco Up as Saudis Prioritise Spend Over Dividend

    Saudi Aramco rose the most in ten months in Riyadh trading after the government allowed it to cut dividends and redirect the cash into new investments to fulfil the crown prince’s economic plans.   It would relieve some of the pressure on the world’s biggest…

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  • KrisEnergy completes Vietnam farm-out

    After several delays, Singapore’s oil and gas company KrisEnergy has completed a farm-out agreement for its entire working interest in Block 115/09 located offshore Vietnam.   KrisEnergy entered into the initial farm-out agreement with an unnamed “major international oil and gas company” for the transfer…

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  • India Can Boost Clean Energy and Double Its Power Supply by 2030

    India has set ambitious targets for renewable power, with plans to quintuple its current wind and solar energy capacity by 2030.   The country’s transition away from fossil fuels will have a significant impact on global climate efforts, since it is the world’s third-largest greenhouse…

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