Neutrino Energy: An Ideal Power Source for Self-Driving Taxis

Neutrino Energy Group founder Holger Thorsten Schubart proposes that Neutrino Energy could power electric cars.   Recently, self-driving taxi service Cruise announced that its all-electric fleet of cars will now run on renewable energy. Even in Southern California, however, there isn’t enough sunshine to power the self-driving taxi fleets of the…

Read more

Vattenfall partners up to deliver Scottish onshore wind farm

Vattenfall has entered a partnership with Greencoat UK Wind and given the green light to the construction of South Kyle, its largest onshore wind farm in the United Kingdom.   Vattenfall has taken the final investment decision to construct South Kyle Wind Farm, which will…

Read more

Perenco lets Southern North Sea basin contract to Rever

Perenco UK Ltd has let a contract to Rever Offshore as part of the larger Southern Hub Area Redevelopment Project (SHARP) in the southern North Sea.   SHARP comprises two campaigns which will take place over the course of the next 18 months.   Rever…

Read more

Insurance Jottings

UK Insurers Urged by Treasury Committee to Pay Coronavirus Claims Insurers need to pay out on more claims related to the coronavirus pandemic, according to the head of the UK parliamentary committee which oversees the financial industry.   “We are concerned that the insurance sector…

Read more

How Much Oil Does OPEC Really Have?

In our current COVID-19 world, the question posed looms larger than ever. After all, it was just a few years ago that shale legend Harold Hamm claimed OPEC a “toothless tiger,” suggesting that the US shale revolution had rendered the bloc ineffective over the world…

Read more

ADNOC and ADPower team up on subsea HVDC links

ADNOC and ADPower have issued a joint tender to develop and operate the MENA region’s first HVDC subsea transmission system.   The system will connect ADNOC’s offshore production facilities to ADPower’s onshore electricity grid.   The project should as a result reduce the carbon footprint…

Read more

The Next Normal for Oil and Gas Is Unfolding

“The theme for this quarter is seismic.” The above statement, from consultancy EY’s new report on the oil and gas market outlook for the second quarter of 2020, perhaps best encapsulates what the industry is experiencing amid the fallout from the COVID-19 pandemic.   The report acknowledges…

Read more