Rigzone Industry News

Japanese companies are dropping out of offshore wind projects in Taiwan, one of fastest growing markets for the technology.

Enbridge has acquired a 50 percent interest in a joint venture for the the Fox Squirrel solar project in Ohio.

The US DOE is making available $3.5 billion in funding for projects focused on the domestic production of batteries and battery materials.

The U.S. Energy Information Administration lowered its U.S. retail gasoline price forecast for 2023 and 2024 in its latest short term energy outlook.

Labour has pledged to create a $3.1 billion fund for companies creating clean tech jobs in hydrogen, offshore wind and carbon capture and storage around the North Sea.

'BOEM will include lease blocks that were previously excluded'.

'The region's storage levels have marginally dropped'.

While climate change is a pressing issue, so is ensuring affordable energy, according to Exxon Mobil's Woods.

Policy direction in the next five years is crucial to achieving renewable energy targets from emerging to industrialized Asia.

Azerbaijan will supply up to 14.13 Bcf of gas per year to Serbia under a deal between SOCAR and Srbijagas.