In a move that might make some nervous, the United States 鈥 through its 鈥渟trategic鈥 investment arm, the newly enlarged International Development Finance Corporation 鈥 has announced plans to invest USD 1 billion on unspecified European energy projects. The caveat, judging by Tweets from Secretary of State Pompeo and his online Munich Security Conference Speech titled, The West is Winning, is that the projects ought to ward off Russian and Chinese influence鈥
The global offshore wind operations and maintenance (O&M) market is expected to grow 16% annually to reach US$12 billion (鈧10 billion) by 2029, with opportunities for both existing and new players, energy intelligence group Wood Mackenzie said in a report on Tuesday鈥
Two of the world鈥檚 largest offshore oil and gas producing nations have agreed to share expertise in offshore oil and gas, offshore wind energy and seabed minerals.The U.S. Department of Interior (DOI) signed a Memorandum of Understanding (MoU)鈥
Equinor Wind US, a U.S. offshore wind business of the Norwegian energy firm Equinor, has awarded a contract for geophysical survey services to MMT, in partnership with Reach Subsea.The contract covers high resolution geophysical, benthic surveys鈥
Norway-based Ocean Sun, a developer of floating solar technology, will be granted a new patent for the technology in the U.S.The company on Monday said: 'United States Patent and Trademark Office (USPTO) has informed Ocean Sun that a new patent will be granted in May 2020鈥
Diamond 云顶赌场老虎机 Drilling Inc filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had retained restructuring advisers.The Houston-based contract drilling company's filing鈥
China has increased U.S. crude purchases with some buyers snapping up cargoes at the widest discounts ever as sellers seek to offload excess supplies in Asia, six trade sources said on Wednesday.China started processing in March applications from its companies to waive import tariffs on U鈥
Oil prices fell on Thursday, ending three sessions of gains, as movement restrictions worldwide to contain the coronavirus destroyed demand and overshadowed expectations that a U.S. $2 trillion emergency stimulus will bolster economic activity鈥