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ENERGY RESOURCES

Pelosi: Case Needed for Offshore Drilling

House Speaker Nancy Pelosi said that expanded oil drilling in federal waters could be included in a broader energy bill if advocates can prove its effectiveness as a solution to 's energy problems. In a television interview yesterday, Pelosi said the oil industry and its allies in Congress also would have to agree to pay royalties on oil profits to fund the development of renewable energy resources. The California Democrat, has previously expressed outright opposition to expanded offshore drilling. Yesterday she said offshore drilling should be discussed but she does not believe it is a workable solution in the short run. Source:  AP


Bulk Ship Accesses Japan Earthquake-Damaged Port

Haramachimaru: Photo credit NYK

NYK bulk coal carrier resumes direct shipments to earthquake-damaged port of Haramach. The 90,000 dwt NYK-operated bulk carrier “Haramachimaru” filled with coal has arrived at a dedicated port for a thermal power station operated by Tohoku Electric Power Co. Inc. This was the first arrival of a coal carrier at the berth since the Great East Japan Earthquake last year. The berth is located in the town of Haramachi


Gulf of Mexico Oil &Gas Lease Sale Announced

Department of the Interior Secretary Ken Salazar and Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that BOEM will hold the first oil and natural gas lease sale in the Gulf of Mexico since the Deepwater Horizon explosion and oil spill. This announcement is consistent with steps President Obama announced in May, 2011 to expand domestic oil and gas production safely and responsibly. This sale follows BOEM’s completion of a supplemental environmental impact


Australian Wind & Wave Energy Platform a World First

Wood Group Kenny wins a 3-year Marine Power Technologies Pty Ltd (MPT ) contract for  development of the Energy Island concept The triangular shaped Energy Island will comprise six oscillating water column (OWC) wave energy devices and an offshore wind turbine assembly and will be capable of generating up to 10 megawatts of power. It is envisaged that six or more Energy Islands may be linked together to create an Energy Farm, which is estimated could supply power to 16


ABB's HVDC Key to Offshore Wind Energy Integration

Photo credit ABB

HVDC is a key enabler for the efficient and reliable integration of offshore wind energy, explains HVDC busness manager. Offshore wind power generation is one of the world’s most promising renewable energy sources, and is set to play an increasingly significant role in our economic growth, energy security and environmental protection.  Strong, steady winds at sea where there are no obstructions mean wind turbines can generate substantially more energy offshore than onshore.


House LNG Export Bill Advances

The Subcommittee on Energy and Power today approved H.R. 6, the Domestic Prosperity and Global Freedom Act, by a vote of 15 to 11. Authored by Rep. Cory Gardner (R-Colo.), the legislation would cut through the red tape blocking exports of U.S. liquefied natural gas (LNG). H.R. 6 grants immediate approval of complete export applications currently filed with the Department of Energy and modifies the process moving forward to ensure exports to our allies are no longer subject to unnecessary delays


Ignore the Bluster – Wind Farm Power is Effective

A UK Institute for Public Policy Research (IPPR) research paper dismisses illusions about wind power as an energy resource. Much opposition to wind power appears to be based on the belief that it is an ineffective technology, inefficient or unreliable. This claim is untrue and it is important to get ‘beyond the bluster’ in assessing the effectiveness of wind power. The report addresses two commonly held misconceptions around two important, often misunderstood, questions:


Shell Announce Pause in Alaska Drilling Program

Royal Dutch Shell plc will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas. Shell inform that the time out this season will be used to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska, but this is a long-term program that we are pursuing in a safe and measured way,” said Shell Oil Company President, Marvin Odum


Jumbo Offshore Wins Offshore Wind Contract

jumbo.jpg

MT Højgaard has awarded Jumbo Offshore the transport and installation contract for all of the 111 Transition Pieces (TP’s) for the Anholt Offshore Wind Farm (Denmark). The 400 MW wind farm is currently being developed by DONG Energy. The Anholt Wind Farm is located in the ‘Kattegat’, near Anholt Island, and will be the largest offshore wind farm in Denmark. One of Jumbo’s DP2 Offshore Heavy Lift Vessels will install the TP’s on pre-installed monopiles


D'Arcinoff Group Consortium Announces $4.6 Billion Project

D'Arcinoff Group, Inc. and its consortium partners will deploy the first phase of the $4.6 billion D’Arcinoff Group Energy Program (DGE), an integrated synthetic fuel, power generation and distribution project.   D’Arcinoff Group expects to install its first phase 40,000 barrel-per-day alternative fuel facility in Hudspeth County, Texas, to be operational by the end of 2016. DGE is an environmentally clean


IGCC System for Tokyo Electric Power

Artists View of IGCC Plant

  A consortium led by Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order from Tokyo Electric Power Company, Incorporated (TEPCO) for design work for a large-scale integrated coal gasification combined-cycle (IGCC) system to be adopted for a project to create the world's most


SBI Offshore Negotiating Contract for Rig Builds

SBI Offshore Limited has announced that the Middle East-Chinese consortium, which recently awarded its subsidiary a contract to provide design and engineering services for a jack-up drilling rig, has commenced discussions with the SGX Catalist-listed company to build up to five units of the rig


Scotland Site for World's Biggest Tidal Array

Experimental tidal array: Photo CCL 3

The world’s biggest tidal array is to be built in North Scotland bringing jobs and energy security to the Pentland Firth region, informs a UK Government news release. The Government has provided £10 million worth of grant funding to the Meygen project


High Bids in Western GofM Lease Sale

Offshore rig fronting GoM map: File image

U.S. Government agency BOEM informs that Western Gulf of Mexico Lease Sale 238 attracted US$109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S. Outer Continental Shelf offshore Texas. A total of 14 offshore energy companies submitted 93 bids.


GoM Sale Yields $110m in High Bids

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, today’s Western Gulf of Mexico Lease Sale 238 attracted $109,951,644 million in high bids for 81 tracts covering 433,823 acres on the U.S


BOEM & S. Carolina Agree to Evaluate Sand Resources

  As a part of President Obama’s continuing commitment to help coastal communities recover from Hurricane Sandy and promote resilient coastal systems, the Bureau of Ocean Energy Management (BOEM) and the South Carolina Department of Natural Resources signed a two-year cooperative


India's Modi Offers Nepal $1 billion Loan in Regional Diplomacy Push

Indian Prime Minister Narendra Modi

  Indian Prime Minister Narendra Modi offered Nepal $1 billion in concessional loans to help build power plants and roads during a visit on Sunday aimed at shoring up support in a region where China is making inroads.


BOEM to Gather Data on Potential Oil & Gas Areas

  As part of its commitment to a regionally tailored approach to safe and responsible domestic energy production, the Bureau of Ocean Energy Management (BOEM) today issued a Call for Information and Nominations for potential Oil and Gas Lease Sale 242


Mitsubishi to Build Diesel Oil Import Terminal in Australia

Japanese trading house Mitsubishi Corp said it is entering Australia's diesel market by building a $103 million gas oil import terminal to tap growing demand and as a closure of several refineries has squeezed domestic supply of the fuel. Mitsubishi's move comes as Australia is turning into a


NJ Congressmen Supports Offshore Wind Proposal

Offshore wind farm: File photo

Congressman Frank Pallone has issued the following statement in response to the Department of the Interior’s announcement of the proposed lease sale for nearly 344,000 acres off of the New Jersey coast for commercial wind energy development


Rosneft & Zarubezhneft Seek New Opportunities on Vietnamese Shelf

  On June 16th, 2014 within the frame of the World Petroleum Congress Rosneft President, Chairman of the Management Board Igor Sechin, PetroVietnam Oil Corporation President and General Director Dr. Do Van Hau and General Director of JSC Zarubezhneft Sergey Kudryashov signed a Memorandum of


Head Of U.S. State Department's Energy Office To Step Down

Carlos Pascual is the State Department’s Special Envoy and Coordinator for International Energy Affairs

  The head of the State Department's office in charge of energy diplomacy will step down in August after playing a key role in getting countries such as China, India and Japan to cooperate with Western sanctions on Iran, officials said on Friday.


Russia, Ukraine Examine Gas Plan To Avoid Winter Supply Crisis

  Russia and Ukraine agreed on Monday to examine a payment plan to settle Kiev's multi-billion gas debts and fix a price for supplies until June 2015, offering the promise of averting an energy crisis over the crucial winter period.


Obama’s Energy Strategy Doesn’t Go Far Enough

Randall Luthi

Announcing its “All-of-the-Above” energy strategy today, the Obama Administration rightfully celebrates the United States’ new position as the largest global producer of energy but fails to acknowledge Federal actions that could bring even more resources to market


BOEM to Review Wind Energy Demonstration Project Offshore Oregon

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  As part of the Obama Administration's Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, the Bureau of Ocean Energy Management (BOEM) announced today that it is seeking public comment as it prepares an Environmental Assessment (EA)






 
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