Asian Oil & Gas

MARCH 10, 2025

China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060

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Rextag

DECEMBER 10, 2024

What does BPs latest move in offshore wind mean for its renewable energy strategy? BP and Japanese power company JERA have announced a joint venture (JV) to create one of the worlds largest offshore wind operators. billion in approved projects by 2030, with BP contributing $3.25 billion by 2030. billion and JERA $2.55

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Offshore Engineer

MARCH 12, 2025

TotalEnergies has signed an agreement with the German developer RWE to supply 30,000 tons a year of green hydrogen to the German Leuna refinery for 15 years, beginning in 2030

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Offshore Energies UK

MARCH 13, 2025

Local initiatives in this predominantly oil producing region include UAE Net Zero 2050 and Saudi Vision 2030. URL: [link] The post Wood opens low-carbon technical centre in Abu Dhabi appeared first on Offshore Energies UK (OEUK). Woods energy transition expertise has been recognised several times in the region.

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Energy Central

MAY 21, 2022

CIP have suggested that Brintø could be operational by 2030, and could prove to be a vital step in securing green energy supply for Europe. The hydrogen produced via Power-to-X will use offshore wind electricity and will be hoped to be exported to countries such as, Germany, the Netherlands, and Belgium using pipelines.

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Global Energy

MARCH 13, 2020

On 2 March 2020, the UK Government issued a consultation on proposed changes to the contracts for difference (CfD) regime […]

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Egypt Oil & Gas

MARCH 13, 2025

Then, it will be transported through a 600 km pipeline straight to the refinery, ultimately preventing around 300,000 tpa of CO2 emissions from the site starting in 2030. We are looking forward to further developing our partnership with RWE, our partner in several offshore wind projects in Germany and the Netherlands.

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The Energy Law Blog

OCTOBER 13, 2020

In August, BP set forth its strategy towards net-zero emissions, which includes plans to have 50 gigawatts of renewable generating capacity by 2030, up from the 2.5 In September of this year, BP entered the offshore wind market when it announced a $1.1 Evidenced by these investments, wind farms are growing both onshore and offshore.

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The Energy Law Blog

OCTOBER 13, 2020

In August, BP set forth its strategy towards net-zero emissions, which includes plans to have 50 gigawatts of renewable generating capacity by 2030, up from the 2.5 In September of this year, BP entered the offshore wind market when it announced a $1.1 Evidenced by these investments, wind farms are growing both onshore and offshore.

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Rextag

NOVEMBER 19, 2024

BP: Green Ambitions on Pause BP made headlines in 2020 with a bold promise to cut oil and gas production by 40% by 2030. billion from its offshore wind business and is now selling parts of its renewable portfolio. But rising costs and lower-than-expected returns in renewables have forced a shift. Last year, BP wrote off $1.1

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Rextag

MARCH 3, 2025

million barrels per day by 2030. Once a major focus, offshore wind projects are now part of a joint venture with Japans Jera. Offshore wind, which was once seen as a major growth area for BP, has faced significant challenges in the U.S. The company aims to boost daily oil and gas production to between 2.3 million and 2.5

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Oil Review Middle East

MARCH 11, 2025

Over 340 successful applications onshore and offshore have been reported, with an overall success rate of 94%. For Hunting, the business will be margin accretive and strongly position the company to reach its Hunting 2030 Strategy targets in the medium term as commercialisation accelerates.

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Oil Review Middle East

MARCH 10, 2025

The Hail & Ghasha offshore development project, which is set to produce more than 1.5bn standard cubic feet per day (bscfd) of gas before the end of the decade, and the Ruwais LNG project are key ADNOC focuses. ADNOC's LNG capacity is set to expand significantly with the Ruwais LNG project (9.6

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Drillers

MARCH 24, 2020

company has a 40-60 joint venture with the NNPC, which is the majority shareholder, and stakes in several offshore fields, including several deepwater blocks that have yet to be developed. Chevron has stakes in both onshore and offshore fields through a JV with NNPC that has the same percentage distribution as Exxon’s.

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Valor

FEBRUARY 24, 2025

Read more BP to abandon green energy target and ramp up oil Summary : BP will abandon its plan to expand renewable energy generation 20-fold by 2030, scrapping its target of reaching 50 gigawatts (GW) and maintaining its current 8.2 onshore wind farms and spinning off offshore wind assets. GW capacity. The companys profits fell to $8.2

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Rextag

FEBRUARY 13, 2025

By targeting a 40% cut in oil-and-gas output by 2030 relative to 2019 levels, he repositioned BP as a leader in renewables, wind, solar, and electric vehicle (EV) charging. Offshore Wind : Formed a strategic platform with Japans JERA (JERA Nex bp) to combine assets totaling up to 13 GW of potential net generating capacity.

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Energy Central

APRIL 7, 2022

Canada's Bay-du-Nord offshore oil project has received federal government approval. It is scheduled to go onstream by 2028, two years before the country’s 2030 deadline to reduce emissions from the sector by 31% from 2005 levels. One could claim the government is suffering from cognitive dissonance in this decision.

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Offshore Oil Government IT 52

Rextag

JANUARY 6, 2025

RENEWABLES AND CLEAN TECHNOLOGIES: PROGRESS UNDER PRESSURE Fact : Global renewable electricity generation is set to reach over 17,000 TWh by 2030, an almost 90% jump from 2023, capable of powering China and the U.S. trillion annual climate finance pledge by 2030 , though critics noted the gap between ambition and action.

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Enverus

FEBRUARY 20, 2025

When used as a feedstock for blue hydrogen, landfill RNG delivers an 86% net incremental uplift to RD returns implying that fully committing this fuel would require 144% of projected 2030 landfill gas volumes to meet RD demand. Clean Fuels – Strategies for a Resilient Future The clean fuels industry is at a critical juncture.

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The Energy Law Blog

OCTOBER 26, 2020

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S.

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The Energy Law Blog

OCTOBER 26, 2020

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S.

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The Energy Law Blog

OCTOBER 26, 2020

on an irreversible path to achieve a “100% clean energy economy,” with benchmark goals of doubling offshore wind production by 2030, de-carbonizing the electricity sector by 2035, and achieving net-zero emissions, economy-wide, by 2050. Biden has indicated that, if elected, he will seek to put the U.S.

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