Author: Automotivedealernews.com

Robert Gordon University (RGU) has put renewables and the energy transition at the heart of four of its new courses it will launch at Offshore Europe 2023. The RGU said in its media release that the four courses are Hydrogen Energy Systems, Geothermal Energy and Applications, Offshore Wind Energy and Carbon Capture, Utilization and Storage. According to the university, the four courses provide technical knowledge and skills on production, business development and the importance of energy transition and moving away from traditional energy sources. The courses can be used by new entrants to the industry or people transitioning from oil…

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Iran’s oil exports rose in August, although they did not maintain the pace set in the first part of the month. The rise in Iranian shipments to a record high this year comes the same month that top OPEC+ producers Saudi Arabia and Russia kept a cap on their own oil exports in a bid to tighten the market. Iranian crude and condensate shipments rose to 1.85 million barrels per day in August, according to TankerTrackers.com Inc., which provides oil cargo data to governments, insurers and other institutions. That represents a pullback from the first 20 days of August, when…

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The UK Environment Agency has granted a variation of permit to Rathlin Energy (UK) Limited to drill additional oil and gas wells and undertake commercial production at the West Newton A well site in the East Riding of Yorkshire . Rathlin Energy has operated its exploratory oil and gas drilling site at West Newton A in the East Riding of Yorkshire since 2013 under the conditions of an environmental permit. The company wanted to vary that permit to allow the creation of six additional wells and laterals, the relocation of oil storage facilities and the installation of gas engines that…

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Fifty-five countries will have liquefied natural gas (LNG) terminals by the end of next year with a combined regasification capacity of 163 billion cubic feet per day (Bcfd), the U.S. Energy Information Administration has said. USA (EIA). Capacity is expected to expand by 16 percent or 23 Bcfpd compared to 2022, with seven nations having their first import terminals, he said based on forecasts from the International LNG Importers Group and trade press. In the first seven months of 2023, three countries began importing LNG for the first time: Germany, the Philippines and Vietnam, the EIA noted. “By the end…

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The UK government has revealed that King Charles III has approved several new ministerial appointments. These include Claire Coutinho as the country’s Secretary of State for Energy Security and Net Zero and Grant Shapps as the UK’s Secretary of State for Defence. Coutinho was previously Parliamentary Under-Secretary of State at the Department for Education from 26 October 2022 to 30 August 2023 and Parliamentary Under-Secretary of State at the Department for Work and Pensions from 21 September to 27 October 2022, the UK Govt. site shows. The Secretary of State for Energy Security and Net Zero has overall responsibility for…

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Woodside Energy Group Ltd. has received the green light from Mexico’s regulator to proceed with the Trion oilfield development plan and has now also secured approval from its state partner for project capital. “Woodside’s Final Investment Decision (FID) to develop the Trion resource, announced on June 20, 2023, was subject to the approval of the Trion joint venture and the regulatory approval of the FDP. [field development plant]”, the Australian company said in a stock market filing this week. “These two conditions have now been met.” Woodside operates the Gulf of Mexico field, located in a water depth of 8,202.1…

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Prime Minister Justin Trudeau’s government plans to unveil its proposal to limit oil and gas emissions this fall, a policy that will test Canada’s ability to meet its climate goals without limiting a crucial economic sector. The draft regulations will be published as soon as October and will be published “definitely” ahead of a United Nations climate conference in Dubai starting on November 30, Environment Minister Steven Guilbeault said in an interview The emissions cap, first promised in Trudeau’s 2021 election platform, aims to ensure Canada moves toward its climate commitments. But regulating emissions from the energy sector is sure…

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AltaGas Ltd. has signed a definitive agreement with Tidewater Midstream and Infrastructure Ltd. to acquire several natural gas assets from Pipestone in Montney for total consideration of $481.7 million (C$650 million), “including synergies and incremental capital that AltaGas will deploy. to complete the Phase 1 development project II from Pipestone,” the companies said in separate press releases Thursday. The assets to be acquired include the Pipestone Natural Gas Processing Plant Phase I and Phase II Expansion Project, the adjacent Dimsdale Natural Gas Storage Facility, the inflow and outflow of Pipestone condensate trucks and the associated gathering piping systems required to…

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Jose De Hoyos is recruiting in the oil zone. He began meeting with workers in Pennsylvania’s Marcellus Shale Basin. This month, you’ll find him happily in Odessa, Texas. But De Hoyos isn’t in the Permian hiring engineers for gas rigs or roughnecks to join drilling crews. Instead, the founder of cryptocurrency consultancy LFG Mining is proposing a career pivot to data centers, the unattractive backbone of all things tech. It promotes better wages and working conditions and a career with great growth potential. “We’re going to train them and get them proficient in Bitcoin mining setup and the traditional data…

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Michigan’s utility regulator is proposing that electric operators factor extended outages through their earnings. The plan is part of a proposal for “incentive and disincentive mechanisms” to improve power reliability, according to a press release this week from the Michigan Public Service Commission (MPSC) seeking comment on the mechanisms package. The agency, which oversees energy and telecommunications companies, cited recent storms that have left more than 500,000 customers without power. The MPSC is “considering financial mechanisms related to the time it takes utilities to restore power, including a particular focus on restoration timelines during major storms,” ​​the media release said.…

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