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bp & Ørsted to produce green H2 at Lingen refinery; industrial-scale electrolyzer powered by offshore wind

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project for industrial-scale production of green hydrogen via the electrolysis of water using ?renewable renewable power, producing zero emissions. This will be powered by renewable energy generated by an Ørsted offshore ?wind wind farm in the North Sea and the hydrogen produced will be used in the refinery.?.

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

Oil 344
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3 Oil Majors That Bet Big On Renewables

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Big Oil has frequently been chided for merely trying to burnish its green credentials, and so far, it has done little to convince us that it is truly moving forward to greenness. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. by Alex Kimani for Oilprice.com. 2 Total SA.

Oil 418
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IEA: nuclear power can play a major role in transition to low emissions energy systems; Russia, China leading on new reactor starts

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As the world contends with a global energy crisis, nuclear power has the potential to play a significant role in helping countries to securely transition to energy systems dominated by renewables, according to a new special report by the IEA. However, a new era for nuclear power is by no means guaranteed.

Russia 458
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Wind-powered offshore enhanced oil recovery concept moves closer to implementation

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The DNV GL-led joint industry project, WIN WIN (WINd powered Water INjection), has completed its first phase and determined that wind power could be used to power offshore water injection. WIN WIN uses a floating wind turbine as a platform for an autonomous water injection system.

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Cepsa to invest €3B in Andalusia to build the largest green hydrogen hub in Europe; additional €2B for renewable power

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Cepsa—the Spain-based multinational oil and gas company—will invest more than €3 billion to establish the Andalusian Green Hydrogen Valley, creating the largest green hydrogen hub in Europe in southern Spain. Due to the abundance of sun and wind in the Iberian Peninsula, the International.

Hydrogen 397
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CMA CGM partners with Energy Observer on hydrogen-powered shipping

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The CMA CGM Group, a world leader in shipping and logistics, is joining forces with Energy Observer , the first hydrogen-powered vessel to embark on a round-the-world voyage. It aims to experiment, test and develop energy solutions based on hydrogen, solar, tidal and wind power. Earlier post.).

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