Government NEWS

The Australian government has invited proposals from contractors for the next two phases of decommissioning the Northern Endeavour floating production, storage and offloading vessel that has been stranded offshore for years after the operator of the Laminaria-Corallina oilfields went into liquidation.

The North Sea’s massive potential contribution to energy security, net zero, jobs and investment topped the agenda at an industry and government summit in Aberdeen on June 27.

German energy prices are so high that some companies are considering leaving the country altogether, according to Siegfried Russwurm, head of the German Industry Federation (BDI).

Government and companies must co-operate to ensure more workers do not fall victim to oil and gas tax schemes that go awry

The UK government has opened a consultation on future regulatory arrangements for offshore hydrogen, which is seeking views on proposals for a ‘first layer’ of arrangements for transport and storage.

UK supermajor Shell has awarded the Serikandi Kent Energy Solutions joint venture a five-year commissioning and start-up services contract for its activities in Brunei Darussalam.

Results come in a week where the Brazilian government has announced plans for a temporary tax on crude exports

OSAKA, Japan, June 26, 2022 (GLOBE NEWSWIRE) -- The Global Energy Harvesting System Market size is estimated to grow at a CAGR of 10.5% over the forecast period and reach a market size of USD 1,183 million by 2030. Over the last decade, the research and development community has grown increasingly interested in harvesting energy from non-conventional environmental sources for low-power applications. Despite the small amount of energy harvested, it is suitable for wireless sensor nodes and other low-power applications. There is a lot of wasted energy in the environment that can be converted into energy to power various applications, revealing a potentially inexpensive power source. However, energy harvesting systems are important as they provide a backup and alternative source of power for electrical equipment in areas where conventional sources are prohibitively expensive. When used in conjunction with wireless sensor nodes and IoT devices, this system eliminates cables and batteries, lowers maintenance costs, eliminates the need for network-based energy and traditional batteries, and is environmentally friendly. It has the same advantage in remote areas, underwater, and other difficult-to-reach locations where conventional batteries and electricity are insufficient. As a result of these factors, there seems to be a significant focus on energy harvesting systems throughout all market segments.

The government has for a second time in as many years re-advertised the post of chairman of oil and gas regulator PNGRB, which has been lying vacant since December 2020. The oil ministry this week issued an advertisement inviting applications for the post of chairman of the Petroleum and Natural Gas Regulatory Board.

India is in talks with Russia over a deal to buy oil at discounted rates, the chairman of state-run Hindustan Petroleum Corp said on Thursday, at a time when much of the West is shunning Russian crude over the conflict in Ukraine.

"Joshi, the senior-most director on the HPCL board, was in January picked by the government headhunter PESB to replace Mukesh Kumar Surana. "

Badri Mahapatra, promoter of the firm said, “The investment will be made next year for a pan-India presence in the CBG business.

International Renewable Energy Agency (IRENA) Director General Francesco La Camera speaks on the global and the Indian energy transition story, green hydrogen, the agency's partnership with the Indian Government and the Ukraine crisis.

"Singh appreciated the resolve of Maldives government to achieve net zero emission target by 2030, according to a power ministry statement. "

Puri accused states of “making a killing” by charging ad-valorem rates, which result in high revenues with rising prices, and asked states, ruled by the Congress and other opposition parties, to reduce rates by half.

RIO DE JANEIRO/SAO PAULO: Brazilian state-run oil company Petrobras yesterday formally elected Jose Mauro Coelho as its chief executive for a one-year term, ending weeks of turmoil in which the government struggled to fill the top position.

It’s “now or never,” said the latest report from the Intergovernmental Panel on Climate Change (IPCC) published on Monday. It called on governments to start staving off emissions to save the planet from irreversible climate disaster.

The January-March quarter could be a challenging one for India Inc, with the Russia-Ukraine crisis remaining unresolved. Rising oil and gas, and other commodity prices could provide strong headwinds on margins for manufacturers in most sectors