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Through 2045, the California Energy Commission’s new projections for future power do not include any wave and tidal power. Yet energy experts say there is great potential along the Pacific coast.
Transocean Ltd. (NYSE:RIG) is one of These 10 Stocks Are Making Big Moves. Transocean ended two straight days of losses on ...
A few months after FERC said okay, ScottishPower Renewables announced its wave energy converter had exported 160 megawatt-hours of electricity to the national grid. That system, developed by ...
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Midland Reporter-Telegram on MSNUS rig count jumps as natural gas drilling surges, snapping 12-week slideDrilling activity snapped a 12-week losing streak, powered higher by a surge in natural gas activity. Oilfield services firm ...
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Do Offshore Oil Rigs Float? Here's How They Stay In Place - MSNAny offshore oil rig that extends past 1500 meters is considered to be an ultra-deepwater production facility. However, that's still nowhere close to the deepest man has explored in the ocean.
Rental rates for offshore oil and gas rigs have rocketed higher, boosted by a race to lift production because of the war in Ukraine and a recovery in demand after the COVID-19 pandemic.
French oil giant TotalEnergies has agreed to partner wave technology specialist CorPower Ocean in developing the Swedish company's anchored wave energy converter (WEC) concept.
As Europe grapples with another wave of COVID-19 lockdowns, offshore oil jobs are in limbo, but an emerging digital trend could offer these working a much-needed lifeline ...
A pilot wave-energy project in the Port of Los Angeles will follow a similar project already online in Israel. Eco Wave Power Only 7% of LAist readers currently donate to fund our journalism.
Fervo Energy is building three power plants in the first phase of its Cape Station development in southwestern Utah. The first is scheduled to come online in the summer of 2026.
The International Energy Agency now estimates that global demand for oil will only increase by around 730,000 barrels per day. In March, the IEA predicted it would grow by 1 million barrels per day.
But plans by oil giants, especially those based in Europe, to invest in offshore production strike some climate experts as a retreat from the companies’ renewable-energy investments in recent years.
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