News

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 ...
Any 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.
The first wave-powered generators in the U.S. have come online. Two buoys off the coast of Hawaii are now generating about 22 kilowatts of power, signaling that America is ready to be a player in ...
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.
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.
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.
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.
Seadrill, an offshore drilling rig operator headquartered in Bermuda with its principal offices in London and Houston, has unveiled the West Mira, the company's first hybrid offshore drilling rig.
The arrival of a unique oil rig off communist Cuba is set to cause waves in Washington, raising questions about U.S. drilling permits and the response to any disaster, a conference heard on Tuesday.