While the development of recent offshore gas discoveries at Gorgon, Uchuva, and Orca has been identified as crucial, several uncertainties and hurdles need to be addressed, according to energy industry intelligence group Wood Mackenzie.
Barry Norris, founder and CIO of UK hedge fund Argonaut Capital Partners, has criticized hydrogen investments, stating that they are currently a "complete waste of time" for investors seeking returns in the near future.
As the energy industry converges on Aberdeen for the eagerly anticipated Offshore Europe event the appointed supply chain champion for the industry emphasizes that companies are primed to exploit the global opportunities this event offers.
Challenger Energy, a prominent AIM-listed entity, has unveiled a comprehensive corporate update, spotlighting a series of key developments that underline the company's strategic expansion and financial fortification.
Recent surveys conducted among the UK workforce have identified critical challenges including skill shortages, policy constraints, and concerns about sustainability as significant barriers to achieving the nation's net-zero goals.
The collision occurred in the southbound convoy when the LNG carrier ran aground due to a technical failure, resulting in a sudden stop. This caused the tanker Burri, which was following behind, to run into the LNG carrier.
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