Month: July 2021

Here are some of Rigzone’s top stories during the last week, just in case you missed them… Shell and Chevron Sanction GOM Deepwater Project Shell reported the final investment decision for Whale, a deepwater U.S. Gulf of Mexico (GOM) development. Shell Offshore Inc, which will operate Whale, holds a 60 percent interest in the project,
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The push for a four-day workweek has gained traction during the coronavirus pandemic, even grabbing the attention of Congress, but a shorter workweek may be difficult to implement on Wall Street. The finance sector has “always been a culture of heavy hours and working a lot,” said Jason Snipe, founder and CIO of Odyssey Capital
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In this article SRG-IT ENEL-IT The CEO of Italian infrastructure giant Snam on Friday outlined a vision for the future of hydrogen, saying the “beauty” of it was that it could be easily stored and transported. Speaking to CNBC’s “Squawk Box Europe,” Marco Alverà spoke about how current systems would be used to facilitate the
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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Oil rose the most in a week as investors see strong demand growth that should continue to whittle down oil supplies following positive signals from broader markets. Futures in New York rose 1.7% on Thursday as equities climbed toward all-time highs. While U.S. gross domestic product growth missed forecasts in the second quarter, household spending
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A tidal turbine weighing 680 metric tons and dubbed “the world’s most powerful” has started grid-connected power generation at the European Marine Energy Centre in Orkney, an archipelago located north of mainland Scotland. The news marks another major step forward for the U.K.’s nascent marine energy sector.  In an announcement Wednesday, Scottish engineering firm Orbital
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Oil advanced to the highest level in two weeks after declining stockpiles of U.S. crude, gasoline and distillate signaled healthy demand during the nation’s summer driving season. Futures rose 1% in New York on Wednesday. A U.S. government report showed crude supplies slid to the lowest since January 2020 and distillate stockpiles posted the biggest
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In this article SGRE-ES Chris Ratcliffe | Bloomberg | Getty Images Low-carbon hydrogen isn’t “cost competitive with other energy supplies in most applications and locations” and the situation is unlikely to change unless there’s “significant support to bridge the price gap,” according to the World Energy Council. Published Tuesday, the analysis – which was put
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