According to a Wood Mackenzie report, Argentina could achieve daily gas production of 180 million cubic metres per day by 2040, aiming to become a key regional supplier and a significant exporter of liquefied natural gas.
Japan's grid operator forecasts an energy shortfall of up to 89 GW by 2050 due to rising demand from semiconductor manufacturing, electric vehicles, and artificial intelligence technologies.
Facing rising costs and industry hesitation, Tokyo is considering major regulatory adjustments to boost its ambitious offshore wind program, crucial for the country’s energy diversification.
The Swedish government will implement new disclosure rules for foreign vessels, specifically targeting tankers linked to Russia’s hard-to-trace oil fleet.
Danish renewable energies group Orsted recently decided to suspend its offshore wind farm projects in the USA. This cancellation has significant consequences for projects planned off the US coast, raising concerns about the viability of renewable energies in the country.
Orsted unveils the SeaH2Land project to create one of the largest renewable hydrogen plants, meeting industrial demand in the Netherlands and Belgium with offshore wind power.
New York State Energy Research and Development Authority (NYSERDA) has finalized contracts for Equinor's Empire Wind 1 and Orsted and Eversource's Sunrise Wind offshore wind projects.
Orsted booked 3.9 billion kroner in impairments in the second quarter of 2024, mainly due to delays on its Revolution Wind offshore wind project in the USA.