Neptune Energy & RWE to accelerate green hydrogen production in Dutch North Sea

Neptune Energy and RWE announced the signing of a Joint Development Agreement to develop the offshore green hydrogen project "H2opZee" ahead of 2030. H2opZee is a demonstration project which aims to build 300-500 megawatts (MW) electrolyzer capacity in the North Sea to produce green hydrogen using offshore wind. Th...

Continental Resources expects its oil output to surge 28% after Permian buy

(Bloomberg) ­— Continental Resources Inc., the shale exploration giant majority-owned by billionaire Harold Hamm, sees oil production swelling as much as 28% this year as its new Permian assets add to output. The company that Hamm founded more than 50 years ago expects to pump between 195,000 and 205,000 barrels a day of crude in 2022, well a...

Noia remembers the Ocean Ranger disaster on 40th anniversary

Feb. 15 marks a difficult anniversary in the history of Newfoundland and Labrador, Canada, as 40 years ago, the Ocean Ranger sank during a winter storm offshore. It was in the early morning hours of Feb. 15, 1982, that the Ocean Ranger semi-submersible drill rig sank on the Grand Banks of Newfoundland and Labrador, claiming the lives of all 84 c...