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Explainer: Why Asia’s biggest economies are backing hydrogen fuel cell cars

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TOKYO (Reuters) – China, Japan and South Korea have set ambitious targets to put millions of hydrogen-powered vehicles on their roads by the end of the next decade at a cost of billions of dollars. FILE PHOTO: An Air Liquide hydrogen station for hydrogen fuel cell cars is seen in Paris, France, October 13, 2016. Read More

Toyota banks on Olympic halo for the humble bus to keep hydrogen dream alive

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TOKYO (Reuters) – Buses may not be the most glamorous mode of transport but at the 2020 Tokyo Olympic games, they will represent Toyota Motor Corp’s (7203.T) best bet for wider acceptance of hydrogen power – technology so far eclipsed by electric vehicles. FILE PHOTO: Toyota Motor Corp. displays the company’s fuel cell bus Sora Read More

Vestas receives 34 MW order in Norway with 27-year service agreement

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News release fromVestas Northern and Central EuropeHamburg, 17 September 2019 Vestas has received a 34 MW order for the Haramsfjellet wind project on the island of Haramsøya in western Norway. Vestas has developed a solution to fit the site’s wind conditions that includes eight V136-4.2 MW turbines and a long-term service contract to optimise energy Read More

Connector Subsea Solutions acquires Hydratight’s MORGRIP business

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9/16/2019 BERGEN, NORWAY – Connector Subsea Solutions (CSS) has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK. Over the last six years, CSS and Hydratight have collaborated to deliver challenging subsea pipeline repair projects. The MORGRIP Connector business will become an integral part of CSS’ extensive repair and modification Read More

Oil prices may slump heavily in 2020

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OPEC and its partners will not deepen their oil production cut yet but will discuss the topic again in December. This is what Saudi Arabia’s newly appointed Energy Minister Abdulaziz bin Salman told media after this week’s meeting of the Joint Ministerial Monitoring Committee. A discussion, however, may not be enough. OPEC may be forced to Read More

FRO – 2019 Annual General Meeting

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Frontline Ltd. (the “Company”) advises that the 2019 Annual General Meeting of the Shareholders of the Company was held on September 13, 2019 at 10:00 a.m. at the Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HM CX, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, Read More

Oil spill clean-up at Equinor’s Bahamas terminal underway after Dorian damage

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FILE PHOTO: The logo of Equinor, formerly known as Statoil, at the company’s headquarters in Fornebu, Norway, May 21, 2018. REUTERS/Nerijus Adomaitis OSLO (Reuters) – Norway’s Equinor (EQNR.OL) has begun cleaning up an onshore oil spill at its South Riding Point terminal in the Bahamas, which was damaged by Hurricane Dorian, and said on Thursday Read More

OPEC+ faces ‘daunting’ market surplus in 2020, IEA says

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By Alex Longley on 9/12/2019 LONDON (Bloomberg) – As OPEC and its allies meet in Abu Dhabi, the IEA said it faces a significant challenge in managing the market into 2020. Demand for the group’s crude in the first half of 2020 will be 1.4 MMbpd below its August output as production surges from their Read More

Interview: Siccar Point eyes new wave of West of Shetland production

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Highlights Cambo FID due early-2020, first production 2023 Partner Equinor bringing fresh Rosebank approach Exploration raises further development prospects London — Private equity-backed Siccar Point Energy has raised its expectations of the UK’s challenging West of Shetland area, increasing its resource estimate for its flagship Cambo oil project and eyeing a low-cost solution for the Read More

China out in force at Frankfurt car show, led by battery builders

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FRANKFURT (Reuters) – Chinese suppliers and manufacturers have stepped up their presence at the Frankfurt auto show, capitalizing on a strong position in electric technologies forced on European carmakers by regulators seeking to curb pollution. FILE PHOTO: The “Hongqi S9” is displayed at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany September 10, 2019. Read More