Energy News and Jobs - Weekly Roundup - 5th July 2024
Energy Jobline
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Welcome to the Energy Jobline weekly roundup of all the top
energy news and jobs for the week ending July 5th 2024, covering all sectors of our industry.
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BEFORE WE BEGIN:
HAPPY 4TH JULY WEEKEND [USA]
The Energy Jobline team wish a Happy 4th July to all our American friends, Energy Professionals, and their families. A day to commemorate the 1776 Declaration of Independence of the United States.
"... men first crossed the Atlantic not to find soil for their ploughs but to secure liberty for their souls." – Robert J. McCracken
We hope you have a great holiday celebrating this remarkable day in your nation's history.
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CALLING ALL ENERGY PROFESSIONALS! 📢
ADD YOUR INSIGHTS TO OUR SURVEY AND WIN A £100 AMAZON VOUCHER 💵💶💷 (or equivalent value in your local currency)
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The Transition is Underway
The Energy Transition Outlook Report is an annual global workforce analysis, who's objective is to obtain a measure of the current sentiment between the Oil & Gas, Renewables, and Conventional Power industries, around the transition of skills and workforce as we head towards a net zero future.
The report is focused on the entirety of the Energy sector, and the survey and report are conducted and produced by NES Fircroft in partnership with Energy Jobline .
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Estimated completion time is just 3 minutes
All questions are multiple choice
All responses are anonymous, but if you wish to leave your email address at the end, you will be entered into a draw to win a £100 Amazon Gift Card once the survey closes.
Your email adddress will NOT be shared with any 3rd parties.
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The Energy industry has always been exciting and challenging and one which is constantly evolving.
Our 2023 report was copiled from over 10,000 responses and this year we are once again asking for your industry insights and expertise to make the 2024 report even more comprehensive.
The study will provide data on the energy workforce’s thoughts, needs and wants as the sector evolves, as well as data around trending subjects such as remuneration and project opportunities.
Once the survey closes, the data will be analysed by the project team and conclusions will be presented in a FREE to download whitepaper available to everyone.
By completing this survey you are providing valuable data which will offer energy employers a unique insight into the current temperature of the talent landscape and how they can attract, retain and develop the expertise they need.
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OIL AND GAS NEWS
Russian oil and gas revenue soars 41% in first half, data shows
Proceeds from oil and gas sales for Russia's federal budget rose by around 41% year on year in the first half of the year 5.698 trillion roubles ($65.12 billion), finance ministry data showed on Wednesday, due to rising oil prices and the weaker rouble.
Oil and gas revenues have been the most important single source of cash for the Kremlin, accounting for around a third to a half of total federal budget proceedings for the last decade.
The military conflict in Ukraine has prompted the West to impose multiple sanctions aimed at curbing Russian oil and gas income that accounts for about a third of the country's federal budget.
During the first half of the year, the price of Russian flagship oil Urals blend averaged at $69.1 per barrel, above the Western-imposed price cap of $60, up from 52.5$ in the same period 2023.
At the same time, the rouble rate weakened to 90.8 per $1 for the period from 76.9 in January - June 2023.
Oil and gas revenue was down from 794 billion roubles in May and comparing to Reuters forecast of 814 billion roubles.
Proceeds from the mineral extraction tax (MET) rose in June to more than 1 trillion roubles from 631.6 billion roubles in the same month of 2023, according to finance ministry.
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China sets up new state body to drill deep for oil and gas reserves
China is setting up a new entity that groups national oil producers and other state firms to search for ultra-deep oil and gas reserves and tackle harder-to-extract non-conventional resources, state energy group CNPC said on Monday.
This is in answer to President Xi Jinping's call for the sector to have "new productive forces" that will contribute to the country's energy security, CNPC said on its website.
In addition to CNPC and Sinopec, the country's two dominant producers of oil and gas, the new body gathers seven other state groups including China Aerospace Science and Industry Corp, steel group Baowu, equipment builder Sinomach, Dongfang Electric Group and Minmetals.
"This...is to gather wisdom and strength to jointly build an industry chain from ultra-deep oil and gas exploration to development to engineering," CNPC said.
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41,000+ GLOBAL OIL AND GAS JOBS ADDED!
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WOMEN IN ENERGY GLOBAL STUDY 2024
NES Fircroft and Energy Jobline , supported by POWERful Women and ALLY Energy , are delighted to present the fifth edition of the Women in Energy Global Study, a critical guide to the position and attitudes of women in the global energy industry in 2024.
Click the image to get your FREE copy now!
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🔥 25 HOT JOBS THIS WEEK 🔥
Research Associate (Entry level - night shift) - Chesterfield, MO, USA, from Airswift
PLC Programmer - Germany, from EarthStream Global
Engineering Manager / Design Integrator - Bordeaux, France, from ULTEUM
Transport Operations Manager - Madeley, Telford, UK, from AMP Clean Energy
Principal Land Access and Approvals - Norway, from ENR Global Limited
Controls Technician III - Cayman Islands, from Caribbean Utilities Company, Ltd.
Plant Operator - Alberta, Canada, from Airswift
Plant Operator - Grande Prairie, AB, Canada, from Airswift
Responder - Rio de Janeiro, Brazil, from Oil Spill Response Ltd
EverGreen Integration Technician - Houston, TX, USA, from Precision Drilling
Plant Operator - Alberta, Canada, from Airswift
Plant Operator - Grande Prairie, AB, Canada, from Airswift
Quality Control Inspector - Aberdeen, UK, from TRAC Renewable Services
Rope Access Riggers- UK, from TRAC Renewable Services
Rope Access Pipefitter - UK, from TRAC Renewable Services
Project Manager Oil & Gas H/F - Angola, from GPC SA
Project Coordinator - Nuclear Projects - Richland, WA, USA, from Airswift
HSE Superintendent - Nisku, AB, Canada, from Precision Drilling
Mechanical Systems Completion Engineer - Angola, from Airswift
Lead Auditor - Houston, TX, USA, from Precision Drilling
Process Engineer - France, from BOSS Energy Consulting
Mechanical Engineer - Offshore Wind - Belgium, from BOSS Energy Consulting
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ENERGY INSTITUTE ACADEMY (EI ACADEMY)
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Find what you're looking for by interest topics, experience level, or membership grade. We’re equipping the current and future diverse energy workforce with the knowledge and skills required for a just global transition.
Wherever you work, and whatever your responsibilities, the EI Academy can support your professional development journey by helping you upskill or reskill for the energy future.
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RENEWABLE ENERGY NEWS
China to meet its 2030 renewable energy target by end of this year
China’s solar and wind energy sector will continue to grow at breakneck speed this year, providing the momentum the country needs to meet its 2030 renewable targets six years ahead of schedule, according to a state-owned researcher’s forecasts.
The country will add 70 gigawatts (GW) of installed wind power capacity and 190GW of solar capacity by the end of 2024, said a new report by the China Renewable Energy Engineering Institute (CREEI), a research body under the the National Energy Administration (NEA).
According to statistics released by the NEA for 2023, China added 217GW of solar power and 76GW of wind power capacity, bringing total capacity to 1,050GW by the end of last year.
The estimated new additions would bring China’s installed solar and wind energy capacity to 1,310GW by the end of this year, surpassing its 2030 renewable energy target of 1,200GW six years ahead of schedule.
“Improving energy self-sufficiency requires the further development and utilisation of renewable energy,” the CREEI report said.
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[UK] Moray West wind farm connected to grid for the first time
One of Scotland’s most powerful offshore wind farms has connected to the grid for the first time and is on target to produce enough power for half of Scotland's homes.
Moray West, external is located as close as 22km from Helmsdale in Sutherland and 50km north of Buckie.
Nearly a third of its 60 turbines have been installed, and all the platforms on which the turbines sit.
The total project is costed at £2.5bn. Ocean Winds, its developer, is based in Madrid, and is co-owned by Portuguese and French energy firms.
Its power cable has landfall at Sandend near Portsoy in Aberdeenshire.
It has been buried under ground for 27km to a newly-built substation, near Keith, and Moray West then feeds power into the national grid at nearby Blackhillock sub-station.
Raising the finance was helped by Engie, one of the parent companies, contracting with Amazon and Google to supply the energy they need for operations including data centres.
The project involves the biggest turbines yet installed in British waters, each spinning up to 257m (843ft) above sea level.
>> READ MORE <<
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NUCLEAR & POWER NEWS
World's largest nuclear fusion reactor is finally completed. But it won't run for another 15 years
The world's largest fusion reactor has finally been assembled, but it won't run for another 15 years, project scientists have announced.
The International Fusion Energy Project (ITER) fusion reactor, consisting of 19 massive coils looped into multiple toroidal magnets, was originally slated to begin its first full test in 2020. Now scientists say it will fire in 2039 at the earliest.
This means that fusion power, of which ITER's tokamak is at the forefront, is very unlikely to arrive in time to be a solution for the climate crisis.
"Certainly, the delay of ITER is not going in the right direction," Pietro Barabaschi, ITER's director general, said at a news conference on Wednesday (July 3). "In terms of the impact of nuclear fusion on the problems humanity faces now, we should not wait for nuclear fusion to resolve them. This is not prudent."
The world's largest nuclear fusion reactor is the product of collaboration between 35 countries — including every state in the European Union, Russia, China, India and the U.S. — ITER contains the world's most powerful magnet, making it capable of producing a magnetic field 280,000 times as strong as the one shielding Earth.
The reactor's impressive design comes with an equally hefty price-tag. Originally slated to cost around $5 billion and fire up in 2020, it has now suffered multiple delays and its budget swelled beyond $22 billion, with an additional $5 billion proposed to cover additional costs. These unforeseen expenses and delays are behind the most recent, 15-year delay.
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COMPANIES HIRING GLOBALLY INCLUDE:
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GLOBAL ENERGY JOBS BY SECTOR
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EV & BATTERY NEWS
U.K. company says its electric car battery charges in just 5 minutes
One of the most common complaints from electric vehicle owners is the time it takes to recharge their cars. In some instances, such as “level 1” EV battery chargers in residential homes, that can take as long as 40 hours. Using a Tesla Supercharger, it averages out to about 20 minutes.
A Cambridge-based EV manufacturer, though, says it has developed a battery that charges in less than five minutes, roughly twice as long as it takes to fill up a gas-fueled vehicle.
Nyobolt says it has developed a 35kWh lithium-ion battery that charges from 10% to 80% in just over four and a half minutes. Additionally, it says, the battery does not show the degradation of lithium-ion batteries.
The battery, the company says, citing independent OEM testing (though the company did not name who ran that testing), can achieve over 4,000 fast charge cycles, which spans roughly 600,000 miles, maintaining over 80% battery capacity retention.
“Our extensive research here in the U.K. and U.S. has unlocked a novel battery technology that is ready and scalable right now,” said Nyobolt’s cofounder and CEO, Dr Sai Shivareddy in a statement. “We are enabling the electrification of new products and services currently considered inviable or impossible.”
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University of Toronto | PhD in Spanish
5dThis is great! Beneficial 😄 information compacted in one very informative News Letter
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1wThanks for sharing
Net Zero Industry Innovation Centre | Project Administrator | Net Zero capabilities and opportunities in the North East
1wAli Amiri