Houston-based Talos Energy has set the wheels into motion to get its hands on QuarterNorth Energy, a privately-held U.S. Gulf of Mexico firm.
BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled.
Corvus Energy, a supplier of energy storage solutions for the maritime industry, has secured funding for the integration of ammonia cracker technology with its hydrogen fuel cell system (FCS), the so-called Pelican Fuel Cell system. The project funding is part of the Horizon Europe Framework Program
OX2 and Ingka Investments have submitted a permit application under the act of Sweden’s Exclusive Economic Zone to build the Neptunus offshore energy hub off the coast of Blekinge, in the south of Sweden. The Neptunus offshore energy hub is planned to comprise up to 207 wind turbines with a maximum
Norwegian subsea services provider DeepOcean and oil and gas player Aker BP have completed subsea trials with an autonomous inspection drone (AID) at an Aker BP-operated field in the central North Sea. As part of a ten-day inspection campaign, Aker BP and DeepOcean inspected subsea trees and other s
Japan’s Kawasaki Heavy Industries is set to issue transition bonds, with funds raised through public offerings of these bonds domestically within Japan to be used for projects related to the clean transport and storage of hydrogen and clean energy utilization of hydrogen. Specific solutions include
Shell is facing additional pressure from 27 investors, who manage more than €3.9 trillion in assets, to pursue decarbonization with more vigor.
Eagle Bulk Shipping’s bulker MV Gibraltar Eagle is the latest commercial vessel to be targeted by the Houthis in the Red Sea as tensions in the region escalate following U.S. and U.K.-led airstrikes on Houthi’s positions in Yemen. The Conneticut-based dry bulk shipping major confirmed the attack in
Hy24, a clean hydrogen pure-play investment manager, will invest around €13 million into Norwegian hydrogen systems supplier Hexagon Purus. The investment is the first by Hy24’s new Clean Hydrogen Equipment Fund, focused on industrializing the supply chain to scale the clean hydrogen economy. The fu
Empresa Nacional del Petróleo (ENAP) and SAAM, through its tugboat division SAAM Towage, have signed a service agreement that will make Chile the first country in Latin America with an electric, emission-free tugboat.
Stena Drilling has confirmed that one of its drillships is on its way to Las Palmas to start its special period survey (SPS).
Odfjell Drilling has confirmed the completion of a five-year main class renewal certificate for one of its semi-submersible drilling rigs.
Singapore has made significant progress in the supply of alternative fuels as bunker sales of biofuel blends increased to 520,000 tonnes in 2023, which more than tripled from 140,000 tonnes in 2022.
China’s shipbuilding major Guangzhou Shipbuilding International (GSI), a subsidiary of China State Shipbuilding Corporation, has handed over the 50,000-ton methanol dual-fuel oil tanker Stena Progressive to its owner Proman Stena Bulk, the joint venture between Stena Bulk and methanol producer Proma
