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Illustration; Source: International Energy Agency (IEA)
Authorities & Government

COP28: Sketching decarbonization roadmap with phase-out of fossil fuels as the centerpiece to get global net-zero efforts on track

COP28 is seen as a beacon of hope to devise a transformational roadmap in a bid to get the global energy transition undertaking on track.

about 2 years ago
methanol
Business Developments & Projects

World’s 1st ship management company for methanol-powered vessels created

Dockendale Ship Management and Green Marine have created Dockendale Green Marine Ship Management, the world’s first ship management company exclusively dedicated to methanol-powered ships.

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Authorities & Government

Is the EU ready to take decisive steps towards slashing its methane footprint from imports?

The EU’s decision-makers are preparing to weigh in on whether to include a performance standard for methane emissions from imports.

about 2 years ago
Beach Energy
Authorities & Government

More gas wells in the offing, as Beach Energy seeks green light for seabed surveys off Australia

Beach Energy has submitted an environment plan for geophysical and geotechnical seabed surveys off the coast of Australia.

about 2 years ago
tanker
Business Developments & Projects

HD KSOE bags order for oil tanker pair

South Korea’s shipbuilding major HD Korea Shipbuilding & Marine Engineering (HD KSOE) has won an order for the construction of two crude oil carriers.

about 2 years ago
Dr. Sultan Al Jaber, COP28 President
Authorities & Government

Will COP28 live up to the hype and establish an energy transition roadmap leaving no one behind?

The UAE plans to spearhead efforts at COP28 for a clear roadmap to step up net zero progress through “a pragmatic global energy transition.”

about 2 years ago
Cummins, partners get financial boost for methanol retrofit kit project
Business & Finance

Cummins, partners get financial boost for methanol retrofit kit project

US-based tech provider Cummins has received £4.4 million (about $5.36 million) for its methanol retrofit kit as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition funded by the UK Government.

about 2 years ago
Fugro Venturer; Source: Fugro
Business & Finance

Fugro’s survey enables Galp to embark on ‘sustainable and efficient’ energy ops off Namibia

Fugro has finished the fieldwork for an environmental and geophysical survey offshore Namibia, which was ordered by Galp.

about 2 years ago
Yanmar delivers its first maritime hydrogen fuel cell system
Business Developments & Projects

Yanmar delivers its first maritime hydrogen fuel cell system

Japan’s Yanmar Power Technology (YPT), a subsidiary of Yanmar Holdings, has made the first delivery of its newly commercialized maritime hydrogen fuel cell system. According to Yanmar, it was supplied to the passenger ship HANARIA, operated by MOTENA-Sea, a company backed by Mitsui O.S.K. Lines and

about 2 years ago
boat
Business Developments & Projects

World’s largest 3D-printed eco boat unveiled in the UAE

Al Seer Marine and Abu Dhabi Maritime, both based in the United Arab Emirates (UAE), have unveiled the world’s first 3D-printed water taxi.

about 2 years ago
Illustration/Mocean Energy’s Blue X wave energy device offshore Orkney (Courtesy of Mocean Energy/Photo by Colin Keldie)
Business & Finance

Mocean Energy steps up commercialization plans with new funding and investors on board

Scottish wave energy company Mocean Energy has raised €2.5 million in new equity, alongside €572,000 grant to drive the commercialization of its wave energy technologies, bringing Katapult Ocean and MOL Plus as new investors in the business.

about 2 years ago
Petrobras
Business & Finance

Petrobras makes changes to its oil & gas production and CAPEX guidance

Brazilian state-owned oil and gas giant Petrobras has revised its oil and gas production and CAPEX guidance for 2023.

about 2 years ago
BeHydro’s hydrogen dual-fuel engine receives LR’s blessing
Certification & Classification

BeHydro’s hydrogen dual-fuel engine receives LR’s blessing

Classification society Lloyd’s Register (LR) has awarded a type approval to BeHydro, a joint venture between CMB.TECH and Anglo Belgian Corporation (ABC), for its hydrogen-powered dual-fuel engine.

about 2 years ago
French partners setting up research laboratory to boost large-scale green hydrogen production
Business Developments & Projects

French partners setting up research laboratory to boost large-scale green hydrogen production

Elogen, a GTT Group company specializing in PEM electrolysis, has signed a partnership agreement with the French National Center for Scientific Research (CNRS) and Université Paris-Saclay to create a joint research laboratory and accelerate large-scale green hydrogen production. The parties formed t

about 2 years ago
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