The European Parliament adopted the FuelEU Maritime report, voting in favor of a 2% mandate for green shipping fuels by 2030. The report establishes a clear trajectory for greenhouse gas intensity reductions calling for the maritime sector to cut its GHG emissions from ships by 2% as of 2025, 20% as
The International Maritime Organization’s (IMO) global sulphur cap has reduced artificial “ship track” clouds to record-low levels, a new study conducted by the National Aeronautics and Space Administration (NASA) shows.
The Australian, Tasmanian and Victorian governments have reached a funding agreement to build the 1,500 MW bi-directional Marinus Link interconnector between Victoria and Tasmania. The Australian government funding is part of the $20 billion Rewiring the Nation plan to transform the country’s electr
The US Department of Energy (DOE) has announced $35 million in funding to advance river current and tidal energy systems, the largest ever made for these renewable energy technologies in the United States so far.
The U.S. Bureau of Ocean Energy Management (BOEM) will hold an offshore wind lease sale in California on 6 December. This will be the first-ever offshore wind lease sale on the U.S. Pacific coast and the first-ever through which the country will support commercial-scale floating wind farms. On 6 Dec
While the European Parliament gears up to vote on the FuelEU Maritime on Wednesday as the ‘Fit for 55’ package of legislative proposals enters its final stage, EU policymakers are being called to raise climate ambitions in the proposals. Signatories of the Getting to Zero Coalition said that in this
The European Union (EU) should approve additional ship recycling facilities outside Europe to meet the demands of the global shipping industry, a report commissioned by BIMCO shows.
In 2021, Norwegian state-owned energy giant Equinor paid $8.9 billion dollars in corporate tax to authorities.
UK-based tidal energy developer HydroWing has signed a memorandum of understanding (MoU) with state-owned company Indonesia Power to support and develop tidal energy projects in Indonesia.
Tidal stream energy could plummet below £80 (€90) per MWh by 2035 if current opportunity is realized, a new report by ORE Catapult predicts.
Equinor has secured a permit from the country’s authorities to drill two wildcat wells in the Norwegian sector of the North Sea.
The countries pursuing net-zero goals are grappling with surging prices while also trying to find ways to keep on track with the green energy infrastructure projects.
Russia is considering building extra subsea natural gas pipelines to Türkiye to redirect the flows on the idled Nord Stream pipelines, Bloomberg reported Russian President Vladimir Putin as saying at the Russian Energy Week forum in Moscow. According to Bloomberg, Putin stated that Russia could tran
Petronas has signed a PSC with TotalEnergies, Petronas Carigali, Sabah Shell Petroleum Company (SSPC), and Shell Sabah Selatan.
