With additional funds from the Netherlands, the UN may be able to start the salvage operation to prevent a major oil spill in the Red Sea.
Oil major Chevron and its partners in the Aphrodite gas field off Cyprus have allocated funds for the drilling of an appraisal well and other development costs for the project.
Ramp-up of oil & gas investments and a new energy transition plan are required for a secure and sustainable energy future, says Aramco’s CEO.
Ocean Energy Europe, along with 10 other renewable energy industry bodies, has sent a joint letter to European Commission, arguing that the Innovation Fund’s third call must recognize the full decarbonization potential of renewables.
The Dutch Government has set a target of 70 GW of offshore wind energy until 2050, based on the assumption that 50 GW could be installed by 2040. In addition to electricity generation, the Government also plans for some of the country’s offshore wind capacity to be used for large-scale green hydroge
Germany’s government revealed plans to upgrade ports of Rostock and Lubmin in Mecklenburg–Western Pomerania state into energy ports, supporting the country’s energy security strategy.
TotalEnergies has approved the final investment decision for the Fenix gas development, located off the coast of southern Argentina.
The marine industry is moving too slowly in relation to decarbonisation, held back by a lack of regulations that would incentivise a quicker pick-up of synthetic fuels, MAN Energy Solutions’ Chief Sales Officer Wayne Jones has warned. Jones believes that without further action, global shipping might
FlagshipONE, the Swedish green fuels project jointly owned by power-to-fuel developer Liquid Wind and offshore wind developer Ørsted, has obtained the environmental permit for building the first large-scale green electrofuel facility for the marine industry. The Land and Environment Court in Umeå gr
Members of the European Parliament have adopted a new target for renewable energy, which raises the share of renewables in the EU’s final energy consumption to 45% by 2030, under the revision of the Renewable Energy Directive (RED).
Tata Power Solar Systems has received a Letter of Award (LoA) from NHDC to develop a 125MWp floating solar project in India’s state of Madhya Pradesh.
Parkmead Group has secured approval to drill its high-impact well on the Skerryvore prospects in the UK Central North Sea.
BOEM has reinstated the first oil & gas lease sale, held under the Biden administration, for acreage in federal waters in the Gulf of Mexico.
Woodside has made what is said to be a significant step in the regulatory approval process for its operated Browse to North West Shelf Project in Australia.
