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Authorities & Government

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Business & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageExploration & ProductionRegulation & PolicyTransitionCertification & ClassificationEnvironmentMarket OutlooksResearch & DevelopmentCollaborationInfrastructureOutlook & StrategyProject & TendersVisionRules & Regulation
Illustration; Source: ExxonMobil
Authorities & Government

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
Illustration; Source: Navingo
Authorities & Government

Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pu

16 minutes read
T&E
Authorities & Government

T&E: Carbon footprint of European gas imports underestimated by almost 30%

Despite the efforts to promote liquefied natural gas (LNG) as the go-to clean alternative, new evidence on upstream emission suggests that Europe’s gas mix is much dirtier than the European Union’s (EU) officials had initially thought, Transport and Environment (T&E) shared. According to a study tit

about 1 year ago
Leaders at COP29 Azerbaijan; Source: COP29 Azerbaijan
Authorities & Government

COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

16 minutes read
COP29 Azerbaijan; Source: COP29 Presidency
Authorities & Government

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal

21 minutes read
NAGA 7; Source: Velesto
Authorities & Government

Sunken rig’s wreck removal done as recycling ops near the finish line with Boskalis’ help

Velesto has confirmed the wrap-up of wreck clearance with recycling activities expected to follow suit shortly for one of its jack-up rigs that tilted due to an incident and subsequently sank in 2021.

about 1 year ago
IMO
Authorities & Government

Three UN transport organizations unite to decarbonize sectors and fight climate change

The UN transport organizations have joined forces to reduce the impact of their respective sectors on climate change.

about 1 year ago
'World's largest utility company' enters Greek interconnector
Authorities & Government

‘World’s largest utility company’ enters Greece’s largest island interconnector

A wholly owned principal subsidiary of Chinese state-owned electric utility corporation State Grid Corporation of China (SGCC) has purchased a 20% share in a subsidiary owned by Greek transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE), thereby entering what is

about 1 year ago
FPSO Petrojarl Knarr is expected to work at Equinor's Rosebank field; Source: Altera Infrastructure
Authorities & Government

Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put the fossil fuel industry out of commission.

about 1 year ago
Brage platform; Source: OKEA
Authorities & Government

North Sea oil & gas project named after Odin’s mother from Norse mythology gets the go-ahead

OKEA has received the Norwegian government’s blessing to move forward with its plan for the development and operation (PDO) of an oil and gas field in the North Sea off the coast of Norway, which will be tied back to an existing platform.

about 1 year ago
USA: Blue Water gets FTA LNG export permit from DoE
Authorities & Government

US grants $2.2 billion to two regional clean hydrogen hubs

As part of President Biden’s ‘Investing in America’ agenda, the U.S. Department of Energy (DOE) has awarded up to $2.2 billion to two regional clean hydrogen hubs.

about 1 year ago
Europe likely to miss its 2030 renewable hydrogen targets, ACER says
Authorities & Government

Europe likely to miss its 2030 renewable hydrogen targets, ACER says

Hydrogen projects face risks from uncertainties of future hydrogen demand and high costs, and the EU is likely to miss the 2030 strategic goal of 20 Mt renewable hydrogen consumption, according to a hydrogen monitoring report from the European Union Agency for the Cooperation of Energy Regulators (A

about 1 year ago
Illustration; Credit: OEUK
Authorities & Government

UK’s offshore oil & gas decom bill to hit £24.6 billion by 2033

Offshore Energies UK (OEUK) has outlined in its new report that decommissioning work could account for 22% of the cumulative oil and gas spend over the next ten years.

about 1 year ago
Tender opens for Greece's second HVDC cable system
Authorities & Government

Tender opens for Greece’s second HVDC cable system

Greece’s transmission system operator (TSO) Independent Power Transmission Operator (IPTO or ADMIE) has launched the tender for the country’s second high-voltage direct current (HVDC) cable system, a project that will integrate the Dodecanese Islands into the mainland high-voltage grid. The tender f

about 1 year ago
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