Japanese energy major JERA has signed a Memorandum of Understanding (MOU) with Abu Dhabi National Energy Company (TAQA) that will see them explore opportunities to work together to develop projects in the area of decarbonisation. The partnership follows JERA’s efforts to develop business in the Midd
Norwegian state-owned energy giant Equinor has completed the drilling of an appraisal well in the North Sea but failed to find hydrocarbons.
Brooklyn-based technology startup Amogy has signed a letter of intent and a lease with Sustainable Energy Catapult Center to kick-start testing operations for its 200kW ammonia-to-power platform in Norway. The operations will take place at Amogy’s recently launched testing facility for new and susta
Dry bulk shipping company Golden Ocean Group Limited (GOGL) has purchased three scrubbers that will be installed on three of its Capesize vessels due for drydock in 2023. The company assigned $1.2 million for the purchase, excluding installation costs. Scrubbers, also known as exhaust gas cleaning s
Carbon Clean has secured a contract to supply the carbon capture equipment for Ørsted’s FlagshipONE project in Sweden, also known as Europe’s largest green methanol project. Under the contract, Carbon Clean will deliver carbon capture equipment capable of capturing 70,000 tonnes per year of CO2 from
UK-based Capricorn Energy has dropped the previously announced merger agreement with Israel’s NewMed Energy, following board changes.
Technology company Honeywell has announced that energy major ExxonMobil will deploy one of its carbon capture technologies, CO2 Fractionation and Hydrogen Purification System, at its integrated complex in Baytown, Texas, to enable ExxonMobil to capture about 7 million tonnes of carbon dioxide (CO2)
Construction of the second LNG-fueled Icon-class cruise ship for Royal Caribbean has started at the Meyer Turku shipyard. The shipbuilder confirmed this in a social media update stating that the construction began on 15 February with the traditional steel cutting ceremony. This will be Royal Caribbe
Rystad Energy, an energy intelligence group, predicts that fossil fuel emissions will peak within two years prior to fitting into the pattern of steady decline.
Nine ocean carrier members of the Digital Container Shipping Association (DCSA) have committed to 100% adoption of an electronic bill of lading (eBL) based on DCSA standards by 2030. The bill of lading is one of the most important trade documents in container shipping. It functions as a document of
Japan’s exploration and production company Inpex has signed a joint collaboration agreement with Malaysian oil and gas exploration firm Petroleum Sarawak Berhad (Petros) for the potential development of a carbon capture and storage (CCS) project in Sarawak, Malaysia. The CCS project will target CO2
Swiss shipping giant Mediterranean Shipping Company (MSC) has signed an agreement with German freight forwarder DB Schenker for the use of 12,000 metric tons of biofuel components for all of DB Schenker’s consolidated cargo, less-than-container load (LCL), full-container-load (FCL) and refrigerated
Under European Union (EU) state aid rules, the European Commission has approved a €170 million Danish scheme to support the production of renewable hydrogen through Power-to-X (PtX) technologies. According to the Commission, the measure aims to contribute to the development of renewable hydrogen in
French container shipping major CMA CGM Group has entered into exclusive discussions with STEF Group to acquire 100% of La Méridionale, a mixed freight and passenger shipping company based in Marseille. “With this acquisition, CMA CGM Group wishes to pursue its development in the Mediterranean, whil
