Germany’s KfW IPEX-Bank has decided to finance the newbuilding program of Finnish shipping company Langh Ship by providing €35 million for two eco-friendly 1,200 TEU containerships.
The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.
North America’s energy company Sempra has decided to sell one subsidiary and divest a minority stake in another one to simplify its portfolio and support the growth of its Texas and California utilities.
Japan’s Tsuneishi Shipbuilding has launched the country’s first tugboat equipped with a hydrogen-powered internal combustion engine.
BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.
Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).
Marine classification society Lloyd’s Register (LR) has awarded Scotland-based renewable energy company Orbital Marine Power an International Electrotechnical Commission for Renewable Energy (IECRE) feasibility statement for its O2-X tidal energy converter (TEC). According to LR, the O2-X, an upgrad
Galveston LNG Bunker Port (GLBP) has executed the first sales and purchase agreement (SPA) for the supply of LNG of its proposed liquefaction project in Texas City Industrial Complex within Galveston Bay.
Switzerland-headquartered energy company MET Group has named a new leader for its liquefied natural gas (LNG) unit.
Ocean Oilfield Integrated Solutions has confirmed the completion of an offshore drilling assignment, which one of its jack-up rigs carried out off the coast of the United Arab Emirates (UAE).
South Korean shipping major HMM has completed methanol bunkering for its first methanol-powered containership, HMM Green.
Japan’s Inpex Corporation and Kanto Natural Gas Development have established a joint venture (JV) to accelerate research and planning in relation to a carbon capture and storage (CCS) project commissioned by the Japan Organization for Metals and Energy Security (JOGMEC).
Wave energy developer Eco Wave Power has received Revocable Permit 25-05 from the Port of Los Angeles, allowing the company to proceed with the construction and demonstration of its wave energy technology at Berth 70 in San Pedro, California. According to Eco Wave Power, the permit was approved and
Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de
