The consortium partners behind Project Greensand have taken the final investment decision (FID) for what is the first full-scale carbon storage facility in the EU, investing $150 million in commercial agreements across the entire value chain, from CO2 emitters to logistics, storage, and shipping. On
A project that seeks to develop a common infrastructure in southern Sweden for transport and storage or utilization of carbon dioxide (CCUS) has received a financial boost from the Swedish Energy Agency (Energimyndigheten).
By 2050, Asia Pacific (APAC) countries could require up to 150 vessels to transport an estimated 100 million tons per annum (MtPA) of captured CO2 across national borders, according to a new report.
German shipowner Bernhard Schulte has marked a keel laying milestone in the construction of its first LNG dual-fuel liquid CO2 (LCO2) tanker at Dalian Shipbuilding & Offshore Company (DSOC) in China.
Equinor launched its first Hydrogen Open Season, inviting parties to express interest in purchasing low-carbon hydrogen from project in Eemshaven.
NYK Line and its affiliate KNCC have partnered with Nihon Shipyard to study constructability of a 40,000 cubic meter terminal-to-terminal liquefied CO2 (LCO2) vessel.
ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.
Finnish green tech company Langh Tech has launched a new system for onboard carbon capture (OCC), expanding its portfolio of exhaust gas treatment solutions for ships.
Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).
Value Group, the Netherlands-based company uniting Value Maritime and Value Carbon, has secured a €2 million investment from Rotterdam Energy Transition Fund (ETF-R), a €100 million investment fund of the City of Rotterdam.
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.
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
Petrobras has unveiled its new business plan for the 2025-2029 period (BP 2025-29) and strategic plan 2050 (SP 2050), outlining its focus and priorities to reinforce its long-term vision.
Techouse and electricity provider Ocean-Power – have signed a memorandum of understanding (MoU) to explore the option of developing a floating gas power plant with CO2-capture capabilities to be deployed on the Norwegian Continental Shelf (NCS).
