Singapore-based ship management company Eastern Pacific Shipping (EPS) and the Dutch maritime technology company Value Maritime have completed their first-ever CO2 liquid bunkering. According to Value Maritime’s social media post, the operation, which is also the first in the world, took place in Ro
Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments.
California Air Resources Board (CARB) has approved Clean Air Engineering–Maritime, Inc.’s (CAE-M) latest vessel stack exhaust capture and treatment system, called the “ShoreKat.” The technology aims to reduce emissions from marine vessels while minimizing the impact on vessel performance and operati
The Norwegian Ministry of Petroleum and Energy has awarded two new exploration licenses for CO2 storage on the Norwegian continental shelf in the North Sea to four companies. The two exploration licenses are located in the southern part of the North Sea. The eastern license is offered to Aker BP and
Japanese companies Mitsubishi Heavy Industries (MHI) and Osaka Gas have entered into an agreement to conduct a feasibility study on a project to develop a CO2 value chain for carbon capture, utilization, and storage (CCUS).
New report by IEEFA points out that adding CCS to fossil-fired power plants will have unsustainable implications on electricity prices.
The UK Government has selected eight successful bidders in the second phase of the carbon capture, utilization and storage (CCUS) cluster sequencing process to proceed to negotiations for support through relevant business models. Following the selection of HyNet and East Coast Cluster as Track-1 CCU
IEA: More than 140 new CCUS projects were announced, ramping up planned storage capacity by 80 per cent, and capture capacity by 30 per cent.
Dutch multimodal operator Samskip has installed its first CO2 exhaust gas cleaning system on one of its shortsea vessels. The installation was performed while the vessel, Samskip Innovator, was docked at the shipyard Royal Niestern Sander. The system is being provided by Value Maritime under a deal
The governments of the UK and France have signed a new agreement committing to greater cooperation on energy resilience and low-carbon technologies, which could potentially support a rise in electricity interconnection by two thirds. The Statement of Cooperation on Energy was signed on 10 March by t
A consortium of global shipping organisations and the Oil and Gas Climate Initiative (OGCI) have received approval in principle (AiP) from the American Bureau of Shipping (ABS), the US ship certification agency, to use a carbon capture system onboard an oil tanker.
As it is estimated that investments amounting to a whopping $10 trillion are needed for the U.S. to reach its net-zero by 2050 goal, Wood Mackenzie, an energy intelligence group, looks into four technology pillars that would enable the U.S. to reap the benefits of the provisions within the Inflation
Japan’s JX Nippon is in the process of acquiring the country’s rig owner, JDC, in a bid to strengthen its position in the oil and gas industry.
A Subsea7 pipelay vessel has begun pipe spooling for the Northern Lights carbon capture and storage (CCS) project being developed in Norway. The vessel Seven Oceans arrived at Subsea7’s Vigra Spoolbase in Norway to spool the first section of the 100-kilometer pipeline that will run from Øygarden to
