The shipping industry is ‘partially on track’ with regard to the progress in technology and supply of scalable zero-emission fuels (SZEF) to achieve the target of a 5 percent share of international shipping fuels by 2030, according to a new joint report produced by UMAS and UN Climate Change High Le
Three of Korea’s large conglomerate groups have formed a new consortium to use hydrogen potential and build a green energy export corridor between North Queensland and north-east Asia.
Hydrogen projects have reached record numbers globally as 680 large-scale projects were announced, which is an increase of 50% since November 2021. However, investments in hydrogen must triple by 2030 in order to achieve the global 2050 net-zero target, says a new report published by the Hydrogen Co
A court in Australia has ruled against Santos but in favour of an indigenous group in a case related to the development of the Barossa gas project.
Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.
Finnish shipping company Meriaura, engine maker Wärtsilä, and Green NortH2 Energy have signed a Letter of Intent for building a cargo vessel that runs on green ammonia. The vessel will be ordered and operated by Meriaura, and Green NortH2 Energy is responsible for supplying green ammonia fuel, which
The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir
German company Deutsche ReGas has kicked off the construction of ‘Deutsche Ostsee’, a liquefied natural gas (LNG) terminal in Lubmin in the northeast of the country. According to the company, the construction began on 20 September as an ‘important milestone’ for the project. The industrial port will
International Renewable Energy Agency (IRENA) has released a new report, setting out urgent priorities to rapidly make more clean technologies the most affordable options in key sectors.
The world’s rapidly growing fleet of ships that can burn liquefied natural gas (LNG) is at risk of financial losses of $850bn by 2030, according to a new study by UCL Energy Institute researchers. Namely, 65% of the newbuilding deliveries by 2025 is capable of running on LNG as a marine fuel, up fro
French LNG containment specialist GTT has received the tank design order for two new LNG carriers (LNGCs) from Chinese shipbuilder Hudong-Zhonghua.
Höegh LNG Holdings Ltd, an owner and operator of floating LNG terminals, floating storage and regasification units (FSRUs) and LNG carriers, has received green light for the proposed merger with Höegh LNG Partners. On 20 September, the common unitholders of Höegh LNG Partners voted and approved the
The Canadian Province of Nova Scotia will auction off 5 GW of offshore wind energy by 2030, starting in 2025, with an ultimate aim to support green hydrogen production. This is the first concrete move toward planned offshore wind development in the country which has seen significant activity in the
KSOE bags order for 4 LNG-powered boxships, 4 petrochemical carriers
