
Even more pressure is being put on Australia’s energy major BHP to announce a firm stance on the future of its oil and gas business when it announces its results next Tuesday.

Wood chip carrier Crimson Polaris, which broke into two pieces after running aground off Japan earlier this week, had about 1,700 tons of oil on board.

South Korean shipbuilder Hyundai Heavy Industries (HHI) has decided to raise capital amounting up to KRW 1.08 trillion (about $932.8 million) in an effort to fund the development of eco-friendly vessel technologies.

PSA International has partnered up with RHT to explore co-creation and investment in environmental, social, and governance (ESG) digital assets solutions in an effort to further advance the goals of decarbonisation in ports and supply chains.

The Climate Leadership Council has suspended one of its founding members ExxonMobil several months after a firm’s lobbyist told an undercover activist it only backed a carbon tax as a PR stunt.

Oil and gas giant ExxonMobil has started barge deliveries of the International Maritime Organization-compliant, low-sulphur marine fuel in New Zealand.

A multi-sensor platform developed by DP Energy to track environmental effects of in-stream tidal turbines has been deployed in the Minas Passage in Canada’s Bay of Fundy.

Xodus is assessing the infrastructure and modifications required to enable electrification of Harbour Energy’s Central North Sea assets.

Oil major Chevron has made leadership changes as it’s working on its lower carbon strategy amid an ongoing energy transition.

Researchers have warned that commercial-scale deep-sea mining could cause irreversible damage to marine ecosystems.

Indonesian upstream regulator SKK Migas will conduct a decommissioning program for seven platforms no longer used to support upstream oil and gas operations.

UK-based oil and gas major BP and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have signed a partnership agreement to work on the development of new alternative fuels and low carbon solutions for the shipping industry.

The OGA has fined BP and served it with a sanction notice for breaching a licence condition by failing to report on two extended well tests.

The U.S. government has made the first step in the review process for decommissioning oil and gas infrastructure off the coast of California.