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COP29 Azerbaijan; Source: COP29 Presidency

Environment

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal

21 minutes read

Marjolein Kelder from The Rich North Sea at OEEC 2023 panel session ‘Offshore energy: Business for the better’

Environment

OEEC first offshore energy event with dedicated nature enhancement content program, exhibition pavilion

The Netherlands is a pioneer in including nature enhancement stipulations in offshore (wind) energy tenders. The Dutch event for the international offshore energy and maritime industries, Offshore Energy Exhibition & Conference (OEEC), has also given nature enhancement a prime spot in this year’s ed

about 1 year ago

FPSO Petrojarl Knarr is expected to work at Equinor's Rosebank field; Source: Altera Infrastructure

Environment

Development moves forward but pending court verdict could spell the end for UK’s giant oil & gas projects

As the climate crisis intensifies, so do legal challenges for hydrocarbon projects, especially in the United Kingdom (UK), where two North Sea operators and climate activists are locked in a court battle with the potential to put the fossil fuel industry out of commission.

about 1 year ago

Environment

TotalEnergies ups methane detection ante and signs up another firm to its drone-based tech

TotalEnergies has set its cap on deploying real-time methane emissions detection equipment on all operated upstream assets as part of its efforts to curtail the methane footprint from its operations.

about 1 year ago

An aerial photo of the exhibition floor at Offshore Energy Exhibition & Conference 2023

Environment

One week to go: 400+ exhibitors from offshore energy industry to gather in Amsterdam

The following is a press release from Navingo BV, the owner of Offshore-Energy.biz and organizer of the annual Offshore Energy Exhibition & Conference (OEEC). More than 400 exhibitors and co-exhibitors booked their spots at OEEC 2024 Businesses and organizations from across the offshore energy secto

about 1 year ago

António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth

Environment

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read

Large-scale LNG plant within Sakhalin II project; Source: Gazprom

Environment

Russian gas and LNG play ‘major’ part in global energy security, Gazprom says

Russia’s giant Gazprom has highlighted the contributions its gas is making to oil the wheels of global energy security while discussing the size of the hand its gas and liquefied natural gas (LNG) supplies have in the worldwide energy mix.

about 1 year ago

Environment

DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)

An advanced unmanned surface vessel (USV) being built in Spain for DeepOcean and its partners has started taking shape at GONDAN Shipbuilders. GONDAN Shipbuilders started the construction of the USV Challenger in March, following the order from USV A/S, a joint venture of DeepOcean, Solstad Offshore

about 1 year ago

Environment

OGDC’s inaugural survey: progress made with emission cuts, but more work needed on reporting

The Oil & Gas Decarbonization Charter (OGDC) platform has published its first baseline report relating to priority areas for greenhouse gas (GHG) emissions reduction and the progress its signatories achieved in meeting their commitments.

about 1 year ago

Environment

US targets viable climate solutions with launch of strategy for marine CO2 removal research

The U.S. White House and the National Oceanic and Atmospheric Administration (NOAA) have released a national strategy for marine carbon dioxide removal (mCDR) research, which outlines how research could be safely and effectively accelerated, helping determine if emerging approaches are viable climat

about 1 year ago

Environment

Is North Atlantic the next emission control area for shipping?

Nature And Biodiversity Conservation Union (NABU), Germany’s ‘oldest and largest’ environmental association, is urging the International Maritime Organization (IMO) to establish an emission control area in the North Atlantic.

about 1 year ago

Bay du Nord FPSO development concept; Source: Equinor

Environment

Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?

Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider climate plan will limit pollution, drive innovation, and create jobs. However, those

24 minutes read

Environment

Höegh Autoliners, Fortescue urge regulators to fast-track green ammonia adoption

Norwegian shipowner Höegh Autoliners and Australian green technology, energy and metals company Fortescue have called on global shipping regulators to fast-track the adoption of green ammonia to speed up decarbonization efforts.

about 1 year ago

Environment

Shell emerges victorious from battle to overturn ruling in historic climate litigation case

Shell, now headquartered in the UK and not the Netherlands as was the case during the original ruling, has welcomed its new legal win, which overturns the decision that ordered the energy giant to step up its carbon emissions reduction game.

about 1 year ago