two representatives from Bureau Veritas have provided their take on the current energy trends, highlighting that renewables and hydrogen are positioned to reap the benefits from the recent U.S. liquefied natural gas (LNG) permitting pause.
This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.
Poland’s natural gas transmission system operator GAZ-SYSTEM has received a decision on the environmental conditions from the Regional Director for Environmental Protection in Gdańsk for the implementation of the FSRU terminal with a subsea gas pipeline at the Port of Gdańsk. According to GAZ-SYSTEM
Norwegian shipping company Siem Offshore is collaborating with Finnish technology group Wärtsilä on vessel decarbonization solutions as part of its efforts to reduce the carbon footprint of its 26-vessel fleet and goal of reaching full carbon neutrality by 2050. According to Siem, the aim is to achi
OX2 and the Swedish Meteorological and Hydrological Institute (SMHI) have teamed up to examine how by-product from the hydrogen production at OX2’s two offshore energy parks can oxygenate the Baltic Sea. SMHI, together with OX2, has been approved research grant from the Swedish Environmental Protect
Following the offshore trunkline installation incident at the end of January, Italian oilfield services provider Saipem has received approval from the Australian Commonwealth regulator National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) that the Castorone vessel may r
Woodside has tucked a social impact assessment approval under its belt for its deepwater oil project in the Perdido basin in the Gulf of Mexico.
The Biden administration’s imposed pause on pending approvals of liquefied natural gas (LNG) exports is seen as a controversial move, which has brought the strife between Big Oil and climate campaigners to the fore.
This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.
A new behavior-focused sustainable shipping trial has shown that informed decisions can help ships’ crews make fuel-saving decisions 21% more often. Specifically, Ridgebury Tankers has carried out a six-month trial in cooperation with behavior change startup Signol during which officers on four tank
Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal
According to Erwin Coolen, Director of ECHT, we need Mariparks, which are offshore business areas, and multiuse to reach energy, food and nature transitions that are ongoing on the North Sea. Together with Nathalie Scheidegger, Project Leader Sustainable Blue Economy, Netherlands’ Ministry of Agricu
Shell’s annual profit in 2023 took a tumble, dropping by 30% on a year-over-year basis, compared to its highest-ever annual profit, which came to almost $40 billion in 2022.
The International Chamber of Shipping (ICS), the Commonwealth of The Bahamas, and the Republic of Liberia have submitted a detailed, fit-for-purpose proposal to shipping’s global regulator, the International Maritime Organization (IMO) for a Zero Emission Shipping Fund (ZESF).
