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).
A coalition of seven NGOs has sent a letter, encouraging the European Commission to list fossil fuel phase-out dates within the roadmap for Europe’s 2040 target.
San Bernardino Ocean Power Corporation (SBOPC), an affiliate of Energies PH, has awarded the UK’s Inyanga Marine Energy Group with a contract to build Southeast Asia’s first-ever tidal power generation plant. The project will be located at the remote Capul Island of Northern Samar in the Philippines
Many have publicly denounced their support for a taxpayer-funded NGO that takes legal action over climate change and environmental issues.
Jan De Nul has signed an agreement with ABC Engines for the delivery of methanol marine engines for what is said to be the world’s largest cable-laying vessel (CLV). Jan De Nul has placed an order for four 7,200 kW engines and one 1,800 kW engine that can run on (bio)diesel, HVO and methanol with [&
