Rosebank, located West of Shetland, is now facing additional obstacles that may hinder its progress and delay the sanctioning yet again.
While tackling the energy trilemma, BP has been working on multiple projects and three of these are on track to start up next year.
SEE MONSTER, a decommissioned North Sea platform’s new lease on life has now come to an end and it is expected to be recycled in the UK.
Earthjustice has urged Biden to put a stop to new drilling and ongoing fossil fuel extraction on U.S. federal lands and offshore territories.
Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.
Norwegian tanker shipping heavyweight Frontline is poised to have exhaust gas cleaning systems installed on over half of its fleet of over 70 ships. The company’s owned fleet included 37 scrubber-fitted vessels at the end of the third quarter of 2022, including 15 VLCCs, 19 Suezmax tankers and three
A preliminary agreement has been reached between the EU’s top three institutions to include greenhouse gas emissions from the maritime sector in the EU Emissions Trading System (ETS). The tentative deal was struck on Tuesday evening, and it leads to several milestones such as the inclusion of methan
Belize may lift the offshore oil moratorium to allow exploration activity, including seismic testing in Belizean waters.
Offshore Energies UK has predicted that about £20 bln will be spent on decommissioning North Sea oil & gas installations in the next decade.
Malaysia’s Petronas has taken a final investment decision (FID) to develop a carbon capture and storage (CCS) project offshore Sarawak.
ONE Trust, a 20,170 TEU containership owned by Japanese shipowner Ocean Network Express (ONE), is showcasing an innovative device installed on its bow, a wind deflector. The device has been installed at Qingdao Beihai shipyard in China during the vessel’s recent drydock. ONE Trust was built in 2017
Greenhouse gas emissions from the world’s maritime fleet increased by 4.7%, between 2020 and 2021, with most of the increase coming from container ships, dry bulk carriers and general cargo vessels, the latest Maritime Transport report from UNCTAD warns. Another worrying trend is the fact that the f
Westwood Global Energy has done a deep dive into the impact of the energy crisis on the energy transition to a sustainable, green future.
The Finnish–Swedish ferry operator Wasaline has been able to cut its CO2 emissions in half since the arrival of its new LNG-powered ferry Aurora Botnia over a year ago. The ferry entered service between Vaasa, Finland and Umeå, Sweden in the autumn of 2021. The Aurora Botnia is a 150-meter car and p
