Italian energy infrastructure operator Snam, in cooperation with Confindustria, has officially launched a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon
2023 was an exciting year for offshore wind, but there are still major challenges to tackle, said Jan Vos, Chairman of the board of the Netherlands Wind Energy Association (NWEA), at the Offshore Energy Exhibition & Conference (OEEC) 2023, proposing standardization in the industry. Vos affirmed that
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
Nebula Energy, a fully integrated investment management firm focused on LNG and CCS sectors, has acquired a majority stake in AG&P LNG, a subsidiary of AG&P Group and developer of LNG terminals and downstream infrastructure. On January 31, Nebula Energy announced it is investing $300 million in AG&P
Oslo-listed Wallenius Wilhelmsen has sealed two contracts worth over $1.2 billion with an unnamed global construction and mining equipment manufacturer and one of the largest automotive distributors in the Americas. The first multi-year shipping contract, valued at approximately $1 billion based on
CNOOC plans to step up oil and gas production and scale up natural gas exploration activities while pursuing its energy transition agenda.
Switzerland-based technology company ABB has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (DTN Shipping), expanding the company’s offering in maritime software.
Wind propulsion company BAR Technologies (BAR) has entered into a partnership agreement with Chinese giant CM Energy Tech to wholly manage and oversee the production of BAR Technologies’ WindWings in China. BAR Technologies said that the Hong Kong-listed company would greatly enhance the company’s a
The first stage of what is said to be the largest floating solar plant in Brazil has been inaugurated in the State of São Paulo. The UFF Araucária project is located at the Billings dam and is being developed by Empresa Metropolitana de Águas e Energia (EMAE) and KWP Energia. The first stage, coordi
Taiwanese shipping company Wisdom Lines is starting 2024 with a $80 million investment in two 84,000 dwt bulk carriers. The company revealed that its Board of Directors approved the purchase of the vessels, which are set to be constructed by Tsuneishi Group (Zhoushan) Shipbuilding Inc. in China, the
Tens of thousands of new-generation clean jobs need to be created to support burgeoning hydrogen production and the carbon capture and storage (CCS) industry in the UK’s Teesside and Humberside regions, according to Jonathan Brearley, CEO of UK energy market regulator Ofgem. Following visits to CCS
Chevron is convinced that all energy sources will be needed in the future to meet the growing demand and ensure the security of supply.
Aside from European gas prices being down 45%, Wood Mackenzie’s forecast indicates that flat global demand is on the horizon this year.
Container shipping industry giants Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. “Teaming up with Maersk will help us to further boost the quality we deliver to our customers. Additionally
