Xodus has unveiled a new whitepaper, which was produced in partnership with Subsea7 and designed as a tool for assessing the relative cost efficiency of carbon capture, utilization, and storage (CCUS) projects and the timeline for their viability.
Norwegian tanker major Frontline has completed the sale of its stake in Euronav cementing the acquisition of a fleet of 24 ECO very large crude carriers (VLCCs) from the company and formally becoming the largest pure-play tanker owner in the public domain measured by dwt. The transaction is part of
OEUK’s report: Shutting down obsolete North Sea energy installations is a business opportunity worth over £20 billion over the next decade.
Which steps need to be taken to enhance the viability of CCUS as a decarbonization tool in the energy transition arsenal?
Poland’s natural gas transmission system operator GAZ-SYSTEM has closed the submission phase for binding offers in its open season FSRU 2 procedure which did not result in a sufficient number of binding orders to proceed with the implementation of the project envisaging installation of the second FS
The International Chamber of Shipping (ICS) and the International Bunker Industry Association (IBIA) have submitted a joint proposal to the shipping industry’s global regulator, the UN International Maritime Organization (IMO), for a Global GHG Fuel Standard (GFS). The proposal, set to be discussed
The latest research by Westwood Global Energy Group, a market research and consultancy firm, has revealed an optimistic outlook for Northwest Europe (NWE) hydrogen imports, led by targets set by the Netherlands and Belgium. According to Westwood, the two countries have a collective potential to prov
In a bid to have a country-wide efficient hydrogen infrastructure network by 2032, Germany’s federal cabinet has passed a draft law that provides regulations for financing the core network. At the same time, transmission system operators (TSOs) have submitted the draft application for the hydrogen c
Finnish technology group Wärtsilä has introduced the marine sector’s first commercially available 4-stroke engine-based solution for ammonia fuel.
TotalEnergies has published its new annual energy outlook, presenting scenarios for the evolution of demand and the global energy system to contribute to the energy transition’s debate in the run-up to COP28.
The U.S. Department of Energy (DOE) has launched the Powering the Blue Economy: Power at Sea Prize, which will award up to $1.7 million to competitors to advance technologies that use marine energy to power ocean-based activities.
Danish wave energy company Wavepiston has partnered up with Shell Technology – Marine Renewable Program to identify opportunities and potential avenues for collaboration on ocean energy developments.
Scottish wave energy company Mocean Energy has raised €2.5 million in new equity, alongside €572,000 grant to drive the commercialization of its wave energy technologies, bringing Katapult Ocean and MOL Plus as new investors in the business.
Our world stands at a crucial crossroads on the journey to reduce carbon emissions and adopt renewable energy sources. Shifting towards clean energy is not merely a choice but an imperative in the battle against climate change and the pursuit of a sustainable future. This transition is gaining momen
