The European Union (EU) has put forward an ambitious proposal to achieve net-zero emissions in the shipping sector by 2050. On 21 June 2023, the EU Delegation to the UN, together with Denmark, Palau and Samoa, and with the participation of Special Adviser to the UN Secretary-General and ASG of the C
In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately
Is the saga about the Labour Party’s plans for the UK’s oil and gas industry reaching a softer stance while plans for renewables remain firm?
Canada could reap numerous benefits from investing in infrastructure that would enable the uptake of low and zero emissions shipping fuels, according to a new study from global sustainable development consultancy Arup carried out in partnership with Lloyd’s Register (LR) Maritime Decarbonisation Hub
Finnish technology group Wärtsilä has published a new whitepaper on the potential of Power-to-X (P2X) fuels for power generation. An in-depth study in the whitepaper entitled “The feasibility of Power-to-X fuels for power generation” examines the entire value chain of P2X fuels, analyses cost predic
Westwood has looked at the UK and Norway’s net-zero targets and steps being taken to decarbonise the oil and gas industry.
As part of its task to develop national hydrogen infrastructure, international cooperation and hydrogen market around the Baltic Sea region, state-owned transmission system operator Gasgrid Finland has organised a non-binding market consultation for industrial actors to gain insight into their hydro
The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.
According to the “Stick or twist: Should gas resource holders target LNG exports or blue ammonia?” report by energy intelligence group Wood Mackenzie (WoodMac), the acceleration of the energy transition means gas resource holders increasingly face a choice to either follow the established pathway an
This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen
The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and massively boost investment in renewables.
Norwegian shipowner MPC Container Ships (MPCC) has finalized the acquisition of five eco-design vessels. With a total purchase price of $136.4 million, these acquisitions come with existing charter contracts from top-tier counterparties, which the company expects to solidify its revenue-generating c
Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, as it believes that oil and gas will remain important players on the energy stage.
The International Energy Agency (IEA) believes that growth in global oil demand is projected to slow down to a crawl by 2028.
