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Market Outlooks

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Technip Energies, John Cockerill launch new hydrogen solutions company
Market Outlooks

Technip Energies, John Cockerill launch new hydrogen solutions company

Engineering and technology companies Technip Energies and John Cockerill have established Rely, a provider of integrated and competitive green hydrogen solutions. According to Technip, Rely will offer end-to-end solutions, from pre-final investment decision (pre-FID) services, including technical an

about 3 years ago
Maersk
Market Outlooks

Maersk: Q1 profitability slashed amid softened demand

Danish container shipping major Maersk has reported a massive drop in its ocean revenue for the first quarter of this year, plunging by $5.7 billion to $9.9 billion year-on-year amid lower freight rates and softened demand. Last year saw a record performance of container shipping majors, impacted by

about 3 years ago
Illustration/Eco Wave Power's wave energy plant in Gibraltar (Courtesy of Eco Wave Power)
Market Outlooks

California’s wave and tidal legislation moves forward

The California Senate Bill 605 for wave and tidal energy, introduced by senator Steve Padilla of Chula Vista, has passed two US government committees and has now moved to the Senate Appropriations Committee for further consideration.

about 3 years ago
Illustration; Source: GlobalData
Market Outlooks

Energy transition and geopolitics to ‘weigh heavily’ on oil & gas industry in 2023

GlobalData has revealed that geopolitics and energy transition are the most pressing themes for the oil and gas industry in 2023.

about 3 years ago
Illustration; Source: EIA
Market Outlooks

U.S. natural gas withdrawals reach lowest level in seven years

The U.S. Energy Information Administration (EIA) says less natural gas was withdrawn from storage this winter than in the last seven.

about 3 years ago
Illustration (Courtesy of TEAMER Program)
Market Outlooks

TEAMER opens 10th call for marine energy projects

The US Testing Expertise and Access for Marine Energy Research (TEAMER) program, sponsored by the US Department of Energy (DOE), is now accepting applications for the tenth request for technical support (RTFS).

about 3 years ago
Illustration (Courtesy of US OESI)
Market Outlooks

US OESI launches funding opportunity for marine energy

The US Ocean Energy Safety Institute (OESI) has launched a request for proposals, targeting small-scale marine energy solutions for offshore wind and oil & gas operations, and utility-scale devices that enhance marine energy operations.

about 3 years ago
Greenpeace reports: Gas industry pushing US and Europe into hazardous LNG contracts
Market Outlooks

Greenpeace reports: Gas industry pushing US and Europe into hazardous LNG contracts

Campaigning organisation Greenpeace has warned that gas companies are driving government policies that lock the US and Europe into hazardous new liquefied gas (LNG) commitments. In its latest investigation report “Who profits from war – How gas corporations capitalise from war in Ukraine,” Greenpeac

about 3 years ago
MPA Singapore, classification societies join hands on decarbonisation and digitalisation
Market Outlooks

MPA Singapore, classification societies join hands on decarbonisation and digitalisation

The Maritime and Port Authority of Singapore (MPA) and eight top classification societies have signed a Letter of Intent (LOI) to collaborate on maritime digitalisation and decarbonisation. The LOI was signed during the Accelerating Decarbonisation Conference at Singapore Maritime Week on 27 April 2

about 3 years ago
Sustainable Marine's PlAT-I 6.4 tidal energy platform (Courtesy of Sustainable Marine)
Market Outlooks

Sustainable Marine drops Nova Scotia tidal energy project as federal government faces backlash over missed opportunity

Sustainable Marine, a company that achieved an important milestone for Canada with a first-ever grid-connected floating tidal energy platform in Grand Passage, has decided to withdraw its application for the development of projects in the Bay of Fundy due to the lack of a transparent regulatory proc

about 3 years ago
Euronav
Market Outlooks

Capital Gas, Euronav, and Maran Tankers lead the pack as last week’s tanker orders hit 17

Newbuild ordering in the tanker industry is picking up momentum with 17 new tanker orders placed last week, shipbroking reports show. Several big industry names make up the list of buyers, including Euronav, Maran Tankers, and Capital Gas, signaling renewed confidence in the industry’s future. The o

about 3 years ago
Inseanergy's floating solar unit (Courtesy of Inseanergy)
Market Outlooks

Inseanergy goes public with its fundraising campaign

Inseanergy, a Norwegian company developing floating solar solutions for aquaculture industry, has opened a fundraising campaign, targeting €855,000 to further advance its business.

about 3 years ago
Illustration; Source: Bureau Veritas
Market Outlooks

Is gas paving the way for the hydrogen revolution?

In the energy transition blueprint for the sustainable future, hydrogen has carved a niche for itself and is gaining more ground.

about 3 years ago
Global OTEC meets with Turks and Caicos Islands representatives (Courtesy of Global OTEC)
Market Outlooks

UK company looking into OTEC plants for Turks and Caicos Islands

Global OTEC has started talks with the government officials of Turks and Caicos Islands regarding the possible installation of an ocean thermal energy conversion (OTEC) plant for clean energy generation.

about 3 years ago
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