The US Department of Energy (US DOE) has expanded its largest ever investment in tidal energy with additional $10 million, reserved for community-led tidal and current energy projects.
Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $
Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?
Bloom Energy, a US-based green energy company, has partnered up with Telam Partners, a senior advisory firm specialised in the financing and market entry of energy, infrastructure, and technology projects, to expand its services, which include electrolyzers and hydrogen, into Spain and Portugal. Acc
The partners in the innovative industry-led project that aims to demonstrate the effectiveness of renewable energy for powering subsea production systems and vehicles are getting ready to demonstrate the integrated system offshore Orkney in Scotland.
The Union Cabinet of India, chaired by PM Shri Narendra Modi, has approved the National Green Hydrogen Mission, which aims to make the country a global hub for the production, utilisation, and export of green hydrogen and its derivatives, as well as help it become energy independent while also decar
In its latest report, the Environmental Audit Committee of the United Kingdom has called for a greater strategic focus on tidal energy, highlighting its potential to contribute to the UK’s energy security in the long term.
Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.
Japanese shipping heavyweight NYK Line has voiced the need to bolster the company’s actions on decarbonization on the back of a reported rise in GHG emissions in 2022, which has been ascribed to various impacts of the COVID-19 pandemic. “Last year, the Group’s GHG emissions, unfortunately, increased
Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain prices, global inflation,
To scale up its decarbonisation efforts by 2030, ADNOC has hammered out a multi-year action plan, allocating $15 bln for low-carbon projects.
Japanese shipping company Kawasaki Kisen Kaisha (K Line) has completed the installation of the first Seawing, an automated kite system that harnesses wind power, on a Capesize bulk carrier at the end of 2022. The installation was in line with the previously announced schedule, as K Line had been pla
Danish company Crestwing has entered the new year with significant funding support secured from both government and private entities that will be used to further advance its wave energy technology and bring it to market-ready stage.
Calls for replacing natural gas with hydrogen are gaining ground, but many still see gas as a major player in propelling the energy transition.
