The world’s first feeder vessel powered by green methanol is nearing construction completion and is getting ready to embark on its sea trials later this month. The 172-meter-long feeder was launched on April 4 at South Korea’s Hyundai Mipo Dockyard and it is being built for Denmark-based industry ma
The UN Secretary-General is adamant that countries need to progressively phase out fossil fuels and massively boost investment in renewables.
The European Union (EU) and the Government of Chile have launched two new cooperation actions on renewable hydrogen to contribute to the implementation of the “Team Europe Initiative for the Development of Renewable Hydrogen in Chile”. The initiative is a joint effort of the EU and its Member States
Knutsen NYK Carbon Carriers AS (KNCC) has signed a Memorandum of Understanding (MoU) with Pilot Energy Limited, an Australian oil and gas company that is pursuing to leverage its existing infrastructure to develop clean energy projects, to collaborate on an integrated solution for marine transportat
Houston-based oil and gas player Talos Energy has named a new Chief Financial Officer (CFO), after it current one decided to step down from the role.
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.
Hitachi Energy has secured a contract with Spanish and French electricity transmission operators to supply HVDC converter stations for the first subsea electricity interconnection between France and Spain. The contract for the Biscay Gulf interconnection has been awarded by Electricity Interconnecti
SolarDuck has signed a letter of intent with subsidiaries of Tenaga Nasional Berhad (TNB), the largest utility in Malyasia, to develop a 780kW offshore floating solar plant off the coast of Tioaman island.
European short-sea player Wilson ASA has signed a contract for the construction of six 3,800 dwt future-proof bulkers. Under the contract, Wilson has options for eight more diesel-electric cargo vessels, totaling the order to 14 vessels. India’s shipbuilder Cochin Shipbuilding confirmed that it has
MOL Clean Energy (MCE), a subsidiary of Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL), has made a strategic investment in Ascension Clean Energy (ACE), a proposed global-scale clean hydrogen-ammonia production and export facility in Ascension Parish, Louisiana. The strategic investment b
Australian Provaris Energy, former Global Energy Ventures (GEV), has launched the development of a large-scale production plant for green hydrogen at Ørskog in Ålesund municipality, Norway. The company has announced the development of the project in collaboration with Norwegian Hydrogen, stating it
The lifetime fuel costs of meeting key European decarbonisation targets for shipping through the LNG pathway are expected to be roughly half that of the methanol or ammonia pathways, according to the findings of a new analysis from the SEA-LNG coalition. The multi-sector coalition promotes the comme
A wildlife monitoring buoy has been deployed in the sea off the coast of Holyhead, marking a significant milestone for tidal energy in Wales, as the data gathered will inform future turbine installations at the Morlais tidal energy site as well as similar projects worldwide.
