Shell lists five trends in its energy outlook for 2023 observed through the prism of energy security, economics and transition to low-carbon.
Australian Provaris Energy has signed a Memorandum of Understanding (MoU) with Norwegian Hydrogen AS, a developer of hydrogen production hubs and value chains, to collaborate on the development of green hydrogen value chain projects in the Nordics, Europe. The scope of the MoU will focus on the deve
CNOOC plans to ramp up oil and gas production in 2023 while advancing its transition to low-carbon and renewable energy.
UK-headquartered Afentra plc has received approval from the Angolan Ministry of Mineral Resources, Oil and Gas for the acquisition of INA-Industrija Nafte’s interest in two blocks offshore Angola. Afentra is acquiring from INA-Industrija a 4 per cent interest in Block 3/05 and a 4 per cent interest
US-based shipowner Eagle Bulk Shipping announced that one of its bulkers has completed a voyage using biofuel. M/V Stamford Eagle, an Ultramax bulk carrier built in 2016, carried out the voyage in cooperation with the global mining and metallurgy group Eramet and its subsidiary Eramet Norway. The sh
The National Subsea Centre (NSC), a center of excellence for subsea research and technology development established to provide advanced research to accelerate the transition to net zero, has officially opened in Aberdeen. NSC was officially opened in Dyce, by Michael Matheson, Scottish Government Ca
Aker BP has entered into drilling and wells alliance agreements with Noble, Odfjell and Halliburton for drilling activities on the NCS.
Certain shareholders have voiced concerns over Capricorn’s proposed merger with Israel’s NewMed, seeing it as “profoundly unfavourable.”
While European oil majors are taking a gamble on hydrogen as the transport fuel for the future, this ‘big bet’ is not so big in reality, according to a new study on behalf of Transport & Environment (T&E), which shows that investments in biofuels refining are eight times bigger. Ricardo Energy & Env
Belgian tanker shipping major Euronav believes that Frontline’s unilateral termination of the proposed $4.2 billion combination agreement announced on Monday was unfounded, the company said in an update. “Euronav has determined that Frontline’s unilateral action in pursuing the termination of the co
The Scottish government has released a draft energy strategy, which aims to shape the country’s next 25 years of energy production.
SEA-KIT has put into operation its new production facility for the XL-Class uncrewed surface vessel (USV), which tripled the company’s production capacity and expanded its R&D area. SEA-KIT opened the new building, built alongside its existing base in Tollesbury, Essex, UK, on 1 October 2022. Accord
The Biden-Harris Administration has released the U.S. National Blueprint for Transportation Decarbonization, an interagency framework of strategies and actions to remove all emissions from the transportation sector by 2050. The document builds upon the memorandum of understanding Departments of Ener
Orbital Marine Power, one of the world’s leading tidal energy developers, has increased its support to the vital work of Ocean Energy Europe to promote the ocean energy sector by becoming a lead partner of the Brussels-based organization.
