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Outlook & Strategy

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Canadian LNG exports to Asia could cut emissions by the equivalent of removing all vehicles from Canadian roads, new study shows
Outlook & Strategy

Canadian LNG exports to Asia could cut emissions by the equivalent of removing all vehicles from Canadian roads, new study shows

Canadian liquefied natural gas (LNG) exports to Asia could reduce annual emissions by the equivalent of removing every single car from Canadian roads, according to a new study from energy research and consultancy firm Wood Mackenzie. The study, commissioned by the Canadian Energy Centre, coincides w

about 3 years ago
Shell and GE Gas Power pursue LNG decarbonisation path using hydrogen
Outlook & Strategy

Shell and GE Gas Power pursue LNG decarbonisation path using hydrogen

GE Gas Power and Shell Global Solutions have signed a development agreement to pursue potential pathways to reduce the carbon intensity of Shell’s liquefied natural gas (LNG) supply projects around the world. The companies see the use of hydrogen as low-carbon fuel in gas turbines as one of the poss

about 3 years ago
Fuel Cell
Outlook & Strategy

Validity of Ecospray’s ‘strategic’ Molten Carbonate Fuel Cell tech confirmed

The CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for carbon capture (CC) in shipping, matches the expected targets announced by its developer Ecospray, at the beginning of the project, Italian classification society RINA said. The Italian environmental consultant l

about 3 years ago
Google calls for more restrictive ‘green’ hydrogen rules
Outlook & Strategy

Google calls for more restrictive ‘green’ hydrogen rules

US technology giant Google, leading a group of several companies including Spanish utility Iberdrola and the Dutch natural gas firm Eneco, has urged the European Commission (EC) to adopt strict rules on what can be classified as ‘green’ hydrogen. On 2 November, Google, Iberdrola and Eneco, among oth

about 3 years ago
Subsea 7 picks UK firm for welding and coating services
Outlook & Strategy

Subsea 7 picks UK firm for welding and coating services

Subsea 7 has entered into a long-term deal with Pipeline Technique (PTL) for the provision of welding and coating services.

about 3 years ago
TotalEnergies bent on taking legal action following accusations of ‘dramatically underreporting’ emissions
Outlook & Strategy

TotalEnergies bent on taking legal action following allegations of ‘dramatically underreporting’ emissions

After Greenpeace said that TotalEnergies’ emissions are four times higher than reported, the oil major has decided to pursue legal action.

about 3 years ago
Chariot and partners tapping into green hydrogen market in Morocco
Outlook & Strategy

Chariot and partners tapping into green hydrogen market in Morocco

Africa-focused energy company Chariot has entered into an agreement with the UK-based manufacturer of green hydrogen systems Oort Energy and Mohammed VI Polytechnic University to collaborate on green hydrogen pilot projects in Morocco. The parties agreed to utilise a polymer electrolyte membrane (PE

about 3 years ago
Indian firm sets sights on floating solar as part of diversification into renewable energy
Outlook & Strategy

Indian firm sets sights on floating solar as part of diversification into renewable energy

India’s energy company Bharat Petroleum Corporation (BPCL) has launched a tender looking for consultancy services for the development of floating solar projects in Kochi. BPCL is engaged in manufacturing a range of petroleum products through oil depots, installations, LPG bottling plants, etc., and

about 3 years ago
Wood Mackenzie: Gulf of Mexico can be frontrunner in offshore CCS projects
Outlook & Strategy

Wood Mackenzie: Gulf of Mexico can be frontrunner in offshore CCS projects

Carbon capture and storage (CCS) projects in the Gulf of Mexico could play an important role in meeting U.S. greenhouse gas emission reduction goals, however, many challenges remain, according to a report by Wood Mackenzie. There are currently 22 CCS projects in the U.S., accounting for 19% of globa

about 3 years ago
Maersk exploring large-scale green fuels production in Spain
Outlook & Strategy

Maersk exploring large-scale green fuels production in Spain

Danish shipping and logistics giant A.P. Moller – Maersk has signed a general protocol for collaboration with the Spanish government to explore the opportunities for large-scale green fuels production in Spain. The signing of the protocol was described as a significant milestone in the collaboration

about 3 years ago
Fortescue and Enel Green Power form hydrogen partnership
Outlook & Strategy

Fortescue and Enel Green Power form hydrogen partnership

Australia’s Fortescue Future Industries (FFI) and Italy’s Enel Green Power (EGP) are partnering up to explore the co-development of the green hydrogen value chain with an initial focus on Latin America and Australia. Through this collaboration, the companies aim to make green hydrogen cost-competiti

about 3 years ago
Strong demand for Transocean rigs to bring higher day rates and fleet utilisation
Outlook & Strategy

Strong rig demand to boost Transocean’s day rates and fleet utilisation

Transocean is expecting the demand for its rigs to remain high, leading to a further improvement in day rates and fleet utilisation.

about 3 years ago
Horisont Energi and Neptune Energy eye new CO2 storage license
Outlook & Strategy

Horisont Energi and Neptune Energy eye new CO2 storage license

Horisont Energi and Neptune Energy are set to apply for the license to operate an area for CO2 storage in the North Sea that Norway’s Ministry of Petroleum and Energy announced on 2 November. The parties plan to apply together, with Neptune Energy having the operatorship for the development phase an

about 3 years ago
Equinor and Centrica team up to develop East Yorkshire hydrogen hub
Outlook & Strategy

Equinor and Centrica team up to develop East Yorkshire hydrogen hub

Norway’s Equinor and UK’s Centrica have signed a cooperation agreement to explore the development of a low-carbon hydrogen production hub at Easington in East Yorkshire, with the aim to strengthen the region’s status as the UK’s foremost hydrogen place. Under the agreement, the Centrica-operated are

about 3 years ago
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