Industrial gas supplier Air Products has revealed plans to invest approximately $500 million to build, own and operate a 35 metric ton per day facility to produce green liquid hydrogen at a greenfield site in Massena, New York. The company’s plans also include liquid hydrogen distribution and dispen
Danish shipping major Maersk has been included in the list of 134 ‘highly carbon-exposed companies’ that reportedly failed to disclose how climate-related risks might impact them financially. The list is part of a review produced by The Carbon Tracker Initiative, a think tank specializing in researc
The offshore energy industry is showing its strongest commitment and ramp-up in efforts to reach net-zero targets as soon as possible and get the energy crisis worries off its chest. Cutting vessel emissions has always been an integral part of the equation. With hybrid power solutions and different
Seaflex and Toledo Solar have established a collaborative partnership and strategic alliance to further advance floating solar technology and strengthen their position in this increasingly attractive renewable energy sector.
The Port of Long Beach has joined the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES), a public-private partnership formed to help capture federal funding for developing a renewable hydrogen market in California. ARCHES was launched to serve as the lead applicant for California’s bid t
Danish ship owner and operator Uni-Tankers has decided to retrofit two of its tankers to meet expectations for energy efficiency for the years ahead.
UK government has launched the 33rd offshore oil and gas licensing round, making 898 blocks and part-blocks available in an effort to boost the country’s energy security.
Oil and gas company Neptune Energy has extended the period of higher gas production from the Duva offshore field in Norway.
The IMO’s regulation on the carbon intensity indicator (CII) that enters into force in 2023 has come under a lot of fire in the shipping industry as a regulation that could punish owners with poor vessel ratings on the grounds of factors that they cannot influence upon. The CII is aimed at supportin
Danish companies pursuing high sustainability objectives are urging the country’s government and politicians to maintain sustainability on top of their agenda. In a joint statement, signed by A.P. Møller – Mærsk, FLSmidth, Ørsted and Vestas, among others, the companies asked the government to contin
Lithuanian liquefied natural gas (LNG) terminal operator Klaipedos Nafta (KN) has exercised its option to acquire the floating storage regasification unit (FSRU) Independence from Norway’s floating terminal projects company Höegh LNG. The transfer of ownership is expected to occur in December 2024.
European Union and the Norwegian government have agreed to continue working together to stabilize the energy markets in Europe.
Rolls-Royce business unit Power Systems and renewable energy projects developer SOWITEC have agreed to cooperate with the aim of providing power-to-X projects with a total electrolysis capacity of up to 500 MW by 2028. As explained, the plants will use renewable energy sources to generate electrical
Decom Engineering is developing a new lighter subsea chopsaw following the completion of a cutting job on the Gyda platform removal in the North Sea. Decom was part of the project team in charge of removing Repsol Norge’s 30,000-ton Gyda platform, providing cutting expertise to remove conductors fro
