According to research by Rystad Energy, global LNG investments will peak at $42 billion in 2024, which is a 50 per cent jump from current spending.
American Bureau of Shipping (ABS) highlights methanol as a promising fuel source for the global fleet as a pathway to carbon neutrality through green methanol.
Norway’s gas can enable Europe to achieve its energy transition goals, says the NPD, but investments in unlocking new resources are needed.
Towage operator Svitzer, part of A.P. Moller-Maersk, has announced that its ‘Aim for 8’ speed initiative – which asks tug crews to navigate at a maximum speed of eight knots during mobilisation and demobilisation – has successfully prevented 1,000 tonnes of CO2 from being emitted into the atmosphere
ADNOC Drilling has inked a deal to acquire an additional premium offshore jack-up drilling rig as part of its fleet expansion programme.
Offshore Energies UK (OEUK) warns that more investment is required in oil and gas reserves to maintain production and ensure energy security.
Despite the resilience shown by Russia’s upstream sector beset with sweeping sanctions, Rystad Energy believes “the worst is yet to come.”
Cruise shipping companies are still doing far too little to protect the environment, health and the climate, a new cruise ranking of Naturschutzbund Deutschland (NABU), a German non-governmental organization dedicated to conservation, shows.
Sustainable Marine has engaged a series of Canadian specialists to further support its environmental monitoring efforts, regarded as one of the most ambitious and advanced in the tidal energy industry.
Swedish ferry company Stena Line has decreased the carbon emissions by 11% per tonne of cargo carried over each nautical mile, as well as a achieved a reduction of 4% total ship emissions compared to pre-Covid operations, the company revealed in its new sustainability report.
CorPower Ocean’s first commercial-scale C4 wave energy converter has completed a one-year on-land testing program, following a final ‘Ironman’ endurance exercise.
ABL Group has been enlisted by Centrica’s subsidiary Spirit Energy for decommissioning support on three oil and gas platforms in the UK.
EverWind Fuels and E.ON have agreed to import green ammonia at scale to Germany starting in 2025 from EverWind’s initial production facility in Point Tupper, Nova Scotia.
Germany’s Schlepp- und Fährgesellschaft Kiel (SFK) has christened its second all-electric ferry, MS Wellingdorf.
