A new video has been released by Methanol Institute (MI) and Fastwater, highlighting the benefits of methanol as a marine fuel for small craft operating in ports and inshore waters.
Afentra plc has inked a deal with Croatia’s INA-Industrija Nafte to acquire the latter’s interests in two blocks offshore Angola.
Green energy infrastructure developer Cerulean Winds has revealed it will bid for four seabed lease sites with a combined capacity of 6 GW of floating wind to decarbonise the UK’s oil and gas sector under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round. This scale w
Expleo, a global engineering, technology and consultancy service provider, has developed a closed-loop e-methanol fuel solution for shipping that is said to deliver a 92% reduction in greenhouse gas (GHG) emissions and OPEX savings of £1.4 million (around $1.6 million) a year, per vessel. The compan
The San Francisco Bay Area Water Emergency Transportation Authority (WETA), a regional public transit agency, has secured a $14.9 million grant from the California State Transportation Agency (CalSTA) to develop a high-frequency battery-electric ferry network in San Francisco. The grant will be used
Norwegian shipowning company Ocean Yield AS is buying another methanol-ready boxship newbuilding for long-term charter.
Carnival Corporation, the world’s largest cruise company, is on track to meet its sustainability targets for 2030 while increasing initiatives to support its aspirations for 2050, its sustainability report for 2021 shows.
Amid the global energy crisis, coordinated actions across the EU are essential to prevent a major gas crunch, says the IEA boss.
The U.S. Coast Guard has contained and collected over one million gallons of oil discharged from wells connected to a toppled platform.
Prysmian has received the first layer of approval of the construction permits for the development of its new subsea cable plant in Brayton Point, Massachusetts, which will service the U.S. offshore wind sector. Construction is planned to start in the summer of 2023 and to take two years. With a $200
Island Drilling has completed its work with Dana Petroleum on the UKCS and moved to its next assignment in the UK North Sea.
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss for the fiscal year 2022, compared to the same period a year earlier, recording also a slight rise in revenues for the period.
Australia Pacific LNG (APLNG), a joint venture between ConocoPhillips, Origin Energy, and Sinopec, has appointed Khoa Dao as its chief executive officer (CEO).
Shell has hired Worley to support five assets in the U.S. Gulf of Mexico (GOM) on their low-carbon journey.
