
On 23 May, five companies from across Asia, Europe, and North America announced their plan to join the NextGen CDR Facility as founding buyers to scale up carbon removal technologies and catalyze the market for high quality carbon removals.

Wintershall Dea has reached an agreement with OKEA to sell its stakes in three North Sea fields for €108 million.

There should be no limiting criteria for the producers and buyers of green hydrogen on the use of electricity to produce it, RWE said in a comment on a proposed delegated act in the EU which would permit only electricity from newly built, unsubsidised wind and solar energy farms to generate green hy

The projects were selected as part of a funding opportunity whose aim is to catalyze research for the coexistence of marine energy with Northeast fishing and coastal communities.

Enauta’s exclusivity deal with Karoon Energy for the sale of a partial stake in a field located off Brazil has been terminated.

Anglo-Australian mining group Rio Tinto and British energy company BP have agreed to work together on a one-year biofuel trial to help reduce carbon emissions from Rio Tinto’s marine fleet.

Qatar and Germany have agreed to further cooperate in the field of energy, specifically relating to LNG trade and hydrogen development.

Japanese shipping company NYK Line and its partners IHI Power Systems and ClassNK have signed a memorandum of understanding (MoU) with the City of Yokohama for the acceptance of an ammonia-fuelled tugboat (A-Tug) at the port of Yokohama.

Halliburton has joined forces with Aker BP to develop a next-generation intelligent system, aiming to evolve field development planning.

CeraPhi Energy has been awarded funds to carry out a decarbonisation study, aiming to repurpose offshore oil and gas wells.

European governments’ efforts to balance the security of the energy supply and climate change materialised in the form of a plan, which is expected to reduce its dependence on Russian fossil fuels and fast forward the green transition.

MOL Drybulk, a subsidiary of Mitsui O.SK. Lines (MOL), has signed a memorandum of understanding (MoU) with sustainable wood bioenergy producer Enviva to deploy an environmentally-friendly bulk carrier to reduce the greenhouse gas (GHG) emissions in the woody biomass supply chain.

PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.

In a bid to strengthen offshore exploration, Ecopetrol has joined forces with Occidental to search for hydrocarbons in four Colombian blocks.