The mega-merger between the South Korean shipbuilding giants Hyundai Heavy Industries Group and Daewoo Shipbuilding and Marine Engineering will receive regulatory approval once there are assurances that the competition on the market would not be distorted. In practice this means that HHI Group would
India Prime Minister Narendra Modi reaffirms India’s goal to promote LNG as fuel and says India is on track to reach its Paris Agreement climate targets well before 2030.
Scottish marine energy specialist QED Naval has secured over £1 million in a crowdfunding campaign on Seedrs platform.
Swedish tanker shipping company Stena Bulk has unveiled a new concept hybrid bulk carrier design in an effort to push the shipping industry’s boundaries for zero-carbon, multimodal vessel design.
Eleven states from across the globe are partnering in the International Maritime Organization (IMO)-Norway GreenVoyage2050 project, which is supporting the path to decarbonization in the shipping sector.
Dutch shipbuilder Damen Shipyards Group revealed plans to launch a specialised financial services division, starting from 1 April 2021.
Irish hydrokinetic turbine developer GKinetic Energy has been granted patent protection for its technology in Canada.
Four companies specializing in digitalization, energy efficiency and zero-emission solutions have joined forces in a new group under the name HAV Group ASA, Norwegian shipbuilder Havyard said.
US-based tidal energy developer Verdant Power has appointed a new chairman and four additional members to its board of directors as the company focuses on global commercialization.
The Papua New Guinea-focused oil and gas producer and PNG LNG stakeholder, Oil Search named Peter Fredricson as its new chief financial officer (CFO) effective 23 March 2021.
A new wood-chip carrier for Japanese paper milling company Hokuetsu Corporation was delivered at Oshima Shipbuilding Co., Ltd. in Saikai city, Nagasaki, Japan, on 2 March 2021.
U.S. alternative fuels supplier Clean Energy Fuels and European oil and gas producer Total signed a new joint venture for renewable natural gas production and downstream fueling infrastructure.
Oil major Shell has made changes in its UK senior leadership as part of a global overhaul to cut costs and shift away from oil and gas to renewable power.
OPEC and allies on Thursday decided to extend oil production cuts into April 2021, while offering small exemptions to Russia and Kazakhstan.
