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Regulation & Policy

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Illustration; Source: Norwegian Ministry of Energy
Regulation & Policy

Oil & gas players get their hands on CO2 storage licenses in North Sea

Three companies have confirmed the award of new CO2 storage licenses as part of the sixth call launched by Norway’s Ministry of Energy.

about 2 years ago
N05-A platform designed to be powered by offshore wind; Source: ONE-Dyas
Regulation & Policy

Court rules coast is clear for North Sea gas project: Will it be smooth sailing from here on?

Has a natural gas development in the North Sea finally managed to catch a break with calm seas and fair winds ahead or is this wishful thinking given the hard stance climate activities have taken on the project?

about 2 years ago
Pioneering Spirit (for illustration purposes); Source: Allseas
Regulation & Policy

Activists’ game plan for deep sea mining ban turns up the heat on Allseas to cease its pursuits

Allseas has been urged to abandon further technological development of giant mining machines due to the allegedly harmful consequences their use will have.

about 2 years ago
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters; Source: Aker Solutions
Regulation & Policy

Legal storm to hit Rosebank as UK’s historic ruling brings emissions from burning oil & gas into play

The ink is not even dry yet on a recent court ruling but it has sparked excitement about resuming a legal battle against Rosebank, said to be the largest undeveloped oil field in British waters.

about 2 years ago
Two out of four CO2 storage licenses awarded offshore Norway going to Equinor
Regulation & Policy

Two out of four CO2 storage licenses awarded offshore Norway going to Equinor

The Norwegian Ministry of Energy has awarded four new exploration licenses related to CO2 storage on the Norwegian Continental Shelf (NCS) to six companies as part of the sixth call for CO2 storage on the NCS. The exploration licenses are located in the North Sea, with two offered to Equinor, one to

about 2 years ago
Enova
Regulation & Policy

Fifteen green ship projects get $113.5M in Enova support

A total of fifteen green ship projects will receive NOK 1.2 billion (about $113.5 million) in support from Enova, a Norwegian government enterprise, in the latest round of the country’s investments in decarbonizing maritime transport.

about 2 years ago
Illustration; Source: ExxonMobil
Regulation & Policy

US judge dismisses ExxonMobil’s lawsuit against climate activist shareholder as moot

A federal judge has ruled that ExxonMobil no longer has a leg to stand on concerning its legal action against Arjuna Capital, given the climate activist investor’s withdrawal of emission reduction-related shareholder proposal and reassurance it will not be put forward again.

about 2 years ago
Sune Scheller, Greenpeace's Campaign Manager, participated in three of the protests covered by the lawsuit, including the action related to the SCF Baltica oil tanker on March 19, 2022; Credit: Will R
Regulation & Policy

Denmark challenges Greenpeace to a fight in court over protests hindering transit of Russian oil

Greenpeace is facing legal action in Denmark, which the Danish state set in motion in a crackdown on protests the group embarked on in 2022.

about 2 years ago
Woodfibre LNG will move its floatel workcamp from Nanaimo to Howe Sound site, and will comply with a B.C. Environmental Assessment Office order to house non-local workers on it; Source: Woodfibre LNG
Regulation & Policy

Floatel on the move to house 650-strong workforce for Canada’s $5.1 billion LNG project

A floatel will be transferred to the site of a 2.1 million-tonne-per-year LNG export project with 250,000 m3 of floating storage capacity being built in British Columbia, Canada, which is said to be the world’s first net zero LNG export facility.

about 2 years ago
FPSO Baleine; Source: Eni
Regulation & Policy

Recent discoveries fan the flames of African country’s hopes for triple oil production boost by 2027

Given its string of recent discoveries, one of the countries in West Africa, Cote d’Ivoire, is forecasting a threefold boost in its oil output over the next three years.

about 2 years ago
Investment management firm joins Greece-Cyprus-Israel interconnector, talks with other investors ongoing
Regulation & Policy

Investment management firm joins Greece-Cyprus-Israel interconnector, talks with other investors ongoing

Paris-headquartered investment management company Meridiam has entered into the shareholding structure of the company responsible for the implementation of the electric interconnection project between Greece, Cyprus, and Israel. Greek transmission system operator (TSO) Independent Power Transmission

about 2 years ago
Norway's Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
Regulation & Policy

Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure

Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project

about 2 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Regulation & Policy

Support for US LNG terminals deemed as ‘backdoor’ for more gas drilling

The support for LNG projects skyrocketed to stave off a gas crunch. Which insurance players are enabling the operation of LNG terminals in the U.S.?

about 2 years ago
Korean trio teams up with Amogy on ammonia technology for ships
Regulation & Policy

Korean trio teams up with Amogy on ammonia technology for ships

Korean Register (KR), Hanwha Ocean, Hanwha Aerospace and Amogy have signed an MoU that focuses on the technical collaboration and certification for the application of ammonia reformers and ammonia fuel cell systems to ships.

about 2 years ago
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