As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.
Over the course of the past year, the maritime industry has witnessed a remarkable surge in projects centered around ammonia as a sustainable ship fuel. Ammonia-powered ship types, fueled by zero-emission ambitions, have taken center stage at this year’s Gastech in Singapore, capturing the imaginati
Waleid Gamal El-Dien, Chairman of the Suez Canal Economic Zone (SCZONE), and the Dutch consortium and Rotterdam City have signed a cooperation protocol that aims to attract investments in establishing green hydrogen production plants and facilities. The parties signed the deal during El-Dien’s meeti
CalWave Power Technologies, a California-based developer of wave energy technologies, has joined the 24/7 Carbon-Free Energy Compact, a community that works to provide clean energy for all – powered by sustainable solutions.
A total of 14 companies have been awarded 21 licenses in the UK’s first-ever carbon storage licensing round – said to have the potential to store almost 10% of UK greenhouse gas emissions. The North Sea Transition Authority (NSTA) announced on 15 September that 14 companies had accepted licenses in
Rivtide Power, a subsidiary of MWNW Consulting, has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its tidal energy technology.
Denmark-headquartered power cable company NKT has received approval from the Science Based Targets initiative (SBTi) for its near-term decarbonization targets, said to represent an important step towards becoming a net-zero emissions company by 2050. NKT Cables Group commits to reducing its absolute
The European Parliament has voted to boost the deployment of renewable energy, setting the goal to increase the share of renewables in the EU’s final energy consumption to 42.5% by 2030.
Researchers at the National Renewable Energy Laboratory (NREL) have started working with four promising wave energy companies as they prepare to deploy their devices at PacWave South, a new grid-connected wave energy test site off the Oregon coast.
A new report by Robert Gordon University has found that the UK offshore energy workforce can increase by up to 50% from over 150,000 in 2023 to 225,000 by the end of the decade with new renewable jobs outnumbering oil and gas roles if a successful transition is achieved.
BP has received the green light from Britain’s government to proceed with its proposed development of an oil and gas field in the UK sector of the North Sea.
Danish company Resen Waves is looking to sell the company or patent and know-how for its wave energy technology after 12 years of development.
Major maritime industry players led by Greek shipping company Maran Gas Maritime and Swiss-based climate tech firm Daphne Technology have joined forces on a methane abatement project involving one of Angelicoussis Group’s LNG carriers, the Maran Gas Chios. Under the project, Daphne Technology’s Slip
The Government of Kenya and the African Union have proclaimed that climate change is the single greatest challenge facing humanity which demands urgent and concerted action from all nations to lower emissions and reduce the concentration of greenhouse gases in the atmosphere. During the inaugural Af
