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Regulation & Policy

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NFE receives Mexico export permit for its Altamira Fast LNG project
Regulation & Policy

NFE receives Mexico export permit for its Altamira Fast LNG project

US energy company New Fortress Energy (NFE) has received an export permit for its Altamira Fast LNG facility from Mexico’s Ministry of Energy (SENER). Under the permit, NFE said it is authorised to export up to 7.8 million metric tonnes through April, 2028, providing ample capacity to support the op

about 3 years ago
Safe Bulkers
Regulation & Policy

INTERCARGO warns against regulating shipping in isolation

As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t

about 3 years ago
Congo and Technip Energies ink energy cooperation agreement
Regulation & Policy

Congo and Technip Energies ink energy cooperation agreement

Congo’s Ministry of Hydrocarbons and Technip Energies, an engineering and technology company, have signed an agreement on cooperation in the fields of offshore and onshore energy developments. As per the terms of the agreement, Technip Energies is expected to provide its expertise to strengthen both

about 3 years ago
Capacity of UK-France interconnector reduced by 150 MW
Regulation & Policy

Capacity of planned UK-France interconnector reduced to 1,250 MW

Developers of the FAB interconnector that will link Great Britain and France are planning to submit an updated planning application regarding the project’s converter station in the UK. FAB Link Limited and Réseau de Transport d’Électricité (RTE) have amended the design of the project from a capacity

about 3 years ago
Denmark and Germany sign Bornholm Energy Island agreement, first legally binding cooperation on joint offshore renewable energy project in EU
Regulation & Policy

Denmark and Germany sign Bornholm Energy Island agreement, first legally binding cooperation on joint offshore renewable energy project in EU

German Federal Minister for Economic Affairs and Climate Action, Robert Habeck, and Danish Minister for Climate, Energy and Utilities, Lars Aagaard, have signed an agreement for the Bornholm Energy Island in the Baltic Sea. This is the first legally binding cooperation agreement in Europe on a joint

about 3 years ago
Schematic diagram of possible CCS systems showing the sources for which CCS might be relevant, transport of CO2 and storage options; Courtesy of CO2CRC
Regulation & Policy

Carbon capture and storage projects and U.S. debt ceiling deal come under fire

Earthjustice sees CCS as a lifeline that the fossil fuels industry can grab to extend the oil and gas industry’s reign on the energy throne.

about 3 years ago
Timor-Leste regional map; Source: Baron Oil
Regulation & Policy

As farm-out talks continue, UK player gets short-term extension for gas asset off Timor-Leste

Baron Oil has been granted a short-term extension to take care of the required preparations prior to entering the drilling phase of a PSC.

about 3 years ago
Ireland and Germany formalise cooperation on green hydrogen
Regulation & Policy

Ireland and Germany formalise cooperation on green hydrogen

The Irish Department of the Environment, Climate and Communications and the German Federal Research Ministry have signed a Joint Declaration of Intent (JDoI) on cooperation in the field of green hydrogen. The Irish Department said that realising the full potential of offshore renewable energy resour

about 3 years ago
New development plan for reservoir off Cyprus includes 'change to fundamental project concept'
Regulation & Policy

New development plan for reservoir off Cyprus includes ‘change to fundamental project concept’

The partners behind the Aphrodite Reservoir in Cyprus have submitted an updated plan for the development of the project to the country’s government, said to include a change to the fundamental project concept of the approved development and production plan. Chevron Cyprus, BG Cyprus, part of Shell,

about 3 years ago
Aker Horizons nets $12 million in funding for Rjukan green hydrogen project
Regulation & Policy

Aker Horizons nets $12 million in funding for Rjukan green hydrogen project

Green energy developer Aker Horizons ASA has announced that Aker Horizons Asset Development, its wholly-owned asset development arm dedicated to hydrogen projects, has been awarded up to NOK 135 million ($12.2 million) in grants and loans from Innovation Norway for the green hydrogen production faci

about 3 years ago
Deepsea Stavanger rig; Source: Odfjell Drilling
Regulation & Policy

Equinor comes up empty in North Sea well

Equinor has completed the drilling of an exploration well near the Troll field in the Norwegian North Sea but failed to find hydrocarbons.

about 3 years ago
ammonia powered engine
Regulation & Policy

MAN ES ignites excitement: Single-cylinder test of long-awaited ammonia engine about to kick off

German engine manufacturer MAN Energy Solutions says its long-awaited engine is ready to burn ammonia on a single cylinder.

about 3 years ago
Straatman adds mooring system to FSRU Toscana
Regulation & Policy

OLT Offshore LNG Toscana sees increase in regasification capacity

Italian OLT Offshore LNG Toscana has received authorisation to increase its annual regasification capacity from the current 3.75 billion to about 5 billion standard cubic meters per year. OLT said the capacity increase does not involve plant modifications, but a greater utilisation of the existing p

about 3 years ago
Lloyd’s Register IECRE feasibility statement for Flex Marine Power’s tidal energy device (Courtesy of Lloyd’s Register)
Regulation & Policy

Lloyd’s Register issues world’s first IECRE feasibility statement for tidal energy device

Scottish company Flex Marine Power has been awarded the world’s first IECRE feasibility statement by Lloyd’s Register for its SwimmerTurbine SW2 tidal energy converter.

about 3 years ago
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