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Regulation & Policy

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Illustration/Orbital Marine Power's 2MW tidal energy deployed offshore Scotland (Courtesy of Orbital Marine Power)
Regulation & Policy

UK’s environmental committee calls for more tidal energy to ensure long-term energy security

In its latest report, the Environmental Audit Committee of the United Kingdom has called for a greater strategic focus on tidal energy, highlighting its potential to contribute to the UK’s energy security in the long term.

about 3 years ago
Norway to keep boosting Europe’s energy security with high gas exports in 2023
Regulation & Policy

Norway to keep boosting Europe’s energy security with high gas exports in 2023

Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.

about 3 years ago
Neptune tasked with addressing nonconformities at North Sea oil & gas asset
Regulation & Policy

Neptune tasked with addressing nonconformity at North Sea oil & gas asset

Norway’s regulator has carried out an audit of Neptune’s management of major accident risk and barriers at a gas & oil asset in the North Sea.

about 3 years ago
Bulgaria and Turkey pen LNG terminals and gas transmission network deal
Regulation & Policy

Bulgaria and Turkey pen LNG terminals and gas transmission network deal

Bulgaria’s state gas company Bulgargaz and Turkish gas transmission company BOTAŞ have signed a 13-year agreement that grants Bulgargaz access to the gas transmission infrastructure of BOTAŞ as well as the use of five Turkish LNG terminals. The agreement is estimated to enable 1.5 billion cubic metr

about 3 years ago
President & CEO Takeshi Hashimoto
Regulation & Policy

MOL CEO: We will transport LNG from Russia as long as we can

Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain prices, global inflation,

about 3 years ago
Shipping
Regulation & Policy

Israel to implement 0.10 pct sulphur cap in ports

Vessels calling at Israeli ports will need to burn marine fuels with a 0.10% maximum sulphur content under new regulations taking effect in February 2023, the North Club informed. As informed, the Israeli government is enacting new regulations that will put in place measures similar to the EU direct

about 3 years ago
Norway strengthening follow-up of serious oil & gas incidents to prevent reoccurrence
Regulation & Policy

Norway strengthening follow-up of serious oil & gas incidents to prevent reoccurrence

Norwegian regulator is set on to reinforcing and developing improved measures for the follow-up of serious petroleum-sector incidents.

about 3 years ago
NYK Line and partners obtain ClassNK’s AiP for ammonia FSRB
Regulation & Policy

NYK Line and partners obtain ClassNK’s AiP for ammonia FSRB

Japanese shipping major NYK Line and its partners Nihon Shipyard (NSY) and IHI Corporation (IHI) have received Approval in Principle (AiP) from the classification society ClassNK for an ammonia floating storage and regasification barge (A-FSRB). The companies and ClassNK, which was in charge of the

about 3 years ago
After current CEO steps down, interim one taking the reins at Petrobras
Regulation & Policy

After CEO steps down, interim one taking the reins at Petrobras

Petrobras has named an interim CEO, who will be at the helm until the election and inauguration of a new one.

about 3 years ago
Greenlight for Equinor to undertake ops in North Sea with COSL Drilling’s rig
Regulation & Policy

Green light for Equinor to undertake ops in North Sea with COSL Drilling’s rig

Norwegian offshore safety regulator has given Equinor its consent to use a COSL Drilling-owned rig for drilling at a field in the North Sea.

about 3 years ago
Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’
Regulation & Policy

Alaska’s latest lease sale shows ‘demand for Cook Inlet natural gas remains high’

Oil & gas lease sales, held for acreage in Cook Inlet off Alaska, were welcomed by the government but came under fire from environmentalists.

about 3 years ago
China Shipping Line
Regulation & Policy

China Shipowners’ Association joins ICS

China Shipowners’ Association (CSA) has become a full member of the International Chamber of Shipping (ICS) from 1 January 2023. The CSA will join the ICS Board, which oversees the policy positions ICS presents on behalf of shipowners worldwide with the shipping industry’s global regulators, includi

about 3 years ago
Shell and APA among winners for deepwater oil & gas exploration blocks off Uruguay
Regulation & Policy

Shell and APA among winners for deepwater oil & gas exploration blocks off Uruguay

Uruguay’s state-owned oil and gas company ANCAP has awarded two offshore blocks in the second instance of the 2022 Open Bidding Round.

about 3 years ago
The deployment of Crestwing's Tordenskiold wave energy prototype (Courtesy of Crestwing)
Regulation & Policy

Danish renewable energy company welcomes new year on the crest of a wave

Danish company Crestwing has entered the new year with significant funding support secured from both government and private entities that will be used to further advance its wave energy technology and bring it to market-ready stage.

about 3 years ago
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