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Regulation & Policy

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Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA
Regulation & Policy

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA

IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

about 4 years ago
shipping
Regulation & Policy

US Congress to discuss first stand-alone legislation to zero out shipping pollution

Clean Shipping Act of 2022, the first stand-alone legislation to zero out pollution from all ocean shipping companies that do business with the United States, has been introduced to the US Congress. The bill was introduced by congressman Alan Lowenthal, who represents the Port of Long Beach, and co-

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about 4 years ago
Illustaration/Morlais Demonstration Zone (Courtesy of Marine Energy Wales)
Regulation & Policy

Op-ed: Why tidal power matters

Danny Coles, Research Fellow at the University of Plymouth, discusses the importance of tidal energy for the future energy systems and how its predictable nature can compliment other renewable energy sources in the energy mix.

about 4 years ago
Two oil & gas firms close long-anticipated deal for sale of stake in field off Nigeria
Regulation & Policy

Two oil & gas firms close long-anticipated deal for sale of stake in field off Nigeria

Panoro Energy has completed the sale of its interest in the Offshore Mining Lease no. 113 (OML 113) offshore Nigeria to Oslo-listed PetroNor.

about 4 years ago
KR approves HHI’s LNG-fueled large LCO2 carrier design
Regulation & Policy

KR approves HHI’s LNG-fueled large LCO2 carrier design

South Korean classification society Korean Register (KR) has issued approval in principle (AiP) to compatriot shipbuilding company Hyundai Heavy Industries (HHI) for the concept design of a 40,000 cbm liquefied carbon dioxide (LCO2) carrier running on liquefied natural gas (LNG). As informed, KR and

about 4 years ago
Nova Innovation’s tidal energy array concept (Courtesy of Nova Innovation)
Regulation & Policy

Nova Innovation hires environmental crew for ‘The Island in the Currents’

Nova Innovation has hired a UK-based engineering and environmental consultancy RSK Group to lead the Environmental Impact Assessment (EIA) work for its Enlli tidal project in North Wales.

about 4 years ago
UK regulator to ring in the new year with new boss after current one steps down
Regulation & Policy

UK regulator to ring in the new year with new boss after current one steps down

UK’s NSTA has appointed a new Chief Executive, which will replace its current one, who is due to leave at the end of the year.

about 4 years ago
Two UK players pondering merger of asset portfolios
Regulation & Policy

Two UK oil & gas players pondering merger

Kistos is contemplating making a possible cash and share offer for Serica Energy to create a “leading independent North Sea champion.”

about 4 years ago
NYK Line’s ammonia-fueled tugboat gets green light from ClassNK
Regulation & Policy

NYK Line’s ammonia-fueled tugboat gets green light from ClassNK

Japanese shipping company NYK Line and power systems provider IHI Power Systems have obtained approval in principle (AiP) from the classification society Nippon Kaiji Kyokai (ClassNK) for an ammonia-fueled tugboat. The vessel, currently being jointly researched and developed, is said to be the world

about 4 years ago
Ofgem approves Final Needs Case for Eastern HVDC subsea links
Regulation & Policy

Ofgem approves Final Needs Case for Eastern HVDC subsea links

UK energy market regulator Ofgem has approved the Final Needs Case (FNC) for the proposed Eastern HVDC electricity transmission projects, conditional on the projects securing the necessary planning consent. National Grid Electricity Transmission (NGET), SP Transmission and Scottish Hydro Electric Tr

about 4 years ago
Shell’s subsea compression project off Norway to assist in keeping up gas supply to Europe
Regulation & Policy

Shell’s subsea compression project off Norway to assist in keeping up gas supply to Europe

Shell has received approval from Norway’s authorities for a development plan for its gas subsea compression project in the Norwegian Sea.

about 4 years ago
With all approvals in the bag, Aker BP cleared to fast-track North Sea field development
Regulation & Policy

With all approvals in the bag, Aker BP cleared to fast-track North Sea field development

Norway’s Ministry of Petroleum and Energy has approved a plan for the development and operation for Aker BP’s field in the North Sea.

about 4 years ago
Transocean rig finds no hydrocarbons for ConocoPhillips in Norwegian Sea well
Regulation & Policy

Transocean rig finds no hydrocarbons for ConocoPhillips in Norwegian Sea well

ConocoPhillips has come up dry in a wildcat well, which was drilled using a Transocean-owned rig in the Norwegian Sea near the Fenja field.

about 4 years ago
In focus: Europeans taking major hydrogen steps
Regulation & Policy

In focus: Europeans taking major hydrogen steps

The offshore energy industry made it clear long ago that hydrogen will play an important role in the efforts to reach net-zero and achieve decarbonization targets. Many steps have been taken in this direction so far, but this week hydrogen made a grand entrance with the announcement that the world w

about 4 years ago