The American natural gas production is expected to grow while the accelerated shift to low-carbon and green sources will reduce U.S. energy-related CO2 emissions through 2050.
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s
Governments must use the upcoming meeting of the Intersessional Working Group on Greenhouse Gases (ISWG-GHG-14) to support stronger science-based climate targets for 2030 and 2040 that are vital for shipping’s energy transition, according to Clean Shipping Coalition (CSC).
As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On
Equinor spent two days in court two weeks ago, tackling the court scrutiny over the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, as Ecojustice set out to overturn the government’s approval for this $12-billion project. The outcome of this chall
As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.
Wood Mackenzie believes permitting reform could be part of the solution to the strains created by rapid growth in renewables.
Exhaust gas cleaning systems, also known as scrubbers, were installed on 399 ships in 2022, marking a fall of 24% y/y, data from BIMCO shows. The systems are being installed on ships to comply with the IMO 2020 Sulphur Cap as a way of cleaning out sulphur emissions while continuing to burn less expe
Canada’s province British Columbia has a new energy action framework that is expected to cap emissions and create new opportunities for people in clean energy and technology. According to BC’s government, under this new framework, the province will require all proposed LNG facilities in or entering
A group of cross-industry experts, led by Grieg Star, has conducted a study involving the potential retrofitting of an open hatch vessel to run on green ammonia. Initial findings of the study said that elements perceived as challenges turned out not to be barriers or present major risks for moving f
While the transition to low-carbon energy is making strides, the oil majors in Europe and the U.S. have made progress at a different pace.
The U.S. Coast Guard (USCG) has performed an emergency evacuation via helicopter of a 37-year-old male worker from an oil platform located approximately 40 miles south of Port Fourchon, Louisiana.
Equinor has secured a drilling permit from Norway’s authorities for an exploration well in the Norwegian Sea, which will be drilled using one of Odfjell Drilling’s rigs.
Following the investigation report about a fatality aboard a drillship in the Gulf of Mexico, BSEE has outlined that the lack of training with hydraulic torque wrench contributed to the fatality.
