Shell has unveiled plans to spend around $40 billion in its Integrated Gas and Upstream businesses, as it believes that oil and gas will remain important players on the energy stage.
The International Energy Agency (IEA) believes that growth in global oil demand is projected to slow down to a crawl by 2028.
Hitachi Energy has secured a contract with Spanish and French electricity transmission operators to supply HVDC converter stations for the first subsea electricity interconnection between France and Spain. The contract for the Biscay Gulf interconnection has been awarded by Electricity Interconnecti
SolarDuck has signed a letter of intent with subsidiaries of Tenaga Nasional Berhad (TNB), the largest utility in Malyasia, to develop a 780kW offshore floating solar plant off the coast of Tioaman island.
European short-sea player Wilson ASA has signed a contract for the construction of six 3,800 dwt future-proof bulkers. Under the contract, Wilson has options for eight more diesel-electric cargo vessels, totaling the order to 14 vessels. India’s shipbuilder Cochin Shipbuilding confirmed that it has
Australian Provaris Energy, former Global Energy Ventures (GEV), has launched the development of a large-scale production plant for green hydrogen at Ørskog in Ålesund municipality, Norway. The company has announced the development of the project in collaboration with Norwegian Hydrogen, stating it
The lifetime fuel costs of meeting key European decarbonisation targets for shipping through the LNG pathway are expected to be roughly half that of the methanol or ammonia pathways, according to the findings of a new analysis from the SEA-LNG coalition. The multi-sector coalition promotes the comme
The Ports of Stockholm and the Freeport of Riga Authority have signed a Memorandum of Understanding (MoU) to work on a joint application for EU funding to reduce the impact of port activities on the environment. The partnership aims to enable further development of passenger terminals in the two cap
Large energy consumers, renewable energy producers and other members of the energy industry and its supply chain have in a joint letter urged for the faster final adoption of the revised EU’s Renewable Energy Directive.
Toxic air pollutants from cruise ships around ports are higher than pre-pandemic levels, leading to increased air pollution in Europe’s port cities, a new Transport & Environment study shows. The study indicates that despite introducing the UN shipping body’s sulphur cap in 2020, Europe’s 218 cruise
Shell has decided to step up its decarbonisation efforts by boosting its low-carbon energy solutions business with investments of $10-15 bln.
Classification society DNV has verified the safety of all aspects of Project Greensand’s CO2 storage in the North Sea. Project Greensand includes capturing CO2 at an INEOS Oxide site in Zwijndrecht, Belgium, which is transported cross-border and stored in the Nini field in the Danish North Sea. The
CSSC Power Co., a wholly-owned subsidiary of the China State Shipbuilding Corporation (CSSC), and the world’s largest chemical producer BASF have teamed up on expediting the progress of onboard carbon capture (CO2 capture) systems for commercial maritime applications. The partnership is expected to
Norwegian wave energy company Havkraft and Indian independent power producer Opera Energy have entered into strategic agreement to investigate the potential for the deployment of wave energy farms across various sites in India.
