The latest advances in battery technologies have the potential to not only support direct electrification and the integration of alternative fuels but also offer pathways to enhance operational efficiency and reduce fuel costs, according to the latest analysis from classification society American Bu
UK energy market regulator Ofgem has revoked the license for a planned UK-Netherlands electricity interconnector in response to the developer’s request, submitted after not securing a cap and floor license. A gas interconnector license was granted to NU-Link Interconnector UK Ltd in February 2023, a
Around one month after reaching financial close, the developer of the 1.5 GW Marinus Link power interconnector project in Australia has issued notices to proceed to contractors for cable and converters. The 345-kilometer project, to be built in two 750 MW stages, will link North West Tasmania and th
As the UK’s offshore oil and gas industry faces a critical juncture in its emissions reduction pursuit, Great Britain’s regulator, the North Sea Transition Authority (NSTA), has pushed for a boost in investment to meet net zero aspirations, as current efforts fall short of long-term decarbonization
Iceland’s Carbon Recycling International (CRI) has signed a strategic cooperation agreement with China’s Jilin Huajin Energy for the Yushu green methanol project located near Changchun City in Jilin Province, Northeast China.
Italian cabling company Prysmian Group has signed a Memorandum of Understanding (MoU) with Singapore’s state-owned energy giant Sembcorp Industries and Italy’s export credit agency and insurance and finance group SACE, controlled directly by the Ministry of the Economy and Finance, to explore opport
German Federal Institute for Materials Research and Testing (BAM) and the Korea Institute of Civil Engineering and Building Technology (KICT) have signed a memorandum of understanding (MoU) to expand their cooperation in the field of hydrogen safety.
Hydrogen Europe Research (HER) and the Clean Hydrogen Mission (CHM) have signed a memorandum of understanding (MoU) in Busan, South Korea, intending to speed up the development and uptake of integrated clean hydrogen value chains across developed and developing regions.
A new project has been launched in Wales to explore combining floating wind turbines, equipped with electrolyzers that produce green hydrogen, and wave energy devices to drive wave energy deployment off the coast of Pembrokeshire and lower its cost by sharing infrastructure. The Milford Haven: Hydro
Siemens Energy and Techint E&C have been selected to carry out FEED for a 210 MW electrolysis plant that will form part of the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.
As the global energy security mission continues to keep oil and gas in high demand, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has emphasized that the Norwegian Continental Shelf (NCS) will yield more hydrocarbons in the upcoming years.
With data showing the availability of proven reserves for only 14 years of current production, Rystad Energy, an energy market intelligence group, has pointed out that in a scenario where oil demand is on the rise, supply may struggle even with high prices, but if the energy transition gets a boost,
Furetank has launched a new company for trading emission reductions under the FuelEU Maritime regulation and signed an agreement securing all the biogas required to operate its wholly and partly owned gas-propelled vessels trading in the EU during 2025.
South Korean clean fuel and renewable energy production company Biofriends and compatriot K-biogas manufacturer Cheongmyeong have penned a memorandum of understanding (MoU) to construct the nation’s ‘first’ commercial-scale biogas-based methanol production plant. The deal, which was signed on August
