Aker Carbon Capture, Danish offshore wind giant Ørsted, and global technology colossus Microsoft teamed up in a project to capture emissions from biomass power plants and store them using the Northern Lights project.
The Covid-19 pandemic not only devastated oil demand in 2020 but also forced the global oil and gas industry to severely downsize its staffing levels.
Lloyd’s Register (LR) has awarded an Approval in Principle to Exmar’s ammonia fuelled 40,000 m3 midsize gas carrier (MGC). The vessel was designed by China-based Jiangnan Shipyard while Wärtsilä Gas Solutions provided all input for the ammonia fuel gas supply system. The evaluation included an overa
Malaysia’s LNG giant Petronas signed two Memoranda of Understanding (MoU) with United Arab Emirates-based Abu Dhabi National Oil Company (ADNOC) and Masdar for collaboration across the energy value chain.
Maine ferry operator Casco Bay Lines has selected integrated hybrid-electric power and propulsion solution from technology company ABB for its new vessel.
Impala Terminals, a joint venture firm between Trafigura and IFM Investors, has started its certified carbon neutral freight service. The company said the service gives customers visibility into the indirect greenhouse gas (GHG) emissions generated by the transportation of their shipments of non fer
Chevron has reaffirmed its lower budget plans, doubled the savings from the takeover of Noble Energy, and set new goals for reducing carbon emissions.
Maersk Training has launched the first half of its refurbished Aberdeen safety and survival centre which has undergone a refurbishment.
Deltamarin, in partnership with Cargill and BAR Technologies, has launched a virtual showroom of their WindWings technology. WindWings is a wind propulsion system designed to harvest wind energy, and it has the potential to reduce a vessel’s CO2 emissions by up to 30%, according to its developers. T
Italian oil and gas company Eni is looking to spin off a new combined retail and renewable energy business next year and sell a minority stake to further fund its energy transition plans.
South Florida-based ocean energy company OceanBased Perpetual Energy has signed a four-year contract to produce commercial-grade green hydrogen for South Carolina engineering firm Summit Worx. OceanBased will produce hydrogen using electrolysis powered solely by electricity generated from the perpet
Japanese shipping major K Line is launching a new department focusing on businesses and projects for carbon neutrality including renewable energy effective on April 1st, 2021. The new unit is being set up as the demand for decarbonization in the sector continues to grow, putting a major pressure on
Cyprus, Israel and Greece on Monday signed a memorandum of understanding on cooperation in relation to the EuroAsia Interconnector project. The EuroAsia Interconnector is a multi-terminal VSC-HVDC scheme which will connect Israel, Cyprus and Greece (Crete), and will comprise converter stations with
Oslo-listed seismic player TGS has appointed Jan Schoolmeesters as head of New Energy Solutions (NES) business unit, established to pursue opportunities related to the energy transition. In February this year, TGS launched New Energy Solutions (NES). In a statement back then, the company said it aim
