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Transition

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European Commission
Transition

Funding for EU’s second hydrogen auction increases to around €2 billion

Spain, Lithuania and Austria will participate in the ‘Auctions-as-a-Service’ scheme as part of the second European Hydrogen Bank auction, which will be launched on December 3, 2024.

about 1 year ago
António Guterres, UN Secretary-General, delivers remarks at the opening of the World Leaders Climate Action Summit at COP29 in Baku, Azerbaijan; Credit: UNFCCC/Kiara Worth
Transition

COP29’s trillion-dollar net zero battle: Needs, wants, and reality of global energy scene run by oil & gas

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Many proponents of taking a stronger stance on global climate action are hoping for a pivotal shift in the final text of the 29th Conference of the Parties (COP29), which will turn the tide once and for all in favor of renewables by unlocking trillions required to pay the net zero bill while pulling

16 minutes read
Panama Canal
Transition

Panama Canal set to diversify operations to bolster ‘climate neutrality’ targets

In his keynote address at a recently held maritime conference in Houston, Texas, Panama Canal administrator Ricaurte Vásquez shared details of a plan to evaluate alternative initiatives to expand the canal’s operations and support Panama’s role as an “integral” shipping hub. Vásquez revealed that an

about 1 year ago
European JV getting ready for installation of subsea cables for two Senegalese links (Photos)
Transition

European JV getting ready for installation of subsea cables for two Senegalese links (Photos)

A joint venture of UK’s Enshore Subsea and Belgian Herbosch-Kiere has made progress in preparation for the installation of subsea power cables for two links that are part of a program that aims to revolutionize Senegal’s power infrastructure and provide sustainable electricity to millions of people.

about 1 year ago
Large-scale LNG plant within Sakhalin II project; Source: Gazprom
Transition

Russian gas and LNG play ‘major’ part in global energy security, Gazprom says

Russia’s giant Gazprom has highlighted the contributions its gas is making to oil the wheels of global energy security while discussing the size of the hand its gas and liquefied natural gas (LNG) supplies have in the worldwide energy mix.

about 1 year ago
Green light from Ofgem for 2 GW subsea electricity superhighway
Transition

Green light from Ofgem for 2 GW subsea electricity superhighway

UK energy market regulator Ofgem has greenlit the Eastern Green Link 1 (EGL1) electricity superhighway by awarding a £2 billion funding package for the construction of the project. The 2 GW EGL1 HVDC multi-directional cable is being developed by National Grid Electricity Transmission (NGET) and SP T

about 1 year ago
port
Transition

ZEMBA’s upcoming tender zeroes in on first commercial e-fuels deployment

Zero Emission Maritime Buyers Alliance (ZEMBA) has set sights on catalyzing the first commercial deployment of e-fuels in the maritime sector through its next tender, set to be launched in January 2025, enabling its members to abate around 470,000 metric tonnes of greenhouse gas (GHG) emissions. On

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Transition

SBM Offshore’s FPSO trio nearing finish line for first oil next year as ExxonMobil sets its cap on buying another Guyanese unit

SBM Offshore is putting the finishing touches in place to make three of its floating production, storage, and offloading (FPSO) vessels ready to start their assignments next year. Two of these will be deployed at oil fields offshore Brazil while one is destined for ExxonMobil’s project off the coast

about 1 year ago
DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)
Transition

DeepOcean’s inaugural USV taking shape at Spanish shipyard (Photos)

An advanced unmanned surface vessel (USV) being built in Spain for DeepOcean and its partners has started taking shape at GONDAN Shipbuilders. GONDAN Shipbuilders started the construction of the USV Challenger in March, following the order from USV A/S, a joint venture of DeepOcean, Solstad Offshore

about 1 year ago
Hamburg Green Hydrogen Hub project moves forward
Transition

Hamburg Green Hydrogen Hub project moves forward

The dismantling of the Moorburg power plant site in Hamburg, Germany, is progressing rapidly, according to the Port of Hamburg, creating a space for the construction of a green hydrogen hub.

about 1 year ago
US targets viable climate solutions with launch of strategy for marine CO2 removal research
Transition

US targets viable climate solutions with launch of strategy for marine CO2 removal research

The U.S. White House and the National Oceanic and Atmospheric Administration (NOAA) have released a national strategy for marine carbon dioxide removal (mCDR) research, which outlines how research could be safely and effectively accelerated, helping determine if emerging approaches are viable climat

about 1 year ago
ECA
Transition

Is North Atlantic the next emission control area for shipping?

Nature And Biodiversity Conservation Union (NABU), Germany’s ‘oldest and largest’ environmental association, is urging the International Maritime Organization (IMO) to establish an emission control area in the North Atlantic.

about 1 year ago
Bay du Nord FPSO development concept; Source: Equinor
Transition

Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?

Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider climate plan will limit pollution, drive innovation, and create jobs. However, those

24 minutes read
French energy company to work on e-methanol project on Haropa Port site
Transition

French energy company to work on e-methanol project on Haropa Port site

As part of the ‘West A29’ call for projects, French renewable energy company Qair has been awarded a parcel on the Haropa Port site, in Le Havre, to develop its e-methanol production project Methavert.

about 1 year ago