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Transition

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WoodMac: E-fuels can offer solution to power critical transportation segments
Transition

WoodMac: E-fuels can offer solution to power critical transportation segments

E-fuels can offer a solution to power critical segments of transportation such as ships, long-haul aircraft and heavy-duty commercial vehicles, but the journey needs to start now, a Wood Mackenzie (WoodMac) report said.

about 2 years ago
Two out of four CO2 storage licenses awarded offshore Norway going to Equinor
Transition

Two out of four CO2 storage licenses awarded offshore Norway going to Equinor

The Norwegian Ministry of Energy has awarded four new exploration licenses related to CO2 storage on the Norwegian Continental Shelf (NCS) to six companies as part of the sixth call for CO2 storage on the NCS. The exploration licenses are located in the North Sea, with two offered to Equinor, one to

about 2 years ago
FPSO Energean Power works at the Karish field offshore Israel; Source: Energean
Transition

Energean bids farewell to Egypt, Italy, and Croatia as assets fetch $945 million

Energean has set the divestment of its portfolio in Egypt, Italy, and Croatia in motion for an enterprise value (EV) of up to $945 million.

about 2 years ago
Enova
Transition

Fifteen green ship projects get $113.5M in Enova support

A total of fifteen green ship projects will receive NOK 1.2 billion (about $113.5 million) in support from Enova, a Norwegian government enterprise, in the latest round of the country’s investments in decarbonizing maritime transport.

about 2 years ago
Illustration; Source: ExxonMobil
Transition

US judge dismisses ExxonMobil’s lawsuit against climate activist shareholder as moot

A federal judge has ruled that ExxonMobil no longer has a leg to stand on concerning its legal action against Arjuna Capital, given the climate activist investor’s withdrawal of emission reduction-related shareholder proposal and reassurance it will not be put forward again.

about 2 years ago
Sune Scheller, Greenpeace's Campaign Manager, participated in three of the protests covered by the lawsuit, including the action related to the SCF Baltica oil tanker on March 19, 2022; Credit: Will R
Transition

Denmark challenges Greenpeace to a fight in court over protests hindering transit of Russian oil

Greenpeace is facing legal action in Denmark, which the Danish state set in motion in a crackdown on protests the group embarked on in 2022.

about 2 years ago
FPSO Baleine; Source: Eni
Transition

Recent discoveries fan the flames of African country’s hopes for triple oil production boost by 2027

Given its string of recent discoveries, one of the countries in West Africa, Cote d’Ivoire, is forecasting a threefold boost in its oil output over the next three years.

about 2 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Transition

Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
Transition

Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Illustration; Source: Pavilion Energy
Transition

Shell broadens its LNG horizons by taking over Singapore player active in Europe and Asia

Shell has set the wheels in motion to scale up its LNG portfolio with the acquisition of Singapore-based Pavilion Energy.

about 2 years ago
Norway's Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
Transition

Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure

Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project

about 2 years ago
Illustration; Source: DNV
Transition

DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations

A new survey from DNV pinpoints the cost of the energy transition as the biggest barrier to meeting the net zero targets.

about 2 years ago
Illustration; Source: AG&P LNG
Transition

Global LNG markets facing oversupply while key importing regions work on curbing demand

The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

about 2 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Transition

Support for US LNG terminals deemed as ‘backdoor’ for more gas drilling

The support for LNG projects skyrocketed to stave off a gas crunch. Which insurance players are enabling the operation of LNG terminals in the U.S.?

about 2 years ago
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