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Transition

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Abdülhamid Han drillship; Source: TPAO
Transition

Türkiye holds LNG supply talks with ExxonMobil while setting the stage to search for oil in Black Sea

Türkiye is going all out to wean itself from its dependence on foreign natural gas, as demonstrated by the ongoing LNG negotiations with ExxonMobil.

about 2 years ago
FPSO One Guyana for ExxonMobil's oil project offshore Guyana; Source: SBM Offshore
Transition

ExxonMobil and Chevron feel bite of lower gas prices but multi-billion profits still in the bag

ExxonMobil and Chevron have joined their European counterparts in posting quarterly results affected by a global plunge in gas prices.

about 2 years ago
Carnegie brings MoorPower demonstrator back to shore for maintenance
Transition

Carnegie brings MoorPower demonstrator back to shore for maintenance

Following the initial phase of operations offshore North Fremantle in Western Australia, Carnegie Clean Energy has brought its MoorPower demonstrator back to port for inspection and maintenance, with redeployment expected in several weeks. At the beginning of the year, Carnegie deployed the MoorPowe

about 2 years ago
Source: ExxonMobil Singapore
Transition

New low-carbon lab launched in Singapore to help usher in cleaner future

A new corporate lab has been established in Singapore to create solutions leading to lower carbon emissions and a more sustainable future.

about 2 years ago
Bergen Engines joins Norwegian initiative for transition to alternative marine fuels
Transition

Bergen Engines joins Norwegian initiative for transition to alternative marine fuels

Bergen Engines joined FME MarTrans, an initiative for reducing emissions and energy consumption and increasing the use of alternative fuels.

about 2 years ago
European Commission and Saudi Arabia eyeing energy cooperation
Transition

European Commission and Saudi Arabia eyeing energy cooperation

European Commission and Saudi Arabia have held talks in view of a Saudi-EU memorandum of understanding (MoU) on energy cooperation.

about 2 years ago
Illustration; Credit: Taylor Ken/TotalEnergies
Transition

Dip in gas prices takes its toll on profit but multi-energy recipe still comes through for TotalEnergies

TotalEnergies has set its cap on pursuing a balancing act between hydrocarbons and low-carbon and green sources of supply, which cushioned the fall in profit due to the downward trend in gas prices.

about 2 years ago
Illustration; Source: Bureau of Safety and Environmental Enforcement (BSEE)
Transition

Activists go toe to toe with Big Oil in court to challenge Trump-era Gulf of Mexico drilling allowance

Earthjustice, a nonprofit environmental law organization, is preparing once again to fight tooth and nail to overthrow a Trump-era allowance in court.

about 2 years ago
Höegh Autoliners
Transition

Höegh Autoliners doubles biofuel use in 2023

Norway-based shipping company Höegh Autoliners has doubled its biofuel usage from 2022 to 2023 in response to growing demand for green transportation.

about 2 years ago
Gorgon project; Source: Chevron
Transition

Tokyo Gas sells interests in four Australian LNG projects to make room for further energy transition investments

Tokyo Gas has sold minority interests in four LNG projects offshore Australia, with law firm Norton Rose Fulbright acting as legal counsel.

about 2 years ago
Rendering of proposed SPOT fixed-platform; Source: Enterprise Partners
Transition

‘Largest’ oil export project in US waters greenlighted: Smooth sailing or more legal action on the horizon?

A deepwater port license has been issued for a project that is said to be the largest oil export project in U.S. history.

about 2 years ago
Johan Sverdrup; Credit: Arne Reidar Mortensen/Equinor
Transition

Oil & gas production on the rise but Equinor’s profit plummets as energy prices go down

Equinor’s net profit in 1Q 2024 has dropped by 46% compared to the figure recorded in 1Q 2023 amid a downturn in oil and gas prices.

about 2 years ago
CMA CGM
Transition

CMA CGM and Bpifrance launch €200M fund to decarbonize French maritime sector

France-based shipping major CMA CGM and public sector investment bank Bpifrance have launched a €200 million fund dedicated to accelerating the energy transition in the French maritime industry.

about 2 years ago
EU flag; Courtesy of the European Commission; Credit: Mauro Bottaro
Transition

EU takes another step toward the exit out of ‘fossil dinosaur treaty’ to safeguard green aspirations

The EU is one step closer to pulling out of the Energy Charter Treaty (ECT), as there is no end in sight for the stalemate over revamping its terms.

about 2 years ago
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