Australian oil exploration company Carnarvon Petroleum has decided to become a net-zero emissions energy business by 2050 if not earlier.
Following an undercover reporter filming a lobbyist for ExxonMobil stating that the company’s climate policy was just a PR stunt, the chief executive officer (CEO) of ExxonMobil issued a statement refuting those claims.
One of the largest funding programmes of the European Union, launched to accelerate the economic recovery following the coronavirus pandemic, has provided a substantial subsidy for the development of an offshore floating solar farm off the coast of The Hague in the Netherlands.
Oilfield services major Baker Hughes has announced the release of its 2020 Report on Corporate Responsibility which outlines its corporate strategy for a sustainable energy future.
World’s largest cruise company Carnival Corporation has announced its initial set of 2030 sustainability goals, with the achievement of 2020 sustainability goals a year ahead of schedule.
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has decided to form a global research and development (R&D) alliance focused on the development of innovative shipbuilding technologies.
EU-backed Tidal Stream Industry Energiser Project (TIGER) is seeking industry feedback to evaluate how tidal energy sector could transition from manufacturing single prototype devices to tens or hundreds of commercial devices per year.
Giant oilfield services provider Schlumberger is the next company in line to commit to achieving net-zero greenhouse gas (GHG) emissions by 2050.
Ocean Energy Europe has presented the European Commission with a study that outlines the financial, technical and regulatory aspects of 17 wave and tidal projects that could hit the waters by the end of 2025, with recommendations for action at the EU level to ensure their delivery.
Japan’s Kawasaki Heavy Industries has decided to issue its first sustainability-linked bond amounting to JPY 10 billion ($90.8 million).
Japanese shipping heavyweight Mitsui O.S.K. Lines (MOL) aims to deploy net-zero emissions ocean-going vessels in the 2020s in line with its environmental vision of achieving net-zero GHG emissions by 2050. Under its revised vision, released earlier today, the company has set sights on reducing GHG e
Neoline, a French shipowner offering carbon-free shipping services, has signed a letter of intent (LOI) with compatriot company Neopolia Mobility for the construction of Neoline’s first 136-meter sailing cargo ship.
With the annual general meeting season now behind us, many oil majors have felt the heat from investors – most prominently BlackRock – or courts to put more effort into accelerating climate action.
The construction has commenced on the world’s first fully electric passenger fast ferry at the Fjellstrand shipyard in Norway, partners in the EU-funded TrAM project said.
