Search results for: COP27

395 results

A list of search results

  • Danish govt bankrolls two projects for CO2 storage in North Sea

    9 December 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Infrastructure, Project & Tenders, Transition

    Denmark’s government has approved funding for two CCS projects, which will use the existing oil and gas infrastructure in the North Sea.

  • Strong incentives needed to drive shipowners to cut vessels’ overall methane emissions

    10 October 2022
    Green Marine, Regulation & Policy, Research & Development, Rules & Regulation, Transition, Vessels

    Owners of vessels burning methane-based fuels such as LNG are not likely to pursue investments in methane emission reduction technologies without strong incentives or regulatory requirements, a study from Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) says. The study provides an overview of methane emission sources and levels onboard vessels and the technologies, […]

  • Clock is ticking for the future of tidal stream energy in UK, industry warns

    23 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Innovation, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition, Vision

    Leading figures in the marine energy sector have warned that the UK’s world-leading position in tidal energy can only be maintained with ‘practical support from Government to match its undoubted goodwill’.

  • Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

    5 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

  • With energy transition off-track, IRENA calls for diverting $1 trillion of annual fossil fuel investment by 2030 to accelerate it

    28 March 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    The International Renewable Energy Agency (IRENA) has outlined the investment needs of $35 trillion by 2030 as the price for the green shift.

  • In focus: Converting jack-up rigs and combining offshore wind & hydrogen for low-carbon future

    24 September 2021
    Business & Finance, Business Developments & Projects, Equipment, Market Outlooks, Ports & Logistics, Project & Tenders, Technology, Transition, Vessels

    This week saw a plethora of energy transition-related news across the offshore energy industry with updates telling of alternative deployments for offshore drilling rigs, new projects combining offshore wind and hydrogen, the urgency to decarbonise the shipping sector, and more.

  • In focus: Window to meet 1.5°C target is closing, urgent transformation is needed now

    28 October 2022
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders, Research & Development, Technology, Transition

    As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.

  • In focus: UK gets the ball rolling on cutting emissions with net-zero strategy launch

    22 October 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Human Capital, Outlook & Strategy, Rules & Regulation, Technology, Transition

    Reports on efforts to decarbonise the oil & gas and the shipping sector continue to hit the headlines as the energy transition gathers speed.

  • In focus: Getting to net-zero emissions and low-carbon economy

    17 December 2021
    Business Developments & Projects, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Technology

    The recently held 2021 United Nations Climate Change Conference (COP26) brought to light many questions surrounding the transition to a more sustainable future, but more importantly the event showed that countries worldwide are committed to accelerate their decarbonisation plans, strengthening the emissions-reduction targets for 2030. Even more, decarbonisation has become a global imperative and a […]

  • Biden in ‘historic action’ to cut methane emissions from oil & gas operations

    3 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Rules & Regulation, Transition

    U.S. government is proposing measures to cut methane emissions resulting from oil and gas operations as part of Biden’s commitment to action on climate change.

  • Is the EU on the cusp of grabbing methane by the horns or will it let these emissions slip through the cracks?

    25 April 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The EU is preparing to cast its vote on the first methane emissions regulation, which could help lower methane in the oil and gas sector.

  • ‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac

    15 July 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.

  • Embracing sustainability, US gov’t makes ‘biggest ever’ investment in ports

    12 November 2021
    Authorities & Government, Business & Finance, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition

    The Biden-Harris Administration has passed new legislation as part of which billions of dollars will be invested in US port infrastructure and waterways.

  • IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

    21 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

  • Silverstream CEO: Air bubble tech particularly fit for LNG carriers

    8 October 2021
    Business Developments & Projects, Environment, Equipment, Infrastructure, Outlook & Strategy, Technology, Transition, Vessels

    Although compatible with all oceangoing vessel types, the air lubrication technology is especially suitable for liquefied natural gas (LNG) carriers, Noah Silberschmidt, CEO of Silverstream Technologies, revealed in an interview with Offshore Energy – Green Marine.

  • Energy transition down under and the risks of it going under

    22 April 2021
    Outlook & Strategy, Transition

    Australia, the world’s largest exporter of dry bulk commodities, is charting its path toward becoming carbon-neutral in line with the Paris Agreement goals. The country started hinting that it would join the global pledge on becoming a net-zero emitter by 2050 earlier this year, however, clear steps on how that will be achieved are still […]

  • China going carbon neutral: What will it mean for shipping?

    21 October 2020
    Authorities & Government, Business & Finance, Environment, Innovation, Outlook & Strategy, Rules & Regulation, Transition, Vision

    In September, China’s President Xi Jinping pledged before the UN General Assembly to make China carbon neutral by 2060. This is a bold goal for the world’s largest polluter at a time when the nation is planning to develop nearly 150 gigawatts worth of coal power plants. The momentum is building for the world’s players […]

  • Saudi giant’s profit skyrockets to whopping $161.1 bln with oil & gas seen as ‘essential’ in energy arsenal

    13 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Aramco has posted its highest annual profit ever as a listed company, totalling $161.1 billion, amid high demand, tight supply and elevated oil and gas prices.

  • Future of oil & gas industry hinges on cutting down emissions

    2 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?

  • In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

    14 January 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vessels

    Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, lower-carbon energy mix, paving the way towards the net-zero future.