9041 results found for 'race bank'

9041 results found for 'race bank'
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  • German shipowners: National interests should not hamper free global trade flows

    13 March 2025
    Authorities & Government, Market Outlooks, Outlook & Strategy, Regulation & Policy

    Increasing protectionist tendencies in global trade policy present challenges for German shipping, according to the German Shipowners’ Association (VDR) which warned that national interests must not come at the expense of free global trade flows.

  • Investment and infrastructure gaps threaten EU’s shipping decarbonization ambition

    20 February 2025
    Outlook & Strategy, Transition

    For Europe to meet its decarbonization objectives, a ‘robust’ supply chain for renewable and low-carbon fuels must be built on the continent, Clean Maritime Fuels Platform, an industry initiative that aims to improve communication between the shipping sector and fuel producers, has shared. As explained, smooth access to sustainable marine fuels is a top priority […]

  • Retrofit methanol storage solution from SRC Group wins RINA’s nod of approval

    28 March 2025
    Certification & Classification, Regulation & Policy, Storage, Technology

    UK-based marine and offshore solutions provider SRC Group’s retrofit methanol storage technology has received the go-ahead via an approval in principle (AiP) from Italy-based classification society RINA. As disclosed, the approval in principle took account of the International Maritime Organization’s (IMO) interim safety guidelines as well as amendments to the International Code of Safety for […]

  • Shell’s deepwater project offshore Brazil is a go with first Gato do Mato gas due in 2029

    21 March 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Shell has taken a final investment decision (FID) for its deepwater development project in the pre-salt area of the Santos Basin off the coast of Brazil.

  • EU targets 189 additional ships in ‘largest’ single G7 action against Russia’s shadow fleet

    20 May 2025
    Authorities & Government, Infrastructure, Regulation & Policy, Vessels

    The European Council has adopted the 17th Russia sanctions package including almost 200 shadow fleet vessels and a Russian oil giant.

  • ECSA: EU maritime strategy must bridge innovation gap, not build barriers

    19 May 2025
    Authorities & Government, Environment, Transition

    ECSA European Shipowners has received with open arms the adoption of the Szczecin Declaration on the EU Industrial Maritime Strategy, hailing it as a “strong and clear” signal that protectionism has no right to a seat at the maritime table. At a time of increasing protectionism across the globe, ECSA believes that the declaration underscores […]

  • Day of the Seafarer: The unseen struggles of workers on the frontline of change

    25 June 2025
    Environment, Human Capital, Regulation & Policy, Safety, Transition

    Observed annually on June 25, the Day of the Seafarer brings the spotlight to those who keep global trade moving—quietly stitching the seams of the world’s economy from one port to the next—often under immense strain and with little recognition. This year’s campaign, “My Harassment-free ship”, led by the International Maritime Organization (IMO), underlines another […]

  • Go-ahead for another chapter of North Sea oil project’s story: More coming up by year-end

    18 June 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    While one segment of an oil project in the North Sea is slated to go into production mode this year, Vår Energi and its partner, Kistos Energy, have put their stamp of approval on a final investment decision (FID) to bring online another addition to the same asset next year off the coast of Norway.

  • Qatar’s LNG newbuilds getting safety upgrade under €22.7M deal

    10 June 2025
    Business Developments & Projects, Project & Tenders

    Maritime Protection, an affiliate of global survival technology solutions provider Survitec, has won a contract to supply dry inert gas systems for 24 liquefied natural gas (LNG) carriers under construction in China as part of QatarEnergy’s LNG fleet expansion program.

  • PM wants Vietnam’s first LNG power plants online by June as delays loom

    7 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.

  • Controversial US energy project back in LNG game: Will its ‘rise from the ashes’ rekindle court battle?

    10 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    After getting the axe at the end of 2021, a hotly contested liquefied natural gas (LNG) export terminal project and its 230-mile pipeline in Southern Oregon, USA, are coming back to the U.S. energy horizon, thanks to a first legal shot being fired to enable its revival.

  • BP’s fourth subsea gas project is a go as new discovery springs up in Trinidad and Tobago

    2 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has found more gas and taken a final investment decision (FID) for a natural gas project off Trinidad’s southeast coast.

  • First ‘large-scale’ pieces for Canada’s $5.1B LNG terminal puzzle reach their destination (Gallery)

    27 May 2025
    Business & Finance, Business Developments & Projects, Infrastructure

    With the arrival of the first batch of modules, Woodfibre Management has revealed an important step forward in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

  • Total insured losses from North Sea containership-tanker allision to likely range between $100M to $300M

    13 March 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Vessels

    Total insured losses resulting from the allision between a Portuguese-flagged containership and a US-flagged tanker in the North Sea are anticipated to range between $100 million and $300 million for all coverages, according to a Canada-based global credit ratings agency.

  • Valaris rig gearing up for ‘main activity’ in Jadestone’s 2025 drilling program

    31 March 2025
    Business Developments & Projects, Exploration & Production

    A jack-up rig owned by offshore drilling contractor Valaris has arrived in Australia to start working on a drilling campaign for the Singapore-headquartered oil and gas player Jadestone Energy.

  • Energy outlook: Uncertainty and ‘resilient’ oil & gas to run the energy show in 2025

    2 January 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Rules & Regulation, Transition

    The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.

  • Guyana greenlights $51.2 billion to move forward with its mega gas-to-energy project

    4 February 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Infrastructure, Regulation & Policy

    Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas-to-energy (GtE) project. 

  • UK throws support behind carbon capture and storage pair set to unlock $34 billion by 2035

    12 June 2025
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Transition

    Offshore Energies UK (OEUK), has deemed the UK’s backing of carbon capture, usage, and storage (CCUS) projects as an important step for the domestic offshore energy industry, as the country works to bankroll its transition from oil and gas to low-carbon technology.

  • Fossil fuels are here to stay just like their greener brethren

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Transition

    The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps the oil and gas industry took to scale up the production ante, including further market consolidation moves.

  • Hunt for partners coming soon as Brazilian oil project’s cost estimates reach up to $1.2B

    16 April 2025
    Business & Finance, Business Developments & Projects

    Karoon Energy has set its cap on finding a partner ahead of making a final investment decision (FID) for an oil field discovery in the Santos Basin off the coast of Brazil. The firm is moving forward with the next stage of development, which includes the entry into the front-end engineering design (FEED) stage.

  • Petrobras enters Asian bunker market with inaugural biofuel-infused VLSFO sale

    14 February 2025
    Business Developments & Projects

    Brazil’s state-owned oil and gas titan Petrobras has tapped into the Asian bunker market, having completed its inaugural sale of very low sulfur fuel oil (VLSFO) with 24% renewable content (B24) in Singapore. As disclosed, the VLSFO was sold to Golden Island, a bunker supplier based in Singapore. Petrobras has shared that the transaction took […]

  • South Korean gov’t to invest $153M to support green shipbuilding and slash GHG emissions

    12 February 2025
    Authorities & Government, Regulation & Policy

    The government of South Korea has laid out a plan to invest about KRW 222.3 billion (circa $152.89 million) to support the construction (or conversion) of 81 environmentally friendly vessels. According to the nation’s Ministry of Ocean and Fisheries (MOF), KRW 163.5 billion has been set aside from the national budget while KRW 58.8 billion […]

  • Wheels up to get the go-ahead for phased development of gas assets in Southeast Asia

    18 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has handed over a field development plan (FDP) for hydrocarbon discoveries off the coast of Vietnam, Southeast Asia.

  • ‘World’s first net-zero LNG export facility’ shaping up in Canada as $5.1B project forges ahead

    4 April 2025
    Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Transition

    Woodfibre Management, a privately held Canadian company based in Vancouver, is moving forward with the construction works at its operated multimillion-dollar liquefied natural gas (LNG) export project located along the southwest coast of British Columbia, Canada.

  • Meyer Turku determined to achieve carbon-neutral status by 2030

    9 June 2025
    Business Developments & Projects, Infrastructure, Outlook & Strategy, Vision

    Finnish shipbuilder Meyer Turku has moved to the next stage of its sustainable shipbuilding journey by adopting central heating for ships under construction.