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Court order pushes US to expand Gulf of Mexico oil & gas lease sale with previously removed blocks
BOEM is taking steps to comply with a court order regarding the incoming offshore oil and gas lease sale for acreage in the Gulf of Mexico.
HD Hyundai strikes deal for 16 sets of methanol-powered engines
HD Hyundai Heavy Industries – Engine & Machinery has signed a contract for a total of 16 sets of methanol-powered engines.
Ecospray’s CO2 capture tech with 80 pct efficiency coming in Q1 2024
Ecospray, an Italian company specializing in sustainable solutions for maritime and land-based industries, has unveiled its first two carbon capture technologies for the maritime sector in Athens, Greece. The company developed a pilot plant with two CO2 capture technologies: chemical absorption usin
New hydrogen hub in Australia in the works
Australia’s Albanese and Malinauskas Governments have finalized a grant agreement to develop the Port Bonython Hydrogen Hub near Whyalla. Together, both governments are investing $100 million to develop infrastructure at Port Bonython and prepare it to become South Australia’s (SA) first large-scale
QatarEnergy CEO sees natural gas as ‘indispensable’ not just for energy transition but also after 2050
The CEO of QatarEnergy has spotlighted the role of natural gas in the evolving energy landscape and the energy transition era.
NKT cable-laying vessel moves to biofuel
Denmark-based NKT has certified its cable-laying vessel (CLV) NKT Victoria to use biofuels such as hydrotreated vegetable oil (HVO) as part of its decarbonization goals. NKT reported that the certification allows the reduction of carbon footprint from the vessel’s fuel consumption by more than 98%.
World’s first transpacific green shipping corridor in the making
The Ports of Los Angeles, Long Beach and Shanghai have unveiled plans for the creation of the first-ever green shipping corridor across the Pacific.
QatarEnergy LNG awards CO2 sequestration deal to Worley
Australia’s engineering company Worley has secured a contract with Qatargas, which recently rebranded to QatarEnergy LNG, to provide front-end engineering design (FEED) services for a CO2 sequestration project in Ras Laffan, Qatar. According to Worley, the contract covers the FEED study and engineer
Princess Royal unveils £420 million Aberdeen Port expansion
The Port of Aberdeen, the UK’s oldest business, now boasts the country’s newest harbor, signaling a vibrant future for energy, trade, and tourism in Scotland’s journey towards net zero emissions. Namely, the port’s £420 million (USD 514 million) expansion project was officially inaugurated on Friday
Oil flows from another project in Bohai Sea
CNOOC Limited has kicked off production from an oilfield second adjustment project in the Bohai Sea offshore China.
In focus: Is climate crisis a ‘fossil fuels crisis’?
With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from
UK’s shift in net-zero policy raises red flag: Is this a godsend for people’s pockets or wishful thinking?
A deep dive into the backlash and other prominent reactions related to the UK’s Prime Minister’s recent changes in net-zero policy.
Itochu & Peninsula ally on development of ammonia bunkering in Spain
General trading company Itochu Corporation and marine fuels supplier Peninsula Petroleum have executed a memorandum of understanding (MoU) on the joint development of ammonia bunkering in Spain. Itochu stated that, together with Peninsula and future partners, it aims to establish a global ammonia su
Wintershall Dea preparing to drill Norwegian Sea wildcat with Transocean rig
Wintershall Dea has secured a drilling permit from Norway’s authorities to spud a wildcat well in the Norwegian Sea.