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Authorities & Government

GCMD survey unveils decarbonization blind spots: Industry cannot decarbonize without conservatives

Singapore-based Global Centre for Maritime Decarbonization and Boston Consulting Group have revealed major insights from the Global Maritime Decarbonization Survey during a presentation held at Nor-Shipping 2023’s Tradewinds Ocean Stage. The survey sheds light on the current state of maritime decarb

about 3 years ago

South Timbalier Complex; Source: Arena Offshore

Authorities & Government

Watch Coast Guard in action as oil worker gets a medevac in Gulf of Mexico

The U.S. Coast Guard (USCG) has medevacked a 33-year-old worker from an oil platform about 23 miles southwest of Port Fourchon, Louisiana.

about 3 years ago

Authorities & Government

Spanish government greenlights El Musel LNG terminal start-up

El Musel LNG terminal in Gijón has received administrative authorization for its start-up from the Spanish Ministry for the Ecological Transition and the Demographic Challenge. According to the Spanish energy company Enagás, the technical conditions for the provision of LNG logistics services at the

about 3 years ago

Authorities & Government

US: Clean Shipping Act 2023 introduced to help curb GHG emissions from ships

Members of the U.S. Congress have introduced the Clean Shipping Act of 2023, to set a path to eliminate greenhouse gas (GHG) emissions from all ocean shipping companies that do business with the United States.

about 3 years ago

Shearwater platform (illustration); Source: Shell

Authorities & Government

UK’s tax changes: First step to ‘restore confidence’ in oil & gas sector and safeguard energy security

The UK has now made adjustments to the oil and gas tax terms in a bid to protect the country’s energy security.

about 3 years ago

Authorities & Government

Confirmation of ‘significant’ oil discovery in North Sea comes with details galore

Aker BP recently revealed a new oil discovery in the North Sea off Norway, which was made using a Saipem-owned rig.

about 3 years ago

Authorities & Government

What impact will OPEC+ cuts have on global and US oil & gas production?

The EIA expects global oil production to be lower than anticipated after OPEC+ announced extension of its crude oil production cuts.

about 3 years ago

Illustration; Source: American Petroleum Institute (API)

Authorities & Government

Lack of policies in support of oil & gas risk killing America’s golden goose while renewables face similar permitting issues

America’s oil & gas and renewables are in need of encouraging policies to flourish and meet the increasing demand at home and abroad.

about 3 years ago

Authorities & Government

LX International enters LNG terminal business

South Korean commodity trading and mining company LX International has announced it will partner with POSCO International to build LNG storage tanks and facilities in Dangjin, Chungcheongnam-do, and enter the LNG terminal business to lease and operate the facilities. To this end, LX International, P

about 3 years ago

Authorities & Government

Norway greenlights $700 million tie-back project in North Sea

Aker BP has received approval for a plan for development and operation (PDO) of its offshore tie-back project in the North Sea.

about 3 years ago

Illustration/Wave energy device (Photo: YouTube/Screenshot)

Authorities & Government

United States hands out $1.2M for marine energy R&D projects

The US Department of Energy (DOE) has allocated $1.2 million for 23 projects to further marine energy research and development at its national laboratories.

about 3 years ago

Polish and Danish TSOs initiate cooperation on energy transition and security, hydrogen and biomethane on the table

Authorities & Government

Poland and Denmark partner up for energy transition with hydrogen and biomethane on the table

Polish natural gas transmission system operator (TSO) GAZ-SYSTEM and Danish TSO Energinet have signed a Memorandum of Cooperation to work together on accelerating energy transition and strengthening regional energy security in Europe. The agreement was signed on 26 April during the Baltic Pipe gala

about 3 years ago

Illustration - Equinor's Hywind Tampen wind farm in the North Sea; Source: Equinor

Authorities & Government

As calls for more UK-produced energy lock horns with outcries to ban new oil & gas, all roads lead to renewables

Renewables are seen as the UK’s road to net-zero, but many feel this should be a gradual shift in investment rather than casting new oil & gas aside right away.

11 minutes read

Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum

Authorities & Government

Maersk picks Ursula von der Leyen to christen world’s 1st methanol-powered containership

Ursula von der Leyen, the president of the European Commission, will be the godmother of A.P. Moller – Maersk’s new feeder vessel, the world’s first container vessel sailing on green methanol. The Commission President will formally name the vessel at a ceremony in Copenhagen on September 14, where i

about 3 years ago