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Authorities & Government

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Russia-Ukraine crisis - oil price
Authorities & Government

Oil prices jump as sanctions spur supply fears while OPEC+ reconfirms output plans

Oil prices touched a peak of $113 per barrel and eased to $111 on Wednesday amid fears about the impact of Russia’s attack on Ukraine and the resulting sanctions.

about 4 years ago
container
Authorities & Government

Container shipping companies halt shipments to and from Russia

Several container shipping majors have temporarily suspended bookings to and from Russia amid the Russian military attack on Ukraine.

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about 4 years ago
Eco Wave Power's wave energy array in Gibraltar (Courtesy of Eco Wave Power)
Authorities & Government

Eco Wave Power to relocate wave energy plant from Gibraltar to Los Angeles

Eco Wave Power has outlined plans to relocate its wave energy power plant from Gibraltar to AltaSea’s premises in the Port of Los Angeles.

about 4 years ago
Berkut offshore platform - Russia - ExxonMobil
Authorities & Government

ExxonMobil joins other majors in ditching Russian projects and investments

Following the footsteps of the European giants, U.S. major ExxonMobil is also looking to exit its position from a project in Russia.

about 4 years ago
Russian
Authorities & Government

$23B of Russia to UK trade to be disrupted by British ports closure to Russian ships

£17 billion ($23 billion) of annual Russian exports to the UK will be disrupted by the closure of all UK ports to Russian ships, an analysis conducted by data and analytics company Russell Group finds.

about 4 years ago
Cameron McNatt with Blue X wave energy prototype (Courtesy of Mocean Energy)
Authorities & Government

Mocean Energy lands funds to build wave energy device for oil and gas sector

Scottish company Mocean Energy has secured €875,000 to accelerate the commercial roll-out of its wave energy technology and drive its adoption in offshore oil and gas sector.

about 4 years ago
UK
Authorities & Government

UK bans Russian ships from its ports

Russian ships have been banned from UK ports, following a fresh raft of UK sanctions against Russia on 1 March 2022.

about 4 years ago
Baltic Pipe to restart paused construction as it obtains new environmental permit
Authorities & Government

Baltic Pipe to restart paused construction as it obtains new environmental permit

The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the Baltic Pipe project, allowing Energinet to restart construction on parts that have been on pause since spring last year. Construction on parts of the project in the eastern part of the Jutland peninsula a

about 4 years ago
Shell CEO Ben van Beurden;
Authorities & Government

After BP and Equinor, Shell ditching Russian business and TotalEnergies withholding capital from new projects

Shell has joined BP and Equinor in a decision to exit Russia-related businesses following Russia’s attack on Ukraine.

about 4 years ago
Germany
Authorities & Government

Germany to break free from Russian gas with two LNG terminals

Germany has revealed plans to build two liquefied natural gas (LNG) terminals in the near future in an effort to reduce its dependence on Russian gas.

about 4 years ago
Ukraine
Authorities & Government

Two Ukrainian commercial ships seized by Russians, Ukraine says

Two more Ukrainian commercial vessels with crews onboard have been seized by the Russian Navy in the northwestern part of the Black Sea amid Russia’s military attack on Ukraine.

about 4 years ago
Germans launch final participation procedure for subsea power link to Sweden
Authorities & Government

Germans launch participation procedure for subsea power link to Sweden

Germany’s Federal Maritime and Hydrographic Agency (BSH) has launched the participation procedure for the German continental shelf section of the Hansa PowerBridge subsea cable project. BSH is now accepting submissions from public interest representatives as part of the participation procedure for t

about 4 years ago
Illustration (Courtesy of Odfjell Oceanwind
Authorities & Government

In focus: Energy system transformation gathers pace with government-backed innovations

Among numerous energy transition initiatives, the ones that stood out the most this week were enacted by governments which truly do have the power to bring about the long-overdue upgrade to our energy landscape.

about 4 years ago
ports
Authorities & Government

Winds of change to sweep through German seaports

The world is moving away from fossil fuels and so is the maritime industry. Ports — being an important maritime segment — are facing significant changes. For the German port sector, the transformation is seen as a mammoth task that lies ahead.

about 4 years ago