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Authorities & Government

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Clean Industrial Deal
Authorities & Government

EU, EIB and KfW to back renewable hydrogen projects in Chile with up to €216.5M

The European Commission, the European Investment Bank (EIB), KfW Development Bank (KfW), Corporación de Fomento de la Producción (CORFO) and the Chilean Ministry of Energy have signed agreements to support Chile’s renewable hydrogen industry via the Team Europe Renewable Hydrogen Funding Platform fo

about 1 year ago
Illustration; Source: Novatek
Authorities & Government

Reversal of EU’s energy playbook on Russian oil barrels cannot be ruled out, MSI warns

MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of tr

about 1 year ago
Offshore oil rigs in Southern California; Credit: Drew Bird Photography
Authorities & Government

Trump administration hit with lawsuit over oil platform trio’s restart off California

A new legal battle is on the U.S. energy horizon as part of an attempt to challenge and foil the allegedly outdated plans for three aging oil platforms off the coast of California.

about 1 year ago
A large vessel at sea
Authorities & Government

BW Offshore’s arbitration saga with Brazilian firm ends in settlement

Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

about 1 year ago
The Switch
Authorities & Government

US throws off the regulatory shackles of red tape snags to unlock LNG export bonanza

The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.

about 1 year ago
FPSO Cidade de Vitória; Source: Saipem
Authorities & Government

Brazilian oil & gas asset to continue offshore production phase until 2042

BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.

about 1 year ago
Development and operation plan handed in for Northern Lights expansion
Authorities & Government

Development and operation plan handed in for Northern Lights expansion

Some five days after taking the final investment decision (FID), Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have submitted the plan for development and operation (PDO) to the Norwegian Ministry of Energy for the expansion of the namesake CO2 transport and storage de

about 1 year ago
Artist's rendering of the Cedar LNG facility; Source: Cedar LNG
Authorities & Government

Public input requested for proposed tweaks to Canada’s $4B LNG project

Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl

about 1 year ago
Chevron-operated Leviathan gas asset (for illustration); Source: NewMed Energy
Authorities & Government

BP and SOCAR join NewMed in grabbing slice of multi-license gas exploration pie off Israel

Israel’s Ministry of Energy and Infrastructure has put its stamp of approval on six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ). The list of license winners entails Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilli

about 1 year ago
North Sea; Source: OEUK
Authorities & Government

$452 billion shot in UK economy’s arm on the table with oil & gas and other homegrown energy

With forecasts indicating that the United Kingdom (UK) will need billions of oil and gas barrels by 2050 amidst the ongoing economic challenges and energy market headwinds and tailwinds, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has outlined in its new repor

about 1 year ago
With phase 1 fully booked, Northern Lights partners take €662M FID for second phase
Authorities & Government

With phase 1 fully booked, Northern Lights partners take €662M FID for project expansion

Northern Lights joint venture (JV) partners Equinor, Shell and TotalEnergies have made a final investment decision (FID) to progress phase two of the namesake CO2 transport and storage development. This will increase the project’s transport and storage capacity from 1.5 million to over 5 million ton

about 1 year ago
16 applicants pursuing Denmark's $4.1 billion carbon capture and storage fund
Authorities & Government

16 applicants pursuing Denmark’s $4.1 billion carbon capture and storage fund

The Danish Energy Agency has received applications from 16 companies in the call for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion (around $4.1 billion) available to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, tr

about 1 year ago
EU
Authorities & Government

EU urged to take action to end ‘dumping’ of toxic ships and support capacity building

Belgian NGO Shipbreaking Platform has called on the European Commission to take measures that will end the “dumping” of toxic ships and boost capacity for sustainable ship recycling.

about 1 year ago
Panama
Authorities & Government

Panama to incentivize low-emission shipping with new priority passage program

The Panama Canal Authority (ACP) has unveiled a new initiative that prioritizes vessels running on low-carbon fuels and ships fitted with energy-efficient technologies, aiming to ‘fortify’ its own as well as global shipping decarbonization goals. Dubbed the NetZero Slot, this initiative represents w

about 1 year ago
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