
Norwegian oil and gas player OKEA has made a new oil discovery in an exploration well in the North Sea off the coast of Norway. However, the drilling activity at another well left the firm empty-handed, as no hydrocarbons were found.

Japanese shipping major Mitsui O.S.K. Lines (MOL) has passed another milestone on its decarbonization journey, having become the ‘first’ in the country’s maritime industry to retire technology-based carbon removal credits (CDR). Three years have passed since the launch of the NextGen CDR facility, a