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Business Developments & Projects

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‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman
Business Developments & Projects

‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman

Collaboration between Belgium and Oman has been strengthened with a new memorandum of understanding (MoU) signed by the Belgian Hydrogen Council and Hydrom.

about 1 year ago
A woman and a man standing and holding files with ADNOC's logo on them
Business Developments & Projects

ADNOC and Petronas firm up deal for 15 years’ worth of LNG from Ruwais

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Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Malaysia’s state-owned energy player Petronas for the supply of liquefied natural gas (LNG) from the Ruwais LNG plant.

about 1 year ago
An offshore platform with a large vessel surrounded by several smaller vessels next to it
Business Developments & Projects

Shell and QatarEnergy team up to supply China with LNG

Two energy giants, Qatar’s state-owned QatarEnergy and UK-headquartered Shell, have inked a new long-term sale and purchase agreement (SPA) with an undisclosed client to deliver liquefied natural gas (LNG) to China.

about 1 year ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Business Developments & Projects

$80 billion ‘powerhouse’ makes its entrance on energy stage with gas, low-carbon tools, and chemicals in mind

ADNOC has unveiled XRG, a low-carbon energy, natural gas, and chemicals investment company with an enterprise value of over $80 billion, which is envisioned to power the world with lower-emission energy to enable a more sustainable energy future.

about 1 year ago
Chinese shipbuilder hands over first 175,000 cbm LNG carrier to ADNOC L&S
Business Developments & Projects

Chinese shipbuilder hands over first 175,000 cbm LNG carrier to ADNOC L&S

ADNOC Logistics & Services (ADNOC L&S) has taken delivery of the first newbuild LNG carrier from Jiangnan Shipyard in China.

about 1 year ago
LIVE BLOG: Offshore Energy Exhibition & Conference 2024
Business Developments & Projects

LIVE BLOG: Offshore Energy Exhibition & Conference 2024

Welcome to the Live Blog! That’s a wrap! As OEEC 2024 comes to a close, Navingo invites all attendees to join for the final celebration! After two dynamic days of exploring innovations in the offshore energy sector, it’s time to relax, reflect and network over drinks and bites. Join us at the Stage

12 minutes read
QatarEnergy breaks ground on $1.2 billion ammonia project
Business Developments & Projects

QatarEnergy breaks ground on $1.2 billion ammonia project

QatarEnergy has laid the foundation stone for the 1.2 mtpa blue ammonia facility, said to be the largest of its kind in the world.

about 1 year ago
California Senate passes wave and tidal energy bill
Business Developments & Projects

Eco Wave Power to link wave energy to national grid at Jaffa Port

Eco Wave Power has unveiled preparations to inaugurate Israel’s first wave energy pilot project on December 5, 2024, at Jaffa Port, marking a step in the country’s renewable energy endeavors. The EWP-EDF One system, developed in collaboration with EDF Renewables Israel and supported by Tel Aviv-Yafo

about 1 year ago
Illustration; Source: Rystad Energy
Business Developments & Projects

Powering oil & gas production with renewables and low-carbon energy: Electrification brings emission cuts of 80%

While the energy transition toolbox is filled with decarbonization tools, electrification seems to be the jewel in its crown, based on research conducted by Rystad Energy, which points out that applying this method to upstream operations has the potential to get rid of over 80% of oil and gas produc

about 1 year ago
Illustration; Source: ExxonMobil
Business Developments & Projects

Net zero quest: Weaning off oil & gas or undermining the world’s energy security backbone?

After decarbonization pledges entered the scene, climate change challenges have fanned the transformation flames, taking the energy industry’s transition to other power sources to a whole new level.

about 1 year ago
Illustration; Source: Navingo
Business Developments & Projects

Carbon offsetting and green gas: Chasing fairy tale of climate-neutral future or key tools in net zero’s arsenal?

As time goes by, the zest for a carbon-free world has sparked a seismic shift toward the sphere of environmental sustainability. However, many thorns remain on the path to such a low-emission world, including differing perceptions about the tools to achieve this goal. This is hammered home by the pu

15 minutes read
Illustration; Source: Environmental Defense Fund Europe (EDFE)
Business Developments & Projects

Global efforts to get rid of potent greenhouse gas menace heat up – Giving methane the slip

As waves of climate change woes buffet the world mercilessly, the zest to tackle the greenhouse gas (GHG) emissions challenge is spurring global action, with attempts to combat methane being first on the agenda.

12 minutes read
Leaders at COP29 Azerbaijan; Source: COP29 Azerbaijan
Business Developments & Projects

COP29 delivers hat trick with $1.3 trillion on the cards but lack of stronger mitigation and finance action seen as ‘betrayal’

COP29 has managed to reach a consensus on tripling climate finance while setting a new worldwide target to direct $1.3 trillion of climate finance to developing countries by 2030.

16 minutes read
COP29 Azerbaijan; Source: COP29 Presidency
Business Developments & Projects

Carbon markets are a go but trillions at stake: Will ‘climate finance COP’ deliver the goods at the eleventh hour?

Given the trillion-dollar gap between the Global South’s demands and the Global North’s proposal for a new climate finance target, the 29th Conference of the Parties (COP29) has run into overtime in one last attempt at bridging the divide and finding common ground all parties can get behind. The cal

21 minutes read