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Business Developments & Projects

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Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 billion
Business Developments & Projects

Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 bln

Emissions Reduction Alberta (ERA) says Canada’s province will invest over $40 million in 11 projects focused on advancing CCUS.

about 4 years ago
Buckeye Partners completes acquisition of Bear Head Energy
Business Developments & Projects

Buckeye Partners completes acquisition of Bear Head Energy

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Buckeye Partners has closed the acquisition of Bear Head Energy, which owns an LNG and clean energy project in Nova Scotia, Canada.

about 4 years ago
Two oil & gas firms ink merger deal valued at $307 million to establish full-cycle asset base and boost output and reserves
Business Developments & Projects

Two oil & gas firms ink merger deal to establish ‘full-cycle asset base’

Vaalco and TransGlobe have revealed a deal to combine their businesses into a single company to create a full-cycle asset base.

about 4 years ago
Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA
Business Developments & Projects

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA

IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

about 4 years ago
Stena IceMAX drillship
Business Developments & Projects

BP selects Stena drillship to drill Canadian well

Offshore drilling contractor Stena Drilling has secured a new drilling contract from BP for operations offshore Canada.

about 4 years ago
Significant drop in recoverable oil resources could deal major blow to global energy security, Rystad forecasts
Business Developments & Projects

Drop in recoverable oil resources could deal major blow to energy security, Rystad says

The drop in the total recoverable oil worldwide from last year’s figures represents another threat to global energy security, explains Rystad.

about 4 years ago
Canadian regulator takes Hibernia oil spill case to court
Business Developments & Projects

Hibernia oil spill case goes to court three years after it took place

Canadian regulator has brought charges against the company operating the Hibernia platform due to an oil spill, which occurred in July 2019.

about 4 years ago
Elogen partners up for green hydrogen solutions in Asia Pacific
Business Developments & Projects

Elogen to provide PEM electrolysers for Charbone’s green hydrogen projects

French tech company for PEM electrolysis Elogen is to supply Canadian green hydrogen group Charbone with PEM electrolysers for its green hydrogen projects in North America.

about 4 years ago
Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises
Business Developments & Projects

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago
Baie-Comeau
Business Developments & Projects

Ports of Rotterdam, Baie-Comeau to collaborate on port development

The Port of Rotterdam in the Netherlands and the Port of Baie Comeau in Canada have agreed to jointly explore the potential for future growth and development of the Port of Baie-Comeau.

about 4 years ago
Wartsila
Business Developments & Projects

Wärtsilä moves forward with smart port ecosystem vision

Wärtsilä Voyage, part of the Finnish technology group Wärtsilä, has decided to acquire PortLink Global, a Canada-based port solutions company.

about 4 years ago
Marine Renewables Canada strengthens ties with ELBE Alliance
Business Developments & Projects

Marine Renewables Canada strengthens ties with ELBE Alliance

Canada’s national association for offshore renewable energies Marine Renewables Canada has formalised a collaboration with the European Leaders of Blue Energy (ELBE) Alliance focused on the marine energy and offshore wind sectors. As part of the partnership, Marine Renewables Canada will work with E

about 4 years ago
NHA
Business Developments & Projects

National Hydropower Association looking for outstanding stewards of America’s waters

National Hydropower Association (NHA), the US-based association dedicated to promoting the growth of clean, renewable hydropower and marine energy, has opened nominations for 2022 Outstanding Stewards of America’s Waters (OSAW) award.

about 4 years ago
Sustainable Marine powers up tidal energy system in Nova Scotia
Business Developments & Projects

Canada’s first instream tidal energy device powers up

Sustainable Marine has officially powered up its next-gen floating tidal energy platform PLAT-I in Nova Scotia, making it the first to deliver in-stream tidal power to the grid in Canada.

about 4 years ago