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QatarEnergy and Sinopec conclude 27-year LNG supply deal
Collaboration

QatarEnergy and Sinopec conclude 27-year LNG supply deal

Qatar’s state-owned oil and gas company QatarEnergy has signed a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. Furthermore, the two parties signed a long-term sales and purchase agreement (SPA) for the delivery of 3 million to

about 2 years ago
Illustration; Source: The International Energy Agency (IEA)
Collaboration

IEA: Redoubling international cooperation ‘vital’ to usher clean energy era faster and end fossil fuel reign

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The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.

about 2 years ago
Dr. Sultan Al Jaber, COP28 President
Collaboration

New charter urges private sector towards ‘bolder’ climate and net-zero action ahead of COP28

The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.

about 2 years ago
DNV
Collaboration

GSBN, DNV team up on verified data sharing in a major push for decarbonization

Global Shipping Business Network (GSBN), an independent non-profit technology consortium, has signed a Memorandum of Understanding (MoU) with the DNV classification society. The partnership aims to promote decarbonization and accelerate the adoption of alternative fuels by enabling the trusted shari

about 2 years ago
Hydrogen Council welcomes three new members
Collaboration

Hydrogen Council welcomes three new members

UAE-based renewable energy company Abu Dhabi Future Energy Company (Masdar), Indian multinational conglomerate Larsen and Toubro (L&T) and Belgium’s Agfa have joined the Hydrogen Council, a global CEO-led initiative that brings together companies with a united vision and long-term ambition for hydro

about 2 years ago
DP World
Collaboration

APMT, DP World: Port electrification is the fastest lane to impact. Hydrogen solutions an outlier, not the norm.

In the maritime sector, the quest for cleaner, more efficient practices has given rise to the electrification of ports and container handling equipment. Why, you might ask? The answer is clear, for electrification offers a trifecta of advantages that places it at the forefront of a green revolution:

about 2 years ago
Saudi Arabia and Korea shake hands on clean hydrogen cooperation
Collaboration

Saudi Arabia and Korea shake hands on clean hydrogen cooperation

Korea’s Ministry of Trade, Industry and Energy (MOTIE), energy institutions, and companies have signed two agreements and five memorandums of understanding (MoUs) with their Saudi counterparts to widen clean hydrogen cooperation. The agreements and MoUs were signed on October 22 on the occasion of t

about 2 years ago
Fluxys, OQGN to work on hydrogen and CO2 infrastructure projects in Oman
Collaboration

Fluxys, OQGN to work on hydrogen and CO2 infrastructure projects in Oman

Belgium’s energy infrastructure company Fluxys and Omani state-owned transmission system operator OQ Gas Networks (OQGN) have signed a memorandum of understanding (MoU) to jointly explore strategic cooperation in the development of hydrogen and CO2 infrastructure projects in Oman. The signing took p

about 2 years ago
Aramco and ENOWA team up to develop synthetic e-fuel demonstration plant
Collaboration

Aramco and ENOWA team up to develop synthetic e-fuel demonstration plant

Aramco, an integrated energy and chemicals company, and ENOWA, NEOM’s energy and water company, have signed a joint development agreement to construct and establish a synthetic electro-fuel (e-fuel) demonstration plant. NEOM will oversee the construction of the plant, while Aramco and ENOWA will joi

about 2 years ago
ACWA Power eyes green hydrogen corridor between its production sites and Amsterdam port
Collaboration

ACWA Power eyes green hydrogen corridor between its production sites and Amsterdam port

Saudi developer of green hydrogen projects ACWA Power has signed a memorandum of understanding (MoU) with GasLog, Zenith Energy Terminals, and Port of Amsterdam to explore the viability of developing a green hydrogen export corridor between its global hydrogen production sites and the port of Amster

about 3 years ago
Maersk
Collaboration

Alliance of CEO Climate Leaders urge world govts to scale up investment in renewable energy ahead of COP28

More than a hundred CEOs and senior executives from the Alliance of CEO Climate Leaders, led by Vincent Clerc, Chief executive Officer of A.P. Moller Maersk, have shared an open letter to world leaders ahead of COP28. The quest to cap global temperature rise at 1.5°C faces jeopardy without intensifi

about 3 years ago
Euronav
Collaboration

Euronav, Cargill, and Chevron vow to adopt vessel optimization strategies at GMF summit

Industry giants Chevron, Euronav, and Cargill have announced their joint operational efficiency ambition statement as part of the Global Maritime Forum Annual Summit in Athens. Under the ambition, the trio committed to adopt vessel optimization strategies that can decrease annual fuel consumption by

about 3 years ago
Michael Parker
Collaboration

Parker: Shipping financing will not be the same

Green corridors are likely to transform the realm of shipping finance as the focus shifts from emissions from ships to the entire supply chain, according to Michael Parker, Chairman of the Poseidon Principles. Parker spoke on a panel on Wednesday as part of the launch of Progress Toward Shipping’s 2

about 3 years ago
Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report
Collaboration

Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report

In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2

about 3 years ago