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Lycaste Peace
Collaboration

Astomos, Inpex in Middle East’s 1st ever VLGC biofuel bunkering

Japanese LPG trader and importer Astomos Energy Corporation and compatriot energy company Inpex Corporation have completed the supply of B24 biofuel bunker to a Very Large Gas Carrier (VLGC) chartered by Astomos. The endeavor marks the first-ever biofuel supply to a VLGC in the Middle East. Biofuels

about 3 years ago
Oman sees signing of two new green hydrogen project agreements
Collaboration

Oman sees signing of two new green hydrogen project agreements

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Hydrom, a subsidiary of Energy Development Oman SAOC (EDO), has entered two new agreements awarding green hydrogen projects in Oman. The agreements were signed with the winning bidders of round 1 of the Oman green hydrogen auction process during an event organised by Hydrom. This auction process pro

about 3 years ago
QatarEnergy and China bolster LNG ties with new deals
Collaboration

QatarEnergy and China bolster LNG ties with new deals

State-owned oil and gas giant QatarEnergy has signed definitive agreements with China National Petroleum Corporation (CNPC) for the long-term supply of LNG to China and partnership in the North Field East (NFE) LNG expansion project. The LNG sales and purchase agreement (SPA) between the two parties

about 3 years ago
Antonio Guterres, UN Secretary-General; Credit: Kiara Worth/UNFCCC
Collaboration

UN adopts historic High Seas Treaty

The UN’s 193 member states adopted a legally binding marine biodiversity agreement on Monday following nearly two decades of negotiations over forging a common wave of conservation and sustainability in the high seas beyond national boundaries – covering two thirds of the planet’s oceans. It forms t

about 3 years ago
UNDP urged to ensure 'clean and safe recycling' of decaying FSO offshore Yemen
Collaboration

UNDP urged to ensure ‘clean and safe recycling’ of decaying FSO offshore Yemen

Human rights and environmental non-governmental organizations (NGOs) are urging UNDP to ensure the clean and safe recycling of the decaying floating storage and offloading (FSO) vessel Safer, moored offshore Yemen, that is threatening to cause a massive oil spill. In a letter addressed to UNDP, the

about 3 years ago
FSO Safer
Collaboration

EEC expresses interest in recycling FSO Safer as salvage operation moves forward

Netherlands-based Elegant Exit Company (EEC), which specializes in the sustainable recycling of veteran ships by converting them into green steel, has voiced interest in recycling FSO Safer. The rapidly decaying supertanker is at the center of a United Nations-led mission worth over $100 million to

about 3 years ago
First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer
Collaboration

First commercial shipment of low-carbon ammonia sent to Taiwan Fertilizer

SABIC Agri-Nutrients, a petrochemical company from Saudi Arabia, in collaboration with energy company Aramco, has sent the first commercial shipment of low-carbon ammonia to Taiwan Fertilizer Company. On its social media, SABIC said the shipment reflects its commitment to delivering low-carbon solut

about 3 years ago
DNV and Zakher Marine to cooperate on emission reduction solutions
Collaboration

DNV and Zakher Marine to cooperate on emission reduction solutions

Classification society DNV and Zakher Marine International (ZMI), owner and operator of Jack up barges and offshore support vessels, signed a memorandum of understanding (MOU) to collaborate on decarbonisation solutions.

about 3 years ago
OCCS
Collaboration

Maritime powerhouses forge alliance to harness onboard carbon capture

Maritime leaders have formed an elite working group to study onboard carbon capture technologies as a solution to help decarbonize the maritime industry while enabling the existing ships to continue burning fossil fuels. The collaborative project brings together ABS, Diana Shipping Services, Equinor

about 3 years ago
Oracle Energy and PCME to collaborate on green hydrogen project in Pakistan
Collaboration

Oracle Energy and PCME to collaborate on green hydrogen project in Pakistan

Oracle Energy, a joint venture between Oracle Power and Sheikh Ahmed Dalmook Al Maktoum, and PetroChina International (Middle East) Company Limited (PCME) have signed a Memorandum of Understanding (MoU) on cooperation and joint development of commercial avenues for Oracle Energy’s planned 400 MW gre

about 3 years ago
Safe Bulkers
Collaboration

INTERCARGO warns against regulating shipping in isolation

As the International Maritime Organization (IMO) gears up for its MEPC80 session in July, where it is expected to revise its greenhouse gas (GHG) strategy and strengthen decarbonization targets, industry experts are highlighting the dangers of regulating shipping in isolation. The global nature of t

about 3 years ago
Illustration/Xfloat's floating solar technology (Courtesy of Xfloat)
Collaboration

Xfloat bags $1M grant to advance floating solar technology

Israel-based company Xfloat has secured a $1 million grant to advance its floating solar technology together with the partners from the United States.

about 3 years ago
Illustration; Source: Aquaterra Energy
Collaboration

In focus: Will the hydrogen rainbow chase away fossil fuels’ clouds?

The global energy players are burning the midnight oil in pursuit of low-carbon solutions to curb emissions and enrich the energy mix.

about 3 years ago
Egypt teams up with Norway’s Scatec to set up green methanol plant
Collaboration

Egypt teams up with Norway’s Scatec to set up green methanol plant

Egypt has made a step towards establishing the country’s first green methanol production project which will include investments of about $450 million and produce 40,000 tons of green methanol per year. The joint development agreement for this project was signed on 14 May by Egypt’s Alexandria Nation

about 3 years ago