Achieving a net-zero future is a challenging task for all countries around the globe. The problematic pieces of the energy transition jigsaw need to shrink as renewable energy sources continue to be explored, expanded and nurtured through new investments.
The NeuConnect energy link that will connect Germany and the UK for the first time is a “key project” and highlights how closely the two countries are working together to make their economies climate-neutral, German President Frank-Walter Steinmeier said during the visit of UK’s King Charles III to
Norway’s H2Carrier and Sweden’s Trelleborg Gas Transfer have signed a Memorandum of Understanding (MoU) to cooperate on ship-to-ship ammonia transfer solutions. The two companies will collaborate in developing a safe, reliable, and efficient solution for side-by-side offloading of ammonia when opera
Yara Clean Ammonia, a subsidiary of Norwegian fertiliser company Yara International, and Enbridge, a Canadian pipeline and energy company, have signed of a letter of intent to jointly develop and construct a world scale low-carbon blue ammonia production facility as equal partners. According to Yara
Ocean Energy Europe has welcomed the inclusion of the 5% target for innovative renewable energy technologies as part of the revision of the EU Renewable Energy Directive (RED).
ADNOC Logistics & Services has revealed a new deal with ADNOC Offshore, which amounts to $2.6 billion (AED9.5 billion).
Heads of Agreement (HOA) has been inked to move forward with the next phases in the development of Equatorial Guinea’s Gas Mega Hub (GMH).
Seventeen companies are collaborating with shipping company Samskip to reduce carbon dioxide emissions by using sustainable biofuel to ship their products on board Samskip’s vessels. The initiative, called “insetting,” is promoted by GoodShipping, which provides the opportunity for shippers to trans
Finnish cleantech company Norsepower Oy has signed a contract with global shipping company IINO Lines for the delivery and installation of two Norsepower Rotor Sails™ on a newbuild Very Large Gas Carrier (VLGC). The LPG dual-fuel vessel was delivered today from Daewoo Shipbuilding & Marine Engineeri
Japanese companies Mitsubishi Heavy Industries (MHI) and Osaka Gas have entered into an agreement to conduct a feasibility study on a project to develop a CO2 value chain for carbon capture, utilization, and storage (CCUS).
HyEkoTank project partners have discussed the procedures that the consortium will follow during the project’s implementation period as well as the work to be carried out in the upcoming period. The consortium includes TECO 2030 AS, Shell International Exploration and Production Bv, Fartygskonstrukti
The end of March has been eventful for Norden as it partnered up with Spar Shipping on the use of biofuel and acquired Capesize vessels to improve its portfolio of freight service solutions towards its dry-segment customers. Norden and Spar Shipping, both Danish companies, have bunkered approximatel
Korean Register (KR) has signed a memorandum of understanding (MOU) with Microsoft Korea to collaborate on digital transformation and enhance their technological capabilities. KR said the aim was to digitally transform the shipbuilding and maritime industry by leveraging fourth-industrial revolution
A new report co-authored by the IIRENA and OEE has provided a roadmap to decision makers on the various financing mechanisms for ocean energy and how they can be scaled up to secure investments for the sector.
