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

Environment

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

Environment

To wean off Russian fossil fuels with green hydrogen, Europe needs to ramp up renewables

To phase out Russian fossil fuels and speed up its energy transition, using green hydrogen, Europe will need to step up renewable deployment.

about 4 years ago

Environment

Green Marine Europe boasts fleet of 323 certified vessels and 13 shipowners

The number of participants in Green Marine Europe, the environmental certification program for maritime transport, has increased to 13 shipowners and 323 vessels, according to the program’s 2021 results. On 27 June, Green Marine Europe unveiled its 2021 results and the certified shipowners during th

about 4 years ago

U.S. and EU scaling up efforts to enable energy security and curb emissions

Environment

U.S. and EU scaling up efforts to ensure energy security and curb emissions

The U. S. and the EU will intensify efforts to ensure energy security and reduce emissions while pursuing diversification of energy supplies.

about 4 years ago

Environment

With energy security and high prices in mind, EU and Norway strengthen ties with new deal

The EU has strengthened its energy cooperation with Norway through a new deal, aiming to secure its energy independence from Russia.

about 4 years ago

Environment

Subsea 7 starts floating offshore green hydrogen collaboration with OneSea

Subsea 7 has entered into a Memorandum of Understanding with the Dutch hydrogen technology developer, OneSea Energy, to collaborate in the field of floating offshore green hydrogen production. The Memorandum of Understanding provides that OneSea and Subsea 7 will move forward together in exploring a

about 4 years ago

Environment

EU Parliament wants to include shipping emissions in the EU ETS

To incentivise industries to further reduce their emissions and invest in low-carbon technologies, the Emissions Trading System (EU ETS) should be reformed and its scope enlarged, Members of the European Parliament said.

about 4 years ago

After missiles hit Black Sea platforms, reports indicate fire still ragging

Environment

After missiles hit Black Sea platforms, reports indicate fire still burning

Following an alleged missile strike on three platforms in the Black Sea, satellite images indicate the fire is still burning at the site.

about 4 years ago

Electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87 per cent, UK regulator reveals

Environment

Electrification with renewable and conventional power sources could curb emissions up to 87 per cent, UK regulator reveals

The NSTA has found that electrification of oil & gas platforms with renewable and conventional power sources could curb emissions up to 87%.

about 4 years ago

Norway may need over $6 bln in funding by 2025 for its green energy boost

Environment

Banking on renewable energy, Norway outlines roadmap to turn into ‘green industrial giant’

The Norwegian government has presented a roadmap for a green industrial boost, where renewable energy takes centre stage.

about 4 years ago

Environment

A.P. Moller Foundation invests $45M in zero-carbon shipping centre

The Mærsk Mc-Kinney Møller Centre for Zero Carbon Shipping has received a second donation from the A.P. Møller and Chastine Mc-Kinney Møller Foundation valued at DKK 320 million ($45 million).

about 4 years ago

Environment

Steelmaking giant enters offshore wind, green hydrogen industries

German energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany.

about 4 years ago

Environment

Are major UK oil projects at risk after windfall tax?

Operators of two major oil projects located off the UK are laying the groundwork to sanction them next year. This comes at a time when the UK government has imposed the windfall tax on oil and gas profits so the question arises as to the effects of this new tax on these projects.

about 4 years ago

Neptune joins forces with industry players to develop ‘one of the largest CCS facilities in the North Sea’

Environment

Oil players join forces to develop ‘one of the largest CCS facilities in the North Sea’

Neptune Energy has teamed up with ExxonMobil, Rosewood and EBN for the development of a CCS project in the Dutch sector of the North Sea.

about 4 years ago