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Low-Carbon Transition

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Illustration; Source: International Energy Agency (IEA)
Low-Carbon Transition

Green shift in 2024: Fossil fuels to top $1 trillion but lion’s share of energy investment going to clean power

Clean energy technologies and infrastructure are poised to hit $2 trillion in 2024, which is double the amount going to coal, oil, and gas.

about 2 years ago
Hugin A living quarter was safely moved out from the fabrication hall; Source: Aker BP
Low-Carbon Transition

WATCH: Giant North Sea platform beginning to take clear shape

Aker BP has welcomed the progress made in constructing its new platform, with pieces on track to start falling into place over the next few weeks to enable it to acquire a more distinct form.

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about 2 years ago
UK oil & gas player pursuing CO2 storage license in Greece
Low-Carbon Transition

UK oil & gas player pursuing CO2 storage license in Greece

EnEarth, a subsidiary of the London-based oil and gas company Energean, has submitted a formal application to the Hellenic Hydrocarbons and Energy Resources Management Company (EDEYEP) for a CO2 storage license in Greece. The application seeks to obtain approval for the suitability as a CO2 storage

about 2 years ago
Northern Lights carbon storage and transport project in Norway (for illustration purposes); Source: Equinor
Low-Carbon Transition

EU’s exit from embattled fossil fuel-loving treaty in the home stretch: New dawn breaking over 20-year sunset clause

The final push toward withdrawal the EU has taken to severe its Energy Charter Treaty (ECT) ties in a year is perceived as the right path to unleashing its green agenda.

about 2 years ago
Illustration; Source: Westwood
Low-Carbon Transition

Embracing key tools to navigate overlapping oil & gas, offshore wind, and carbon storage areas

Co-location conflicts between oil and gas projects, offshore wind farm developments, and carbon capture and storage (CCS) undertakings have emerged as an issue in the United Kingdom (UK).

about 2 years ago
Congo FLNG; Source: Eni
Low-Carbon Transition

Construction of second Congo-bound FLNG progressing on course for start-up next year, Eni says

Eni has confirmed that the building works related to a new 2.4 million tonnes per year (mtpa) FLNG unit are moving forward in line with its timeline.

about 2 years ago
Illustration; Source: Norwegian Ministry of Energy
Low-Carbon Transition

Oil & gas players get their hands on CO2 storage licenses in North Sea

Three companies have confirmed the award of new CO2 storage licenses as part of the sixth call launched by Norway’s Ministry of Energy.

about 2 years ago
N05-A platform designed to be powered by offshore wind; Source: ONE-Dyas
Low-Carbon Transition

Court rules coast is clear for North Sea gas project: Will it be smooth sailing from here on?

Has a natural gas development in the North Sea finally managed to catch a break with calm seas and fair winds ahead or is this wishful thinking given the hard stance climate activities have taken on the project?

about 2 years ago
Pioneering Spirit (for illustration purposes); Source: Allseas
Low-Carbon Transition

Activists’ game plan for deep sea mining ban turns up the heat on Allseas to cease its pursuits

Allseas has been urged to abandon further technological development of giant mining machines due to the allegedly harmful consequences their use will have.

about 2 years ago
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters; Source: Aker Solutions
Low-Carbon Transition

Legal storm to hit Rosebank as UK’s historic ruling brings emissions from burning oil & gas into play

The ink is not even dry yet on a recent court ruling but it has sparked excitement about resuming a legal battle against Rosebank, said to be the largest undeveloped oil field in British waters.

about 2 years ago
Two out of four CO2 storage licenses awarded offshore Norway going to Equinor
Low-Carbon Transition

Two out of four CO2 storage licenses awarded offshore Norway going to Equinor

The Norwegian Ministry of Energy has awarded four new exploration licenses related to CO2 storage on the Norwegian Continental Shelf (NCS) to six companies as part of the sixth call for CO2 storage on the NCS. The exploration licenses are located in the North Sea, with two offered to Equinor, one to

about 2 years ago
Sune Scheller, Greenpeace's Campaign Manager, participated in three of the protests covered by the lawsuit, including the action related to the SCF Baltica oil tanker on March 19, 2022; Credit: Will R
Low-Carbon Transition

Denmark challenges Greenpeace to a fight in court over protests hindering transit of Russian oil

Greenpeace is facing legal action in Denmark, which the Danish state set in motion in a crackdown on protests the group embarked on in 2022.

about 2 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Low-Carbon Transition

Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).

about 2 years ago
Illustration; Source: Pavilion Energy
Low-Carbon Transition

Shell broadens its LNG horizons by taking over Singapore player active in Europe and Asia

Shell has set the wheels in motion to scale up its LNG portfolio with the acquisition of Singapore-based Pavilion Energy.

about 2 years ago