When it comes to the energy transition, we have already seen that the first-mover advantage is there.
DNV has warned in its energy transition report that electrification will not be enough to meet the global net-zero target of the Paris Agreement.
Shipowners are enjoying a cash-rich period despite coronavirus challenges and continue investing in new vessels.
Costly environmental regulations recently introduced by the UN maritime body International Maritime Organization (IMO) are among the main factors for increased ship demolitions this year.
Boosting offshore renewables will accelerate the energy transition and allow G20 countries to build a resilient and sustainable energy system, a new report by the International Renewable Energy Agency (IRENA) has found. The report has also outlined specific courses of action to make this happen.
The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.
State-backed energy holding company Abu Dhabi National Energy Company PJSC (TAQA) and port operator Abu Dhabi Ports revealed plans to develop an industrial scale green hydrogen to ammonia export project in Abu Dhabi.
The Abu Dhabi National Oil Company (ADNOC) and Japan’s INPEX, JERA and JOGMEC will explore the commercial potential of producing and transporting clean ammonia to Japan.
There is a reason why we speak of energy transition instead of energy revolution. It is a process in which we gradually phase out fossil fuels
Global petrostates can forget trillion-dollar from oil & gas tax revenues as the accelerating energy transition bites, Rystad Energy said.
A historic ruling has shaken the energy market this week after a Dutch court ordered oil major Shell to reduce its carbon emissions by 45 per cent by 2030 compared with 2019 levels. The decision was delivered in connection with a climate change case filed against Shell in 2019 by Dutch environmental
The energy transition represents $14 trillion worth of uncertainty for upstream oil and gas, according to a new report by energy intelligence group Wood Mackenzie.
Market research provider and consultancy Westwood Global Energy Group has estimated that 30 floating, production, supply, and offloading (FPSO) vessels will become available by the end of 2022.
Shipping is one of the few transport modes that does not achieve zero emissions in the Net‐Zero Emissions by 2050 Scenario, released by the International Energy Agency (IEA). The agency ascribed this to a lack of available low‐carbon options on the market and the long lifetime of vessels (typically
