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Market Outlooks

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The representatives of the core members of POS (Courtesy of TNO)
Market Outlooks

Dutch launch platform to champion offshore solar benefits

TNO, short for Netherlands Organization for Applied Scientific Research, has launched a platform that brings together core group of Dutch companies whose ambition is to accelerate development and rollout of offshore solar power.

about 3 years ago
Vincent Clerc, CEO of Maersk
Market Outlooks

Maersk expands executive team as Clerc takes over the reins

Danish container shipping major Maersk has appointed a new executive leadership team as the company kick-starts the year under the helm of Vincent Clerc as CEO. As we reported earlier, Clerc took over the reins at A.P. Moller – Maersk on January 1, 2023, following the retirement of his predecessor S

about 3 years ago
Port of Corpus Christi
Market Outlooks

DoE backs Port of Corpus Christi’s hydrogen hub advancement

The Port of Corpus Christi has been encouraged by the US Department of Energy (DOE) Office of Clean Energy Demonstration to submit a full application for its Horizons Clean Hydrogen Hub (HCH2) through the Regional Clean Hydrogen Hubs Program. The port sees itself as the prime applicant for the HCH2,

about 3 years ago
Illustration/Tidal turbines for the RITE project in New York, developed by US-based company Verdant Power (Courtesy of Verdant Power)
Market Outlooks

United States makes available additional $10M for tidal energy

The US Department of Energy (US DOE) has expanded its largest ever investment in tidal energy with additional $10 million, reserved for community-led tidal and current energy projects.

about 3 years ago
Euronav-Frontline merger
Market Outlooks

Frontline pulls the plug on the highly anticipated $4.2 bln merger with Euronav

Norwegian tanker owner and operator Frontline has terminated the combination agreement it entered into with Belgian counterpart Euronav in July 2022, the company revealed on Monday in a sudden turn of events. The stock-for-stock merger deal would have created a global oil tanker operator valued at $

about 3 years ago
America’s burning question: To drill or not for more oil & gas
Market Outlooks

America’s burning question: To drill or not for more oil & gas

Should the U.S. scale up investments in oil and gas along with the deployment of renewables and clean energy technologies?

14 minutes read
Bloom Energy to expand its footprint into Portugal and Spain
Market Outlooks

Bloom Energy to expand its footprint into Portugal and Spain

Bloom Energy, a US-based green energy company, has partnered up with Telam Partners, a senior advisory firm specialised in the financing and market entry of energy, infrastructure, and technology projects, to expand its services, which include electrolyzers and hydrogen, into Spain and Portugal. Acc

about 3 years ago
Mocean Energy's Blue X wave device being coupled with Verlume's Halo battery storage unit (Courtesy of Mocean Energy)
Market Outlooks

Partners get ready to demonstrate ‘renewables for subsea power’ solution

The partners in the innovative industry-led project that aims to demonstrate the effectiveness of renewable energy for powering subsea production systems and vehicles are getting ready to demonstrate the integrated system offshore Orkney in Scotland.

about 3 years ago
India approves National Green Hydrogen Mission
Market Outlooks

India approves National Green Hydrogen Mission

The Union Cabinet of India, chaired by PM Shri Narendra Modi, has approved the National Green Hydrogen Mission, which aims to make the country a global hub for the production, utilisation, and export of green hydrogen and its derivatives, as well as help it become energy independent while also decar

about 3 years ago
Illustration/Orbital Marine Power's 2MW tidal energy deployed offshore Scotland (Courtesy of Orbital Marine Power)
Market Outlooks

UK’s environmental committee calls for more tidal energy to ensure long-term energy security

In its latest report, the Environmental Audit Committee of the United Kingdom has called for a greater strategic focus on tidal energy, highlighting its potential to contribute to the UK’s energy security in the long term.

about 3 years ago
Norway to keep boosting Europe’s energy security with high gas exports in 2023
Market Outlooks

Norway to keep boosting Europe’s energy security with high gas exports in 2023

Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.

about 3 years ago
NYK Line president Nagasawa
Market Outlooks

NYK Line vows to clamp down on GHG footprint in the wake of Covid-19-linked emissions rise

Japanese shipping heavyweight NYK Line has voiced the need to bolster the company’s actions on decarbonization on the back of a reported rise in GHG emissions in 2022, which has been ascribed to various impacts of the COVID-19 pandemic. “Last year, the Group’s GHG emissions, unfortunately, increased

about 3 years ago
President & CEO Takeshi Hashimoto
Market Outlooks

MOL CEO: We will transport LNG from Russia as long as we can

Japanese shipping heavyweight Mitsui O.S.K. Lines plans to resume energy transport business, mainly of LNG, from Russia as long as possible, the company’s President & CEO Takeshi Hashimoto said in a New Year’s address. “Disruptions in supply chains, soaring energy and grain prices, global inflation,

about 3 years ago
UAE’s oil & gas giant earmarks $15 billion for decarbonisation
Market Outlooks

UAE’s oil & gas giant earmarks $15 billion for low-carbon projects

To scale up its decarbonisation efforts by 2030, ADNOC has hammered out a multi-year action plan, allocating $15 bln for low-carbon projects.

about 3 years ago
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