Outlook & Strategy

OMV’s revamped brand identity puts focus on sustainability
OMV has revealed a new brand identity highlighting sustainability embodying the company’s ambition to become net-zero by 2050.

Everfuel eyes up to 2 GW of green hydrogen production in Denmark
Everfuel has submitted a project proposal for the phased development of up to 2 GW of green hydrogen production capacity in Denmark.

SLB closes joint venture with Norwegian carbon capture company
American oilfield services company SLB and Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) have completed their previously announced joint venture, which includes ACC’s sale of 80% of its shares in Aker Carbon Capture Holding (ACCH) to a subsidiary of SLB. It was announced in Ma

Two UK firms forge ties to drive innovation in offshore wind cables
UK companies 2H Offshore and Vekta Group have established a strategic partnership aimed at driving innovation in high-voltage cables for offshore wind developments. London-headquartered 2H provides structural, hydrodynamic, geotechnical engineering and related digital and integrity services for fixe

Smoltek: We have technology to make green hydrogen production profitable
Swedish Smoltek Nanotech Holding has developed a technology that the company claims will make the production of green hydrogen profitable.

TotalEnergies and Air Products ink 15-year green hydrogen supply deal
TotalEnergies and Air Products have signed a 15-year agreement for the annual supply of 70,000 tons of green hydrogen starting in 2030.

Biofuels accelerate UECC’s decarbonization journey
Norway-based RoRo transportation provider United European Car Carriers (UECC) said it is on track to exceed its goal of a 45% emissions reduction by 2030 after more than doubling biofuel usage across its fleet last year.

Green Marine and Vopak to collaborate on green methanol supply
Green Marine Fuels Trading has forged a strategic collaboration with Royal Vopak Terminals for green methanol supply in the ports of Shanghai Caojing and Tianjin Lingang, China.

NatPower H and Hydrocell conclude hydrogen supply deal
NatPower H and Hydrocell have signed an agreement for the supply of hydrogen to be used as a propellant for zero-emission boats.

Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon
Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investme

TES, K Line to support e-NG uptake in shipping
Tree Energy Solutions (TES), a Belgium-based producer of electric natural gas derived from green hydrogen (e-NG), and Japanese shipping company Kawasaki Kisen Kaisha (K Line) have teamed up to accelerate the adoption of e-NG and ‘lead’ the transition towards net-zero greenhouse gas emissions in the

‘Key milestone’ keeps Scottish subsea links on track for energization in 2030
SSEN Transmission and Hitachi Energy have signed initial work contracts for pre-construction work related to two Scottish subsea links, ensuring the projects remain on track for commissioning in 2030. The companies secured another key milestone in their partnership to provide a high voltage direct c

Houlder presents methanol bunkering vessel design for SPINE maritime project
Houlder has announced progress in its involvement in the SPINE maritime project, with the design of a 10,000 cbm methanol bunkering vessel.

Ammonia cuts shipping GHG emissions by up to 61%, study says
An independent study, commissioned by SGMF, has revealed that GHG reductions of up to 61% are now achievable from using ammonia as a marine fuel.