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CalWave’s x1 wave energy pilot device (Courtesy of CalWave Power Technologies)

Outlook & Strategy

CalWave joins United Nations carbon-free energy movement

CalWave Power Technologies, a California-based developer of wave energy technologies, has joined the 24/7 Carbon-Free Energy Compact, a community that works to provide clean energy for all – powered by sustainable solutions.

about 3 years ago

Outlook & Strategy

CF Industries and POSCO sizing up U.S.-based clean ammonia production with offtake into South Korea

U.S. ammonia producer CF Industries Holdings and South Korea’s steelmaking and energy trading company POSCO Holdings have announced that they are evaluating a joint venture to construct a low-carbon clean ammonia plant at CF Industries’ Blue Point Complex in Ascension Parish, Louisiana, U.S., along

about 3 years ago

Illustration; Source: International Energy Agency (IEA)

Outlook & Strategy

Projections of peak oil, gas, and coal demand before 2030 deemed ‘extremely risky and impractical’

OPEC, a permanent intergovernmental organisation of 13 oil-exporting developing nations that coordinates and unifies the petroleum policies of its members, is convinced that the recent assertions about the fossil fuels – coal, oil, and gas – demand peaking before 2030 are not supported by “consisten

about 3 years ago

Outlook & Strategy

21 carbon storage licenses awarded in UK’s landmark licensing round

A total of 14 companies have been awarded 21 licenses in the UK’s first-ever carbon storage licensing round – said to have the potential to store almost 10% of UK greenhouse gas emissions. The North Sea Transition Authority (NSTA) announced on 15 September that 14 companies had accepted licenses in

about 3 years ago

MOWT hydrokinetic turbine concept (Courtesy of MWNW Consulting/Rivtide Power)

Outlook & Strategy

Rivtide Power grabs six-figure Scottish Enterprise grant for tidal energy tech

Rivtide Power, a subsidiary of MWNW Consulting, has been awarded a £100,000 SMART: SCOTLAND feasibility study grant by Scottish Enterprise to further develop its tidal energy technology.

about 3 years ago

Outlook & Strategy

Construction starts on Maersk’s EUR 380 mln state-of-the-art terminal in Rijeka

A momentous occasion in the history of the Port of Rijeka, Croatia, unfolded on Wednesday, September 13, as the ground-breaking ceremony officially marked the commencement of construction for the highly anticipated Rijeka Gateway terminal. Destined to become the most advanced and remote-controlled c

about 3 years ago

Outlook & Strategy

ConocoPhillips books regasification capacity at Gate LNG terminal

U.S. energy major ConocoPhillips has signed a long-term commercial agreement to secure additional regasification capacity in Europe at the Gate LNG terminal in the Netherlands. The 15-year throughput deal for approximately 1.5 million tons per annum (mtpa) or 2 bcm equivalent is expected to begin in

about 3 years ago

Outlook & Strategy

HMM claims impressive 24 pct GHG emissions cut in biofuel trial

South Korea’s flagship carrier HMM is accelerating its use of alternative fuels in line with the company’s decarbonization efforts. The company, which is currently undergoing a privatization process, has carried out a trial use of a sustainable marine biofuel on its 6,400TEU containership HMM Tacoma

about 3 years ago

Outlook & Strategy

Monjasa launches biofuel supply in Latin America

Monjasa, one of the world’s top 10 marine fuels suppliers, is charting a course toward a sustainable and scalable biofuel solution for the maritime sector in Latin America. As the International Maritime Organization (IMO) sets its sights on full decarbonization of the shipping industry by 2050, drop

about 3 years ago

NKT hits 'important milestone' in its net-zero emissions journey

Outlook & Strategy

NKT hits ‘important milestone’ in its net zero journey

Denmark-headquartered power cable company NKT has received approval from the Science Based Targets initiative (SBTi) for its near-term decarbonization targets, said to represent an important step towards becoming a net-zero emissions company by 2050. NKT Cables Group commits to reducing its absolute

about 3 years ago

Outlook & Strategy

OCI inks green H2 supply deal with NFE to boost its green NH3 production

Dutch producer and distributor of hydrogen-based products OCI Global and U.S. energy company New Fortress Energy (NFE) have signed an agreement for OCI to offtake green hydrogen from NFE’s ZeroParks beginning in 2025, following a competitive bidding process. OCI said that green hydrogen will be prod

about 3 years ago

World's first methanol-powered boxship (Courtesy of A.P. Moller-Maersk)

Outlook & Strategy

Maersk CEO: 19 out of 25 green methanol-fuelled containerships already in production

Maersk, a pioneering force in the shipping industry, is well on its way to completing its ambitious newbuilding program comprising 25 ships powered by green methanol. Speaking at today’s historic naming ceremony for its first methanol-powered ship, Vincent Clerc, CEO of A.P. Moller Maersk, revealed

about 3 years ago

Outlook & Strategy

PtX production of green fuels is possible on Bornholm, EU-funded study says

An EU-supported feasibility study, led by Port of Roenne and a number of local and national actors, including the Regional Municipality of Bornholm, Ramboll, Topsøe, Ørsted, BEOF and DTU, has revealed that there is a basis for producing green fuels on Bornholm, Denmark. The results came after a year

about 3 years ago

Outlook & Strategy

Aquanaut subsea robot gets to work for Shell

Nauticus Robotics, a U.S.-based developer of ocean robots and artificial intelligence for autonomous services to the offshore industries, has entered into a service contract with energy giant Shell for the use of its subsea robot. The initial scope of work covers inspection services on Shell’s subse

about 3 years ago