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Outlook & Strategy

‘First of its kind’: Swedish hydrogen gas storage facility up and running

A pilot facility for the storage of fossil-free hydrogen gas, described as the first of its kind in the world, is now in operation in Luleå, Sweden. The HYBRIT pilot facility is owned by a Swedish trio comprising of state-owned power company Vattenfall, iron ore producer LKAB and steel company SSAB.

about 4 years ago

Outlook & Strategy

World’s first offshore green hydrogen production platform inaugurated in France

French green hydrogen technology developer Lhyfe, together with its partners, has inaugurated the world’s first offshore renewable hydrogen platform in France.

about 4 years ago

Outlook & Strategy

Renewable energy jobs remain resilient with 12.7 million employed globally

Worldwide renewable energy employment reached 12.7 million last year, a jump of 700,000 new jobs in one year, according to a new report by International Renewable Energy Agency (IRENA).

about 4 years ago

Outlook & Strategy

Mission Possible maps path to decarbonise carbon-intensive industries

More than 200 industry leaders have endorsed strategies from the Mission Possible Partnership (MPP) to decarbonise some of world’s hardest-to-abate, carbon-intensive industries in this decade.

about 4 years ago

Outlook & Strategy

UK confirms new oil & gas licensing round and lifts shale ban

The UK government has lifted the moratorium on shale gas production in England and confirmed its support for a new oil and gas licencing round.

about 4 years ago

Outlook & Strategy

DNV greenlights SBM Offshore’s ammonia terminal

Classification society DNV has awarded approval in principle (AiP) to SBM Offshore, the Dutch-based provider of floating production solutions to the offshore energy industry, for its ammonia terminal. The approval was awarded to SBM Offshore and Imodco for the Imodco ammonia catenary anchor leg moor

about 4 years ago

Integrated wave energy and subsea storage solution layout (Courtesy of Mocean Energy)

Outlook & Strategy

Tripartite agreement in place for emerging subsea clean energy market

Baker Hughes, Mocean Energy, and Verlume have signed a triparty memorandum of understanding (MoU) for collaboration on integrated wave energy and subsea energy storage solutions for the emerging subsea clean energy market.

about 4 years ago

Outlook & Strategy

NextChem to develop first waste to hydrogen plant as part of hydrogen IPCEI project

NextChem, a subsidiary of an international industrial group Maire Tecnimont S.p.A, has been assigned a €194 million grant for the development of a waste-to-hydrogen plant as part of the IPCEI Hy2Use project. As explained, the project sets up what is said to be the first industrial-scale technologica

about 4 years ago

Outlook & Strategy

New carbon-neutral sea route between Stockholm and Turku in the making

A new project has been launched in Finland to develop a carbon-neutral “green corridor” between Turku and Stockholm through which cargo and passengers can travel.

about 4 years ago

Outlook & Strategy

New hydrogen projects achieve record numbers; investments must triple to $700 bln by 2030 to hit net-zero target, report shows

Hydrogen projects have reached record numbers globally as 680 large-scale projects were announced, which is an increase of 50% since November 2021. However, investments in hydrogen must triple by 2030 in order to achieve the global 2050 net-zero target, says a new report published by the Hydrogen Co

about 4 years ago

Outlook & Strategy

Leviathan, German Naval Yards aim to be the powerhouse of EU green ship recycling

Germany-based green ship recycling centre Leviathan will collaborate with local shipyard German Naval Yards on facilitating green and sustainable ship recycling.

about 4 years ago

Outlook & Strategy

Eni seeks approval for CCS project in depleted North Sea field and sets up net-zero initiative

Following a license application for a CCS project in a depleted North Sea field, Eni has revealed the creation of a net-zero initiative.

about 4 years ago

Outlook & Strategy

EC approves up to €5.2 billion funding for second hydrogen IPCEI

The European Commission (EC) has approved IPCEI Hy2Use, the second Important Project of Common European Interest (IPCEI) in the hydrogen value chain. The project will receive up to €5.2 billion in public funding from thirteen member states. The project involves 29 companies and 35 projects from thir

about 4 years ago

UMACK anchor ahead of installation in northern Portugal (Courtesy of CorPower Ocean)

Outlook & Strategy

First commercial-scale UMACK anchor hits seabed off Portugal ahead of wave device installation

CorPower Ocean, Maersk Supply Service and Dieseko have installed the first commercial-scale UMACK anchor to support the HiWave-5 wave energy demonstration project.

about 4 years ago