The American natural gas production is expected to grow while the accelerated shift to low-carbon and green sources will reduce U.S. energy-related CO2 emissions through 2050.
Following an incident during routine maintenance, which damaged a floating storage and offloading (FSO) unit operated by a Thai subsidiary of Chevron, Thailand has ordered its navy to join the efforts being undertaken to prevent an oil spill from the vessel.
US-based marine energy company Ocean Power Technologies (OPT) has increased its net loss in the third quarter of fiscal 2023, as compared to the same period a year earlier, with revenues marking a growth.
As part of the Green Deal Industrial Plan, the European Commission (EC) has proposed new initiatives and a set of actions to scale up the manufacturing of clean technologies in the European Union (EU), including renewable hydrogen, carbon capture, and alternative fuel technologies, among others. On
Duke Energy Florida has announced that its first floating solar array pilot will begin construction later this month in Polk County.
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to Rotoboost, a Nordic hydrogen production company, for its pre-combustion Carbon Capture System (CCS) Rotobox. Rotobox uses thermocatalytic decomposition process (TCD) onboard marine vessels, where part of the natural gas fuel supply is
Nexans has completed the last pull-in of the subsea interconnector cable between the island of Crete and the Greek mainland. Nexans is in charge of the design, manufacture and installation of the 335-kilometer subsea HVDC cable system for Ariadne Interconnection, owned by Greece’s state grid operato
Four European companies have teamed up to launch an association to promote the potential and the development of osmotic energy called Osmotic Energy for the European Union (OE4EU).
Costamare, Monaco-based owner and provider of containerships and dry bulk vessels for charter, has invested $200 million in Neptune Maritime Leasing Limited, becoming the leading investor in the growth-oriented maritime leasing platform. Neptune Leasing, established in 2021 by seasoned financier Har
Equinor spent two days in court two weeks ago, tackling the court scrutiny over the development of its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador, as Ecojustice set out to overturn the government’s approval for this $12-billion project. The outcome of this chall
As part of the UK’s 2023 Spring Budget, £20 billion (nearly $24.2 billion) funding has been unveiled to scale up carbon capture and storage (CCS) projects. The energy industry sees this funding as a way to speed up decarbonisation across the UK and step up the shift towards renewables.
Infrastructure system operators GASCADE and Fluxys have highlighted the significant advantages of an offshore hydrogen backbone in the North and Baltic Seas in the ‘Specification of a European Offshore Hydrogen Backbone’ study commissioned to the classification society DNV. According to the companie
Seven new members have joined the Methane Abatement in Maritime Innovation Initiative (MAMII), launched in September 2022. New members of the Methane Abatement in Maritime Innovation Initiative (MAMII) include CoolCo, United Overseas Management, Capital Gas, Celsius Tankers, Global Meridian Holdings
Oneka Technologies, a developer of wave-powered desalination solutions, has teamed up with Canada’s Ocean Supercluster on a new project whose aim is to scale up the company’s wave energy-driven desalination technology to utility scale.
