UK’s BEIS has published key documents relating to the pot structure and administrative strike prices for renewable energy projects in the fifth round of contracts for difference (CfD), while also launching the consultation that will shape the next ones.
Out of the 28 financial institutions reporting their emissions data in the third edition of the Poseidon Principles Annual Disclosure Report 2022, seven banks are aligned with the IMO’s ambition of halving shipping’s GHG emissions by 2050. The Poseidon Principles are a global framework for assessing
Two newbuild liquefied natural gas (LNG) carriers built for exclusive use by Polish ORLEN Group are being prepared to enter service in early 2023. The two vessels ordered by PGNiG Supply & Trading, an ORLEN Group company specialising in LNG trading, were named “Lech Kaczyński” and “Grażyna Gęsicka”
Petronas has entered into a heads of agreement (HOA) with JX Nippon for a cluster of fields located offshore Peninsular Malaysia.
Eco Wave Power has delivered it wave energy conversion unit, previously deployed in Gibraltar, to AltaSea at the Port of Los Angeles in the United States.
The Dutch Ministry of Economic Affairs and Climate Policy (EZK) is now actively looking into the build-out of offshore wind beyond 2030, as well as into offshore energy hubs, offshore hydrogen production and reuse of gas pipelines for hydrogen transport. The EZK is currently working on a comprehensi
The US Department of Energy’s (DOE) Water Power Technologies Office (WPTO) has launched a $10.5 million call for new marine energy projects, expected to advance the research and development of this renewable energy industry.
Norwegian shipping company Stolt–Nielsen Limited has joined the critics of the International Maritime Organization’s (IMO) Carbon Intensity Indicator (CII), which comes into force in January 2023. The company explained why the CII is causing headaches for the chemical tanker segment and may even pro
The Finnish government, represented by the Ministry of Economic Affairs and Employment (MEAE) and Meyer Turku Oy, has signed a deal with the US-based cruise major Royal Caribbean Group on sustainable shipbuilding in Finland. The parties signed a maritime declaration that lays the groundwork for the
A consortium of international partners has launched a new project that aims to establish a hydrogen export route from Scotland to Rotterdam via liquid organic hydrogen carrier (LOHC). The project named LOHC for Hydrogen Transport from Scotland (LHyTS) seeks to demonstrate that LOHC, in the form of m
Malaysian oil and gas company Petronas has teamed up with Italian energy company Eni and Japan’s biotechnology firm Euglena to explore an opportunity for biorefinery development in Malaysia. On 14 December, the three companies announced their intention to jointly study the possibility of developing
If Korea, the leading shipbuilder in the world, fails to rapidly embrace the clean energy transition in ocean shipping, it risks losing its foothold and dominance in the shipping and shipbuilding industries, a newly issued report says. The report was developed by Solutions for Our Climate (기후솔루션) an
Israel’s NewMed Energy has inked deals for the natural gas and oil exploration and production activities in a license off Morocco.
Fluxys LNG, a part of Belgian natural gas transmission operator Fluxys, has decided to provide additional LNG slots at the Zeebrugge LNG terminal. With an intention to ensure increased LNG supply into Europe, Fluxys will be offering 13 additional primary slots to unload, store and regasify LNG cargo
