As the UK gets ready for an oil & gas licensing round, activists have devised roadblocks, demanding a halt to new fossil fuel projects.
Countries should work harder to develop interconnections for renewable energy, allowing multiple nations to share larger production capacity and build stronger markets, according to a new report from a new group aiming to reshape major charter markets and accelerate the development of green fuels an
Mitsui & Co., Ltd., Mitsui & Co. Energy Trading Singapore Pte. Ltd. (METS), Maersk Oil Trading, a part of A.P Moller – Maersk, and American Bureau of Shipping (ABS) have agreed to jointly conduct a detailed feasibility study of methanol bunkering logistics in Singapore. The participants intend to in
Argeo has entered into a five-year bareboat contract for Argeo Searcher, with an option to purchase the vessel for $2 million after 12 months and $1 million after 27 months. Argeo Searcher, formerly known as Ocean Pearl, will operate in the North and South America (NSA) and West Africa (WA) energy m
TotalEnergies Marine Fuels has marked a milestone in its liquefied natural gas (LNG) bunkering supply network with a naming ceremony of the Brassavola LNG bunker vessel in Singapore. The ceremony was held at Sembcorp Marine’s Tuas Boulevard Yard, marking a step closer to commencing TotalEnergies’ LN
Japanese shipping major Mitsui O.S.K. Lines (MOL) has become a member of the Blue Visby Consortium which aims to reduce greenhouse gas (GHG) emissions from vessels by developing a digital technology-based platform.
Nearshore wave energy technology developer AW-Energy has received certification from the global classification society DNV, confirming the company’s compliance with international standards.
Shearwater GeoServices is set to deliver the next-generation deepwater dual ROV ocean bottom node (OBN) deployment vessel to the industry. The vessel, under Shearwater ownership and management, is expected to be available to clients early in the second quarter of 2023 following the conversion of the
Energy services provider Petrofac has won its first new energy-focused project in Chile, supporting Transitional Energy Group (TEG), a privately-owned group of companies, on their Gente Grande green ammonia project. Petrofac will support TGE as the owner’s engineer on the project located at a coasta
DEME has taken the decision to invest in a new DP fallpipe vessel by purchasing and converting a bulk carrier, as part of its commitment to rejuvenate its fleet for the offshore energy industry. DEME has signed an agreement with Singapore’s Pax Ocean Shipyards and the vessel will enter the yard in l
The agreement on CO2 transport and storage signed in September 2022 between Denmark, Belgium and the region of Flanders has the potential to create a European internal market for maritime transport of CO2, according to Danish Shipping.
Swedish-Israeli wave energy company Eco Wave Power has released financial results for the first half of 2022, marking a significant rise in net financial income due to foreign exchange differences.
Natural gas markets are expected to remain tight well into next year as Russia keeps curtailing natural gas flows to Europe which has pushed international prices to new highs, disrupted trade flows and led to fuel shortages, International Energy Agency (IEA) finds in its latest report. According to
The Netherlands-based terminal operator APM Terminals and Jordan-backed Aqaba Development Cooperation (ADC) have signed a memorandum of understanding for a 15-year extension of their partnership in the Aqaba Container Terminal (ACT), paving the way for making the facility zero emission.
