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Outlook & Strategy

GAC, Neutral Fuels ink MoU to speed up decarbonisation

Marine services provider GAC Bunker Fuels has signed a Memorandum of Understanding (MoU) with biofuel producer Neutral Fuels to market its marine gas oil (MGO) diesel blend specifically developed for shipping clients in the United Arab Emirates (UAE), Bahrain, Oman, Qatar, and India.

about 4 years ago

COp26 - Courtesy of Extinction Rebellion

Outlook & Strategy

COP26 ends with ‘weak and compromised’ line on phasing down fossil fuels

After two weeks of intense negotiations, COP26 closed over the weekend and the final outcome is a document known as the Glasgow Climate Pact.

about 4 years ago

GlobalData: Pakistan to increase LNG regasification capacity through 2025

Outlook & Strategy

GlobalData: Pakistan to add to LNG regasification capacity through 2025

Pakistan will register significant LNG regasification capacity additions in Asia between 2021 and 2025, according to the analytics company GlobalData.

about 4 years ago

Outlook & Strategy

In focus: COP26 shows world a glimpse of how it could be

In this week’s In Focus, we put spotlight on COP26 and energy transition updates which include biggest polluters pledging to joint action against climate change, oil majors joining forces for decarbonisation of energy and industry, and governments proposing phasing out coal and fossil fuel subsidies

about 4 years ago

Outlook & Strategy

Green corridors to simplify zero-emission shipping challenges, study suggests

A new study, produced for the Getting to Zero Coalition, an initiative for accelerating international shipping decarbonisation, has shown that developing green corridors can help simplify the challenges of zero-emission shipping.

about 4 years ago

Outlook & Strategy

R&D investments to shape future of shipping

Shipping industry players have warned that lack of investment in developing green technologies is the biggest threat to achieving decarbonisation targets.

about 4 years ago

Outlook & Strategy

Suez Canal dues for transiting ships set to rise

The Suez Canal Authority has decided to increase canal dues by six per cent for the year 2022, except for LNG carriers and cruise ships.

about 4 years ago

Outlook & Strategy

Aramco accepts climate change challenge and joins net-zero by 2050 race

Aramco has revealed its goal to achieve net-zero for Scope 1 and Scope 2 greenhouse gas (GHG) emissions across its operations by 2050.

about 5 years ago

Outlook & Strategy

Saudi Arabia sets new green objectives pledging to reach net-zero by 2060

Ahead of the UN COP26 summit in Glasgow, Saudi Arabia disclosed its aim to reach net-zero greenhouse gas emissions by 2060.

about 5 years ago

UK Prime Minister Boris Johnson - energy transition

Outlook & Strategy

In focus: UK gets the ball rolling on cutting emissions with net-zero strategy launch

Reports on efforts to decarbonise the oil & gas and the shipping sector continue to hit the headlines as the energy transition gathers speed.

about 5 years ago

Photo showing South Korea’s ‘K-OTEC1000’ floating OTEC plant deployed in 2019 (Courtesy of IEA-OES)

Outlook & Strategy

IEA-OES publishes whitepaper on OTEC for policy makers and developers

Ocean Energy Systems (OES), a technology collaboration programme within the International Energy Agency (IEA), has released a whitepaper on ocean thermal energy conversion (OTEC) providing an overview of the technology and discussing the importance of its widespread adoption.

about 5 years ago

Outlook & Strategy

QatarEnergy and Shell team up for hydrogen solutions

Qatar’s state-owned oil and gas company QatarEnergy and energy major Shell have signed an agreement for joint investments in blue and green hydrogen projects in the UK.

about 5 years ago

Saad Sherida Al-Kaabi; Source: Qatar Petroleum, now Qatar Energy

Outlook & Strategy

In focus: Energy transition reels in more oil & gas majors as coal power producer enters offshore renewables market

Another week has gone by not leaving us wanting on energy transition developments, as several updates on renewable energy, clean fuels, decarbonisation, and net-zero strategies made headlines – most notably those from the traditionally fossil fuel-oriented players.

about 5 years ago

Outlook & Strategy

Green hydrogen fuels to decarbonise 80% of global shipping

A rapid replacement of fossil fuels with renewable fuels based on green hydrogen and advanced biofuels could enable to cut up to 80% of CO2 emissions attributed to international maritime shipping by mid-century, a new report by the International Renewable Energy Agency (IRENA) finds.

about 5 years ago