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UK geothermal specialist wins ‘first of its kind’ study to decarbonise oil & gas extraction

Regulation & Policy

UK geothermal specialist awarded ‘first of its kind’ study to decarbonise oil & gas extraction

CeraPhi Energy has been awarded funds to carry out a decarbonisation study, aiming to repurpose offshore oil and gas wells.

about 4 years ago

More acreage for Polish player off Norway boosts its strategy for ‘diversification of gas supplies’

Regulation & Policy

Following plans to scale up gas production, Polish player secures more Norwegian acreage

PGNiG has inked a deal with Wellesley Petroleum to expand its footprint offshore Norway by acquiring a stake in an Aker BP-operated field.

about 4 years ago

The newly appointed and re-elected members of RenwableUK’s board of directors (Courtesy of RenewableUK)

Regulation & Policy

RenewableUK elects new board members

RenewableUK has announced the results of its latest board election held last month, appointing or reappointing four members to the board of directors.

about 4 years ago

Norway ramping up gas deliveries this year amid high prices

Regulation & Policy

Norway’s new estimate of gas deliveries for this year sees 8 pct increase from last year

Norway’s Ministry of Petroleum and Energy has revealed a higher estimate for gas deliveries from the fields on the Norwegian shelf in 2022.

about 4 years ago

UK to rake in over $9.6 billion in tax this year from oil & gas operators

Regulation & Policy

UK to get over $9.7 billion in tax this year from oil & gas operators, trade body says

UK oil & gas operators are expected to pay over $9.6 billion in taxes in 2021, which represents a 20-fold increase worth $346 per household.

about 4 years ago

A photo of the Ministers of Energy of Belgium, Denmark, Germany and the Netherlands and the President of the European Commission at the Port of Esbjerg

Regulation & Policy

New offshore wind targets to fuel REPowerEU green hydrogen ambitions

The 150 GW of offshore wind capacity pledged to be reached by 2050 by Belgium, Denmark, Germany, and the Netherlands under the Esbjerg Declaration, signed on 18 May at the North Sea Summit, will contribute to large-scale onshore and offshore production of green hydrogen, one of the focal points of t

about 4 years ago

Kevin Rebenius presenting before the Swedish Parliament (Courtesy of CorPower Ocean)

Regulation & Policy

CorPower Ocean goes before Swedish Parliament to spotlight wave power benefits

CorPower Ocean has spoken at the Swedish Parliament to build awareness of the future potential of wave energy amongst the nation’s policy makers.

about 4 years ago

Illustration/CorPower’s C3 wave energy device (Courtesy of CorPower Ocean/Photo by Colin Keldie)

Regulation & Policy

Ocean Energy Europe: REPowerEU as new innovation stepping stone for renewables

Ocean Energy Europe (OEE) has welcomed the European Commission’s REPowerEU initiative, which at its heart endorses a massive and accelerated roll-out of renewables.

about 4 years ago

Regulation & Policy

Hellenic Cables’ net-zero targets approved

The Science Based Targets initiative (SBTi) has approved Hellenic Cables’ near-term and long-term greenhouse gas emissions reduction targets. Hellenic Cables commits to reducing absolute scope 1 and 2 GHG emissions by 50% by 2030 from a 2020 base year, as well as the absolute scope 3 GHG emissions f

about 4 years ago

Illustration/Offshore wind farm collocated with wave energy farm (Courtesy of CorPower Ocean

Regulation & Policy

Esbjerg declaration: Industry sees wave energy as ‘natural partner’ to offshore wind and solar

The representatives of ocean energy associations have called both the Danish and Dutch governments and parliaments to also integrate wave energy in the energy strategy for the North Sea region by setting both national and regional deployment targets.

about 4 years ago

Regulation & Policy

ClassNK certifies NAPA’s data-driven voyage efficiency solutions

NAPA, a provider of maritime software, services, and data analysis, has received a key innovation certification from class society ClassNK for its data-powered voyage efficiency solutions that have been used onboard Japanese shipowner Nissen Kaiun’s vessels.

about 4 years ago

Regulation & Policy

Outpacing global regulator, EU moves to introduce carbon pricing for shipping and Ocean Fund

The European Parliament’s Environment Committee (ENVI) has voted to adopt the European Commission’s proposal to include shipping in the EU Emissions Trading System (ETS), surpassing the (in)activity of the UN maritime body, the International Maritime Organization (IMO), to introduce a similar system

about 4 years ago

Regulation & Policy

EU sets out plan to tackle double whammy of dependence on Russian fossil fuels and climate crisis

The European Commission has presented a plan on how the EU can rapidly reduce its dependence on Russian fossil fuels and fast forward the green transition.

about 4 years ago

Regulation & Policy

EU Parliament votes for EU ETS reform to combat climate change

On 17 May 2022, Members of the European Parliament (MEPs) voted in favour of amendments to the EU Emissions Trading System (EU ETS) in the Environment Committee.

about 4 years ago