Renewable energy company Sun Cable has signed a Letter of Intent (LoI) with an Australian critical minerals company for the potential offtake of renewable electricity from the planned Australia-Asia PowerLink (AAPowerLink) project. Under the one-year non-binding LoI, Sun Cable will progress commerci
Wintershall Dea has received consent from the country’s offshore safety regulator for exploration drilling in the Norwegian Sea.
North American FortisBC Energy and FortisBC have received approval from the British Columbia Utilities Commission to invest more than $155 million into conservation and energy efficiency programmes in 2023. According to FortisBC, the majority of the funds, $141 million, are earmarked to support gas
dCarbonX has been awarded a gas storage licence in the East Irish Sea by the UK’s regulator, North Sea Transition Authority (NSTA).
The EU-SCORES project, focused on developing energy multi-use parks incorporating different offshore renewable energy sources at one site, has received an official go-ahead from the European Climate, Infrastructure and Environment Executive Agency (CINEA).
The UK government is seeking views on introducing contracts for difference (CfD) reforms, which could reward applicants for including wider benefits their projects could bring when submitting price bids to government for their low-carbon electricity.
Canadian company Oneka Technologies has announced the opening of its subsidiary in Chile, following the successful demonstration of its wave energy-powered desalination technology in the country.
Two multi-purpose interconnector projects that were supposed to link the UK and Norway have been deemed unable to meet the eligibility criteria and have therefore been paused, according to UK energy market regulator Ofgem.
The G7 Ministers on Climate, Energy, and Environment have called for the shipping industry to achieve GHG-zero emissions by 2050. The goal is much more ambitious that the current one set by the International Maritime Organization (IMO) under which the shipping industry aims to reduce its emissions b
The Maritime and Port Authority of Singapore (MPA) and Shell Eastern Trading Pte Ltd (Shell) signed a memorandum of understanding (MoU) to expand collaboration on the maritime decarbonisation efforts in Singapore. As part of the five-year MoU, MPA and Shell will work to advance the adoption of elect
Qatar’s state-owned energy giant QatarEnergy and Namibia’s Ministry of Mines and Energy have signed a Memorandum of Understanding (MoU) with the aim of strengthening cooperation in the energy sector. The MoU, said to pave the way for continued cooperation, covers areas such as knowledge sharing, wor
Zenith Energy is working on getting its hands on a production sharing contract (PSC) for a block containing an oilfield off Benin.
Recent report about the impact of oil spills on UK waters is bound to spur further calls to end offshore drilling while targeting the Rosebank project.
Onboard carbon capture, utilisation, and storage (OCCUS) has emerged as one of the promising short-term measures shipping can implement for existing vessels to cut carbon emissions. According to a new report by Lloyd’s Register, OCCUS has a high technology readiness level, however, its investment re
