With legal action over climate risk looming on the horizon, Shell denies allegations made against its board, vowing to oppose the derivate claim application.
Equinor has more than doubled its annual profit in 2022, setting a new record driven by higher energy prices and growing demand.
Montenegro’s Minister of Finance, Aleksandar Damjanović, and representatives of the United States (US) Department of State have discussed the economic relations between the two countries with an emphasis on cooperation in the field of energy, agreeing to take action in regard to the Bar LNG terminal
Global data analytics firm Xeneta has launched a campaign to rank the environmental performance of carriers across the world’s top 13 shipping trades. The firm is using the Carbon Emissions Index (CEI), a tool developed by Xeneta and Marine Benchmark, to evaluate carriers’ emissions levels in the ma
Maritime and Port Authority of Singapore (MPA) has decided to discontinue the 50% harbour craft port dues concession which was launched in 2021 for floating storage units (FSUs) / floating storage regasification units (FSRUs) supporting LNG bunkering and breakbulk activities in port. The discontinua
Marine insurance provider Skuld has signed the Poseidon Principles for Marine Insurance, a global framework for assessing and disclosing the climate alignment of insurers’ hull and machinery portfolios. The framework is aimed at enabling the insurance sector to implement transparency and establish a
Norwegian state-owned energy giant Equinor has made a new commercial oil and gas discovery in the North Sea off Norway, using a Transocean-owned rig.
UK energy market regulator Ofgem has granted electricity interconnector licenses for three energy links that will connect the UK with three countries in the European Union.
Swedish electrofuel developer Liquid Wind has submitted an application seeking an environmental permit for its second commercial-scale green electrofuel facility FlagshipTWO, located in Sundsvall. Liquid Wind has applied for the environmental permit for the 100,000-ton FlagshipTWO at the Land and En
Timothy Halman, Minister of Environment and Climate Change, Government of Nova Scotia, has issued an environmental approval to EverWind Fuels, developer of green hydrogen and ammonia production, for the initial phase of the $6 billion, 1 million tonnes per annum green hydrogen and green ammonia proj
With the closing of the general direction for the project, Singapore’s Jadestone Energy has made a significant step towards wrapping up the remaining works for an FPSO operating on a field in the Timor Sea off Australia and restarting production from this field later this month.
Offshore Energies UK (OEUK) has warned that the calls for new windfall taxes on energy producers’ global profits are misleading.
The Australian Petroleum Production & Exploration Association (APPEA) has called on the Federal Government to consider adding investment in new gas supply and emissions reduction measures in the 2023-24 Federal Budget, as well as to set up a national carbon capture utilization and storage (CCUS) roa
French-headquartered energy giant TotalEnergies has been awarded two offshore licenses to explore CO2 storage potential in the Danish North Sea.
