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Regulation & Policy

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8th Ministerial on Climate Action; Source: COP28
Regulation & Policy

Chinese oil & gas major commits to global decarbonization initiative

PetroChina has joined the OGDC, a pledge aiming to accelerate decarbonization in the oil and gas sector worldwide.

about 2 years ago
Illustration; Source: The International Renewable Energy Agency (IRENA)
Regulation & Policy

IRENA: Tripling renewables by 2030 requires higher annual growth rate

IRENA has released Renewable Energy Statistics 2024 which claims that despite renewables becoming the fastest-growing source of power, the world risks missing the tripling renewables target pledged at COP28.

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about 2 years ago
Leviathan field; Source: NewMed Energy
Regulation & Policy

Chevron-operated Mediterranean gas field ready to get export boost show on road

Following government approval, partners in a gas field offshore Israel are expected to reach a decision on expanding its natural gas exports.

about 2 years ago
ACWA Power and Tunisian government partner up for green hydrogen project
Regulation & Policy

ACWA Power and Tunisian government partner up for green hydrogen project

ACWA Power has signed a memorandum of understanding (MoU) with the Tunisian government to explore the potential for a project that would produce up to 600,000 tonnes per year of green hydrogen in three phases, for export to Europe.

about 2 years ago
Actis-Fortescue consortium to work on large green hydrogen project in Oman
Regulation & Policy

Actis-Fortescue consortium to work on large green hydrogen project in Oman

A consortium between Actis and Fortescue has been awarded the rights to develop, build, own and operate a large green hydrogen project in Oman.

about 2 years ago
European Commission and Saudi Arabia eyeing energy cooperation
Regulation & Policy

European Commission and Saudi Arabia eyeing energy cooperation

European Commission and Saudi Arabia have held talks in view of a Saudi-EU memorandum of understanding (MoU) on energy cooperation.

about 2 years ago
James Hill, CEO of MCF Energy
Regulation & Policy

Op-ed: Hormuz blockage – A potential win for the LNG market?

A conflict-turned opportunity is what many are calling the potential blockage of Hormuz. It is a delicate dance between investor opportunity and world crisis for the second time in two years.

about 2 years ago
Marsa LNG (illustration); Source: Technip Energies
Regulation & Policy

TotalEnergies greenlights solar-powered gas project envisioned as Middle East’s first LNG bunkering hub

TotalEnergies has made a final investment decision (FID) for an LNG project in Oman, which is designed to run on solar power.

about 2 years ago
Illustration; Source: International Energy Agency (IEA)
Regulation & Policy

Fossil fuels’ 75% methane cuts by 2030 come with $170 billion price tag

A new IEA analysis emphasizes the need for more action to bring forth the required emission reductions by 2030.

about 2 years ago
Asyad
Regulation & Policy

Asyad Shipping teams up with LR on ESG reporting

Asyad Shipping, part of Asyad Group, and classification society Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first Environmental, Social and Governance (ESG) report, in line with the established Global Reporting frameworks.

about 2 years ago
Rubymar
Regulation & Policy

Sunken Rubymar presents ‘imminent danger’ to marine ecosystems

A Belize-flagged, UK-owned bulk carrier that sank in the Red Sea on March 2 after a missile attack is said to present an environmental risk that requires urgent action.

about 2 years ago
HMM Nuri
Regulation & Policy

Liner majors rally behind WSC’s GHG pricing mechanism

The World Shipping Council (WSC) is proposing a solution to the challenge of crafting a global greenhouse gas pricing regulation that encourages investment in green fuels, as the UN International Maritime Organisation works towards its target of achieving net-zero carbon emissions in the shipping in

about 2 years ago
Opinion: Can wind propulsion weather the approaching perfect storm?
Regulation & Policy

Opinion: Can wind propulsion weather the approaching perfect storm?

This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in Decemb

13 minutes read
ABS Global LNG Academy up and running in Qatar
Regulation & Policy

ABS Global LNG Academy up and running in Qatar

American Bureau of Shipping (ABS) has inaugurated a training center in Doha, Qatar, dedicated to using the latest techniques to educate marines in modern LNG vessel operations. The ABS Global LNG Academy, which is supported by state-owned energy giant QatarEnergy, is a coordinated effort with indust

about 2 years ago