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Regulation & Policy

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Illustration; Source: OMV
Regulation & Policy

Arbitration win against Gazprom enables OMV to take €230M plus interest and costs home

OMV has managed to get the upper hand in the arbitration case against Gazprom Export, a subsidiary of Russia’s gas giant Gazprom, over the latter’s alleged irregular gas supplies to Germany.

about 1 year ago
DNV: Maritime appetite for cyber risk higher than other key industries
Regulation & Policy

DNV: Maritime appetite for cyber risk higher than other key industries

The maritime sector’s appetite to take on emerging risks arising from digital transformation is notably higher than other critical infrastructure industries including energy, manufacturing and healthcare, according to a new report published by the classification society DNV.

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about 1 year ago
ECA
Regulation & Policy

Is North Atlantic the next emission control area for shipping?

Nature And Biodiversity Conservation Union (NABU), Germany’s ‘oldest and largest’ environmental association, is urging the International Maritime Organization (IMO) to establish an emission control area in the North Atlantic.

about 1 year ago
Illustration; Source: Shell
Regulation & Policy

Shell emerges victorious from battle to overturn ruling in historic climate litigation case

Shell, now headquartered in the UK and not the Netherlands as was the case during the original ruling, has welcomed its new legal win, which overturns the decision that ordered the energy giant to step up its carbon emissions reduction game.

about 1 year ago
COP29
Regulation & Policy

New initiative launched at COP29 to accelerate uptake of zero-emission fuels by 2030

At the 2024 UN Climate Change Conference (COP29) in Baku, Azerbaijan, global industry leaders have committed to increasing the uptake of zero or near-zero GHG emission shipping fuels to at least 5%, striving for 10%, by 2030.

about 1 year ago
Great Britain approves five undersea energy links, two being its first offshore hybrid assets
Regulation & Policy

Great Britain approves five undersea energy links, two being its first offshore hybrid assets

Great Britain’s energy market regulator Ofgem has approved five new undersea energy links, with two creating Great Britain’s first-ever offshore hybrid assets (OHAs), all expected to be operational by the end of 2032. The approved OHA projects include the up to 1.8 GW LionLink, which will connect Du

about 1 year ago
ESB looking into hydrogen exports from Ireland to Germany
Regulation & Policy

ESB looking into hydrogen exports from Ireland to Germany

Irish energy and utility company ESB is set to lead a study that will evaluate the production of green hydrogen and its derivatives in Ireland and the potential transportation pathways to export any excess to Germany.

about 1 year ago
IMO
Regulation & Policy

IMO ready for net-zero framework talks at COP29

The International Maritime Organization’s (IMO) Secretary-General Arsenio Dominguez will lead the specialized agency’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.

about 1 year ago
Ursula von der Leyen, President of the European Commission; Image credit: World Economic Forum
Regulation & Policy

Von der Leyen: Investment in European hydrogen to grow by 140% in 2024

Investment in European hydrogen is set to grow by 140% in 2024, according to European Commission President Ursula von der Leyen.

about 1 year ago
STAX Engineering
Regulation & Policy

EU called to unlock investments in production of clean maritime fuels

Clean Maritime Fuels Platform, an industry initiative aiming to enhance communication between the shipping sector and fuel producers, has called on policymakers to create regulatory conditions to unlock investments in the production of clean maritime fuels in the EU.

about 1 year ago
Planning application submitted for 'key element' of Scottish Pathway to 2030 investment program
Regulation & Policy

Planning application submitted for ‘key element’ of Scottish Pathway to 2030 investment program

SSEN Transmission has submitted a planning application to Aberdeenshire Council for a hub that will comprise the converter stations of the Spittal to Peterhead and the Eastern Green Link 3 links, among others, seen as a crucial component of the £20 billion Pathway to 2030 investment program in the n

about 1 year ago
Hydrogen: European Council calls for implementation of regulatory framework
Regulation & Policy

Hydrogen: European Council calls for implementation of regulatory framework

European Council has adopted conclusions on the special report of the Court of Auditors on the European Union’s (EU) industrial policy on renewable hydrogen.

about 1 year ago
GreenShipping Niedersachsen
Regulation & Policy

GreenShipping Niedersachsen secures funds to carry on with decarbonization projects

Germany’s GreenShipping Niedersachsen (GSN) Competence Center has received funding approval from compatriot NBank, allowing the center to continue its work on maritime decarbonization.

about 1 year ago
Offshore rigs
Regulation & Policy

Oil & gas license duo offshore Denmark formally changes hands following approval by Danish Energy Agency

The Danish Energy Agency (DEA) has cleared the transfer of ownership shares in two oil and gas licenses in the Danish sector of the North Sea.

about 1 year ago