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Regulation & Policy

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Illustration; Source: Offshore Energies UK (OEUK)
Regulation & Policy

Will Great Britain unlock offshore energy opportunities worth hundreds of billions?

Policymakers have been urged to put supportive policies and competitive taxes in place to enable the UK to seize domestic energy opportunities.

about 2 years ago
New guidance to aid North Sea industry in managing CO2 storage sites
Regulation & Policy

New guidance to aid North Sea industry in managing CO2 storage sites

UK regulator North Sea Transition Authority (NSTA) has published two sets of guidance expected to help the industry prepare for first carbon storage injection. The UK Government last year set out its vision for the carbon storage industry pledging up to £20 billion investment and suggesting that it

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about 2 years ago
NSTA's plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight
Regulation & Policy

NSTA’s plan to reduce UKCS greenhouse gas emissions puts electrification in the spotlight

UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach

about 2 years ago
Courtesy of the European Commission; Credit: Mauro Bottaro
Regulation & Policy

Boost for hydrogen industry as European Commission okays €900 million French scheme

The European Commission has approved a €900 million French scheme to support companies investing in the use of biomass and renewable hydrogen in energy and fuel production.

about 2 years ago
Another UK subsea electricity superhighway presses ahead
Regulation & Policy

Great Britain’s longest-ever subsea connection presses ahead

UK energy market regulator Ofgem has given provisional regulatory approval for the Eastern Green Link 2 (EGL2) subsea connection between Scotland and Yorkshire, with over 500 kilometers said to be the longest ever built in Great Britain. Ofgem gave provisional approval of the expenditure required fo

about 2 years ago
emission control areas
Regulation & Policy

MEPC 81: Two new emission control areas on the horizon

The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) has approved at its latest meeting two proposals for the designation of emission control areas (ECAs).

about 2 years ago
Green light for world’s first ammonia bunkering terminal
Regulation & Policy

Green light for world’s first ammonia bunkering terminal

The Norwegian Directorate for Civil Protection has given its approval for the construction of an ammonia bunkering facility at Fjord Base in Florø.

about 2 years ago
IMO
Regulation & Policy

IMO MEPC 81: The clock is ticking for fossil fuel era in shipping

IMO MEPC 81 has agreed on an illustration of a possible draft outline of an “IMO net-zero framework” for cutting greenhouse gas emissions (GHG) from international shipping.

about 2 years ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Regulation & Policy

Türkiye puts wind in Black Sea oil & gas exploration sails while chasing energy independence

Türkiye is planning to embark on further drilling activities in the Black Sea during 2024 in the hopes of finding more hydrocarbons.

about 2 years ago
MEPC 81
Regulation & Policy

MEPC 81: Lion’s share of countries throw support behind global GHG price for shipping

As this week’s meeting of the International Maritime Organization’s Marine Environment Protection Committee (MEPC 81) winds down, a clear majority of developed and developing countries have supported a global greenhouse gas (GHG) price for shipping.

about 2 years ago
3D rendering of the Ammonia fuelled MGC, provided by Hyundai Mipo Dockyard
Regulation & Policy

Lloyd’s Register: Safety is crucial for adoption of ammonia as marine fuel

A report by Lloyd’s Register has highlighted the need for an industry-wide understanding of the operational and safety challenges surrounding the use of ammonia as a marine fuel.

about 2 years ago
UK CCS cluster step closer to execution phase with approval for CO2 pipeline
Regulation & Policy

UK CCS cluster step closer to execution phase with approval for CO2 pipeline

The UK Government has granted a development consent order (DCO) for a newbuild CO2 pipeline that will transport CO2 from capture plants across the North West of England and North Wales to permanent storage in Eni’s depleted natural gas reservoirs, located under the seabed in Liverpool Bay. The Secre

about 2 years ago
Germany and Namibia agree to bolster hydrogen partnership
Regulation & Policy

Germany and Namibia agree to bolster hydrogen partnership

German Federal Minister of Economics Robert Habeck and Namibia’s Energy Minister Tom Alweendo have agreed to deepen the countries’ hydrogen partnership.

about 2 years ago
EU and Faroe Islands strengthen ties on green transition and climate change
Regulation & Policy

EU and Faroe Islands strengthen ties on green transition and climate change

The Faroe Islands, a self-governing country within the Kingdom of Denmark, and the European Union have signed a Memorandum of Understanding (MoU) to, among other things, work together on the green transition, energy and climate change. Faroese Prime Minister Aksel V. Johannesen and EU Commission Pre

about 2 years ago