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Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 billion

Regulation & Policy

Govt to dish out millions to kickstart 11 carbon capture projects with potential to generate $20 bln

Emissions Reduction Alberta (ERA) says Canada’s province will invest over $40 million in 11 projects focused on advancing CCUS.

about 4 years ago

Two oil & gas firms ink merger deal valued at $307 million to establish full-cycle asset base and boost output and reserves

Regulation & Policy

Two oil & gas firms ink merger deal to establish ‘full-cycle asset base’

Vaalco and TransGlobe have revealed a deal to combine their businesses into a single company to create a full-cycle asset base.

about 4 years ago

Regulation & Policy

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA

IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

about 4 years ago

Canadian regulator takes Hibernia oil spill case to court

Regulation & Policy

Hibernia oil spill case goes to court three years after it took place

Canadian regulator has brought charges against the company operating the Hibernia platform due to an oil spill, which occurred in July 2019.

about 4 years ago

Faster ramp-up of investments in clean sources needed to tackle double whammy of energy and climate crises

Regulation & Policy

Faster ramp-up of investments needed to tackle double whammy of energy and climate crises

While investments are expected to reach $2.4 trillion this year, this is not enough to come to grips with the energy and climate crises.

about 4 years ago

Regulation & Policy

National Hydropower Association looking for outstanding stewards of America’s waters

National Hydropower Association (NHA), the US-based association dedicated to promoting the growth of clean, renewable hydropower and marine energy, has opened nominations for 2022 Outstanding Stewards of America’s Waters (OSAW) award.

about 4 years ago

Regulation & Policy

G7 countries to end public funding for international fossil fuels projects

The G7 countries have pledged to end direct international public financing of the fossil fuels sector starting from the end of this year.

about 4 years ago

Regulation & Policy

Canada’s Shelburne Ship Repair joins Green Marine

Canadian ship repair yard Shelburne Ship Repair Limited has become the newest participant in Green Marine – the largest voluntary environmental certification program for North America’s maritime industry.

about 4 years ago

Regulation & Policy

Odfjell Drilling to take over management of yet another rig from Seadrill

SFL has inked a new deal with Odfjell Drilling, enabling the latter to replace Seadrill as the manager of another drilling rig.

about 4 years ago

Regulation & Policy

Methanol to hydrogen generator gets approved for marine use

Renewable energy company e1 Marine has received approval in principle (AiP) from the classification society Lloyd’s Register (LR) for its M-series methanol to hydrogen generator.

about 4 years ago

Regulation & Policy

Canada issues new environmental measures for cruise ships

Canada has outlined new environmental measures to strengthen the country’s discharge requirements for cruise ships operating in waters under Canadian jurisdiction during the 2022 cruise season.

about 4 years ago

Regulation & Policy

Port of Montreal joins UN Global Compact

On Earth Day, Canada’s Montreal Port Authority (MPA) joined the United Nations Global Compact, a global initiative focused on developing, implementing and promoting good corporate sustainability practices.

about 4 years ago

Regulation & Policy

In focus: Americas take the offshore energy helm

The industry has been evidently hitting the pause button ahead of Easter. However, it seems like one part of the world still keeps going without slowing down. The Americas took the spotlight this week in offshore energy news headlines, with Canada and the U.S. steering the wheel.

about 4 years ago

Equinor will use the West Hercules drilling rig for operations in Canada

Regulation & Policy

Equinor gearing up for exploration campaign in Canada to boost Bay du Nord resources

Norway’s Equinor is mobilising to drill two exploration wells in waters offshore Canada, which could add to its Bay du Nord offshore project development.

about 4 years ago