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Regulation & Policy

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An offshore platform
Regulation & Policy

Norwegian State bringing into its fold world’s ‘most extensive’ gas network for $1.6 billion

Norway’s Ministry of Energy has signed purchase agreements with seven companies forming part of three joint ventures (JV) that own “key” parts of the country’s gas transportation system. Agreements have been concluded with A/S Norske Shell, CapeOmega, ConocoPhillips Skandinavia, Equinor Energy, Hav

about 1 year ago
One Italian approval to go for second interconnector to Malta
Regulation & Policy

One Italian approval to go for second interconnector to Malta

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Sicily has given its approval for the second interconnector between Malta and Italy, some eleven months after the project had been granted the development permit from the Maltese side. The IC2 interconnector will consist of a 122-kilometer high-voltage alternating current (HVAC) electrical cable int

about 1 year ago
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.

about 1 year ago
US targets viable climate solutions with launch of strategy for marine CO2 removal research
Regulation & Policy

US targets viable climate solutions with launch of strategy for marine CO2 removal research

The U.S. White House and the National Oceanic and Atmospheric Administration (NOAA) have released a national strategy for marine carbon dioxide removal (mCDR) research, which outlines how research could be safely and effectively accelerated, helping determine if emerging approaches are viable climat

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
Caterpillar
Regulation & Policy

Caterpillar Marine receives green light for its dual-fuel methanol-ready engines

Houston-headquartered engine manufacturer Caterpillar Marine has been given the go-ahead from Norway’s classification society DNV via an approval in principle (AiP) for its Cat 3500E methanol-ready marine main and auxiliary engines. As disclosed, the DNV approval and class notation have confirmed th

about 1 year ago
Bay du Nord FPSO development concept; Source: Equinor
Regulation & Policy

Canada’s proposed oil & gas emissions cap: Boost in production, jobs, and economy or across-the-board cuts?

Canada has come up with draft regulations to set a greenhouse gas (GHG) pollution cap for the oil and gas industry. The government claims the latest regulatory tool in the raft of measures that are part of its wider climate plan will limit pollution, drive innovation, and create jobs. However, those

24 minutes read
COSCO Shipping’s new ammonia-fueled ship design gets stamp of approval
Regulation & Policy

COSCO Shipping’s new ammonia-fueled ship design gets stamp of approval

COSCO Shipping Energy and COSCO Shipping Heavy Industry, units of China’s COSCO Shipping group, have received approvals in principle (AiPs) from classification societies ABS, CCS, and DNV for their design of a 50,000 cubic meter (cbm) ammonia dual-fuel ammonia/LPG carrier. According to COSCO Shippin

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
Two large vessels at sea with four smaller ones on the side
Regulation & Policy

Investors take US FLNG operator to court over ‘artificially inflated’ stock prices

Multiple parties have filed a federal securities class action against New Fortress Energy (NFE), a U.S. energy infrastructure player, that operates a floating liquefied natural gas (FLNG) facility off the coast of Altamira, Mexico, for damages caused by a drop in stock prices.

about 1 year ago