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Regulation & Policy

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Illustration. Source: Deltic Energy
Regulation & Policy

UK firm cheers certification of its carbon neutral status

Deltic Energy has been certified as a carbon neutral business by Carbon Neutral Britain. This certification will require renewal on an annual basis.

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

No natural gas shortage in sight, as Türkiye plans to boost storage capacity while upgrading its facility to run on renewables

Türkiye is taking steps to scale up its natural gas storage capacity and slash greenhouse gas emissions with renewables.

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about 2 years ago
Viking Link up and running
Regulation & Policy

World’s largest interconnector begins operating

The Viking Link electricity interconnector between the UK and Denmark has commenced operations, now transporting power between the two countries. Deemed the world’s longest land and subsea interconnector, the £1.7 billion Viking Link started commercial operations on December 29, 2023. The link has

about 2 years ago
2023 in review: A transformative year for shipping and maritime
Regulation & Policy

2023 in review: A transformative year for shipping and maritime

In the maritime realm, 2023 has been a year marked by transformative projects and announcements, on both the regulatory side, ship designing, and shipbuilding front as well as demand signals for the production of alternative fuels. Amidst geopolitical turbulences in the Middle East, the ongoing conf

about 2 years ago
Shipbreaking
Regulation & Policy

45 yards included in the renewed EU list of ship recycling facilities

The European Commission adopted the 12th edition of the European List of ship recycling facilities featuring 45 yards. The updated list renews the inclusion of two yards located in Türkiye and one yard located in the USA, after 5 years on the list. These include Leyal Gemi Söküm Sanayi ve Ticaret Lt

about 2 years ago
UK oil & gas firm to sell 15% working interest in Timor-Leste PSC
Regulation & Policy

Baron Oil agrees farm-up for Timor-Leste PSC

UK-based oil and gas company Baron Oil has signed a memorandum of understanding (MoU) with Timor Gap for the farm-up of the Chuditch production sharing contract (PSC) offshore Timor-Leste. Baron Oil announced a proposed assignment of a 15% working interest in the TL-SO-19-16 PSC offshore Timor-Leste

about 2 years ago
Germany greenlights DolWin4, Amprion’s first offshore grid connection
Regulation & Policy

Germany greenlights DolWin4, Amprion’s first offshore grid connection

The German Federal Maritime and Hydrographic Agency (BSH) has issued a planning approval decision for the DolWin4 offshore grid connection in Germany’s Exclusive Economic Zone (EEZ) in the North Sea. DolWin4, the first offshore grid connection system being implemented by German transmission system o

about 2 years ago
Illustration; Source: Maersk
Regulation & Policy

Maersk planning to resume Red Sea transits

Danish container shipping major Maersk is preparing to resume vessel transits through the Red Sea following the deployment of naval assets in the region under the multi-national security initiative Operation Prosperity Guardian (OPG). Namely, the U.S. has launched a new multinational security operat

about 2 years ago
Oseberg field centre (for illustration purposes); Source: Harald Pettersen/ Equinor
Regulation & Policy

Norway’s gas production on the rise but oil still slightly below forecast

Norway saw a slight rise in oil production in November 2023 compared to the volume seen in October 2023 and last year.

about 2 years ago
Port
Regulation & Policy

Navigating the new normal: Vessel rerouting spurs higher emissions as ships avoid the Red Sea

In recent weeks, the Red Sea has become the epicenter of heightened tensions as Yemen’s Houthi group escalated their attacks on commercial vessels, sending shockwaves throughout the maritime industry. Germany’s Hapag-Lloyd and Hong Kong’s OOCL joined on Thursday numerous shipping companies, includin

about 2 years ago
Liquid Wind applies for environmental permit for third eFuel plant in Sweden
Regulation & Policy

Liquid Wind applies for environmental permit for third eFuel plant in Sweden

Swedish electrofuel (eFuel) developer Liquid Wind has submitted an environmental permit application for the company’s third commercial-scale green electrofuel facility, FlagshipTHREE, at the Land and Environment Court in Umeå, Sweden. According to Liquid Wind, once operational, FlagshipTHREE, locate

about 2 years ago
methanol bunkering Singapore
Regulation & Policy

Meeting IMO’s 2030 targets not out of grasp?

Despite the challenges that defined this year, the maritime industry may be closing the chapter on 2023 with a sense of optimism. Namely, BIMCO’s recent analysis provides a beacon of hope, suggesting that the International Maritime Organization’s (IMO) ambitious goal of achieving 5% zero or near-zer

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

Germany first beneficiary of European Hydrogen Bank’s financing scheme

Germany will be the first member state to take part in the new EU mechanism ‘Auctions-as-a-service’ of the European Hydrogen Bank, with the federal government providing an additional €350 million for electrolyzer projects in Germany. These are in addition to the €800 million that the EU Innovation F

about 2 years ago
Lhyfe and partners launch BOxHy project as next step in ocean reoxygenation through hydrogen production
Regulation & Policy

Lhyfe and partners launch BOxHy project as next step in ocean reoxygenation through hydrogen production

French hydrogen producer Lhyfe, together with its partners Flexens and Stockholm University’s Department of Ecology, Environment, and Plant Sciences (DEEP), has introduced the Baltic Sea Oxygenation and the Super-Green Hydrogen Economy project, also known as BOxHy, as the new step in the works on oc

about 2 years ago