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Rules & Regulation

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Rules & Regulation

EU endorses 235 cross-border energy projects to scale up electricity, hydrogen, and CO2 infrastructure

As investment needs are anticipated to hover around €1.5 trillion by 2040, the European Commission (EC) has adopted a new list of 235 cross-border energy projects, granting them the status of projects of common interest (PCIs) and projects of mutual interest (PMIs).

about 10 months ago
Illustration; Source: North Sea Transition Authority (NSTA)
Rules & Regulation

13 UK operators fall behind on their decom duty with 153 wells in arrears

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Great Britain’s regulator, the North Sea Transition Authority (NSTA), has signaled its readiness to tackle the decommissioning deficit on the UK Continental Shelf (UKCS) by revealing the names of operators that are lagging behind their peers in the decommissioning department.

about 10 months ago
FPSO Western Isles; Source: Jersey Oil & Gas
Rules & Regulation

Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact

Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps f

about 11 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Rules & Regulation

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 11 months ago
Illustration; Source: NKT
Rules & Regulation

UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Br

about 11 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Rules & Regulation

Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission

England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea.

about 11 months ago
Map showing EGL5; Source: National Grid
Rules & Regulation

Community input seen as ‘vital’ piece of UK’s next subsea electricity transmission puzzle

Scottish transmission system operator (TSO) SSEN Transmission has sent out an invitation to residents to attend events designed to provide more insight into the plans for the development of the UK’s fifth subsea electricity superhighway project, envisioned to link Scotland and England.

about 11 months ago
Port of Oslo
Rules & Regulation

Oslo to waive quay fees for ships operating emission-free while linked to shore power

As part of a brand-new environmental strategy, starting from 2026, vessels that sail emission-free in and out of the Norwegian Port of Oslo are to be exempt from quay fees while plugged into shore power. Officials from the Port of Oslo have explained that those ships that are sailing in an eco-frien

about 11 months ago
EU launches first hydrogen mechanism call to link suppliers and buyers
Rules & Regulation

EU launches first hydrogen mechanism call to link suppliers and buyers

To connect potential suppliers with buyers of hydrogen and its derivatives in the European Union (EU), the European Commission (EC) has launched its first call for interest under the Hydrogen Mechanism.

about 11 months ago
Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels
Rules & Regulation

Clean Arctic Alliance hails Nordic push for sustainable polar marine fuels

The Clean Arctic Alliance has welcomed the Nordic Council’s adoption of a resolution concerning polar fuels, which calls on Nordic governments to craft and implement a regulation that would mandate the application of cleaner, marine fuels that could cut black carbon emissions whilst operating in the

about 11 months ago
UK’s marine energy roadmap effort enters second phase
Rules & Regulation

UK’s marine energy roadmap effort enters second phase

The Marine Energy Taskforce (MET), a 12-month initiative commissioned by the UK Department for Energy Security and Net Zero (DESNZ), has entered its second phase following a meeting in Cardiff. Launched in June by UK Energy Minister Michael Shanks, the MET is tasked with developing recommendations a

about 11 months ago
IMO
Rules & Regulation

IMO delays adoption of shipping carbon tax in ‘might is right’ show

Governments at the International Maritime Organization (IMO) agreed to delay the planned adoption of the Net-Zero Framework (NZF) for one year in a vote at the Extraordinary Session of the Marine Environment Protection Committee (MEPC E.2) in London on October 17.

about 1 year ago
SBTi verifies ESL Shipping’s science-based net-zero targets
Rules & Regulation

SBTi verifies ESL Shipping’s science-based net-zero targets

Dry bulk cargo carrier ESL Shipping has received approval from the Science Based Targets initiative (SBTi) for its near and long-term emission reduction targets.

about 1 year ago
LR
Rules & Regulation

LR unpacks new guidance charting the path to nuclear propulsion at sea

The UK-based classification society Lloyd’s Register (LR) has issued new guidance aimed at offering the maritime industry its “first” roadmap for nuclear-powered shipping. Dubbed the “Navigating Nuclear Energy in Maritime”, the document reportedly offers a pathway for the “safe and responsible” use

about 1 year ago