Technology group ABB and Pace CCS, a UK provider of engineering design to the CCS and blue hydrogen industries, have signed a partnership agreement to deliver a solution that reduces the cost of integrating carbon capture and storage (CCS) into new and existing industrial operations. The two compani
The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.
DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.
Westport Fuel Systems, a Canada-based supplier of low-emissions alternative fuel transportation technologies, has revealed its plan to expand its global manufacturing footprint in China with a new hydrogen innovation centre and manufacturing facility in the Changzhou Hydrogen Valley. Specifically, t
Weakening competitiveness in ocean energy is a warning sign for Europe’s global cleantech ambitions as its industrial leadership in ocean energy becomes increasingly at risk, warns Ocean Energy Europe (OEE) in its latest statistics report for 2022.
Maritime services company Bernhard Schulte Shipmanagement (BSM) is developing an IT platform that will cover the entire compliance process with the EU Emissions Trading System (ETS) set to be introduced in 2024, the company said. The platform will focus on handling compliance, data collection and ve
UK-based oil and gas major BP has launched the green hydrogen cluster of the Valencia region (HyVal) at its Castellón refinery in Spain. The company announced the launch of the hydrogen cluster on 28 February, stating that this BP-led public-private collaborative initiative aims to be based around t
Woodward, an engine injection system manufacturer, is developing a new range of injection systems to support the ongoing transition to new fuels in the global energy industry. According to Woodward, the comprehensive portfolio of new systems will be applicable for new and future fuel-powered engines
Offshore energy clients have been spoiled over the last 7-8 years with all types of vessels being always available at a low price, however, this could quickly change, Solstad Offshore’s CEO Lars Peder Solstad stated as the company had reported its highest-ever quarterly order intake for the fourth q
The U.S. ports are expected to build out nearly $50 billion in green infrastructure over the next decade – and hydrogen is set to play a significant role in the industry’s plans, a recent survey from the American Association of Port Authorities (AAPA) shows. The survey covered AAPA’s membership and
Countries need to move from years to weeks to develop and build their low-carbon energy infrastructure to meet the net-zero challenge.
Chicago-based ammonia producer CF Industries Holdings has signed a memorandum of understanding (MoU) with South Korean chemical company Lotte Chemical Corporation for a joint exploration of clean ammonia production and its long-term offtake into South Korea. The MoU will serve as a framework for the
Norwegian shipowner Belships has entered into agreements to acquire three new Ultramax bulk carriers which are being constructed at Japanese shipyards. The Japanese-design Ultramax bulk carriers represent the highest quality and lowest fuel consumption available in the market today, Belships said. T
The dual-fuel vessel Cajun Sun has completed the first-ever net-zero voyage fuelled by bio-methanol, Methanex Corporation (Methanex) and Mitsui O.S.K. Lines (MOL) revealed. The Cajun Sun, operated by Methanex’s subsidiary Waterfront Shipping and chartered from MOL, departed from Geismar, U.S. on Jan
