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Transition - Offshore Energy

Transition

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Transition

Maersk Mc-Kinney Moller Center: Emission risks won’t be a showstopper for ammonia-based fuels

The toxicity of ammonia as potential zero-emission fuel of the future for the shipping industry might be solvable after all despite all the hype over its likely impact on the safety of seafarers. There have been a lot of discussions about the dangers of potential releases of ammonia on board during

about 3 years ago

Transition

ADNOC and Eni ally on clean energy and sustainability

The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore

about 3 years ago

Transition

In focus: Tackling energy trilemma with oil & gas industry calling the shots

With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?

12 minutes read

Illustration; Source: International Energy Agency (IEA)

Transition

EIA calls for new approach: Throwing carbon prices into the mix to unveil fossil fuel subsidies

The International Energy Agency (IEA) has outlined a new price gap-plus approach that could bring carbon prices and environmental costs into the equation.

about 3 years ago

Transition

Security of supply to surpass clean and affordable parts of energy trilemma in 2023, says DNV

DNV, a Norway-based classification society, which predicts that energy security will be the top priority in the energy trilemma this year.

about 3 years ago

Transition

Chevron and Egyptian govt join forces to curb methane from oil & gas sector

Chevron has inked a memorandum of understanding (MoU) on methane management with Egypt’s Ministry of Petroleum and Mineral Resources.

about 3 years ago

Transition

World’s biggest maritime cargo carriers join Safetytech accelerator

Some of the world’s biggest maritime cargo carriers are joining forces with the world’s first industrial safety technology accelerator to launch an innovation initiative to reduce cargo loss at sea. The companies joining the accelerator are Evergreen Line, HMM, Maersk, the Offen Group, Ocean Network

about 3 years ago

Transition

IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

about 3 years ago

Transition

Biofuels: the low-hanging fruits ensnared in policy gaps

Biofuels have emerged as a promising solution that can be implemented without significant changes to existing infrastructure. Nevertheless, there are numerous challenges hampering their wider adoption.

about 3 years ago

Transition

Elegant Exit Company buys Wan Hai veteran for green recycling

Netherlands-based Elegant Exit Company (EEC) has acquired the Wan Hai 165, a containership built in 1998, from Taiwanese shipping company Wan Hai Lines. The vessel was put up for demolition sale as part of a wider bidding process Wan Hai launched at the end of last year covering ten end-of-life cont

about 3 years ago

Transition

Energean and Shell join forces to investigate decarbonisation solution

Energean Egypt and Shell Egypt have entered a Memorandum of Understanding (MoU) to explore a mutually beneficial decarbonisation solution. According to Energean, the MoU is designed to support the decarbonisation and the energy transition of the Arab Republic of Egypt, contributing to global efforts

about 3 years ago

Transition

ICS seeks rapid adoption of carbon levy as industry reaffirms 2050 net-zero ambitions

The International Chamber of Shipping (ICS), which represents over 80% of the world’s merchant fleet, has submitted a revised proposal to the International Maritime Organization (IMO) that reaffirms the industry’s commitment to meet 2050 net-zero carbon goals. The proposal champions a Fund and Rewar

about 3 years ago

Transition

Masdar and IFC join hands to advance hydrogen and renewable energy in Africa

Abu Dhabi’s renewable energy company Masdar has signed an agreement with the International Finance Corporation (IFC), a global development institution focused on the private sector in developing countries, to explore areas of collaboration to support climate action for emerging markets. The parties

about 3 years ago

Transition

Eco Marine Power to launch Eco Ship Technical study with UAE shipowner

Japan-based technology company Eco Marine Power (EMP) has been hired by an unnamed shipping company based in the United Arab Emirates (UAE) to undertake a joint Eco Ship technical study related to renewable energy solutions for ships. EMP said that the study will also include investigating innovativ

about 3 years ago