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Transition

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Three U.S. players successfully expand joint venture to bring offshore CCS hub into being
Transition

Chevron pays $50 million to join JV for CCS hub in Texas

Talos, Chevron, and Carbonvert have concluded the expansion of the JV, aiming to bring forth a hub-scale CCS project off Jefferson County.

about 4 years ago
Europe’s bold new energy plan and cost estimates could fail to live up to the hype, Rystad says
Transition

Europe’s bold new energy plan will need wartime-like planning to meet goals, Rystad says

Rystad Energy forecasts that the EU’s energy plan and its budget may fall short of objectives, as a further ramp-up of investments is needed.

about 4 years ago
UAE player wins gig with Yinson to work on Brazil-bound FPSO
Transition

Yinson taps UAE player for FPSO upgrade work

Drydocks World Dubai has inked a deal with Yinson to upgrade an FPSO vessel, which will operate for Enauta offshore Brazil, upon completion.

about 4 years ago
RivGen device operating in the Kvichak River in Alaska, February 2021 (Courtesy of ORPC)
Transition

Canadian hydrokinetic test center to deploy ORPC’s RivGen power system

Canadian Hydrokinetic Technology Testing Centre (CHTTC) and ORPC Canada have joined forces to deploy a RivGen renewable power system for the first time in the Canadian market.

about 4 years ago
EC President Ursula von der Leyen and U.S. President Joe Biden
Transition

EU and U.S. condemn Russia’s use of ‘energy blackmail’ through actions like gas supply halt

The EU and the U.S. have condemned “Russia’s use of energy blackmail”, like cutting off gas supplies to Finland.

about 4 years ago
Eastern Pacific
Transition

First tanker powered by ethane joins Eastern Pacific

Singapore-based shipping company Eastern Pacific Shipping (EPS) has taken delivery of STL Yangtze, the first of the company’s six new very large ethane carriers (VLECs).

about 4 years ago
UK
Transition

UK unleashes £12 million for zero-emission maritime technologies

The UK government has announced a multi-million investment that aims to kickstart innovation in the maritime sector and tackle shipping emissions.

about 4 years ago
Illustratio/Floating solar farm in China (Courtesy of Huaneng Power International)
Transition

China launches tender for 11.25GW offshore floating solar plants

Shandong, an eastern Chinese province on the Yellow Sea, has issued a tender for the development of 10 offshore floating solar projects with a combined capacity of 11.25GW by 2025.

about 4 years ago
Royal Caribbean
Transition

Royal Caribbean joins Mærsk Mc-Kinney Møller zero carbon centre

US-based cruise holding company Royal Caribbean Group and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have formalized their collaboration by signing a partnership agreement on 23 May 2022.

about 4 years ago
UK
Transition

UK gov’t urged to act and drive adoption of shore power for ports

New mandatory targets must push ports into installing, and subsequently ships into using, shore power technology to reduce emissions, according to the UK Chamber of Shipping.

about 4 years ago
MOL
Transition

MOL, partners launch facility for technical carbon removals

On 23 May, five companies from across Asia, Europe, and North America announced their plan to join the NextGen CDR Facility as founding buyers to scale up carbon removal technologies and catalyze the market for high quality carbon removals.

about 4 years ago
Brage platform in the North Sea - Wintershall Dea
Transition

Wintershall Dea sells stakes in three North Sea fields to focus on gas

Wintershall Dea has reached an agreement with OKEA to sell its stakes in three North Sea fields for €108 million.

about 4 years ago
Shell, RWE & co move forward with German OW-to-H2 project
Transition

RWE: New delegated act puts shackles on green hydrogen

There should be no limiting criteria for the producers and buyers of green hydrogen on the use of electricity to produce it, RWE said in a comment on a proposed delegated act in the EU which would permit only electricity from newly built, unsubsidised wind and solar energy farms to generate green hy

about 4 years ago
Illustration (Courtesy of Sea Grant/NOAA)
Transition

Unites States backs six marine energy-fishing co-location projects in the northeast

The projects were selected as part of a funding opportunity whose aim is to catalyze research for the coexistence of marine energy with Northeast fishing and coastal communities.

about 4 years ago
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