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Transition

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Global Alliance for Industry Decarbonization launched by IRENA and industry partners (Courtesy of IRENA)
Transition

IRENA joins forces with industry leaders to unlock green industrialization opportunities

The International Renewable Energy Agency (IRENA), co-founding partner Siemens Energy and 13 companies across all industry sectors have launched the global Alliance for Industry Decarbonization.

about 4 years ago
Support for fossil fuels passed whopping $697 bln in 2021, delaying energy transition progress, says OECD and IEA
Transition
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Support for fossil fuels passed $697 bln in 2021, delaying energy transition progress, says OECD and IEA

The IEA and the OECD outline in their new analysis that the backing for fossil fuels almost doubled in 2021, reaching $697.2 billion.

about 4 years ago
An image mapping North Sea Energy Island in Denmark
Transition

In focus: The X factor of Power-to-X

While the world is working toward having as much renewable energy as possible, green fuels and energy storage could be what saves the day, at least for energy-intensive industries. News on hydrogen and ammonia projects, and renewable energy developments with Power-to-X components this week certainly

about 4 years ago
Carbon capture, utilisation and storage capacity to increase ‘seven-fold’ by 2050 to reach net-zero, says WoodMac
Transition

WoodMac: For net-zero by 2050, carbon capture, utilisation and storage needs ‘seven-fold’ boost

As global CCUS capacity is nearing 1 billion tonnes per annum, Wood Mackenzie believes that more is needed to meet net-zero goals by 2050.

about 4 years ago
The ‘EWP-EDF One’ project (Courtesy of Eco Wave Power)
Transition

Israel sets feed-in-tariff for Eco Wave Power’s wave energy project

The Israeli Electricity Authority (IEA) has set an official feed-in-tariff (FIT) for Eco Wave Power’s newly installed wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel.

about 4 years ago
Courtesy of ACT
Transition

Jordan’s ACT joins 2040 net zero club

Aqaba Container Terminal (ACT), Jordan’s only container port and the sustainable gateway to the Levant region and beyond, has announced the launch of its decarbonisation strategy which is set to reduce its carbon footprint to net zero by 2040.

about 4 years ago
McDermott wins more work for QatarEnergy's North Field expansion
Transition

McDermott wins more work for QatarEnergy’s North Field expansion

McDermott has secured a front-end engineering design (FEED) contract with state-owned oil and gas company QatarEnergy for the North Field South (NFS) expansion project. Under the contract, McDermott will be in charge of developing FEED studies for offshore and onshore pipelines, cables, and associat

about 4 years ago
SEA/LNG builds case for retrofitting VLCCs to LNG
Transition

SEA/LNG builds case for retrofitting VLCCs to LNG

Retrofitting existing very large crude carriers (VLCC) to run on LNG as fuel has enormous benefits over alternative options to future-proof the ships from becoming obsolete as new environmental regulations take the stage in 2023, a new study from SEA/LNG claims. The multi-sector industry coalition c

about 4 years ago
CMA CGM JACQUES SAADE
Transition

Clarksons: 147 ports offer LNG bunkering as LNG capable newbuilds hit 37 Pct

A total of 147 ports around the globe can bunker LNG to vessels at the moment and this figure is likely to reach 200 by 2024 as demand continues to grow, estimates from Clarksons Research show. Europe is leading the way with LNG bunkering infrastructure, with the majority of its top ports offering t

about 4 years ago
Trelleborg Marine and Infrastructure defines sustainability strategy for its operations
Transition

Trelleborg Marine and Infrastructure defines sustainability strategy for its operations

Dubai-based provider of engineered polymer solutions to the marine, infrastructure and renewable energy industries Trelleborg Marine and Infrastructure has defined “Sustainability by Design”, a strategy to integrate sustainability at every level of the business unit. Said to demonstrate the company’

about 4 years ago
WoodMac: What are three cornerstones of future-fit energy super basins?
Transition

Three key elements of future-fit energy super basins – WoodMac

Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.

about 4 years ago
UAE’s ADNOC and TotalEnergies strengthen ties to ensure energy security, affordability and decarbonisation
Transition

UAE’s ADNOC and TotalEnergies strengthen ties to ensure energy security

TotalEnergies and ADNOC have expanded their strategic alliance to explore opportunities in energy security, gas growth, and decarbonisation.

about 4 years ago
TAQA keeping all assets in its oil & gas portfolio, bar Dutch assets
Transition

TAQA keeping all assets in its oil & gas portfolio, bar Dutch ones

Due to the current energy security concerns, TAQA has decided to keep its entire oil & gas portfolio, except for its Dutch upstream assets.

about 4 years ago
Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA
Transition

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA

IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

about 4 years ago