The European Union has proposed a ban on all Russian oil imports, aiming to phase out Russian crude oil within six months and refined products by year-end.
BP intends to invest up to £18 billion (about $22.5 billion) in the UK’s energy system by the end of 2030.
DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, says it has neutralised the carbon emissions of all less-than-container load (LCL) ocean freight shipments since January 2021.
NJR Clean Energy Ventures (CEV), the renewable energy subsidiary of New Jersey Resources, has started the construction of an 8.9MW floating solar installation in Millburn in New Jersey.
W&T Offshore has joined forces with Korea National Oil Corporation (KNOC) to explore energy-related projects in North America.
Talos, Chevron, and Carbonvert have inked a deal for a proposed joint venture expansion to enhance a hub-scale CCS project offshore Texas.
Danish company Wavepiston has completed the wave energy-powered desalination system set-up on the Oceanic Platform of the Canary Islands (PLOCAN) test platform, which is now ready for offshore works.
Maritime Research and Innovation UK (MarRI-UK) has granted a £1.06 million (around $1.33 million) funding to a consortium of nine organisations led by MSE International, a non-profit cluster organisation dedicated to marine decarbonisation, as part of the Smart Maritime Land Operations Call.
Carnegie Clean Energy has made headway on the development of the MoorPower project, with the design of CETO wave energy device spin-off – aimed at aquaculture sector – nearing completion.
Equinor has joined forces with ONGC to participate in energy projects in India such as CCS, low carbon fuels and renewables.
Dutch GoodFuels has joined the advanced biofuels coalition LSB, a coalition of biofuels technology developers and producers committed to decarbonising the shipping sector.
In an op-ed piece, Richard Arnold, policy director at the UK Marine Energy Council discusses the recently published British Energy Security Strategy, and what it means for UK’s wave and tidal stream energy industries.
California-based wave energy developer CalWave Power Technologies has signed a memorandum of understanding (MoU) with Launch Alaska, establishing a formal partnership to advance planning of wave energy projects in the state of Alaska.
AET has taken delivery of the second dual-fuel VLCC, which was purpose-built for a long-term charter with TotalEnergies.
