The U.S. President Joseph R. Biden, who took office just a week ago, is powering through very busy first days of presidency reversing multiple policies implemented by the previous administration. On Monday, January 25, Biden signed an executive order on strengthening American manufacturing which is
Deep-ocean polymetallic nodules exploration company DeepGreen Metals announced an upward revision to the nodule resource reported within the NORI-D exploration contract area held by its subsidiary, Nauru Ocean Resources in the Clarion Clipperton Zone (CCZ) of the Pacific Ocean. DeepGreen now estimat
Japan’s biggest oil and gas producer Inpex has revealed its strategy to become a net-zero company by 2050 through the expansion of renewable and hydrogen energy as well as the use of carbon capture technology.
Croatian oil and gas company INA-INDUSTRIJA NAFTE, d.d. (INA) plans to diversify into renewable energy and is specifically considering offshore wind and solar energy developments in the country. At an energy conference held on 26 January, INA’s Director of Strategic Operations and Public Affairs, Hr
Equinor has selected a new class of startups to work on unlocking opportunities within oil and gas, renewables, and low-carbon solutions.
With the increasing pressure for shipowners to sharpen their environmental performance, driven by IMO 2050, regional regulations and market pull from charterers, banks and investors, the decarbonization challenge is here to stay. “This represents a whole new ball game for the industry. Optimisation
The Mission Possible Partnership, a new coalition that aims to accelerate the decarbonization of global industries representing 30% of global emissions, was launched today at the Davos Agenda.
Assurance and risk management company DNV GL has decided to combine its current Oil & Gas and Power & Renewables businesses into one new business area called Energy Systems.
Infinium has closed a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust.
Prysmian is taking a step forward on its path to improve the sustainability of its operations, by making its Finland submarine cable plant, the company’s excellence centre also for green energy consumption. The Pikkala plant is strategic for Prysmian because it is a centre of excellence for producti
Oldendorff Carriers has signed a joint development project with Anemoi Marine Technologies, Lloyd’s Register and Shanghai Merchant Ship Design and Research Institute (SDARI) to develop a wind-assisted propulsion solution for dry bulk carriers. The project is being announced as the shipping industry
Engine manufacturer MAN Energy Solutions has won an order to supply six main engines for Hapag-Lloyd’s LNG-powered 23,000+TEU ultra large container vessels. The MAN B&W 11G95ME-GI Mk10.5 engines will be built in Korea and will offer the option of operating on LNG or conventional fuel, meeting Tier I
Maersk Pelican, the world’s first product tanker testing the use of wind propulsion technology, has been sold and delivered to its new owner, Maersk Tankers said. Data from VesselsValue shows that the LR2 tanker has been sold to Buana Lintas Lautan, an oil and gas company from Indonesia, for an undi
Italy’s Grimaldi Group has taken delivery of Grande Texas, the sixth in a series of seven pure car & truck carriers (PCTCs) the company ordered from the Chinese shipyard Yangfan.
