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Transition

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18 companies unite for joint industry partnership to accelerate CCUS projects
Transition

18 companies unite in joint industry partnership to accelerate CCUS projects

Consulting and engineering firm Wood has established and is leading a joint industry partnership (JIP) to accelerate carbon capture, utilization, and storage (CCUS) projects through the creation of industry guidelines for CO2 specifications. Wood set up the JIP to collate industry research and the e

about 2 years ago
Horisont Energi looking for partner(s) for Barents Sea CO2 exploration license as ORLEN withdraws
Transition
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Horisont Energi looking for new partners for Barents Sea CO2 exploration license as ORLEN withdraws

ORLEN Upstream Norway, part of Poland’s ORLEN Group and formerly known as PGNiG Upstream Norway (PUN), has decided to withdraw from the Polaris CO2 exploration license, the only CO2 storage located in the Barents Sea, with Horisont Energi now assessing the way forward for the project. The Polaris li

about 2 years ago
global bulker fleet
Transition

Global bulker fleet ‘slows down’ in response to decarbonization regulations, new research says

Amid growing global calls for achieving climate neutrality, the bulk carrier sector is seeing a downturn in average speeds, resulting in a decrease of 2.5% in carbon emissions since the beginning of 2021, a new white paper published by Veson Nautical, a London-based provider of maritime freight mana

about 2 years ago
New EU-funded project launched to replace fossil fuels in maritime transport
Transition

New EU-funded project launched to replace fossil fuels in maritime transport

A group of eleven European partners has launched a new project that seeks to replace the use of fossil fuels and reduce emissions and marine pollution, leading to the decarbonization of maritime transport. The project named MARPOWER (Efficient zero-emissions gas turbine POWER system for MARitime tra

about 2 years ago
Lhyfe and Elyse Energy’s e-methanol project in France gaining ground
Transition

Lhyfe and Elyse Energy’s e-methanol project in France gaining ground

The conclusions of the initial studies on the e-methanol project Green Coast will be communicated in 2025, according to Lhyfe and Elyse Energy. The project is currently under development and is subject to the granting of operating licences, building permits and financial investment decisions.

about 2 years ago
Germany
Transition

Germany accelerates climate-friendly shipping game

Germany’s government has unveiled the National Action Plan for Climate-Friendly Shipping to boost investments centered around maritime energy transition for the German industry.

about 2 years ago
Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage
Transition

Denmark sets aside $4.2 billion as part of its third fund for carbon capture and storage

The Danish Energy Agency has launched the tendering procedure for its third fund for carbon capture and storage (CCS) projects, with DKK 28.7 billion ($4.2 billion) available for interested parties to help Denmark in its path to climate neutrality. The CCS Fund will cover the costs of capture, trans

about 2 years ago
‘First concrete results’ in sight for green hydrogen project in Atlantic area ports
Transition

‘First concrete results’ in sight for green hydrogen project in Atlantic area ports

Ports in the Atlantic area are one step closer to deploying and using green hydrogen-based technologies through the HYDEA project with a new interactive map containing information on main initiatives and most promising hydrogen applications and opportunities. Launched in November 2023 by the consort

about 2 years ago
MEPC 82
Transition

MEPC 82 brings net-zero framework closer to reality as crucial 2025 session approaches

Following the conclusion of the 82nd session of the IMO Marine Environment Protection Committee (MEPC 82), the progress made toward finalizing the net-zero framework, set for approval at the ‘critical’ MEPC 83 meeting in April next year, appears to be ‘on track’ as the maritime industry continues it

about 2 years ago
Longship CCS value chain; Source: Northern Lights
Transition

Norway’s $2.8 billion full-scale carbon capture transport and storage project close to crossing the finish line

The Norwegian government has made room in its 2025 budget for a multimillion-dollar investment destined to be injected into its carbon capture and storage (CCS) project, described as a full-scale CO2 capture, transport, and storage development in line with the country’s international climate agreeme

about 2 years ago
A view of pipes seemingly located offshore at sunset
Transition

Eni recommits to slashing emissions in its first methane report

Italy’s energy giant Eni has published its first report dealing with methane emissions aiming to reaffirm its promise to reduce methane slip and increase transparency.

about 2 years ago
AHTS Normand Prosper; Source: Solstad Offshore
Transition

Solstad enriches its green shipping quest with renewable fuel as biodiesel-powered vessel puts rig’s mooring spread in place

Solstad Offshore has embraced another decarbonization tool to expand its zero-emission shipping toolbox by turning to renewable biodiesel (HVO) to bunker an anchor handling tug supply (AHTS) vessel before it embarked on its assignment related to a semi-submersible rig off the coast of Norway.

about 2 years ago
Illustration; Source: TotalEnergies
Transition

TotalEnergies empowering oil & gas and renewables arsenal with up to $90 billion by 2030 as LNG remains crown jewel of its multi-energy mission

TotalEnergies is continuing to push forward its multi-energy strategy as it works on balancing the transition to low-carbon and green sources of supply and the attempts to fortify energy security scales.

about 2 years ago
bremenports
Transition

Companies to work together on decarbonization measures for bremenports

Companies at Germany’s bremenports have drawn up a joint declaration to continue working together to advance decarbonization and energy transition.

about 2 years ago