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Transition

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FPSO Energean Power works at the Karish field offshore Israel; Source: Energean
Transition

Energean bids farewell to Egypt, Italy, and Croatia as assets fetch $945 million

Energean has set the divestment of its portfolio in Egypt, Italy, and Croatia in motion for an enterprise value (EV) of up to $945 million.

about 2 years ago
Enova
Transition

Fifteen green ship projects get $113.5M in Enova support

A total of fifteen green ship projects will receive NOK 1.2 billion (about $113.5 million) in support from Enova, a Norwegian government enterprise, in the latest round of the country’s investments in decarbonizing maritime transport.

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about 2 years ago
Sune Scheller, Greenpeace's Campaign Manager, participated in three of the protests covered by the lawsuit, including the action related to the SCF Baltica oil tanker on March 19, 2022; Credit: Will R
Transition

Denmark challenges Greenpeace to a fight in court over protests hindering transit of Russian oil

Greenpeace is facing legal action in Denmark, which the Danish state set in motion in a crackdown on protests the group embarked on in 2022.

about 2 years ago
Neptun Deep - offshore platform simulation; Credit: OMV Petrom
Transition

Europe’s mega gas project braving perils as plot twist emerges from explosive-ridden Black Sea waters

An analysis has put a new spin on the ride-or-die opposition to the development of a $4.4 billion deepwater gas project in the European Union (EU).

about 2 years ago
Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs
Transition

Industry majors set in motion next phase of project that aims to cut reservoir monitoring costs

A number of industry partners have kicked off the next phase of the On Demand Ocean Bottom Node (OD OBN) development project which aims to provide a versatile, lower-cost, more resilient solution for time-lapse seismic and subsidence monitoring of producing reservoirs. The project, which began in 20

about 2 years ago
Illustration; Source: Pavilion Energy
Transition

Shell broadens its LNG horizons by taking over Singapore player active in Europe and Asia

Shell has set the wheels in motion to scale up its LNG portfolio with the acquisition of Singapore-based Pavilion Energy.

about 2 years ago
Norway's Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure
Transition

Norway’s Equinor and French GRTgaz shake hands to develop CO2 transport infrastructure

Norwegian state-owned energy giant Equinor and French gas transmission operator GRTgaz have signed a project development agreement (PDA) for a transport system for captured CO2 from industrial emitters in France to permanent storage offshore Norway via the planned CO2 Highway Europe pipeline project

about 2 years ago
Illustration; Source: DNV
Transition

DNV: Oil & gas witnessing confidence resurgence while energy transition price tag hampers net-zero aspirations

A new survey from DNV pinpoints the cost of the energy transition as the biggest barrier to meeting the net zero targets.

about 2 years ago
Illustration; Source: AG&P LNG
Transition

Global LNG markets facing oversupply while key importing regions work on curbing demand

The new wave of LNG supply is set to flood the market amid demand uncertainty, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

about 2 years ago
New company logo; Source: OMV
Transition

OMV’s revamped brand identity puts focus on sustainability

OMV has revealed a new brand identity highlighting sustainability embodying the company’s ambition to become net-zero by 2050.

about 2 years ago
UECC
Transition

Biofuels accelerate UECC’s decarbonization journey

Norway-based RoRo transportation provider United European Car Carriers (UECC) said it is on track to exceed its goal of a 45% emissions reduction by 2030 after more than doubling biofuel usage across its fleet last year.

about 2 years ago
Illustration; Source: DNV
Transition

DNV spotlights digital twin’s ability to give a shot in the UK’s energy transition arm

A new report from DNV has examined the role digital twins can play in helping the UK attain its net-zero objectives.

about 2 years ago
Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon
Transition

Hitachi Energy investing $4.5B to accelerate energy transition, new jobs on the horizon

Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition. The investment, complementing the recently announced $1.5 billion investme

about 2 years ago
K Line
Transition

TES, K Line to support e-NG uptake in shipping

Tree Energy Solutions (TES), a Belgium-based producer of electric natural gas derived from green hydrogen (e-NG), and Japanese shipping company Kawasaki Kisen Kaisha (K Line) have teamed up to accelerate the adoption of e-NG and ‘lead’ the transition towards net-zero greenhouse gas emissions in the

about 2 years ago