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Transition

Special purpose company established for potential Greek-Saudi electricity interconnector

Greece and Saudi Arabia have officially established a special purpose company for exploring the feasibility of an electricity interconnector between the two countries. The special purpose company Saudi Greek Interconnection was established by the Greek electricity grid operator Independent Power Tra

about 2 years ago

Transition

TotalEnergies achieves ‘robust’ multi-billion profit while balancing energy transition scales

TotalEnergies has managed to tuck strong financial and operating results for the fourth quarter and full year 2023 under its belt.

about 2 years ago

Courtesy of the European Commission; Credit: Mauro Bottaro

Transition

CCS, nuclear come under fire as EU sets 2040 climate goals, broadens scope of Net-Zero Industry Act

The European Council and Parliament reached a provision deal on Tuesday, February 6, on the ‘net-zero industry act’ (NZIA), a regulation that establishes a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem. The regulation aims at boosting the indus

about 2 years ago

Transition

Carnival inches close to its 2030 emission reduction targets

The world’s largest cruise company Carnival Corporation & plc is on track to achieve an overall 18% reduction in greenhouse gas (GHG) emission intensity on a lower berth capacity basis in 2024 compared to 2019. The achievement is just a few points shy of its 20% reduction goal originally targeted fo

about 2 years ago

Transition

New industry-academia collab wants to reduce cost of green hydrogen production

Spanish materials technology company Matteco has partnered with Siemens Energy and Horiba, as well as the Institute of Molecular Sciences (ICMol) of the University of Valencia, and the Helmholtz Institute Erlangen-Nuremberg for Renewable Energies (HI ERN) to develop a sustainable, efficient, and sca

about 2 years ago

Transition

Viking Line, Ports of Stockholm and Turku eye carbon-neutral corridor by 2035

Finnish shipping company Viking Line has signed a Memorandum of Understanding (MoU) with the Ports of Stockholm, and the Port of Turku to create a green maritime corridor between Turku and Stockholm. The goal is for the corridor to be 100% carbon-neutral by 2035. The partnership aims to develop scal

about 2 years ago

Argos platform in the Gulf of Mexico; Source: BP

Transition

BP’s profit cut in half but $13.8 billion still cinched in 2023

Despite a 50% fall in profit on a year-over-year basis, BP still reported a solid overall operational and financial performance during 2023.

about 2 years ago

Transition

K Line to manage Northern Lights’ 3rd LCO2 carrier

Japanese shipping heavyweight Kawasaki Kisen Kaisha (K Line) has signed bare boat charter and time charter contracts with Northern Lights JV DA for the management of the third CO2 ship. K Line has already signed contracts for managing the first two 7,500 m3 liquefied CO2 ships scheduled for delivery

about 2 years ago

Transition

Green light for Italy’s €1.3 billion, 1 GW submarine power line

Italy’s Ministry of Environment and Energy Security has given its approval for the Adriatic Link submarine power line, set to facilitate the integration of renewable sources and support energy transition goals in Italy. The Italian Ministry of Environment and Energy Security authorized, through a de

about 2 years ago

Transition

Snam gauging market interest in hydrogen and CO2 transport and storage

Italian energy infrastructure operator Snam, in cooperation with Confindustria, has officially launched a market test on hydrogen demand in Italy and, in partnership with Eni, a collection of non-binding expressions of interest for the transport and storage of CO2 within the framework of the carbon

about 2 years ago

Transition

France-Scotland alliance to boost hydrogen deployment

France Hydrogène and the Scottish Hydrogen & Fuel Cell Association (SHFCA) have signed a memorandum of understanding (MoU) to strengthen collaboration and cooperation between the two organizations and accelerate the deployment of hydrogen for the transition to net zero. According to the SHFCA, the p

about 2 years ago

Transition

France’s HelioRec sets up partnership for floating solar in Bretagne

France-based start-up HelioRec has established a partnership with EMP ROTOMOULAGE, a company dedicated to rotational molding techniques, with the aim of spearheading the production of floating solar systems in the Bretagne region. HelioRec, who has developed a floating solar system whose compact des

about 2 years ago

Transition

Switching to ammonia as marine fuel may create more problems than it solves

Switching to ammonia as a marine fuel, with the goal of decarbonization, can instead create entirely new problems, a new study found.

about 2 years ago

Transition

VINCI wins cruise ship shore power deal at HAROPA PORT

A consortium comprised of subsidiaries from VINCI Energies and VINCI Construction has won a contract for the implementation of a high-voltage power supply system at HAROPA PORT’s Pointe de Floride terminal. The system is expected to cut emissions by 15,000 tonnes of CO2 equivalent a year, according

about 2 years ago