520 results found for 'COP28'

520 results found for 'COP28'
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  • DP World earmarks $500 million to cut CO2 emissions across its business

    7 November 2022
    Business & Finance, Business Developments & Projects, Environment, Equipment, Green Marine, Infrastructure, Ports & Logistics, Transition

    Dubai-based logistics heavyweight DP World plans to invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tonnes over the next five years. The move was announced by the company’s Chairman and Group CEO, Sultan Ahmed Bin Sulayem while he was addressing delegates at the UN Climate Conference (COP 27) […]

  • Biden in ‘historic action’ to cut methane emissions from oil & gas operations

    3 November 2021
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Rules & Regulation, Transition

    U.S. government is proposing measures to cut methane emissions resulting from oil and gas operations as part of Biden’s commitment to action on climate change.

  • Shell inks deal with Ithaca to offload its stake in UK’s ‘second largest undeveloped field’

    5 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Shell has signed an agreement with Ithaca Energy, defining a marketing process for its interest in the controversial Cambo development.

  • Is the EU on the cusp of grabbing methane by the horns or will it let these emissions slip through the cracks?

    25 April 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The EU is preparing to cast its vote on the first methane emissions regulation, which could help lower methane in the oil and gas sector.

  • ‘Disorderly’ energy transition looms with rising coal demand and high gas prices, says WoodMac

    15 July 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    WoodMac: As plans for renewables stall, Asia’s decarbonisation ambition does not match reality amid rising coal demand and high gas prices.

  • Interview: Larger LNG-Powered Boxships Only a Matter of Time

    16 January 2016
    Business & Finance

    Cutting emissions in a world already experiencing climate change has been one of the key topics last year as world powers met in Paris to talk measures aimed at curbing global warming  of more than 2°C. Even though shipping has been left out of the Paris Agreement, there is a mounting pressure on the industry […]

  • Embracing sustainability, US gov’t makes ‘biggest ever’ investment in ports

    12 November 2021
    Authorities & Government, Business & Finance, Environment, Infrastructure, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Transition

    The Biden-Harris Administration has passed new legislation as part of which billions of dollars will be invested in US port infrastructure and waterways.

  • Due Diligence: Looking beyond Financial Performance

    8 May 2017

    By DNV GL With oil and gas industry mergers and acquisitions expected to pick up this year, buyers and sellers need to focus on more than financials during due diligence. Other key considerations include environmental and safety impacts of projects or assets. Companies in the oil and gas sector are expecting increased merger and acquisition […]

  • Africa turning into hotspot for oil & gas exploration as investments reach $5.1 bln in 2022

    2 December 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Total capital expenditures (capex) for oil and gas exploration in Africa rose from $3.4 billion in 2020 to $5.1 billion in 2022.

  • IEA: Fraction of bumper profits during 2022 can slash oil & gas sector’s methane emissions

    21 February 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Methane emissions remained stubbornly high in 2022, even as soaring energy prices made actions to reduce them cheaper than ever, says IEA.

  • Energy transition down under and the risks of it going under

    22 April 2021
    Outlook & Strategy, Transition

    Australia, the world’s largest exporter of dry bulk commodities, is charting its path toward becoming carbon-neutral in line with the Paris Agreement goals. The country started hinting that it would join the global pledge on becoming a net-zero emitter by 2050 earlier this year, however, clear steps on how that will be achieved are still […]

  • China going carbon neutral: What will it mean for shipping?

    21 October 2020
    Authorities & Government, Business & Finance, Environment, Innovation, Outlook & Strategy, Rules & Regulation, Transition, Vision

    In September, China’s President Xi Jinping pledged before the UN General Assembly to make China carbon neutral by 2060. This is a bold goal for the world’s largest polluter at a time when the nation is planning to develop nearly 150 gigawatts worth of coal power plants. The momentum is building for the world’s players […]

  • Silverstream CEO: Air bubble tech particularly fit for LNG carriers

    8 October 2021
    Business Developments & Projects, Environment, Equipment, Infrastructure, Outlook & Strategy, Technology, Transition, Vessels

    Although compatible with all oceangoing vessel types, the air lubrication technology is especially suitable for liquefied natural gas (LNG) carriers, Noah Silberschmidt, CEO of Silverstream Technologies, revealed in an interview with Offshore Energy – Green Marine.

  • Court scrutiny underway for $12 billion oil & gas project off Canada

    6 March 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.

  • In focus: Global hunt for energy security revving up as Russian crisis jolts supply chains

    22 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.

  • Bibby Marine CEO: There Are Several Boxes to Tick when Looking for Vessel Design

    22 January 2017

    In 2017, Bibby Line Group will reach another milestone in its 209-year history when it takes delivery of the Bibby WaveMaster 1 – a vessel designed specifically for operations & maintenance (O&M) and construction support activities for Round 3 wind farms. And even in the ‘worst-case scenario’ in terms of the numbers of offshore wind […]

  • Bibby Marine CEO: There Are Several Boxes to Tick when Looking for Vessel Design

    22 January 2017

    In 2017, Bibby Line Group will reach another milestone in its 209-year history when it takes delivery of the Bibby WaveMaster 1 – a vessel designed specifically for operations & maintenance (O&M) and construction support activities for Round 3 wind farms. And even in the ‘worst-case scenario’ in terms of the numbers of offshore wind […]

  • Future of oil & gas industry hinges on cutting down emissions

    2 January 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    As the future of the fossil fuels industry depends on its ability to manage its GHG footprint, what’s the best way to tackle these emissions?

  • New legal storm looms over the UK: Will it scrap its £11.6 billion climate pledge?

    7 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Human Capital, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The plot thickens further with a leaked document about the UK’s alleged plans to scrap its £11.6 bln (close to $14.9 billion) climate pledge.

  • In focus: Net-zero future initiatives gathering momentum amid restrictions imposed by raging pandemic

    14 January 2022
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Transition, Vessels

    Building a sustainable future in a pandemic-ridden world is no easy feat as it brings out many challenges to the fore, however, the energy and maritime industries have shown a great determination to overcome such obstacles in their quest to accelerate decarbonisation and establish a more balanced, lower-carbon energy mix, paving the way towards the net-zero future.