520 results found for 'COP28'

520 results found for 'COP28'
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  • No natural gas shortage in sight, as Türkiye plans to boost storage capacity while upgrading its facility to run on renewables

    3 January 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Regulation & Policy, Transition

    Türkiye is taking steps to scale up its natural gas storage capacity and slash greenhouse gas emissions with renewables.

  • CWP partners with Djibouti government to speed up 5-10 MW green hydrogen project

    7 December 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    Renewable energy developer CWP Global and the Government of the Republic of Djibouti have signed a joint declaration on accelerating CWP’s Green Star Hydrogen Hub, a 5-10 GW green hydrogen project that aims to redefine the energy landscape in the Horn of Africa. The parties signed the joint declaration on the sidelines of the COP28 […]

  • PIL and DP World team up to decarbonize global supply chains by using alternative fuels

    7 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development

    Singapore’s shipping company Pacific International Lines (PIL) and Dubai-based port operator DP World have signed a memorandum of understanding (MoU) to jointly develop green solutions, such as using alternative fuels, to decarbonize global supply chains. PIL and DP World signed the agreement at the UN Climate Change Conference (COP28) in Dubai, demonstrating their commitment to combating climate change […]

  • Stena rig becomes first drillship to don DNV’s notation for emission reduction

    8 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Certification & Classification, Environment, Project & Tenders, Regulation & Policy, Transition

    Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.

  • Pacific leaders vow to transition away from fossil fuels but ‘loopholes and weasel words’ weaken commitment

    20 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.

  • ExxonMobil, Chevron set sights on more oil & gas along with low-carbon and new energies

    7 December 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Project & Tenders, Transition

    ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.

  • Masdar, Dutch firms advance hydrogen export plans to Amsterdam port

    8 December 2023
    Business Developments & Projects, Collaboration, Outlook & Strategy, Ports & Logistics, Research & Development

    Abu Dhabi-based clean energy company Masdar and its Dutch partners Port of Amsterdam, SkyNRG and Zenith Energy Terminals have signed a joint study agreement (JSA) to assess the feasibility of a dedicated liquefied green hydrogen supply chain for Masdar-produced hydrogen to the port of Amsterdam. Under the JSA, the parties are expected to join efforts […]

  • New green hydrogen project to expand ACWA Power’s portfolio in Indonesia

    6 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Outlook & Strategy, Project & Tenders, Research & Development

    ACWA Power, a Saudi developer, investor and operator of power generation, water desalination and green hydrogen plants worldwide, PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity provider, and PT Pupuk Indonesia, a state-owned fertilizer and chemical producer, are set to develop what is expected to be the largest green hydrogen facility in Indonesia. The announcement […]

  • Headway made in Bonn but all hopes rest on COP28’s shoulders to tackle emission reduction challenges

    19 June 2023
    Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    The Bonn Climate Change Conference helped lay the groundwork for the political decisions required at COP28 in Dubai at the end of the year.

  • Cepsa and Maersk-backed C2X to develop largest green methanol plant in Europe

    4 December 2023
    Business Developments & Projects, Collaboration, Green Marine, Infrastructure, Outlook & Strategy, Ports & Logistics, Research & Development, Transition

    Maersk-backed methanol developing and producing company C2X has teamed up with Spanish energy giant Cepsa to develop a green methanol plant in the port of Huelva, southern Spain. The project aims to reach an estimated annual production capacity of 300,000 tons of green methanol, which Cepsa calculates would prevent the emission of up to 1 […]

  • Alliance of CEO Climate Leaders urge world govts to scale up investment in renewable energy ahead of COP28

    24 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    More than a hundred CEOs and senior executives from the Alliance of CEO Climate Leaders, led by Vincent Clerc, Chief executive Officer of A.P. Moller Maersk, have shared an open letter to world leaders ahead of COP28. The quest to cap global temperature rise at 1.5°C faces jeopardy without intensified public-private collaboration for emissions reduction […]

  • Maersk invests in Blue World, orders methanol fuel cell pilot system

    6 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Innovation, Outlook & Strategy, Technology, Transition, Vessels

    Maersk Growth, the venture arm of A.P. Moller – Maersk, invested 11 million EUR in Blue World Technologies’ pre-C-round alongside the Export and Investment Fund of Denmark (EIFO), Cycle Group, and other new and existing shareholders.  The financing round was announced during COP28 in Dubai where Blue World Technologies was presenting their high-temperature PEM fuel cell […]

  • Nova Innovation secures €20M from EU for 4MW tidal energy project

    29 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Equipment, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    Nova Innovation has won EU funding for a 4MW tidal energy farm that will be home to the largest number of tidal turbines anywhere in the world.

  • UAE and France to decarbonise HTA industries

    31 January 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Research & Development

    The UAE and France have agreed to launch a bilateral programme to develop commercial and investable opportunities to accelerate clean energy development, notably in the decarbonisation of hard-to-abate (HTA) industries, including clean hydrogen solutions for mobility. According to Masdar, (Abu Dhabi Future Energy Company), the programme’s operations will be officially launched during COP28, the 28th […]

  • Denmark and USA to explore development of green corridors in the Global South

    4 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vision

    The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, the U.S. Department of State, the U.S. Department of Energy, and the Danish Government have joined forces to resource and execute pre-feasibility studies for green corridors in five countries in the Global South, as announced on Friday at COP28 in Dubai.  The “Global South Green Corridors” project […]

  • ‘West Green Shipping Corridor’ to link North America and Asia

    8 December 2023
    Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Ports & Logistics, Transition, Vessels

    Canada has signed a memorandum of understanding (MOU) to pursue the establishment of a green shipping corridor between Canada’s West Coast and ports in the United Arab Emirates, Korea and Japan.

  • In focus: Energy and maritime plays shaping greener future to wean the world off fossil fuels

    17 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Infrastructure, Innovation, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Rules & Regulation, Technology, Transition, Vessels

    This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.

  • Annual renewable power must triple by 2030, IRENA claims

    22 June 2023
    Market Outlooks, Outlook & Strategy, Transition, Vision

    In the first volume of the World Energy Transitions Outlook (WETO) 2023, the International Renewable Energy Agency (IRENA) calls for annual renewable power additions of 1,000 GW by 2030 to keep the 1.5°C climate target within reach. More specifically, IRENA identifies the way forward to immediately course correct the 1.5°C climate pathway and calls for […]

  • Singapore, LA and Long Beach unveil strategy for green shipping corridor

    7 December 2023
    Ports & Logistics

    The Maritime and Port Authority of Singapore (MPA), Port of Los Angeles (POLA) and Port of Long Beach (POLB) have unveiled a partnership strategy for a green and digital shipping corridor (GDSC) across the Pacific Ocean.

  • IEA-OES unveils international roadmap for 300GW of ocean energy by 2050

    24 November 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Equipment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    International Energy Agency’s Technology Collaboration Program on Ocean Energy Systems (IEA-OES) has released a roadmap that outlines a comprehensive strategy that will help to drive the global development of ocean energy.

  • New action plan comes into the limelight to accelerate decarbonisation

    11 November 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Environment, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Research & Development, Technology, Transition

    With COP27 in full swing, governments have set out an action plan to scale up decarbonisation efforts, says IRENA.

  • EU-Catalyst Partnership to back Ørsted’s FlagshipONE e-methanol project

    4 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy, Project & Tenders

    Danish energy company Ørsted has secured support from the EU-Catalyst Partnership, which consists of the European Commission (EC), Breakthrough Energy Catalyst, and the European Investment Bank (EIB), for its FlagshipONE project, also known as Europe’s largest e-methanol plant. On December 1, at COP28, Ørsted announced the support that will see Breakthrough Energy Catalyst acquire a […]

  • Industry players call for decarbonisation budgets to boost net-zero drive

    28 February 2023
    Business & Finance, Business Developments & Projects

    Executives from ‘hard-to-abate’ industries have called for increased financing to support decarbonization efforts.

  • Masdar, PLN NP shake hands to triple the size of ASEAN’s largest floating solar plant

    27 September 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Technology, Transition, Vision

    UAE’s Masdar has signed the agreement with PLN Nusantara Power (PLN NP) for a 500MW expansion of Cirata floating solar plant in Indonesia – which is set to become the largest floating solar plant in the Association of Southeast Asian Nations (ASEAN).

  • Electrification: Key to unlocking untapped oil & gas reserves and augmenting production

    29 December 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Transition

    The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.