520 results found for 'COP28'

520 results found for 'COP28'
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  • First-ever EU law to rein in methane footprint comes with crackdown on emissions from imports

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

    The EU has taken steps to tackle methane emissions from the energy sector, with the European Parliament, Commission, and Council reaching a provisional agreement on the first EU-wide legislation to cut the methane footprint in Europe and its global supply chains.

  • 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.

  • MOL, DP World team up on clean fuels for maritime and port-based applications

    7 December 2023
    Business Developments & Projects, Collaboration

    Japanese shipping company Mitsui O.S.K. Lines (MOL) and UAE-based ports and logistics giant DP World have signed a memorandum of understanding (MoU) to explore opportunities to enhance auto logistics capabilities at Jebel Ali Port and reduce carbon emissions in port and maritime applications in the UAE and beyond.

  • European ministers urged to streamline renewable hydrogen financing

    20 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Outlook & Strategy, Regulation & Policy

    In a joint letter, CEOs from the Renewable Hydrogen Coalition (RHC) have urged European Ministers of Finance to streamline financing to renewable hydrogen and electrolyzer manufacturing capacity within Europe and allocate national budgets to the European Hydrogen Bank. According to the CEOs, the critical first wave of European renewable hydrogen projects is very close to […]

  • G20 leaders agree to expedite efforts to triple global renewable energy by 2030

    12 September 2023
    Authorities & Government, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition, Vision

    G20 leaders have decided to accelerate efforts to triple total renewable energy capacity and underscore the global need for over $4 trillion of annual investments until 2030, endorsing recommendations from the International Renewable Energy Agency (IRENA) for global renewable energy adoption. In a declaration adopted on Saturday, 9 September 2023, the group cited a report, […]

  • Coming to grips with a mixed bag of energy transition expectations

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

    As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.

  • Red Sea attacks on liner majors’ vessels highlight crucial link between world peace and just energy transition

    15 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition, Vessels

    This is a free premium article to give you a sample of what Offshore Energy has to offer as part of our premium section. The global efforts to achieve decarbonization targets bolstered by nearly 200 countries that vowed to phase out fossil fuels at the COP28 climate summit in Dubai earlier this week in an […]

  • The largest floating solar power plant in Southeast Asia comes online

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

    The 192MWp floating solar plant, developed by Indonesia’s state-owned utility company PLN and Abu Dhabi Future Energy Company – Masdar, has been put in operation at Cirata hydropower reservoir in West Java, Indonesia.

  • Decision time for oil & gas industry: Embrace green energy shift or keep fueling climate crisis

    24 November 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Market Outlooks, Project & Tenders, Transition

    The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.

  • ADNOC and Eni ally on clean energy and sustainability

    6 March 2023
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders, Research & Development, Transition

    The UAE’s Abu Dhabi National Oil Company (ADNOC) and Italy’s Eni have signed a Memorandum of Understanding (MoU) which outlines a framework of cooperation for future joint projects on energy transition, sustainability, and decarbonisation. Through this agreement, Eni and ADNOC said they will explore potential opportunities in the areas of renewable energy, blue and green […]

  • With Red Sea ensnared in security woes, ten nations come together to untangle it, after BP pumps the brakes on oil & gas trade

    19 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Project & Tenders, Regulation & Policy, Safety, Vessels

    While Yemen’s Huthis intensify their attacks on vessels in the Red Sea, multiple nations bond together to tackle these security concerns.

  • IEC Telecom: Digitally-enabled ships can achieve 38% CO2 emissions reduction

    7 November 2023
    IT & Software

    Digitally-enabled vessels that incorporate decarbonization technologies can reduce carbon emissions by 38% and enhanced connectivity can increase profitability by 4 to 17%, according to international satellite service operator IEC Telecom.

  • CEM adopts new initiative for scaling low-carbon fuel production

    21 July 2023
    Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy

    The Clean Energy Marine Hubs Initiative (CEM-Hubs), the first-of-its-kind platform that brings together the private sector and governments across the energy-maritime value chain to transform maritime transportation and production hubs for future low-carbon fuels, has been adopted by the Clean Energy Ministerial (CEM). The CEM adopted the new initiative to scale low-carbon fuel production on […]

  • UK, UAE ally on clean energy, hydrogen included

    16 January 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Outlook & Strategy, Regulation & Policy

    The UK and UAE have signed a Memorandum of Understanding (MoU) expected to help facilitate the sharing of technical knowledge, advice, skills, and expertise, opening up new avenues for cooperation on energy and climate, while boosting jobs and investment in the UK. UK Business and Energy Secretary Grant Shapps said: “The UK is immensely proud […]

  • Masdar eyes green hydrogen production in Suez Canal

    26 April 2022
    Business & Finance, Business Developments & Projects, Collaboration, Outlook & Strategy, Transition

    Abu Dhabi’s renewable energy company Masdar and investment platform Hassan Allam Utilities have signed two memorandums of understanding (MoUs) to cooperate on the development of green hydrogen production plants in the Suez Canal Economic Zone (SCZone) and on the Mediterranean coast.

  • Masdar sets up new office in Azerbaijan to back country’s clean energy goals

    6 February 2023
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Transition

    Abu Dhabi’s renewable energy company Masdar has opened a new office in Baku, Azerbaijan, to strengthen its support for the country’s renewable energy development. During the inauguration event for the office, located in Port Baku Tower, Masdar pledged to work with the goverment and other stakeholders in Azerbaijan to accelerate the growth of its renewable energy sector, as […]

  • Five EU countries strengthen carbon capture and storage bonds with new declaration, paving the way for Europe’s CCUS market

    28 November 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Outlook & Strategy, Project & Tenders, Regulation & Policy, Rules & Regulation, Transition

    Five countries have taken steps to build closer cooperation within the European Union on carbon capture and storage by signing a declaration.

  • IWSA: More wind-powered ships than large cargo vessels running on low and zero-carbon fuels

    5 December 2023
    Authorities & Government, Business Developments & Projects, Green Marine, Outlook & Strategy, Regulation & Policy, Transition, Vessels

    The International Windship Association (IWSA) has issued an open letter to the Heads of State and delegates at the 28th Conference of the Parties of the UNFCCC (COP 28), urging them to recognize the vital role of direct wind propulsion in the decarbonization of the maritime sector. This appeal, aligned with recent UN targets for […]

  • Masdar sets sights on Tajikistan’s floating solar potential

    4 October 2023
    Authorities & Government, Business Developments & Projects, Collaboration, Market Outlooks, Outlook & Strategy, Regulation & Policy, Technology, Transition, Vision

    MW Energy, a joint venture between Abu Dhabi Future Energy Company (Masdar) and W Solar Investment, has signed an agreement with Tajikistan’s Ministry of Energy and Water Resources (MOEWR) to explore at least 500MW capacity of clean energy projects, including floating solar power,

  • Masdar agrees to explore green hydrogen exports from Abu Dhabi to Europe

    16 January 2023
    Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Outlook & Strategy

    Abu Dhabi-based clean energy company Masdar and four Dutch companies have signed a memorandum of understanding (MoU) to explore the development of a green hydrogen supply chain between Abu Dhabi and Amsterdam. The MoU was signed by the representatives of Masdar, Port of Amsterdam, SkyNRG, Evos Amsterdam and Zenith Energy Terminals to assess green hydrogen exports […]

  • IEA’s net-zero recipe: Going green and slashing fossil fuels’ role in energy mix while pursuing ‘equitable’ transition

    27 September 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition

    The IEA believes that the path to limiting global warming to 1.5 °C has narrowed, however, clean energy growth is still keeping it open.

  • Net-zero puzzle needs multiple pieces in place: Tripling renewables and slashing oil & gas emissions

    24 July 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Outlook & Strategy, Regulation & Policy, Rules & Regulation, Transition

    Multiple sources of supply vie for attention in the journey to net-zero, with renewables being crown jewels.

  • India and Saudi Arabia ally on clean hydrogen

    9 October 2023
    Authorities & Government, Collaboration, Outlook & Strategy, Regulation & Policy

    On the sidelines of the MENA Climate Week in Riyadh, India and Saudi Arabia have signed a memorandum of understanding (MoU) in the fields of electrical interconnections, green/clean hydrogen and supply chains. Specifically, the MoU aims to establish a general framework for cooperation between the two countries in the field of electrical interconnection, exchange of […]

  • Urgent action needed to reach 5% zero-emission fuel target by 2030, says new report

    18 October 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Green Marine, Market Outlooks, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Rules & Regulation, Transition, Vessels

    In the race to achieve the 5% target for scalable zero-emission fuel (SZEF) goal by 2030, the global shipping industry has made significant progress over the past year, as revealed in a recent report from UMAS, Getting to Zero Coalition, and Race to Zero. The developments are promising, but as the 2030 deadline looms closer, […]

  • Report: Instead of emission silver bullet, offshore CCS rush deemed as fossil fuel extension cover-up

    16 November 2023
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Project & Tenders, Transition

    New report from the Center for International Environmental Law (CIEL) outlines that offshore CCS is not a solution to fossil fuel pollution.