558 results found for 'COP28'

558 results found for 'COP28'
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  • Two legal challenges loom over UK’s giant undeveloped oil field

    18 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Rules & Regulation

    Legal trouble brews on the horizon for the UK government and one of the largest undeveloped oil fields in the UK over climate concerns.

  • 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 […]

  • Scandlines to electrify two Fehrmarn Belt ferries

    15 December 2023
    Business Developments & Projects, Infrastructure, Market Outlooks, Outlook & Strategy, Transition, Vessels

    Taking the next big step on its green journey, Danish ferry operator Scandlines has decided to electrify two ferries on the Fehmarn Belt that links Denmark with northern Germany.

  • 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 […]

  • 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 […]

  • 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 […]

  • Japanese player helping Petronas find methane and GHG emissions reduction tools offshore Malaysia

    11 April 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Innovation, Project & Tenders, Research & Development, Technology, Transition

    JGC was selected by Petronas to commission a study to formulate methods to control methane and other GHG emissions offshore Malaysia.

  • ADNOC expands its carbon management footprint by investing in Storegga

    9 January 2024
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage

    ADNOC has made its first international equity investment foray in carbon management by becoming a lead investor in Storegga.

  • ‘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.

  • 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, […]

  • BP and ADNOC build on more than 50 years of collaboration with new gas-focused joint venture

    15 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    BP and ADNOC have decided to establish a new joint venture (JV), which will initially focus on the development of gas assets in Egypt.

  • TAQA eyes joining 900-kilometer European interconnector

    19 December 2023
    Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Abu Dhabi National Energy Company PJSC (TAQA) has signed a memorandum of understanding (MoU) to explore the possibility of becoming one of the shareholders in a project to develop a 900-kilometer HVDC electricity interconnection between Greece and Cyprus. Under the terms of the MoU, TAQA will explore joining Greece’s transmission system operator (TSO) Independent Power […]

  • 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.

  • Fresh oil, gas, and drilling plays shape global energy ecosystem

    12 February 2024
    Business & Finance, Business Developments & Projects, Collaboration, Environment, Exploration & Production, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.

  • 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.

  • Natural gas hailed as backbone of energy mix with security of supply and decarbonisation vying for attention

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

    Natural gas is still forecasted to play a crucial role and act as a trump card while the world embraces the race to net-zero.

  • With energy security in mind, ADNOC CEO calls for ‘maximum energy with minimium emissions’

    31 October 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition

    Keeping the global energy crisis at the forefront, the CEO of ADNOC believes that the world needs all the energy solutions it can get.

  • Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA

    13 July 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Regulation & Policy, Transition

    IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

  • BP, Shell, TotalEnergies and Mitsui take stakes in ADNOC’s huge LNG project

    10 July 2024
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Transition, Vision

    Abu Dhabi National Oil Company (ADNOC) has signed agreements with industry majors BP, Mitsui & Co., Shell and TotalEnergies under which each will take a 10% equity stake in what will be the first liquefied natural gas (LNG) export facility in the Middle East and North Africa (MENA) region to run on clean power, with ADNOC […]

  • Eight countries take steps to erase fossil fuels from EU’s power system as ‘ground-breaking’ new law comes to light

    20 December 2023
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Regulation & Policy, Rules & Regulation, Transition

    Eight European countries – Austria, Belgium, France, Germany, Luxembourg, the Netherlands, Switzerland, and Lithuania – have made commitments that put them en route to fossil-free power by 2035. 

  • In focus: Is climate crisis a ‘fossil fuels crisis’?

    22 September 2023
    Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    With only two months left until the COP28 climate summit in Dubai, all eyes are turned to global leaders to take concrete steps to keep the goal of limiting global warming to 1.5 °C within reach. While the fossil fuels industry faces growing dissatisfaction from environmental activists, leaders from both public and private sectors are […]

  • 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.

  • Will a net-zero dash enable the UK to reap more benefits?

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

    New poll shows the majority of British people are in favor of hastening the UK’s net-zero aspirations, thus, more green policies are seen as a safe bet for winning incoming elections.

  • G7 upping the green and low-carbon ante while gas is still king of energy throne

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

    The G7 stresses the role gas, especially LNG, can play in propelling the transition to clean energy forward.

  • In focus: Plotting the course of green transition as heat waves strain energy sources

    23 June 2023
    Business Developments & Projects, Collaboration, Environment, Infrastructure, Project & Tenders, Research & Development, Technology, Transition

    Human-caused global warming has increased the intensity and duration of heat waves all around the world. Scientists indicate that the heat waves will become even more intense in the future. As the world struggles to take a fresh breath from record-breaking high temperatures, the offshore energy sector is trying to stay on the course, embracing its important role in the energy transition.