McKinsey & Company, a global management consulting firm, highlights the need to up the climate action ante by scaling up interrelated low-emission and green technologies. The post Closing ‘reality gap’ between net zero ambition and energy transition action requires US and EU to pull all decarbonization levers appeared first on Offshore Energy.
Protectionism represents a growing risk for the shipping decision-makers, driven by geopolitical instability, national energy security concerns, global and regional economic crises, and government-led manufacturing incentives favoring local production, a recent report shows. The post ICS: Protectionist policies heighten risks for shipping amid global geopolitical unrest appeared first on Offshore Energy.
Norwegian shipping company Knutsen Group has received new energy-efficient LNG carrier for charter with […] The post Knutsen welcomes eighth energy-efficient LNG carrier for charter with Shell appeared first on Offshore Energy.
CSS Subsea, a subsea engineering solutions provider, has been acquired by a UK-based subsea […] The post New ownership for Swiss subsea engineering solutions provider appeared first on Offshore Energy.
Mexico’s energy officials have offered a glimpse into the prospects for the exploration and extraction of hydrocarbons not only in the domestic playground but also the international one, under the backdrop of economic, geopolitical, and energy transition woes and opportunities. The post Mexico’s top oil & gas projects under development: Coming to grips with main …
The volume of fuel oil stored in onshore tanks at key trading hub Singapore fell to its lowest in 16 weeks, data showed. Fuel oil stockpiles were at 16.86 million barrels (around 2.65 million metric tons) in the week to Sept. 11, sliding 10.1% from the previous week, Enterprise Singapore data showed. The drop came …
Singapore fuel oil stockpiles slump to 16-week low Read More »
The International Maritime Organization (IMO) is inviting applications for technical assistance for pilot projects, specifically for the development of feasibility studies to support the deployment of zero- or near-zero GHG emission solutions on board ships and in ports. This technical assistance, provided through the GreenVoyage2050 programme, offers eligible developing countries a unique opportunity for tailor-made assistance for feasibility studies up to $250,000 per selected pilot …
Deputy Minister of Shipping Marina Hadjimanolis announced this week the results of the recent elections for two key advisory committees, which aim to enhance the competitiveness and quality of Cyprus’ maritime sector. These committees are the advisory committee on competitiveness and quality enhancement of the Cyprus flag, as well as the advisory committee on competitiveness …
Cyprus: Shipping minister announces results of maritime committee elections Read More »
Japanese shipping major Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of […] The post MOL and Chevron to equip newbuild LNG carrier with wind-assisted propulsion appeared first on Offshore Energy.
UK-based tidal energy company Proteus Marine Renewables (PMR) has launched a crowdfunding campaign to […] The post Proteus Marine Renewables starts crowdfunding campaign to propel tidal energy commercialization appeared first on Offshore Energy.
