Greenhouse gas emissions capture and storage may be a more practical alternative to emissions reduction for meeting the IMO’s 2050 CO2 target. Tom Mulligan reports.Shipping emits close to 1 billion tons of CO2 each year and the shipping industry…
In November 2019 ABB announced the commercial availability of its new subsea power distribution and conversion technology system. Jointly developed with Equinor, Chevron and Total, the tech aims to see the majority of the world’s offshore hydrocarbon…
Revolutionary technology proven to operate successfully in 3,000-hour shallow-water testSwiss-Swedish multinational electrical engineering and global power systems technology specialist ABB has announced the commercial availability of its groundbreaking…
The Mexican government has said in its 2020 budget proposal that it will maintain a strategy of hedging its oil output against lower prices.Mexico’s state oil company Pemex will also continue a similar but separate hedging program. Mexico’s…