Italian oil and gas company Eni has received a carbon dioxide (CO2) appraisal and storage license (CS license) in an area located within the Liverpool Bay area of the East Irish Sea.Under the license awarded by the UK Oil and Gas Authority (OGA)…
Belgium-based offshore installation contractor Deme said Tuesday it had joined the European Clean Hydrogen Alliance. The alliance supports the EU’s ambitious hydrogen and decarbonization strategy.'With this membership Deme underlines its commitment to using its expertise for the production…
Offshore wind developer Ørsted and fertilizer company Yara have entered a joint project aimed at producing ammonia from renewable hydrogen instead of fossil hydrogen in the Netherlands.The two companies say their project had the potential to reduce more than 100…
Oil and gas company Neptune Energy has created a business branch named New Energy and has appointed Pierre Girard as a director who will lead it.Neptune announced in August the formation of a New Energy team to scale partnerships and investments in low carbon technologies…
Dutch offshore installation company Heerema Marine Contractors said this week that it plans to become carbon neutral in 2020. This will, according to Heerema, make the company 'the first carbon-neutral marine contractor.'Heerema produces carbon emissions through fuel combustion…
German oil company Wintershall Dea has said it has switched the power supply to the Mittelplate Drilling and Production island in the Schleswig-Holstein Wadden Sea National Park in Germany to '100-percent certified electricity from renewable sources…
Lundin Energy, a Swedish oil and gas company with operations in Norway, has hired the Norwegian engineering and construction giant Aker Solutions to help it electrify its Edvard Grieg offshore oil platform in the North Sea.Under the contract…
The world must combine COVID-19 recovery packages with massive investments in renewable energy and low-carbon infrastructure or it will fail to meet a global warming limit target, a report by leading energy consultancy Wood Mackenzie said on Wednesday…
Vattenfall will focus on offshore wind power developments in Europe as the region seeks to boost green investments, instead of expanding globally, the Swedish utility said on Wednesday.State-controlled Vattenfall said the European Union's plans…
Oil and gas giant Shell, which has been increasingly getting involved in renewables, has said it has partnered up with tech giant Microsoft 'to support progress towards a world with net-zero emissions.'As part of the strategic agreement signed between the two companies…
Wind turbine constructor GE Renewable Energy will supply its giant 13MW Haliade-X wind turbines for the Dogger Bank wind farm phases A and B. Dogger Bank is a giant offshore wind farm project in the UK, jointly owned by SSE and Equinor. Once completed…
Royal Dutch Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash so it can overhaul its business and focus more on renewable energy and power markets, sources told Reuters.Shell’s new cost-cutting review…
In what has been described as 'the greatest climate project in Norwegian industry ever' the Norwegian government on Monday submitted a white paper to parliament, proposing to launch a $2,7 billion carbon capture and storage (CCS) project in Norway…
Danish offshore drilling company Maersk Drilling has set a target to cut the intensity of CO2 emissions from its drilling operations by 50% by 2030. Jørn Madsen, CEO of the company which leased drilling rigs to oil companies said:'Climate change…
Plans by European oil companies to increase their renewable power capacity are driving up the price tags on renewable businesses and projects, the CEO of British renewables and network company SSE, told Reuters.BP, Shell, and Total have all…
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