G7 leaders issue statement to accelerate transition away from fossil fuels

Leaders of the Group of Seven (G7) developed democracies will commit to accelerating their transition away from fossil fuels during this decade, according to a draft of a statement to be issued at the end of their ongoing summit in Italy. Other commitments on climate policy in the draft include a pledge “to phase out

BLOM Maritime, Samskip received a grant for retrofit

TECO 2030, BLOM Maritime and Samskip have received a grant for a pre-project aiming to retrofit Samskip’s vessel Kvitnos with TECO 2030 fuel cells and hydrogen fuel. The project aims to significantly reduce emissions from this LNG-fueled vessel, which currently operates on a weekly multipurpose service from Rotterdam along most of the Norwegian coastline to

Kongsberg secures contract to design, equip multi-fuel newbuild for Danish operator

Kongsberg Maritime has secured a contract to design and equip a tenth hybrid chemical tanker for Danish operator Terntank. The new Terntank vessels will reduce carbon emissions using a combination of clean technologies. The wind-assist technology will be installed on the latest four vessels ordered, and this feature alone is expected to reduce emissions by

ADDED partners with Broaden Energy for hydrogen manufacturing hub

The Abu Dhabi Department of Economic Development (ADDED) has partnered with Broaden Energy to launch the first hydrogen equipment manufacturing complex in Abu Dhabi. The complex aims to support the goals of the Abu Dhabi Industrial Strategy (ADIS), advancing sustainability, developing value chains, and strengthening Abu Dhabi’s position as the region’s most competitive industrial hub.

OMV Petrom invests €750 mn in sustainable fuels plant

OMV Petrom will invest approximately €750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels. The company has made the final investment decision to build a SAF/HVO facility along with two facilities for green hydrogen which will be used in the production of biofuels. The investments for this unit

MNRE and IREDA host conference highlighting Green Energy Potential

Ministry of New & Renewable Energy (MNRE), in collaboration with the Indian Renewable Energy Development Agency Ltd. (IREDA), organized a pre-event conference for Global Wind Day at the Welcome Hotel in Bhubaneswar. The speech of Lalit Bohra, Joint Secretary (MNRE) was read out by Dr. B. K. Mohanty, Director (Finance), IREDA, in which he emphasized

IRENA Council convenes amidst UN Secretary General’s call for urgent climate action

The International Renewable Energy Agency (IRENA) convenes its 27th Council meeting in Abu Dhabi, after United Nations Secretary-General Antonio Guterres issued an urgent call for climate action recently. The two-day meetings gather representatives from 105 countries to discuss critical issues facing the energy transition. Over the next two days, IRENA members will focus on scaling

Strategic Marine enters into MoU with Mainprize Offshore

Following the recent successful delivery of two Supa Swath Vessels to the established UK based operator Mainprize Offshore, Strategic Marine announced that it has entered into a Memorandum of Understanding (MoU) for the acquisition of six state-of-the-art Supa Swath vessels, with an option for an additional six vessels. This strategic agreement looks to further enhance

Aramco and NextDecade announce Heads of Agreement for offtake of LNG

Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation (NextDecade) announced that their respective subsidiaries have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake from Train 4 at the Rio Grande LNG Facility at the Port of

Berg Propulsion wins LDA Airbus ships hybrid propulsion system contract

Berg Propulsion has won a contract covering the hybrid propulsion solution that will ensure that three wind-assisted Louis Dreyfus Armateurs (LDA) RO/RO vessels maximize efficiency regardless of their mode of operation. The vessels are being built for charter to Airbus and will transport aircraft subassemblies between Saint-Nazaire, France, and its single-aisle aircraft final assembly line