The Netherlands Authority for Consumers and Markets (ACM) has given approval to competitors Shell and TotalEnergies to collaborate on CO2 storage in empty natural-gas fields in the North Sea. Shell and TotalEnergies plan to store CO2 on a large scale as part of the Aramis project, collaborating with the government,
Study: Running ships on green fuels has minimal impact on consumer goods prices
Running ships entirely on green hydrogen-based fuels (e-fuels) would add less than €0.10 to the price of a pair of trainers and up to €8 for a refrigerator, a new study on the cost of decarbonising European shipping shows. Source: T&E This briefing assesses the likely cost increase in seaborne
MHI invests in EH2 startup for clean hydrogen production
Japanese company Mitsubishi Heavy Industries (MHI) has invested in Electric Hydrogen (EH2), a clean hydrogen startup from the U.S, to support its efforts in developing clean hydrogen. Illustration; Courtesy of Business Wire Through this investment, MHI said it wants to strengthen and diversify its hydrogen value chain, advance its energy
EU ministers agree higher 2030 targets for renewables, energy efficiency
The Council of the European Union has adopted its negotiating positions on two legislative proposals that tackle the energy aspects of the EU’s climate transition under the ‘Fit for 55’ package: the renewable energies directive and the energy efficiency directive. Today, EU ministers agreed on new 2030 targets which will:
CMA CGM, Shell join forces for LNG supply, maritime decarbonisation
French shipping giant CMA CGM Group and oil and gas company Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector. Specifically, the partners have signed include a multi-year deal for the supply of liquefied natural gas (LNG) to CMA CGM’s 13,000 TEU vessels in
QatarEnergy signs up for initiative to remove methane footprint from oil & gas industry
Qatar’s state-owned giant QatarEnergy has joined an industry initiative, which aims to eliminate methane emissions from the oil and gas industry by 2030. QatarEnergy revealed on Monday that it has joined the Aiming for Zero Methane Emissions Initiative, aiming to reach near-zero methane footprint from operated oil and gas
European Energy to deliver green hydrogen for vessels in Port Esbjerg
Danish renewables developer European Energy has signed a contract with Port Esbjerg to deliver green hydrogen which will be used in a fuel cell to generate fossil-free power for vessels in the port. Under the contract, European Energy will start delivering green hydrogen to Port Esbjerg from the first half
ExxonMobil’s Slagen terminal considered for hydrogen and ammonia production
ExxonMobil, Grieg Edge, North Ammonia, and GreenH have signed a memorandum of understanding to study the potential production and distribution of green hydrogen and ammonia as marine fuels at ExxonMobil’s Slagen terminal in Norway. Courtesy of ExxonMobil The study will explore the potential for the terminal, which is powered by
India’s GAIL to go into distributed LNG production
India’s largest natural gas company GAIL has revealed plans to enter into distributed LNG production to cater to the demand from off-grid locations and the transport sector. Illustration; Courtesy of GAIL GAIL placed an order for two small-scale liquefaction skids capable of producing LNG on a pilot basis. The company
U.S. and EU scaling up efforts to ensure energy security and curb emissions
Amid the growing geopolitical crisis, the United States and the European Union are planning to intensify efforts to ensure energy security and reduce emissions in a bid to ramp up the deployment of clean technologies in line with net-zero goals while pursuing diversification of energy supplies to Europe in a sustainable