French engineering company GTT, compatriot naval consultancy and engineering firm Alwena Shipping and COSCO Shipping Heavy Industry (Zhoushan) shipyard have received approval in principle (AiP) from the classification society Bureau Veritas (BV) for a new concept, combining LNG retrofit and jumboization applied to large containerships. Photo: GTT As informed, GTT …
Norwegian shipowner Egil Ulvan Rederi has secured Approval in Principle (AiP) from maritime classification society Lloyd’s Register (LR) for its zero-emission self-discharging hydrogen-fueled bulk carrier. With Orca. Courtesy of Egil Ulvan Rederi The AiP for the vessel that will be fully zero-emission in all operations was awarded after the completion …
U.S. energy major Chevron will acquire the outstanding shares of renewable fuels firm Renewable Energy Group for $3.15 billion in cash. Illustration only; Courtesy of Chevron The acquisition combines renewable fuels production of Renewable Energy Group with Chevron’s large manufacturing, distribution, and marketing position. “REG was a founder of the …
Houston-based oil and gas company Talos Energy has joined forces with the U.S. Port of Corpus Christi Authority and compatriot energy company Howard Midstream Energy Partners (HEP) to pursue carbon capture and sequestration (CCS) opportunities at the Port of Corpus Christi. Talos reported on Monday that it has entered into …
Oil and gas major Shell has joined other companies like BP and Equinor in a decision to exit Russia-related businesses following Russia’s attack on Ukraine and the widespread sanctions the country and its companies have been facing. Meanwhile, French major TotalEnergies has said it will no longer provide capital for …
Australia-based and AIM-listed Oilex, which has been focusing on carbon-neutral gas production in conjunction with carbon capture and storage (CCS), is hoping to get a licence from the UK authorities, which would enable it to move forward with its proposed Medway Hub CCS project in the UK. As part of …