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UK and Norway to collaborate on renewable energy and cross-border CO2 capture
source: World Atlas This week, the prime ministers of the UK and Norway announced a new partnership on renewable energy and carbon...
Tseles John
Dec 17, 20242 min read
UK’s first ever carbon storage becoming a reality
source: Equinor The North Sea Transition Authority (NSTA) has awarded the Northern Endurance Partnership (NEP), comprising BP, Shell and...
Tseles John
Dec 16, 20242 min read
New report for cross-border CO2 shipping to back APAC goals
Credit: GCMD – BCG By 2050, Asia Pacific (APAC) countries could require up to 150 vessels to transport an estimated 100 million tons per...
Tseles John
Dec 12, 20244 min read
Keel laid for LNG dual-fuel LCO2 tanker ordered by Bernhard Schulte
DSOC. Sou rce offshore-energy.biz German shipowner Bernhard Schulte has marked a keel laying milestone in the construction of its first...
Tseles John
Dec 11, 20242 min read
Europe’s first major CO2 storage facility reaches FID
INEOS. Source gasworld.com Greensand Future, billed as Europe’s first operational CO2 storage facility, has reached final investment...
Tseles John
Dec 10, 20242 min read
EU needs “large scale” CO2 removal for 2050 goal – analysts
The EU will not be able to meet its 2050 climate neutrality target without natural and industrial processes that withdraw vast volumes of...
Tseles John
Dec 9, 20242 min read
OT FORUM – CO2 Storage: Prinos permit due in December –The role of shipping
Prinos Kavala Greece. CO2 storage facility. Source ot.gr A new market that will relieve Greek industry of its carbon footprint is being...
Tseles John
Dec 9, 20246 min read
Europe CO2 market can reduce storage costs but policies ‘stand in way’
Carbon emitters in Europe using offshore carbon dioxide (CO2) storage would benefit from 21% cost savings, according to a new report from...
Tseles John
Dec 7, 20242 min read
FuelEU Maritime Clause for Time Charter Parties 2024
'' ATTENTION: The Parties may wish to consider whether it is necessary to make amendments to the existing Charter Party to reflect the...
Tseles John
Dec 7, 20246 min read
Knutsen NYK Carbon Carriers unveils new-look tanker
Nippon Yusen Kaisha (NYK) has given shipping a glimpse of a new-look liquefied carbon dioxide (LCO2) tanker featuring elevated pressure...
Tseles John
Dec 3, 20241 min read
Langh Tech introduces new onboard carbon capture system
Finnish green technology company Langh Tech has introduced a new onboard carbon capture (OCC) system designed to assist the maritime...
Tseles John
Dec 2, 20242 min read
Rotterdam fund invests in maritime carbon capture
The Energy Transition Fund Rotterdam (ETF-R) has committed €2M to drive innovative carbon capture developments in the Port of...
Tseles John
Nov 27, 20242 min read
NORTHERN PIONEER - First LNG-fueled LCO2 carrier ready for delivery to Northern Lights
On November 22, 2024, a ceremony was held at Dalian Shipbuilding Industry Co., Ltd to mark that the newly built liquefied CO2 carrier...
Tseles John
Nov 26, 20242 min read
EU approves first Official Certification Framework for Carbon Removal
This week, the EU Council made history by greenlighting a regulation that enables the establishment of the first official EU-level...
Tseles John
Nov 21, 20242 min read
Renewables put EU ETS “well on track” to hit 2030 target – EC
The pace of Europe’s deployment of renewable energy meant the EU ETS should hit its 2030 emissions reduction target, the European...
Tseles John
Nov 21, 20242 min read
COP29: World Bank Announces Insurance Mechanism For Carbon Markets
The World Bank Multilateral Investment Guarantee Agency (MIGA) announced yesterday the launch of a Letter of Authorization (LoA)...
Tseles John
Nov 18, 20242 min read
ECOLOG enters into an agreement for the development of a CO2 corridor between Norway and the Netherlands.
Norwegian clean energy company Horisont Energi and ECOLOG, a Greek mid-stream carbon capture, utilization and sequestration (CCUS)...
Tseles John
Nov 18, 20242 min read
Austria Launches Feasibility Study On Carbon Capture And Transport
The Climate Ministry of Austria has launched a feasibility study to assess the viability of a carbon capture, utilization, and storage...
Tseles John
Nov 8, 20241 min read
EU ETS emissions drop 47% below 2005 levels in 2023
Emissions from industry, electricity and heat generators covered under the EU’s emissions trading system (EU ETS) achieved the highest...
Tseles John
Nov 6, 20241 min read
Stena Impero trial demonstrates onboard carbon capture feasibility
Stena Bulk owned and operated MR tanker Stena Impero recently took part in an onboard carbon capture and storage trial under the Project...
Tseles John
Oct 31, 20242 min read
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