ADNOC Logistics & Services is to buy an 80% stake in Navig8 Topco Holdings in a $1.04bn deal designed to accelerate the company’s global expansion.
Shipowners should consider onboard carbon capture and storage at the newbuilding stage to reduce potential retrofit costs, according to a new DNV report.
Around 7-9 billion tonnes of CO2 per year will need to be removed by mid-century from the atmosphere if the world is to meet the 1.5°C Paris Agreement target, according to University of Oxford research.
A global pandemic deal will conclude ‘within a year at the latest’, following an agreement reached by the World Health Assembly.
Woodside has secured a $1bn loan to fund its Australia-based Scarborough Energy Project, which hopes to produce around eight million tonnes of liquefied natural gas (LNG) per year.
No royalties are paid on 56% of gas exported from Australia including 73% of gas exported from Western Australia, according to the Australia Institute.
PSA Singapore (PSA) and Pacific International Lines (PIL) have completed their first trial of low-carbon green shipments, in a joint effort to build more sustainable end-to-end supply chains.
Avfuel Corporation has expanded its sustainable aviation fuel (SAF) network in Europe after securing new supply agreements with Paris Le Bourget, Bordeaux-Mérignac and Clermont-Ferrand Auvergne airports.
Global energy company Santos has signed a long-term liquefied natural gas (LNG) supply and purchase agreement with Japan’s Hokkaido Gas.
Queenland has ruled Glencore-owned Carbon Transport and Storage Corporation’s Surat Basin Carbon Capture and Storage (CCS) project is unsuitable to proceed due to potential impacts on groundwater resources in the Great Artesian Basin.
