Energy.
ZERO44 brings carbon insetting and regulatory compliance together in industry-first solution
ZERO44, the maritime emissions compliance platform, has launched its new Carbon Insetting module, the industry's first software to bring regulatory compliance and carbon insetting decision-making into a single solution. Carbon insetting lets operators sell the emission reductions from low-carbon fuel use directly to cargo owners who want to cut their own Scope 3 emissions. It is already common in…
STAX Engineering lands $150 million to scale ship emissions capture
US-based emission reduction technology firm STAX Engineering has secured $150 million financing to boost its emissions capture system for ships. The funding will be used for contracted fleet build…
India’s first greenfield integrated refinery complex in a decade starts
India’s first greenfield integrated refinery complex in a decade began operations July 4, a development that will advance the country’s energy security and support its emergence as a key refining…
Oceaneering announces increase in Revolving Credit Facility to $345 Million
Oceaneering International, Inc. announced that it has entered into an amendment to its senior secured revolving credit facility (“Credit Facility”) to, among other things, increase the commitments…
New consortium to advance e-fuel green corridor between Brazil and Belgium
A new consortium facilitated by the Global Maritime Forum and RMI will work to establish a green shipping corridor between the Port of Açu in Brazil and the Port of Antwerp-Bruges in Belgium. In…
Greek shipowners work with Japan, Liberia on new IMO bunker rules
The Union of Greek Shipowners has reached out to Liberia and Japan to work on alternative proposals to the International Maritime Organization’s Net-Zero Framework, the group said June 5, also…
Biofuel Bunker Snapshot: Rotterdam B30-VLSFO edges higher despite POMEME barge price drop
ARA and Europe Rotterdam’s B30-VLSFO (POMEME) price has shown a slight increase of $9/mt over the week. The port’s conventional VLSFO price has dipped around $5/mt during the same time. Prima…
Sempra’s ECA LNG Phase 1 achieves first LNG Production
Sempra Infrastructure, a subsidiary of Sempra announced that the ECA LNG Phase 1 liquefaction project in Ensenada, Mexico, has successfully started producing liquefied natural gas (LNG) as part of…
Borr Drilling completes acquisition of five Premium Jack-Up Rigs
Borr Drilling Limited (NYSE and Euronext Growth Oslo: BORR) (“Borr Drilling” or the “Company”) today announced that it has completed its previously announced acquisition of five premium jack-up rigs…
NYK invests in XFuel to revolutionise Marine Fuel Efficiency
Innovative Recycling of Fuel Waste to Propel Marine Fuel Evolution On November 28,2025, NYK invested in XFuel Limited (XFuel), a company that has developed innovative technology to refine…
Agreement between Denmark and Germany provides clearer framework for the work on Bornholm Energy Island
Denmark and Germany have entered into an agreement on Bornholm Energy Island, establishing a shared framework for the continued development of the energy island. The agreement was signed at the…
Russian gas imports: EU Council gives final greenlight to a stepwise ban
Yesterday, the 27 EU member states formally adopted the regulation on phasing out Russian imports of both pipeline gas and liquified natural gas (LNG) into the EU. The new rules also include…
“K” LINE announced joint ownership of an LNG carrier with GAIL India Limited
Kawasaki Kisen Kaisha, has agreed in principle with GAIL Limited and J M Baxi Group , our business partner in India, on the joint ownership of an LNG carrier currently under construction by Samsung…
MOL, India’s state-owned oil and natural gas company, ONGC sign long-term charter deal for 2 liquefied ethane carriers
Building the World's Largest Ethane Carrier Flee Mitsui O.S.K. Lines, announced that it has established two joint ventures with India's state owned Oil and Natural Gas Corporation Limited . The two…
Thomas W Horton joins Chevron’s board of directors
Chevron Corporation announced Thomas W. Horton has joined the company’s Board of Directors as an Independent Director and has been appointed to the Board Audit Committee. Horton, 64, is a partner at…
South Korea patent further strengthens Asia presence
Sulnox, the greentech company delivering lower fuel costs and emissions with zero capex, is pleased to announce that it has secured a strategically important patent in Korea. Consistent with Sulnox's…
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